RANKING · Q2 2026

Highest return on assets 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 return on assets in Indiana, Q2 2026
Rank	Institution	Headquarters	Annualized return on assets for the quarter	Total assets
1	Grant County State Bank	Swayzee, IN	3.19%	$396 million
2	The Bippus State Bank	Huntington, IN	2.69%	$459 million
3	Centrebank	Veedersburg, IN	2.36%	$120 million
4	Freedom Bank	Huntingburg, IN	2.28%	$586 million
5	1st Source Bank	South Bend, IN	2.16%	$9.3 billion
6	Alliance Bank	Francesville, IN	2.10%	$455 million
7	First Bank of Berne	Berne, IN	2.03%	$1.1 billion
8	The Garrett State Bank	Garrett, IN	1.99%	$400 million
9	Farmers State Bank	Lagrange, IN	1.95%	$1.3 billion
10	German American Bank	Jasper, IN	1.88%	$8.4 billion
11	Lnb Community Bank	Lynnville, IN	1.88%	$181 million
12	Springs Valley Bank & Trust Company	French Lick, IN	1.85%	$675 million
13	Bank of Wolcott	Wolcott, IN	1.84%	$280 million
14	Greenfield Banking Company	Greenfield, IN	1.79%	$930 million
15	Kentland Bank	Kentland, IN	1.71%	$419 million
16	Horizon Bank	Michigan City, IN	1.71%	$6.5 billion
17	Bedford Federal Savings Bank	Bedford, IN	1.71%	$303 million
18	Lake City Bank	Warsaw, IN	1.69%	$7.2 billion
19	The North Salem State Bank	North Salem, IN	1.69%	$770 million
20	First Farmers Bank & Trust Co.	Converse, IN	1.69%	$3.5 billion
21	First State Bank of Middlebury	Middlebury, IN	1.63%	$836 million
22	Centier Bank	Whiting, IN	1.63%	$10.4 billion
23	Demotte State Bank	Demotte, IN	1.62%	$622 million
24	The Peoples State Bank	Ellettsville, IN	1.60%	$507 million
25	Merchants Bank of Indiana	Carmel, IN	1.57%	$21.2 billion
26	Farmers and Merchants Bank	Laotto, IN	1.56%	$306 million
27	First Financial Bank N.A.	Terre Haute, IN	1.52%	$6.2 billion
28	The National Bank of Indianapolis	Indianapolis, IN	1.51%	$3.0 billion
29	First Harrison Bank	Corydon, IN	1.50%	$1.3 billion
30	Old National Bank	Evansville, IN	1.47%	$73.9 billion
31	The Napoleon State Bank	Napoleon, IN	1.42%	$499 million
32	The Peoples Bank	Brownstown, IN	1.42%	$324 million
33	Hoosier Heartland State Bank	Crawfordsville, IN	1.42%	$356 million
34	First Federal Savings Bank	Huntington, IN	1.38%	$554 million
35	Union Savings and Loan Association	Connersville, IN	1.27%	$262 million
36	Community State Bank	Avilla, IN	1.27%	$554 million
37	The Riddell National Bank	Brazil, IN	1.25%	$384 million
38	Fowler State Bank	Fowler, IN	1.24%	$190 million
39	Community First Bank of Indiana	Kokomo, IN	1.22%	$980 million
40	Citizens State Bank of New Castle	New Castle, IN	1.16%	$909 million
41	Fcn Bank N.A.	Brookville, IN	1.16%	$812 million
42	First Federal Savings Bank of Angola	Angola, IN	1.15%	$137 million
43	Crossroads Bank	Wabash, IN	1.15%	$616 million
44	First Federal Savings Bank	Rochester, IN	1.12%	$687 million
45	Community State Bank	Brook, IN	1.11%	$161 million
46	The First National Bank of Monterey	Monterey, IN	1.10%	$431 million
47	State Bank	Brownsburg, IN	1.08%	$916 million
48	Bath State Bank	Bath, IN	1.05%	$338 million
49	Wayne Bank and Trust Co.	Richmond, IN	1.02%	$255 million
50	The Home National Bank of Thorntown	Thorntown, IN	1.01%	$186 million
51	Star Financial Bank	Fort Wayne, IN	1.00%	$3.2 billion
52	American Community Bank of Indiana	Saint John, IN	0.99%	$383 million
53	The New Washington State Bank	New Washington, IN	0.98%	$798 million
54	Citizens Bank	Mooresville, IN	0.97%	$691 million
55	The Fountain Trust Company	Covington, IN	0.97%	$845 million
56	Mutual Savings Bank	Franklin, IN	0.96%	$353 million
57	Owen County State Bank	Spencer, IN	0.90%	$389 million
58	First Merchants Bank	Muncie, IN	0.88%	$21.3 billion
59	The Farmers and Merchants Bank	Boswell, IN	0.85%	$213 million
60	First State Bank of Porter	Porter, IN	0.85%	$162 million
61	Campbell & Fetter Bank	Kendallville, IN	0.85%	$355 million
62	Jackson County Bank	Seymour, IN	0.83%	$1.1 billion
63	The Friendship State Bank	Friendship, IN	0.79%	$544 million
64	Logansport Savings Bank	Logansport, IN	0.76%	$277 million
65	Hendricks County Bank and Trust Company	Brownsburg, IN	0.76%	$247 million
66	Spencer County Bank	Santa Claus, IN	0.75%	$131 million
67	Home Bank SB	Martinsville, IN	0.69%	$433 million
68	First Bank Richmond	Richmond, IN	0.68%	$1.5 billion
69	Security Federal Savings Bank	Logansport, IN	0.66%	$464 million
70	Community State Bank	Royal Center, IN	0.54%	$176 million
71	First Federal Savings and Loan Association of Greensburg	Greensburg, IN	0.52%	$159 million
72	First National Bank	Cloverdale, IN	0.47%	$419 million
73	First Federal Savings Bank	Evansville, IN	0.45%	$576 million
74	Peoples Bank	Munster, IN	0.41%	$2.0 billion
75	Tri-County Bank & Trust Company	Roachdale, IN	0.38%	$314 million
76	Peoples Trust and Savings Bank	Boonville, IN	0.33%	$241 million
77	First Internet Bank of Indiana	Fishers, IN	0.31%	$5.5 billion
78	The Hometown Savings Bank	Terre Haute, IN	0.28%	$456 million
79	United Fidelity Bank FSB	Evansville, IN	0.07%	$6.5 billion
80	The Farmers Bank, Frankfort, Indiana Inc.	Frankfort, IN	0.06%	$1.1 billion
81	Farmers and Mechanics Federal Savings Bank	Bloomfield, IN	-0.31%	$114 million

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