Bank Branches › Banks › Merchants Bank of Indiana
Merchants Bank of Indiana
8 offices in 1 state as of June 30, 2026. $14.3 billion in deposits. Main office: 410 Monon Blvd, Carmel, IN. FDIC certificate 8056.
8
offices
1
states
−0
gone since 2025
+1
new since 2025
Where its offices are
Offices over time
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 1 | $6.2M | |
| Jun 30 1995 | 1 | · | $5.1M |
| Jun 30 2000 | 1 | · | $5.8M |
| Jun 30 2005 | 1 | · | $73.0M |
| Jun 30 2010 | 3 | · | $388M |
| Jun 30 2015 | 5 | +1 | $2.0B |
| Jun 30 2020 | 6 | +1 | $6.7B |
| Jun 30 2025 | 7 | +1 | $12.8B |
| Jun 30 2026PEAK | 8 | +1 | $14.3B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 1 | $6.2M | |
| Jun 30 1995 | 1 | · | $5.1M |
| Jun 30 1996 | 1 | · | $5.4M |
| Jun 30 1997 | 1 | · | $5.3M |
| Jun 30 1998 | 1 | · | $5.5M |
| Jun 30 1999 | 1 | · | $5.4M |
| Jun 30 2000 | 1 | · | $5.8M |
| Jun 30 2001 | 1 | · | $5.0M |
| Jun 30 2002 | 1 | · | $26.9M |
| Jun 30 2003 | 1 | · | $31.6M |
| Jun 30 2004 | 1 | · | $50.6M |
| Jun 30 2005 | 1 | · | $73.0M |
| Jun 30 2006 | 1 | · | $83.4M |
| Jun 30 2007 | 2 | +1 | $103M |
| Jun 30 2008 | 2 | · | $106M |
| Jun 30 2009 | 3 | +1 | $180M |
| Jun 30 2010 | 3 | · | $388M |
| Jun 30 2011 | 3 | · | $426M |
| Jun 30 2012 | 3 | · | $753M |
| Jun 30 2013 | 3 | · | $1.0B |
| Jun 30 2014 | 4 | +1 | $1.4B |
| Jun 30 2015 | 5 | +1 | $2.0B |
| Jun 30 2016 | 5 | · | $2.2B |
| Jun 30 2017 | 5 | · | $2.8B |
| Jun 30 2018 | 5 | · | $3.1B |
| Jun 30 2019 | 5 | · | $4.5B |
| Jun 30 2020 | 6 | +1 | $6.7B |
| Jun 30 2021 | 6 | · | $7.9B |
| Jun 30 2022 | 6 | · | $8.1B |
| Jun 30 2023 | 6 | · | $12.9B |
| Jun 30 2024 | 6 | · | $15.0B |
| Jun 30 2025 | 7 | +1 | $12.8B |
| Jun 30 2026PEAK | 8 | +1 | $14.3B |
Counted under FDIC certificate 8056. When one bank buys another, the bought bank's offices move onto the buyer's certificate, so a jump here is usually a merger, not a building spree. Its earlier names and the banks folded into it →
Offices with the most deposits booked
| Office | Deposits |
|---|---|
| Merchants Bank Of IndianaCarmel, IN | $12.6B |
| Merchants Bank Of Indiana - The Richmond BranchRichmond, IN | $492M |
| Merchants Bank Of Indiana Carmel Office BranchCarmel, IN | $490M |
| Indianapolis Bank BranchIndianapolis, IN | $453M |
| Lynn BranchLynn, IN | $143M |
| Spartanburg BranchLynn, IN | $67.6M |
| Bloomington BranchBloomington, IN | $45.1M |
| Richmond BranchRichmond, IN | $13.4M |
By state
| State | Offices |
|---|---|
| Indiana | 8 |