First Merchants Bank holds $18.6B in total assets and has $14.9B in deposits across 37 counties in 9 ranked markets and 3 states. Its deposit footprint is broadly distributed in Indiana: the top three counties (Hamilton County, Delaware County, and Marion County) hold 33% of its deposits. It is among the top three banks by deposits in 16 of the 37 counties where it operates. Figures are from the FDIC Summary of Deposits as of June 30, 2025, and are refreshed once a year when the next survey is released, not quarterly.
Deposits by county
Data as of June 30, 2025 (FDIC Summary of Deposits)
| County | Deposits | County’s % of Bank’s Deposits | Bank’s % of County Deposits | Branches |
|---|---|---|---|---|
| Hamilton County, IN | $1.9B | 12.7% | 6.7% | 6 |
| Delaware County, IN | $1.8B | 12.1% | 59.0% | 7 |
| Marion County, IN | $1.2B | 8.3% | 2.9% | 3 |
| Monroe County, MI | $1.1B | 7.1% | 42.4% | 9 |
| Lake County, IN | $1.0B | 6.9% | 6.8% | 8 |
| Tippecanoe County, IN | $888M | 6.0% | 22.7% | 6 |
| Allen County, IN | $831M | 5.6% | 9.1% | 7 |
| Franklin County, OH | $660M | 4.4% | 0.7% | 9 |
| Oakland County, MI | $649M | 4.4% | 0.8% | 9 |
| Madison County, IN | $566M | 3.8% | 30.0% | 4 |
| Hendricks County, IN | $481M | 3.2% | 10.2% | 3 |
| Wayne County, MI | $415M | 2.8% | 0.5% | 7 |
| Jasper County, IN | $332M | 2.2% | 35.4% | 3 |
| Henry County, IN | $308M | 2.1% | 36.1% | 2 |
| Johnson County, IN | $267M | 1.8% | 6.9% | 3 |
| Washtenaw County, MI | $247M | 1.7% | 2.1% | 4 |
| White County, IN | $246M | 1.7% | 33.5% | 1 |
| Jay County, IN | $238M | 1.6% | 51.5% | 2 |
| Hancock County, IN | $229M | 1.5% | 14.4% | 2 |
| Morgan County, IN | $179M | 1.2% | 12.3% | 2 |
| Porter County, IN | $148M | 1.0% | 3.2% | 1 |
| Adams County, IN | $124M | 0.8% | 12.6% | 1 |
| Shelby County, IN | $121M | 0.8% | 5.0% | 1 |
| Randolph County, IN | $105M | 0.7% | 15.6% | 1 |
| Macomb County, MI | $98M | 0.7% | 0.5% | 1 |
| Clinton County, IN | $97M | 0.7% | 13.7% | 1 |
| Wells County, IN | $95M | 0.6% | 15.4% | 1 |
| Wabash County, IN | $82M | 0.5% | 13.6% | 1 |
| Huntington County, IN | $68M | 0.5% | 7.5% | 1 |
| Kent County, MI | $66M | 0.4% | 0.3% | 1 |
| Union County, IN | $64M | 0.4% | 50.6% | 1 |
| Marshall County, IN | $64M | 0.4% | 5.9% | 1 |
| Carroll County, IN | $51M | 0.3% | 12.7% | 1 |
| Montgomery County, IN | $50M | 0.3% | 5.6% | 1 |
| Miami County, IN | $41M | 0.3% | 4.4% | 1 |
| Fayette County, IN | $36M | 0.2% | 7.5% | 1 |
| St. Joseph County, IN | $0M | 0.0% | 0.0% | 1 |
“Deposits (SOD)” are deposits as reported to the FDIC at branch level in the Summary of Deposits (SOD), June 30, 2025, 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.