Advertisement
First State Bank Of Middlebury
Middlebury, IN · FDIC Certificate #8745 · Chartered 01/0
Total assets
$836.22M
Total deposits
$651.33M
Total equity
$97.15M
Net loans
$648.00M
Branches (offices)
6
Net income (YTD)
$6.52M
Rank: #1,209 of 4,213 U.S. banks by assets · #26 of 87 in Indiana. Assets changed 3.1% and deposits -3.1% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.59% |
| Return on equity | 13.78% |
| Net interest margin (YTD) | 4.25% |
| Equity to assets | 11.62% |
| Tier 1 leverage ratio | 13.37% |
| Uninsured deposits (share of deposits) | 37.8% |
| Noncurrent loans (share of loans) | 1.55% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 99.5% |
| Real estate loans (share of loans) | 83.7% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $542.49M | 83.7% | |
| Commercial & industrial | $99.65M | 15.4% | |
| Consumer / individual | $4.67M | 0.7% | |
| Construction & development | $34.53M | 5.3% | |
| Agricultural | $9.85M | 1.5% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $734.13M | $639.44M | $5.00M | $62.87M |
| Jun 2023 | $756.38M | $613.25M | $4.84M | $68.45M |
| Jun 2024 | $782.57M | $612.88M | $5.40M | $77.01M |
| Jun 2025 | $811.25M | $671.99M | $5.67M | $85.68M |
| Jun 2026 | $836.22M | $651.33M | $6.52M | $97.15M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Indiana | $651.33M | 6 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $651.33M.
Similar-sized banks
Northeast Bank ($837.32M) · Hana Bank Usa, National Association ($835.24M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
Advertisement