RANKING · Q2 2026

Highest net interest margin in Indiana

81 of 89 banks in Indiana that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets. Institutions with equal values share a rank. Source: FDIC quarterly financial data.

Highest net interest margin in Indiana, Q2 2026
Rank	Institution	Headquarters	Net interest margin	Total assets
1	Community First Bank of Indiana	Kokomo, IN	6.89%	$980 million
2	Centrebank	Veedersburg, IN	5.78%	$120 million
3	Kentland Bank	Kentland, IN	4.66%	$419 million
4	Fowler State Bank	Fowler, IN	4.64%	$190 million
5	The Bippus State Bank	Huntington, IN	4.59%	$459 million
6	The Fountain Trust Company	Covington, IN	4.49%	$845 million
7	Horizon Bank	Michigan City, IN	4.48%	$6.5 billion
8	1st Source Bank	South Bend, IN	4.45%	$9.3 billion
9	The North Salem State Bank	North Salem, IN	4.42%	$770 million
10	Alliance Bank	Francesville, IN	4.42%	$455 million
11	Union Savings and Loan Association	Connersville, IN	4.39%	$262 million
12	German American Bank	Jasper, IN	4.36%	$8.4 billion
13	Bedford Federal Savings Bank	Bedford, IN	4.35%	$303 million
14	First Financial Bank N.A.	Terre Haute, IN	4.35%	$6.2 billion
15	The Napoleon State Bank	Napoleon, IN	4.35%	$499 million
16	The Home National Bank of Thorntown	Thorntown, IN	4.33%	$186 million
17	First State Bank of Middlebury	Middlebury, IN	4.32%	$836 million
18	Hendricks County Bank and Trust Company	Brownsburg, IN	4.28%	$247 million
19	Lnb Community Bank	Lynnville, IN	4.27%	$181 million
20	Greenfield Banking Company	Greenfield, IN	4.21%	$930 million
21	Grant County State Bank	Swayzee, IN	4.20%	$396 million
22	Farmers State Bank	Lagrange, IN	4.19%	$1.3 billion
23	Hoosier Heartland State Bank	Crawfordsville, IN	4.17%	$356 million
24	American Community Bank of Indiana	Saint John, IN	4.13%	$383 million
25	Wayne Bank and Trust Co.	Richmond, IN	4.12%	$255 million
26	First Farmers Bank & Trust Co.	Converse, IN	4.11%	$3.5 billion
27	State Bank	Brownsburg, IN	4.01%	$916 million
28	First Harrison Bank	Corydon, IN	4.00%	$1.3 billion
29	Citizens State Bank of New Castle	New Castle, IN	3.96%	$909 million
30	The New Washington State Bank	New Washington, IN	3.96%	$798 million
31	Spencer County Bank	Santa Claus, IN	3.94%	$131 million
32	First Federal Savings Bank of Angola	Angola, IN	3.94%	$137 million
33	The Riddell National Bank	Brazil, IN	3.94%	$384 million
34	Community State Bank	Avilla, IN	3.91%	$554 million
35	First Bank of Berne	Berne, IN	3.89%	$1.1 billion
36	First Federal Savings Bank	Huntington, IN	3.87%	$554 million
37	The Peoples Bank	Brownstown, IN	3.84%	$324 million
38	Springs Valley Bank & Trust Company	French Lick, IN	3.84%	$675 million
39	Security Federal Savings Bank	Logansport, IN	3.82%	$464 million
40	The Peoples State Bank	Ellettsville, IN	3.76%	$507 million
41	Home Bank SB	Martinsville, IN	3.75%	$433 million
42	Freedom Bank	Huntingburg, IN	3.71%	$586 million
43	Logansport Savings Bank	Logansport, IN	3.69%	$277 million
44	The Farmers Bank, Frankfort, Indiana Inc.	Frankfort, IN	3.62%	$1.1 billion
45	Old National Bank	Evansville, IN	3.62%	$73.9 billion
46	Community State Bank	Brook, IN	3.61%	$161 million
47	Owen County State Bank	Spencer, IN	3.60%	$389 million
48	Citizens Bank	Mooresville, IN	3.59%	$691 million
49	First Federal Savings Bank	Rochester, IN	3.58%	$687 million
50	Jackson County Bank	Seymour, IN	3.55%	$1.1 billion
51	Centier Bank	Whiting, IN	3.55%	$10.4 billion
52	The Farmers and Merchants Bank	Boswell, IN	3.54%	$213 million
53	The Friendship State Bank	Friendship, IN	3.53%	$544 million
54	First State Bank of Porter	Porter, IN	3.51%	$162 million
55	Crossroads Bank	Wabash, IN	3.51%	$616 million
56	The Garrett State Bank	Garrett, IN	3.50%	$400 million
57	Lake City Bank	Warsaw, IN	3.50%	$7.2 billion
58	Bank of Wolcott	Wolcott, IN	3.44%	$280 million
59	Farmers and Merchants Bank	Laotto, IN	3.41%	$306 million
60	Campbell & Fetter Bank	Kendallville, IN	3.39%	$355 million
61	First Merchants Bank	Muncie, IN	3.38%	$21.3 billion
62	Demotte State Bank	Demotte, IN	3.31%	$622 million
63	Mutual Savings Bank	Franklin, IN	3.31%	$353 million
64	First Federal Savings Bank	Evansville, IN	3.31%	$576 million
65	First Bank Richmond	Richmond, IN	3.28%	$1.5 billion
66	Peoples Bank	Munster, IN	3.27%	$2.0 billion
67	Fcn Bank N.A.	Brookville, IN	3.27%	$812 million
68	The National Bank of Indianapolis	Indianapolis, IN	3.26%	$3.0 billion
69	Star Financial Bank	Fort Wayne, IN	3.26%	$3.2 billion
70	Bath State Bank	Bath, IN	3.19%	$338 million
71	First National Bank	Cloverdale, IN	3.15%	$419 million
72	The First National Bank of Monterey	Monterey, IN	3.12%	$431 million
73	Community State Bank	Royal Center, IN	3.11%	$176 million
74	The Hometown Savings Bank	Terre Haute, IN	3.02%	$456 million
75	First Federal Savings and Loan Association of Greensburg	Greensburg, IN	2.97%	$159 million
76	Farmers and Mechanics Federal Savings Bank	Bloomfield, IN	2.89%	$114 million
77	Merchants Bank of Indiana	Carmel, IN	2.88%	$21.2 billion
78	Peoples Trust and Savings Bank	Boonville, IN	2.80%	$241 million
79	Tri-County Bank & Trust Company	Roachdale, IN	2.80%	$314 million
80	First Internet Bank of Indiana	Fishers, IN	2.56%	$5.5 billion
81	United Fidelity Bank FSB	Evansville, IN	-0.43%	$6.5 billion

Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings