BlastPoint's Banking Scorecard
First Merchants Bank
Muncie, IN
135 branches across IN · MI · OH · IL
First Merchants Bank has 1 strength but faces 4 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Delinquency Rate 0.41% below tier average
Key Concerns
Areas that may need attention
- - Return on Assets 0.62% below tier average
- - Efficiency Ratio 19.67% above tier average
- - Non-Interest Income / Assets 0.21% below tier average
- - Net Interest Margin 0.40% below tier average
Core Metrics
As of 2026-Q1
| Metric | Current | vs Tier | Tier Avg | State Avg (IN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$21.0B
+14.2% YoY
+10.7% QoQ
|
-$25.9B |
$47.0B
-1.9% YoY
|
$2.5B
+12.1% YoY
|
$6.2B
+9.1% YoY
|
39% |
| Total Loans ? |
$15.5B
+20.4% YoY
+13.5% QoQ
|
-$13.9B |
$29.4B
-0.4% YoY
|
$1.7B
+14.1% YoY
|
$3.2B
+10.8% YoY
|
47% |
| Total Deposits ? |
$16.5B
+13.8% YoY
+7.7% QoQ
|
-$21.9B |
$38.4B
-1.6% YoY
|
$2.0B
+11.8% YoY
|
$4.8B
+8.2% YoY
|
38% |
| Return on Assets ? |
0.66%
-46.9% YoY
-47.5% QoQ
|
-0.62% |
1.28%
+18.7% YoY
|
0.81%
-6.6% YoY
|
1.23%
+13.4% YoY
|
Bottom 8.8% in tier |
| Net Interest Margin ? |
3.38%
+6.5% YoY
+5.1% QoQ
|
-0.40% |
3.77%
+5.8% YoY
|
3.60%
+8.5% YoY
|
3.89%
+5.7% YoY
|
42% |
| Efficiency Ratio ? |
73.68%
+33.3% YoY
+34.0% QoQ
|
+19.67% |
54.01%
-3.7% YoY
|
105.71%
+27.0% YoY
|
66.95%
-4.1% YoY
|
Bottom 6.6% in tier |
| Delinquency Rate ? |
0.61%
-9.7% YoY
+11.8% QoQ
|
-0.41% |
1.02%
-3.8% YoY
|
0.90%
+15.9% YoY
|
0.95%
+18.8% YoY
|
59% |
| Loan-to-Deposit Ratio ? |
93.56%
+5.7% YoY
+5.4% QoQ
|
+12.77% |
80.79%
+1.9% YoY
|
81.10%
+0.7% YoY
|
76.70%
+0.9% YoY
|
22% |
| Non-Interest-Bearing Deposit Share ? |
22.87%
+48.7% YoY
+61.0% QoQ
|
+2.83% |
20.04%
+0.2% YoY
|
17.15%
-0.9% YoY
|
22.01%
-1.2% YoY
|
52% |
| Nonperforming Asset Ratio ? |
0.45%
-8.8% YoY
+15.1% QoQ
|
-0.27% |
0.72%
+4.2% YoY
|
0.67%
+21.6% YoY
|
0.67%
+19.3% YoY
|
58% |
| Tier 1 Capital Ratio ? |
11.58%
-0.6% YoY
-2.4% QoQ
|
-3.94% |
15.51%
-0.4% YoY
|
16.04%
+1.8% YoY
|
17.06%
+0.8% YoY
|
Bottom 12.4% in tier |
| Non-Interest Income / Assets ? |
0.01%
-93.0% YoY
-98.3% QoQ
|
-0.21% |
0.22%
+0.3% YoY
|
0.79%
-14.5% YoY
|
0.32%
+4.1% YoY
|
Bottom 3.6% in tier |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.