RANKING · Q2 2026

Largest net interest margin improvement 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 and a comparable quarter a year earlier. Institutions with equal values share a rank. Source: FDIC quarterly financial data.

Largest net interest margin improvement in Indiana, Q2 2026
Rank	Institution	Headquarters	Net interest margin, change over 12 months	Total assets
1	Horizon Bank	Michigan City, IN	+121 bps	$6.5 billion
2	American Community Bank of Indiana	Saint John, IN	+64 bps	$383 million
3	First Bank of Berne	Berne, IN	+61 bps	$1.1 billion
4	Freedom Bank	Huntingburg, IN	+56 bps	$586 million
5	The Fountain Trust Company	Covington, IN	+54 bps	$845 million
6	Logansport Savings Bank	Logansport, IN	+52 bps	$277 million
7	Farmers State Bank	Lagrange, IN	+51 bps	$1.3 billion
8	Farmers and Merchants Bank	Laotto, IN	+51 bps	$306 million
9	Lnb Community Bank	Lynnville, IN	+50 bps	$181 million
10	First Internet Bank of Indiana	Fishers, IN	+48 bps	$5.5 billion
11	First Federal Savings Bank	Evansville, IN	+47 bps	$576 million
12	Kentland Bank	Kentland, IN	+45 bps	$419 million
13	The Hometown Savings Bank	Terre Haute, IN	+45 bps	$456 million
14	The Friendship State Bank	Friendship, IN	+45 bps	$544 million
15	United Fidelity Bank FSB	Evansville, IN	+44 bps	$6.5 billion
16	Bedford Federal Savings Bank	Bedford, IN	+42 bps	$303 million
17	The Home National Bank of Thorntown	Thorntown, IN	+41 bps	$186 million
18	Home Bank SB	Martinsville, IN	+41 bps	$433 million
19	First Federal Savings Bank	Rochester, IN	+41 bps	$687 million
20	Wayne Bank and Trust Co.	Richmond, IN	+40 bps	$255 million
21	First Federal Savings Bank of Angola	Angola, IN	+40 bps	$137 million
22	State Bank	Brownsburg, IN	+39 bps	$916 million
23	Fcn Bank N.A.	Brookville, IN	+39 bps	$812 million
24	The Peoples Bank	Brownstown, IN	+39 bps	$324 million
25	Springs Valley Bank & Trust Company	French Lick, IN	+39 bps	$675 million
26	Campbell & Fetter Bank	Kendallville, IN	+38 bps	$355 million
27	Union Savings and Loan Association	Connersville, IN	+38 bps	$262 million
28	First Harrison Bank	Corydon, IN	+37 bps	$1.3 billion
29	The Peoples State Bank	Ellettsville, IN	+37 bps	$507 million
30	Community State Bank	Brook, IN	+36 bps	$161 million
31	The First National Bank of Monterey	Monterey, IN	+35 bps	$431 million
32	Citizens State Bank of New Castle	New Castle, IN	+35 bps	$909 million
33	First Federal Savings Bank	Huntington, IN	+34 bps	$554 million
34	The Riddell National Bank	Brazil, IN	+33 bps	$384 million
35	German American Bank	Jasper, IN	+32 bps	$8.4 billion
36	Hendricks County Bank and Trust Company	Brownsburg, IN	+32 bps	$247 million
37	First Bank Richmond	Richmond, IN	+32 bps	$1.5 billion
38	The Garrett State Bank	Garrett, IN	+30 bps	$400 million
39	1st Source Bank	South Bend, IN	+28 bps	$9.3 billion
40	Bath State Bank	Bath, IN	+28 bps	$338 million
41	Peoples Bank	Munster, IN	+28 bps	$2.0 billion
42	The Farmers and Merchants Bank	Boswell, IN	+27 bps	$213 million
43	Hoosier Heartland State Bank	Crawfordsville, IN	+25 bps	$356 million
44	First Farmers Bank & Trust Co.	Converse, IN	+24 bps	$3.5 billion
45	The New Washington State Bank	New Washington, IN	+23 bps	$798 million
46	Mutual Savings Bank	Franklin, IN	+22 bps	$353 million
47	Fowler State Bank	Fowler, IN	+22 bps	$190 million
48	First Federal Savings and Loan Association of Greensburg	Greensburg, IN	+20 bps	$159 million
49	First Financial Bank N.A.	Terre Haute, IN	+18 bps	$6.2 billion
50	Crossroads Bank	Wabash, IN	+18 bps	$616 million
51	Alliance Bank	Francesville, IN	+17 bps	$455 million
52	Community State Bank	Royal Center, IN	+17 bps	$176 million
53	First Merchants Bank	Muncie, IN	+15 bps	$21.3 billion
54	Citizens Bank	Mooresville, IN	+14 bps	$691 million
55	Tri-County Bank & Trust Company	Roachdale, IN	+14 bps	$314 million
56	Community State Bank	Avilla, IN	+13 bps	$554 million
57	Security Federal Savings Bank	Logansport, IN	+13 bps	$464 million
58	Farmers and Mechanics Federal Savings Bank	Bloomfield, IN	+11 bps	$114 million
59	Owen County State Bank	Spencer, IN	+9 bps	$389 million
60	Jackson County Bank	Seymour, IN	+8 bps	$1.1 billion
61	The National Bank of Indianapolis	Indianapolis, IN	+8 bps	$3.0 billion
62	The Farmers Bank, Frankfort, Indiana Inc.	Frankfort, IN	+8 bps	$1.1 billion
63	First National Bank	Cloverdale, IN	+6 bps	$419 million
64	Lake City Bank	Warsaw, IN	+6 bps	$7.2 billion
65	Peoples Trust and Savings Bank	Boonville, IN	+6 bps	$241 million
66	First State Bank of Porter	Porter, IN	+5 bps	$162 million
67	First State Bank of Middlebury	Middlebury, IN	+2 bps	$836 million
68	Star Financial Bank	Fort Wayne, IN	0 bps	$3.2 billion
69	Spencer County Bank	Santa Claus, IN	0 bps	$131 million
70	Bank of Wolcott	Wolcott, IN	0 bps	$280 million
71	Demotte State Bank	Demotte, IN	-1 bps	$622 million
72	The North Salem State Bank	North Salem, IN	-1 bps	$770 million
73	Merchants Bank of Indiana	Carmel, IN	-5 bps	$21.2 billion
74	The Napoleon State Bank	Napoleon, IN	-6 bps	$499 million
75	Centier Bank	Whiting, IN	-8 bps	$10.4 billion
76	The Bippus State Bank	Huntington, IN	-11 bps	$459 million
77	Greenfield Banking Company	Greenfield, IN	-12 bps	$930 million
78	Old National Bank	Evansville, IN	-14 bps	$73.9 billion
79	Community First Bank of Indiana	Kokomo, IN	-18 bps	$980 million
80	Grant County State Bank	Swayzee, IN	-18 bps	$396 million
81	Centrebank	Veedersburg, IN	-31 bps	$120 million

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