Market Intelligence

First Merchants Bank

Headquartered in Muncie, IN
Institution deposit footprint ยท FDIC Summary of Deposits (SOD), June 30, 2026
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First Merchants Bank holds $21.3B in total assets and has $16.8B in deposits across 43 counties in 10 ranked markets and 3 states. Its deposit footprint is broadly distributed in Indiana: the top three counties (Delaware County, Hamilton County, and Lake County) hold 32% of its deposits. It is among the top three banks by deposits in 21 of the 43 counties where it operates. Figures are from the FDIC Summary of Deposits as of June 30, 2026, and are refreshed once a year after the next survey is released, not quarterly.

Deposit footprint
Deposits (SOD, 6/30/26)
$16.8B
nominal
Counties
43
where it holds deposits
Branches
129
reported offices, 6/30/26
Ranked Markets
10
CSAs / MSAs touched

Deposits by county

Data as of June 30, 2026 (FDIC Summary of Deposits)

CountyDepositsCounty’s
% of
Bank’s Deposits
Bank’s
% of
County Deposits
Branches
Delaware County, IN$2.3B13.5%63.6%7
Hamilton County, IN$2.0B11.8%6.5%6
Lake County, IN$1.1B6.3%6.6%8
Monroe County, MI$1.0B6.2%34.7%9
Tippecanoe County, IN$874M5.2%22.2%6
Allen County, IN$779M4.6%7.9%7
Marion County, IN$775M4.6%1.8%3
Oakland County, MI$658M3.9%0.9%9
Franklin County, OH$647M3.9%0.6%9
White County, IN$607M3.6%54.4%1
Clark County, IN$563M3.4%20.1%6
Madison County, IN$553M3.3%29.7%4
Hendricks County, IN$532M3.2%11.1%3
Wayne County, MI$430M2.6%0.6%7
Jasper County, IN$373M2.2%36.6%3
Johnson County, IN$301M1.8%7.4%3
Henry County, IN$286M1.7%34.0%2
Daviess County, IN$247M1.5%23.7%2
Hancock County, IN$246M1.5%14.6%2
Harrison County, IN$240M1.4%25.3%2
Washtenaw County, MI$228M1.4%1.9%4
Morgan County, IN$226M1.3%15.1%2
Porter County, IN$163M1.0%3.4%1
Washington County, IN$141M0.8%42.4%1
Jay County, IN$139M0.8%37.8%2
Crawford County, IN$135M0.8%100.0%1
Adams County, IN$133M0.8%13.5%1
Randolph County, IN$117M0.7%17.4%1
Floyd County, IN$115M0.7%2.0%3
Shelby County, IN$115M0.7%5.5%1
Wells County, IN$106M0.6%17.1%1
Clinton County, IN$90M0.5%12.6%1
Wabash County, IN$87M0.5%14.1%1
Macomb County, MI$81M0.5%0.4%1
Huntington County, IN$73M0.4%7.6%1
Marshall County, IN$70M0.4%6.5%1
Union County, IN$68M0.4%51.7%1
Kent County, MI$62M0.4%0.2%1
Montgomery County, IN$52M0.3%5.6%1
Carroll County, IN$51M0.3%14.1%1
Miami County, IN$43M0.3%5.4%1
Fayette County, IN$36M0.2%7.4%1
St. Joseph County, IN$0M0.0%0.0%1

“Deposits (SOD)” are deposits as reported to the FDIC at branch level in the Summary of Deposits (SOD), June 30, 2026, and are nominal. They reflect where deposits are booked and may differ from the institution’s balance-sheet total. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total SOD deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.

Browse all covered institutions in the bank directory or the banks headquartered in IN. All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.

First Merchants Bank is named on this page solely to describe publicly reported FDIC deposit data. Its appearance does not imply any affiliation between First Merchants Bank and The Executive Recruiter Group, or endorsement by either.