Applications / Mortgage Analytics / Lenders / Indiana / Merchants Bank of Indiana / Competition
Merchants Bank of Indiana
Carmel, IN · State non-member bank · FDIC · $19.4 billion assets · 1,014 loans in 2025
Merchants Bank of Indiana's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
1,014
loans originated, 2025
1,383
applications, 2025
34
states and territories
0
gaps bigger than at similar lenders
Who Merchants Bank of Indiana competes with, by dollars lent in 2025, in its five largest markets and the three it entered most recently. A Pareto chart puts the lenders in order of size and draws their running share, so the reader sees how concentrated each market is: where the line climbs steeply, a few lenders hold most of it.
FIG. 1 — NEW YORK-NEWARK-JERSEY CITY, NY-NJ, 2025
Merchants Bank of Indiana ranks 69th of 802 lenders in New York-Newark-Jersey City, NY-NJ, with $439.1M lent: 0.3% of a $144.59B market.
New York-Newark-Jersey City, NY-NJ is one of its five largest markets. Bars: dollars lent by each of the ten largest lenders, and Merchants Bank of Indiana in amber (marked ▶, with its rank when below the ten). Line: the running total of the bars as a share of the whole market, ending at 39% of it.
SOURCE: FFIEC HMDA 2025, DOLLARS LENT ON LOANS ORIGINATED
FIG. 2 — INDIANAPOLIS-CARMEL-GREENWOOD, IN, 2025
Merchants Bank of Indiana ranks 19th of 634 lenders in Indianapolis-Carmel-Greenwood, IN, with $269.4M lent: 1.5% of a $17.86B market.
Indianapolis-Carmel-Greenwood, IN is one of its five largest markets. Bars: dollars lent by each of the ten largest lenders, and Merchants Bank of Indiana in amber (marked ▶, with its rank when below the ten). Line: the running total of the bars as a share of the whole market, ending at 34% of it.
SOURCE: FFIEC HMDA 2025, DOLLARS LENT ON LOANS ORIGINATED
FIG. 3 — BOSTON-CAMBRIDGE-NEWTON, MA-NH, 2025
Merchants Bank of Indiana ranks 108th of 664 lenders in Boston-Cambridge-Newton, MA-NH, with $87.3M lent: 0.2% of a $49.59B market.
Boston-Cambridge-Newton, MA-NH is one of its five largest markets. Bars: dollars lent by each of the ten largest lenders, and Merchants Bank of Indiana in amber (marked ▶, with its rank when below the ten). Line: the running total of the bars as a share of the whole market, ending at 35% of it.
SOURCE: FFIEC HMDA 2025, DOLLARS LENT ON LOANS ORIGINATED
FIG. 4 — SAN ANTONIO-NEW BRAUNFELS, TX, 2025
Merchants Bank of Indiana ranks 47th of 669 lenders in San Antonio-New Braunfels, TX, with $86.5M lent: 0.5% of a $16.26B market.
San Antonio-New Braunfels, TX is one of its five largest markets. Bars: dollars lent by each of the ten largest lenders, and Merchants Bank of Indiana in amber (marked ▶, with its rank when below the ten). Line: the running total of the bars as a share of the whole market, ending at 33% of it.
SOURCE: FFIEC HMDA 2025, DOLLARS LENT ON LOANS ORIGINATED
FIG. 5 — CHICAGO-NAPERVILLE-ELGIN, IL-IN, 2025
Merchants Bank of Indiana ranks 133rd of 902 lenders in Chicago-Naperville-Elgin, IL-IN, with $77.7M lent: 0.1% of a $59.66B market.
Chicago-Naperville-Elgin, IL-IN is one of its five largest markets. Bars: dollars lent by each of the ten largest lenders, and Merchants Bank of Indiana in amber (marked ▶, with its rank when below the ten). Line: the running total of the bars as a share of the whole market, ending at 34% of it.
SOURCE: FFIEC HMDA 2025, DOLLARS LENT ON LOANS ORIGINATED
FIG. 6 — ALBANY-SCHENECTADY-TROY, NY, 2025
Merchants Bank of Indiana ranks 23rd of 265 lenders in Albany-Schenectady-Troy, NY, with $49.5M lent: 1.1% of a $4.52B market.
Albany-Schenectady-Troy, NY is one of the three markets it entered most recently. Bars: dollars lent by each of the ten largest lenders, and Merchants Bank of Indiana in amber (marked ▶, with its rank when below the ten). Line: the running total of the bars as a share of the whole market, ending at 55% of it.
SOURCE: FFIEC HMDA 2025, DOLLARS LENT ON LOANS ORIGINATED
FIG. 7 — BUFFALO-CHEEKTOWAGA, NY, 2025
Merchants Bank of Indiana ranks 49th of 267 lenders in Buffalo-Cheektowaga, NY, with $13.7M lent: 0.3% of a $4.74B market.
Buffalo-Cheektowaga, NY is one of the three markets it entered most recently. Bars: dollars lent by each of the ten largest lenders, and Merchants Bank of Indiana in amber (marked ▶, with its rank when below the ten). Line: the running total of the bars as a share of the whole market, ending at 57% of it.
SOURCE: FFIEC HMDA 2025, DOLLARS LENT ON LOANS ORIGINATED
FIG. 8 — MACON-BIBB COUNTY, GA, 2025
Merchants Bank of Indiana ranks 42nd of 328 lenders in Macon-Bibb County, GA, with $4.8M lent: 0.5% of a $1.01B market.
Macon-Bibb County, GA is one of the three markets it entered most recently. Bars: dollars lent by each of the ten largest lenders, and Merchants Bank of Indiana in amber (marked ▶, with its rank when below the ten). Line: the running total of the bars as a share of the whole market, ending at 39% of it.
SOURCE: FFIEC HMDA 2025, DOLLARS LENT ON LOANS ORIGINATED
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