BlastPoint's Banking Scorecard

First State Bank of Middlebury

$100M-$1B Specialty: Commercial IN FDIC cert 8745

Middlebury, IN

6 branches across IN

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 60 in IN.
Deposits -3.1% year over year ($651.3M on the books).
Delinquency rate 1.58%.
Return on assets 1.59%.
Efficiency ratio 57.32% vs a 64.48% peer average.
Loan-to-deposit ratio 99.49% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 60 in IN

View $100M-$1B leaderboard (IN) →

First State Bank of Middlebury has 3 strengths but faces 5 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ ROA 0.27% above tier average
+ Net Interest Margin 0.27% above tier average
+ Efficiency Ratio 7.16% below tier average

Key Concerns

Areas that may need attention

- Liquidity Overhang: Bottom 26.7% in tier
- Deposit Outflow: Bottom 35.3% in tier
- Liquidity Strain: Bottom 40.4% in tier
- Capital Constraint: Bottom 80.4% in tier
- Delinquency Rate 0.66% above tier average

Get updates when First State Bank of Middlebury releases new data →

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (IN)	National Avg	Tier Percentile
Total Assets ?	$836.2M +3.1% YoY +3.0% QoQ	+$449.7M	$386.6M +1.2% YoY	$2.5B +3.7% YoY	$6.3B +7.7% YoY	Top 6.3% in tier
Total Loans ?	$648.0M +3.2% YoY +2.7% QoQ	+$389.7M	$258.3M +1.7% YoY	$1.8B +5.7% YoY	$3.2B +9.4% YoY	Top 4.1% in tier
Total Deposits ?	$651.3M -3.1% YoY +0.1% QoQ	+$324.6M	$326.7M +0.7% YoY	$2.0B +3.4% YoY	$4.9B +7.3% YoY	Top 9.4% in tier
Return on Assets ?	1.59% +12.2% YoY +2.0% QoQ	+0.27%	1.32% +10.8% YoY	1.07% +3.3% YoY	1.30% +12.1% YoY	70%
Net Interest Margin ?	4.25% +3.2% YoY +0.8% QoQ	+0.27%	3.99% +5.0% YoY	3.70% +8.1% YoY	3.95% +4.9% YoY	68%
Efficiency Ratio ?	57.32% -0.7% YoY +0.3% QoQ	-7.16%	64.48% -3.2% YoY	77.20% +13.2% YoY	70.05% +2.5% YoY	66%
Delinquency Rate ?	1.58% +429.4% YoY -4.4% QoQ	+0.66%	0.92% +15.7% YoY	0.91% +27.8% YoY	0.98% +16.3% YoY	18%
Loan-to-Deposit Ratio ?	99.49% +6.4% YoY +2.6% QoQ	+21.54%	77.95% +1.0% YoY	81.91% +1.2% YoY	79.03% +2.3% YoY	Bottom 10.8% in tier
Non-Interest-Bearing Deposit Share ?	19.21% -1.6% YoY +1.3% QoQ	-2.83%	22.03% -0.6% YoY	16.57% -2.9% YoY	21.98% -0.6% YoY	42%
Nonperforming Asset Ratio ?	1.22% +429.8% YoY -4.7% QoQ	+0.55%	0.67% +16.4% YoY	0.69% +42.1% YoY	0.69% +15.8% YoY	16%
Tier 1 Capital Ratio ?	16.45% +2.5% YoY -0.5% QoQ	+0.54%	15.91% +1.4% YoY	16.20% +1.2% YoY	17.09% +0.8% YoY	74%
Non-Interest Income / Assets ?	0.32% +10.4% YoY +112.6% QoQ	-0.24%	0.57% +7.6% YoY	1.78% -1.3% YoY	0.66% +5.2% YoY	76%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric	Current	vs Tier	Tier Avg	State Avg (IN)	National Avg	Tier Percentile
Noninterest-Bearing	19.2% -0.3pp YoY +0.2pp QoQ	-2.9pp	22.1%	16.8%	22.2%	41%
Brokered Deposits	1.7% -0.6pp YoY -1.1pp QoQ	-6.2pp	7.9%	7.2%	8.5%	26%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (IN)	National Avg	Tier Percentile
C&I	15.4% +0.7pp YoY +0.8pp QoQ	+3.8pp	11.6%	11.1%	12.5%	77%
CRE	46.9% +0.2pp YoY -0.9pp QoQ	+7.4pp	39.5%	36.2%	41.4%	65%
1-4 Family	32.3% -0.1pp YoY -0.3pp QoQ	-0.3pp	32.6%	40.0%	31.3%	56%
Consumer	0.7% -0.4pp YoY 0.0pp QoQ	-3.4pp	4.1%	3.2%	5.0%	21%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (IN)	National Avg	Tier Percentile
CET1 Ratio	16.4% +0.4pp YoY -0.1pp QoQ	-2.4pp	18.8%	17.5%	19.7%	60%
Leverage Ratio	13.4% +0.6pp YoY +0.2pp QoQ	+1.2pp	12.2%	13.0%	12.6%	78%
Total Capital Ratio	17.7% +0.4pp YoY -0.1pp QoQ	-2.2pp	19.9%	18.7%	20.8%	61%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (IN)	National Avg	Tier Percentile
Full-Time Employees	110 -1 (-0.9%) YoY 0 QoQ	+51	58	237	482	90%
Assets per Employee ($)	$7.6M +4.0% YoY +3.0% QoQ	+$84K	$7.5M	$7.5M	$8.8M	62%
Branch Count	6 0 YoY 0 QoQ	+1	4	17	18	66%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (IN)	National Avg	Tier Percentile
Past Due 90+ Days	0.1% 0.0pp YoY -0.1pp QoQ	-0.3pp	0.3%	0.2%	0.4%	41%
Nonaccrual	1.5% +1.3pp YoY 0.0pp QoQ	+0.6pp	0.9%	0.8%	1.0%	82%
Allowance Coverage	1.06x -75.0% YoY +2.7% QoQ	-23.09x	24.15x	6.71x	20.23x	28%
Net Charge-off Rate (YTD)	-0.0% 0.0pp YoY 0.0pp QoQ	-0.2pp	0.1%	0.1%	0.2%	19%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (IN)	National Avg	Tier Percentile
ROE	13.8% +0.2pp YoY +0.2pp QoQ	+1.6pp	12.2%	11.2%	11.6%	60%
Cost of Funds (YTD)	1.7% -0.2pp YoY 0.0pp QoQ	0.0pp	1.7%	1.8%	1.7%	49%
Net Income ($, YTD)	$6.5M +15.0% YoY — QoQ	+$4.0M	$2.6M	$16.3M	$40.4M	94%

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$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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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 are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (4)

Liquidity Overhang

risk

#199 of 742 • Bottom 26.7% in tier

Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.

Why this signature

Tier 1 Capital Ratio: 16.45%

(Tier: 15.91%, National: 17.09%)

better than tier avg

Loan-to-Deposit Ratio: 99.49%

(Tier: 77.95%, National: 79.03%)

worse than tier avg

742 of 742 Community banks match · 940 nationally

→ Stable +7 banks QoQ | QoQ rank improving

Deposit Outflow

decline

#190 of 535 • Bottom 35.3% in tier

Deposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.

535 of 535 Community banks match · 686 nationally

→ Stable +31 banks QoQ | QoQ rank improving

Liquidity Strain

risk

#280 of 691 • Bottom 40.4% in tier

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature

Loan-to-Deposit Ratio: 99.49%

(Tier: 77.95%, National: 79.03%)

worse than tier avg

691 of 691 Community banks match · 1092 nationally

→ Stable +81 banks QoQ | QoQ rank declining

Capital Constraint

risk

#87 of 107 • Bottom 80.4% in tier

Strong balance sheet under pressure - deposits leaving while lending capacity maxed. Need funding solutions before hitting regulatory limits.

Why this signature

Loan-to-Deposit Ratio: 99.49%

(Tier: 77.95%, National: 79.03%)

worse than tier avg

Tier 1 Capital Ratio: 16.45%

(Tier: 15.91%, National: 17.09%)

better than tier avg

107 of 107 Community banks match · 143 nationally

→ Stable -5 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 2643 peers in $100M-$1B

Top Strengths (4 metrics)

109

Total Loans

size

Value: $648.00M

Peer Median: $258.35M

#109 of 2643 Top 4.1% in $100M-$1B

167

Total Assets

size

Value: $836.22M

Peer Median: $386.57M

#167 of 2643 Top 6.3% in $100M-$1B

250

Total Deposits

size

Value: $651.33M

Peer Median: $326.73M

#250 of 2643 Top 9.4% in $100M-$1B

637

Non-Interest Income / Assets

revenue_mix

Value: 0.32%

Peer Median: 0.57%

#637 of 2643 Top 24.1% in $100M-$1B

Top Weaknesses (3 metrics)

2359

Loan-to-Deposit Ratio

liquidity

Value: 99.49%

Peer Median: 77.95%

#2359 of 2643 Bottom 10.8% in $100M-$1B

2221

Nonperforming Asset Ratio

credit_quality

Value: 1.22%

Peer Median: 0.67%

#2221 of 2643 Bottom 16.0% in $100M-$1B

2169

Delinquency Rate

credit_quality

Value: 1.58%

Peer Median: 0.92%

#2169 of 2633 Bottom 17.7% in $100M-$1B