First Merchants Bank
Headquartered in Muncie, IN. Part of First Merchants Corporation. FDIC certificate #4365 · Federal Reserve RSSD 17147.
Total assets
$21.0B
Deposits
$16.5B
Q1 2026
Active branches
135
Closings since Jan 2020
43
13 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$33M
Return on assets
0.66%
Return on equity
5.14%
Noncurrent loan rate
0.60%
Deposits by year (Summary of Deposits)
82019
112020
122021
152022
152023
152024
152025
Values in $ billions, June 30 of each year.
Closings by year
82020
162021
62022
62023
32024
42026
Openings by year
22020
32022
12023
22024
22025
32026
Other network changes since 2020
- 8 branch relocations
- 33 branches acquired through purchases or mergers
Branches by state
Recent closings (30 of 43)
- First Merchants Bank — Bloomington, INbank exits city101 W KIRKWOOD AVE · closed June 10, 2026
- 8160 BEECH ST SE · closed May 13, 2026
- 200 S INDIANA AVE · closed May 13, 2026
- 32991 HAMILTON CT · closed April 3, 2026
- First Merchants Bank — Lapel, INbank exits city1011 N MAIN ST · closed July 23, 2024
- 10333 N MERIDIAN ST · closed June 14, 2024
- 3650 OLENTANGY RIVER RD · closed January 31, 2024
- 29 E WASHINGTON ST · closed November 7, 2023
- 2862 OLD US HIGHWAY 231 S · closed November 7, 2023
- First Merchants Bank — Trenton, MIbank exits city2410 WEST RD · closed September 12, 2023
- 201 E MAIN ST · closed May 9, 2023
- First Merchants Bank — Warren, INbank exits city450 BENNETT DR · closed May 9, 2023
- First Merchants Bank — Oxford, OHbank exits city335 S. COLLEGE AVE, SUITE 101 · closed March 7, 2023
- First Merchants Bank — Jackson, MIbank exits city611 N. WISNER STREET · closed August 26, 2022
- 146 WEST MARKET STREET · closed July 1, 2022
- First Merchants Bank — Trafalgar, INbank exits city110 NORTH STATE ROAD 135 · closed June 7, 2022
- First Merchants Bank — Knightstown, INbank exits city22 NORTH JEFFERSON STREET · closed April 26, 2022
- 3805 NORTH DIXIE HIGHWAY · closed April 26, 2022
- First Merchants Bank — Harvey, ILbank exits city135 E 154TH ST · closed April 13, 2022
- 13839 AMSTUTZ ROAD · closed April 27, 2021
- 3245 NORTH HIGH STREET · closed April 27, 2021
- First Merchants Bank — Brookston, INbank exits city103 N PRAIRIE ST. · closed April 27, 2021
- 180 EAST MORSE STREET · closed April 20, 2021
- 488 WEST MAIN STREET · closed April 20, 2021
- 1275 US HWY 31 · closed April 20, 2021
- First Merchants Bank — Tinley Park, ILbank exits city7231 171ST ST · closed April 20, 2021
- First Merchants Bank — Richmond, INbank exits city2206 CHESTER BLVD · closed April 13, 2021
- First Merchants Bank — Saint John, INbank exits city11100 W 109TH AVE · closed April 13, 2021
- First Merchants Bank — Alexandria, INbank exits city1202 NORTH PARK AVENUE · closed April 13, 2021
- 14500 WEST DAVIS DRIVE · closed April 13, 2021
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.firstmerchants.com.