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Banks in Indiana

The 87 FDIC-insured banks headquartered in Indiana, their bank failures since 1934 and the largest credit unions. From the FDIC and the NCUA; quarter ending Jun 30, 2026.

Banks headquartered here
87
Their assets
$221.5B
Their deposits
$177.2B
Failures since 2000
4
Credit unions
121

Every bank headquartered in Indiana

Ranked by total assets, quarter ending Jun 30, 2026. Banks based elsewhere with branches here are not included.

#BankHolding companyAssetsDepositsEquityNet income, year to dateROAROECET1 ratioUninsured depositsOffices
1Old National BankEvansville, INOld National Bcorp$73.9B$57.0B$8.4B$511.6M1.41%12.44%11.3%41%360
2First Merchants BankMuncie, INFirst Merchants Corp$21.3B$16.8B$2.7B$79.7M0.78%6.04%11.5%45%135
3Merchants Bank of IndianaCarmel, INMerchants Bancorp$21.2B$14.3B$2.3B$151.0M1.49%13.29%11.8%29%8
4Centier BankWhiting, INFirst Bancshares Inc$10.4B$8.8B$1.0B$78.7M1.57%15.71%12.8%38%63
51st Source BankSouth Bend, IN1ST SOURCE CORP$9.3B$7.4B$1.3B$90.9M1.99%14.72%14.8%54%81
6German American BankJasper, INGERMAN AMERICAN BANCORP, INC.$8.4B$7.1B$1.2B$74.0M1.76%13.05%13.3%43%96
7Lake City BankWarsaw, INLAKELAND FINANCIAL CORP$7.2B$6.3B$751.3M$58.9M1.66%15.52%14.1%57%58
8Horizon BankMichigan City, INHorizon Bcorp Inc$6.5B$5.5B$803.8M$56.9M1.75%14.53%12.6%26%80
9United Fidelity Bank, fsbEvansville, INPedcor Financial LLC$6.5B$5.6B$652.5M−$2.8M−0.09%−0.86%11.1%17%22
10First Financial Bank, National AssociationTerre Haute, INFirst Financial Corp$6.2B$4.9B$661.9M$43.5M1.45%13.45%12.6%36%83
11First Internet Bank of IndianaFishers, INFirst Internet Bcorp$5.5B$4.8B$435.0M$8.9M0.32%4.12%10.8%37%2
12First Farmers Bank & Trust Co.Converse, INFirst Farmers Financial Corp$3.5B$3.0B$341.1M$28.8M1.65%17.35%12.8%30%37
13STAR Financial BankFort Wayne, INStar Financial Group Inc$3.2B$2.8B$298.7M$16.3M1.01%11.15%14.3%47%37
14The National Bank of IndianapolisIndianapolis, INNational BK Inpolis Corp$3.0B$2.7B$237.5M$21.1M1.37%18.16%11.4%60%13
15Peoples BankMunster, INFinward Bancorp$2.0B$1.7B$176.9M$4.4M0.43%5.02%11.8%27%24
16First Bank MidwestFrankfort, INRichmond Mutual Bcorp Inc$1.5B$1.2B$136.4M$5.5M0.72%8.11%13.0%24%26
17Farmers State BankLagrange, INFS Bancorp, Inc.$1.3B$1.2B$129.7M$11.9M1.85%18.63%–45%12
18First Harrison BankCorydon, INFIRST CAPITAL INC$1.3B$1.1B$137.7M$9.1M1.42%13.47%–30%17
19Jackson County BankSeymour, INBancorp of Southern Indiana$1.1B$894.8M$91.4M$4.2M0.78%9.37%11.0%51%15
20First Bank of BerneBerne, INFirst Berne Financial Corp$1.1B$973.2M$74.6M$11.2M2.07%31.19%12.2%40%7
21Community First Bank of IndianaKokomo, INCommunity First Financial Corp$980.3M$814.1M$103.0M$5.5M1.14%10.56%9.9%36%7
22Greenfield Banking CompanyGreenfield, INGreenfield Bancshares Inc$930.5M$798.6M$126.3M$7.8M1.71%12.58%–42%8
23State BankBrownsburg, INLizton Financial Corp$916.1M$764.1M$100.5M$4.7M1.07%11.13%–52%11
24Citizens State Bank of New Castle, IndianaNew Castle, INTown Financial Corp$908.8M$795.2M$92.7M$4.7M1.06%10.41%15.4%35%10
25The Fountain Trust CompanyCovington, INPiper Holdings Inc$844.6M$744.1M$96.0M$4.1M1.04%9.62%15.5%21%20
26First State Bank of MiddleburyMiddlebury, INCrystal Valley Financial Corp$836.2M$651.3M$97.1M$6.5M1.59%13.78%16.4%38%6
27FCN Bank, National AssociationBrookville, INFCN Banc Corp$812.5M$706.5M$65.4M$4.3M1.06%13.48%14.0%24%6
28The New Washington State BankNew Washington, INNew Independent Bancshares Inc$798.1M$721.6M$70.0M$3.6M0.93%10.16%–39%12
29The North Salem State BankNorth Salem, INThe North Salem State Bcorp$769.6M$687.9M$69.5M$6.4M1.65%19.39%11.6%43%9
30Citizens BankMooresville, INCitba Financial Corp$690.6M$622.8M$65.0M$3.4M0.98%10.52%12.5%31%9
31First Federal Savings BankRochester, INAmerican MW Financial Corp$686.6M$540.4M$63.2M$3.3M0.97%10.85%–28%6
32Springs Valley Bank & Trust CompanyFrench Lick, INSvb&t Corp$675.3M$589.6M$79.8M$6.0M1.85%15.83%14.2%42%6
33DeMotte State BankDemotte, INDemotte Bcorp$622.0M$514.9M$54.3M$3.8M1.23%14.30%–22%10
34Crossroads BankWabash, INFFW Corp$616.1M$548.8M$52.5M$3.4M1.13%13.33%13.9%31%7
35Freedom BankHuntingburg, INFreedom Bcorp$585.7M$505.7M$69.0M$6.6M2.26%19.35%14.1%33%4
36First Federal Savings BankEvansville, INFirst Bcorp of Indiana Inc$575.6M$472.8M$53.9M$1.1M0.37%4.05%–31%10
37First Federal Savings BankHuntington, INNortheast Indiana Bcorp Inc$553.6M$459.9M$54.6M$3.5M1.27%13.21%–40%9
38Community State BankAvilla, INCommunity Financial Corp$553.6M$502.3M$49.3M$2.8M1.00%11.37%13.3%44%5
39The Friendship State BankFriendship, INFriendship Bcorp$543.8M$478.7M$41.6M$2.5M0.92%12.45%15.5%26%9
40The Peoples State BankEllettsville, INEllettsville Bancshares Inc$506.6M$444.3M$47.3M$3.6M1.48%15.72%–29%15
41The Napoleon State BankNapoleon, INNapoleon Bcorp$499.2M$440.4M$55.2M$3.6M1.47%13.50%–16%7
42Security Federal Savings BankLogansport, INSecurity Federal Mutual Bcorp$464.4M$400.4M$47.4M$1.7M0.73%7.79%–25%8
43The Bippus State BankHuntington, INBippus State Corp$458.9M$391.9M$49.1M$5.3M2.42%21.56%15.2%27%6
44The Hometown Savings BankTerre Haute, INTerre Haute Savings MHC Inc$455.7M$406.3M$28.2M$497.0K0.22%3.56%12.9%35%8
45Alliance BankFrancesville, INAlliance Bcorp$454.8M$398.2M$47.8M$5.2M2.28%22.46%–24%7
46Home Bank SBMartinsville, IN–$433.1M$370.9M$40.2M$1.4M0.65%7.23%–24%6
47The First National Bank of MontereyMonterey, IN–$430.5M$379.8M$48.7M$2.3M1.10%9.73%–26%4
48Kentland BankKentland, INKenbancorp$419.4M$321.9M$47.0M$3.1M1.53%13.79%–27%5
49First National BankCloverdale, INFirst National Bank Corp$418.5M$383.1M$32.2M$894.0K0.42%5.58%16.7%34%7
50The Garrett State BankGarrett, ING S B Financial Corp$399.7M$339.4M$40.0M$3.8M1.93%19.22%17.9%44%4
51Grant County State BankSwayzee, INGrant Cnty ST Bancshares Emp STK Ownership Plan$395.7M$308.2M$46.3M$6.0M3.03%26.20%17.5%11%3
52Owen County State BankSpencer, INOwen Financial Corp$388.5M$323.8M$26.7M$1.6M0.81%11.87%12.5%29%7
53The Riddell National BankBrazil, INRNB Corp$384.3M$346.9M$29.1M$2.1M1.09%14.56%11.0%19%6
54American Community Bank of IndianaSaint John, INAmb Financial Corp$383.0M$344.8M$35.9M$2.0M1.08%11.72%11.0%48%5
55Hoosier Heartland State BankCrawfordsville, INHoosier Heartland ST Bcorp Employee STK Ownership&svg Plan TR$356.3M$327.3M$25.3M$2.2M1.27%18.05%10.3%34%7
56The Campbell & Fetter BankKendallville, INC&f Banc Shares Corp$355.0M$285.6M$35.9M$1.5M0.83%8.24%21.7%23%8
57Mutual Savings BankFranklin, INThird Century Bcorp$352.9M$284.3M$25.2M$1.5M0.88%12.98%13.1%33%4
58Bath State BankBath, INBath ST Bcorp Employee STK Ownership Plan With 401 K Provisions$337.6M$283.9M$20.2M$1.7M1.01%18.25%11.9%23%3
59The Peoples BankBrownstown, INTPB Bcorp$323.8M$298.6M$24.1M$2.1M1.32%18.20%–50%4
60Tri-County Bank & Trust CompanyRoachdale, INThe North Salem State Bcorp$313.9M$259.4M$23.6M$553.0K0.36%4.65%–37%5
61Farmers and Merchants BankLaotto, INFM Fincorp$306.1M$279.5M$24.6M$2.3M1.51%19.37%–47%4
62Bedford Federal Savings BankBedford, IN–$303.0M$261.7M$30.0M$2.3M1.60%16.23%–32%2
63Bank of WolcottWolcott, INWolcott Bcorp$280.3M$234.2M$29.5M$2.3M1.69%16.23%–39%3
64Logansport Savings BankLogansport, INLogansport Financial Corp$276.5M$239.3M$23.8M$1.1M0.79%9.46%–52%2
65Union Savings and Loan AssociationConnersville, IN–$261.8M$233.7M$26.8M$1.4M1.10%11.00%–11%4
66Wayne Bank and Trust Co.Richmond, INWaytru Bcorp$255.3M$224.6M$20.0M$1.4M1.09%14.03%–31%4
67Hendricks County Bank and Trust CompanyBrownsburg, INMidstate Financial Corp$247.4M$226.3M$20.7M$798.0K0.66%7.88%–28%5
68Peoples Trust and Savings BankBoonville, INPeoples Bancshares Corp$240.6M$192.4M$27.7M$139.0K0.11%1.00%–21%5
69The Farmers and Merchants BankBoswell, INThe Farmers&merchants Bcorp$213.4M$194.0M$18.0M$855.0K0.80%9.70%12.9%34%4
70Fowler State BankFowler, INBenton Financial Corp$190.3M$149.3M$28.7M$1.2M1.19%8.16%–40%3
71The Home National Bank of ThorntownThorntown, INHome National Corp$185.6M$167.0M$17.8M$875.0K0.96%10.12%–25%2
72LNB Community BankLynnville, INLNB Community Bcorp$181.0M$161.3M$17.1M$1.5M1.64%18.02%17.0%45%4
73Community State BankRoyal Center, INCommunity Bcorp$175.9M$160.6M$14.2M$538.0K0.62%7.55%16.8%25%4
74First State Bank of PorterPorter, IN–$162.3M$138.2M$23.2M$672.0K0.85%5.89%–19%3
75Community State BankBrook, IN–$161.2M$135.1M$13.9M$844.0K1.08%12.53%–43%2
76First Federal Savings and Loan Association of GreensburgGreensburg, IN–$159.5M$141.4M$17.9M$366.0K0.48%4.15%23.7%29%3
77First Federal Savings Bank of AngolaAngola, IN–$137.3M$103.5M$33.4M$711.0K1.03%4.31%–8%1
78Spencer County BankSanta Claus, IN–$131.2M$111.6M$18.7M$516.0K0.79%5.58%–25%5
79CentreBankVeedersburg, INLawrence L Osborn Scholarship TR$120.0M$99.1M$20.5M$1.1M1.86%10.89%–20%6
80Farmers and Mechanics Federal Savings BankBloomfield, IN–$113.6M$105.8M$5.4M−$145.0K−0.25%−5.38%11.8%12%4
81First Federal Savings Bank of WashingtonWashington, IN–$94.4M$73.6M$9.9M$236.0K0.50%4.82%–24%1
82Scottsburg Building and Loan AssociationScottsburg, INScottsburg B&l MHC$76.9M$61.1M$13.4M$117.0K0.30%1.75%40.3%15%1
83Boonville Federal Savings BankBoonville, IN–$71.5M$53.1M$6.3M$167.0K0.48%5.37%15.5%12%1
84The Fairmount State BankFairmount, INFairmount Banking Co$57.0M$49.0M$6.9M−$9.0K−0.03%−0.26%–15%1
85Peoples Community Bank SB of Monticello, IndianaMonticello, IN–$42.7M$19.5M$13.7M$166.0K0.77%2.44%–0%1
86Generations Community BankIndianapolis, IN–$30.9M$5.6M$25.1M−$3.2M−22.64%−25.33%–40%1
87Everence Trust CompanyGoshen, IN–$16.2M$500.0K$14.2M$1.6M19.63%23.41%175.6%50%1

Source: FDIC BankFind Suite. Assets, deposits and equity at the end of the latest quarter; net income is year to date. ROA and ROE are annualized returns on assets and equity. CET1 is common equity tier 1 capital as a share of risk-weighted assets. CET1 is blank for banks that do not report it (many small banks use the simpler community bank leverage ratio). Uninsured deposits is the bank's own estimate of the share of deposits above the insurance limit.

Bank failures in Indiana

52 since 1934; the latest 25.

All failures
DateBankStateAssetsDepositsCost to the fundAcquirerResolution
Jul 10, 2026Kentland FS&LAKentland, ININ$3.8M$3.7M$1.2MKentland BankPurchase and assumption
Feb 10, 2012SCB BankShelbyville, ININ$182.6M$171.4M$38.3MFirst Merchants Bank, National AssociationPurchase and assumption
Jul 29, 2011Integra Bank National AssociationEvansville, ININ$2.0B$1.7B$26.2MOld National BankPurchase and assumption
Sep 18, 2009Irwin Union Bank and Trust CompanyColumbus, ININ$2.8B$2.3B$756.0MFirst Financial Bank, N.A.Purchase and assumption
Dec 18, 1992The Rushville National BankRushville, ININ$41.6M$39.7M$6.0MPeoples Trust CoPurchase and assumption, insured deposits
Nov 14, 1991Worthington State BankWorthington, ININ$36.6M$34.2M$1.4MFirst Farmers State BankInsured deposit transfer
Jun 14, 1991First Commerce Sb, FSBLowell, ININ$10.9M$10.5M$1.4MCentier BankPurchase and assumption
Jun 8, 1990Hometown Savings Bank FSBDelphi, ININ$64.7M$58.7M$8.1MBranch SalePurchase and assumption
Nov 16, 1989First Federal S & L /central IndianaAnderson, ININ$192.4M$176.7M$15.1MShelby FSBPurchase and assumption
Jul 13, 1989Pioneer Savings FaPlymouth, ININ$81.0M$92.3M$1.2MAmeritrust NBPurchase and assumption
Oct 12, 1988Capital FS&LAGary, ININ$51.4M$55.7M$6.5MFirst FSB of IndianaOpen-bank assistanceAssistance
Oct 12, 1988First FSB of IndianaMerrillville, ININ$271.5M$287.0M$22.5MFirst FSB of IndianaOpen-bank assistanceAssistance
Oct 3, 1988Liberty Bank & Trust CompanyWarsaw, ININ$48.7M$45.8M$7.8MTrustcorp Bank GoshenPurchase and assumption
Sep 30, 1988Citizens FS&LA of New CastleNew Castle, ININ$51.9M$57.0M$5.3MAmeriana Savings Bank FSBOpen-bank assistanceAssistance
Sep 1, 1988United Sa of Central IndianaTipton, ININ$57.3M$65.1M$6.9MFirst Federal Bank A FSBOpen-bank assistanceAssistance
Sep 1, 1988Frankton FS&LAFrankton, ININ$30.6M$33.1M$3.0MUnion FSB of FranktonOpen-bank assistanceAssistance
Sep 1, 1988Arsenal SaIndianapolis, ININ$158.3M$178.7M$44.8MUnion FSB of IndianapolisOpen-bank assistanceAssistance
Apr 29, 1988American FS&LAAnderson, ININ$145.8M$194.5M$41.5M–Insured deposit transfer
Apr 10, 1987The Citizens State BankBrownstown, ININ$29.0M$27.7M$1.3MMonroe County BankInsured deposit transfer
Mar 20, 1987Morocco State BankMorocco, ININ$16.3M$15.8M$1.7MDe Motte State BankPurchase and assumption
Jan 29, 1987The Farmers National Bank of RemingtonRemington, ININ$34.7M$33.5M$7.8MLafayette National BankPurchase and assumption
Apr 3, 1986Industrial National Bank of East ChicagoEast Chicago, ININ$8.4M$8.1M$1.2MMercantile NB of IndianaPurchase and assumption
Nov 22, 1985Allen County Bank and Trust CompanyLeo, ININ$10.9M$10.5M$0Indiana National BankPurchase and assumption
Sep 7, 1984Union FS&LAIndianapolis, ININ$309.3M$285.9M$26.8MUnion FS&LAOpen-bank assistanceAssistance
Aug 10, 1984Peoples State Bank of Clay CountyPoland, ININ$17.7M$17.1M$5.1MFirst State BankPurchase and assumption

Source: FDIC BankFind Suite. Cost to the fund is the FDIC's estimated loss to the deposit insurance fund (earlier funds for older failures). Assets and deposits as of the last report before failure. Assistance transactions kept the bank open with FDIC help.

The largest credit unions in Indiana

121 credit unions; the largest 25 by assets.

#Credit unionCharterAssetsMembersLoansShares and depositsNet worth ratioNet income, year to date
1EverwiseSouth Bend, INState$5.8B300,386$4.6B$5.1B9.11%$21.4M
2LibertyEvansville, INFederal$4.8B264,855$3.6B$3.6B10.92%$35.2M
3Indiana MembersIndianapolis, INState$3.6B166,561$2.2B$3.1B10.56%$19.9M
4Three RiversFort Wayne, INFederal$2.9B139,191$1.8B$2.1B13.26%$28.1M
5Elements FinancialIndianapolis, INFederal$2.5B102,766$1.7B$2.0B11.92%$17.6M
6CentraColumbus, INState$2.4B138,394$1.7B$2.1B12.34%$14.4M
7ForumFishers, INState$2.3B166,087$1.9B$1.9B13.27%$14.0M
8PurdueWest Lafayette, INFederal$2.1B112,702$1.5B$1.8B11.06%$10.4M
9Indiana UniversityBloomington, INState$2.1B72,046$1.6B$1.8B11.80%$11.1M
10InterraGoshen, INState$2.1B90,096$1.8B$1.7B9.13%$8.3M
11BeaconWabash, INState$1.8B54,434$1.3B$1.4B13.52%$6.0M
12Notre DameNotre Dame, INFederal$1.4B70,705$1.2B$1.2B11.00%$5.3M
13CraneOdon, INState$1.2B68,095$837.1M$1.0B12.78%$8.7M
14HeritageNewburgh, INFederal$1.0B64,087$718.6M$855.9M12.35%$4.8M
15Midwest AmericaFort Wayne, INFederal$1.0B52,370$780.3M$846.4M14.44%$5.7M
16Financial Center FirstIndianapolis, INState$961.8M56,404$675.0M$817.0M11.13%$1.6M
17Hoosier HillsBedford, INState$937.6M39,794$750.5M$800.5M9.69%$4.3M
18CommunitywideSouth Bend, INFederal$873.9M68,779$617.1M$752.5M13.16%$2.8M
19ProfedFort Wayne, INFederal$763.5M65,160$534.5M$657.2M13.09%$5.0M
20InovaElkhart, INFederal$643.5M47,605$592.9M$516.0M8.36%$562.6K
21Via Credit UnionMarion, INState$604.4M37,548$452.4M$517.8M13.18%$2.6M
22TechCrown Point, INState$599.0M39,002$528.0M$542.1M9.10%$1.1M
23Partners 1stFort Wayne, INFederal$545.8M42,068$476.4M$482.9M9.81%$499.9K
24Fort FinancialFort Wayne, INFederal$397.3M23,200$287.0M$348.7M11.38%$2.4M
25IndustrialLafayette, INFederal$356.1M32,280$249.6M$320.0M9.22%$2.5M

Source: NCUA credit union call report data, quarter ending Jun 30, 2026. Names as filed (the NCUA abbreviates them, usually without "Federal Credit Union"). Net income is year to date. The net worth ratio is net worth as a share of assets; 7% or more is "well capitalized".