Safest Banks in Indiana 2026
Indiana has 73 FDIC-insured banks with an average Bank Health Score of 80/100 (A). The safest bank is New Covenant Trust Co NA with a score of 100/100.
Data from FDIC Q2 2024
73 Indiana banks are ranked below by the BankHealth composite score. The composite weights Tier 1 capital ratio (35%), inverted non-performing loan ratio (30%), liquidity ratio (25%), and return on assets (10%) into a 0-100 grade.
Top-of-list banks combine strong capital with clean loan books and reasonable profitability. Bottom-of-list banks face pressure on one or more scoring factors — most often elevated NPL ratios or thin profitability margins. Each bank links to its full profile with multi-quarter trend charts, the four composite factor breakdowns, and the underlying FDIC Call Report data.
Indiana's 73 FDIC-insured banks hold a combined $170.7B in assets. Their average Bank Health Score of 80/100 sits 0.0 points in line with the national average of 80/100. Across the state, 93% of banks earn an A or B grade for financial health, while 1% fall to a D or F.
The largest bank headquartered in Indiana is Old National Bank with $52.8B in assets and a Bank Health Score of 73/100. The strongest by score is New Covenant Trust Co NA in Jeffersonville (100/100, Tier 1 capital 87.02%). The weakest is Kentland Fs&La at 25/100, dragged down by an NPL ratio of 8.97%.
All scores below come from the latest FDIC BankFind Call Report (Q2 2024). The Bank Health Score weights Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%) — the four metrics regulators watch most closely when judging whether a bank is well-capitalized. Every bank with FDIC insurance covers up to $250,000 per depositor per ownership category, but the score helps you tell apart banks that are comfortably well-capitalized from those operating closer to the line.
Top 3 Safest Banks in Indiana
New Covenant Trust Co NA
Jeffersonville, IN
Indiana's top-rated bank, with a Tier 1 capital ratio of 87.02% — well above the federal "well-capitalized" threshold of 8%. Holds $8M in assets.
Clearpoint Federal B&T
Batesville, IN
Second-strongest in the state on capital and loan quality. NPL ratio sits at 0.00% with $121M in total assets.
Everence Trust Co
Goshen, IN
Third in the rankings on the Bank Health Score. Liquidity ratio of 60.30% and ROA of 14.15%.
Top 20 of 73 Banks in Indiana
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | New Covenant Trust Co NA | Jeffersonville | A | 100 | 87.02% | 0.00% |
| 2 | Clearpoint Federal B&T | Batesville | A | 100 | 18.11% | 0.00% |
| 3 | Everence Trust Co | Goshen | A | 100 | 138.45% | 0.00% |
| 4 | Centrebank | Veedersburg | A | 97 | 17.02% | 0.23% |
| 5 | Citizens Stb New Castle | New Castle | A | 96 | 16.50% | 0.18% |
| 6 | First FSB of Angola | Angola | A | 96 | 22.10% | 0.00% |
| 7 | Friendship State Bank | Friendship | A | 95 | 15.41% | 0.00% |
| 8 | Home Nb of Thorntown | Thorntown | A | 95 | 15.58% | 0.08% |
| 9 | First State Bank of Porter | Porter | A | 94 | 15.92% | 0.18% |
| 10 | Mid-Southern Sb FSB | Salem | A | 94 | 17.33% | 0.24% |
| 11 | Campbell&Fetter Bank | Kendallville | A | 93 | 23.43% | 0.07% |
| 12 | Fountain Trust Co | Covington | A | 93 | 17.49% | 0.75% |
| 13 | German American Bank | Jasper | A | 92 | 13.72% | 0.18% |
| 14 | Star Financial Bank | Fort Wayne | A | 92 | 13.83% | 0.27% |
| 15 | Scottsburg Bldg&La | Scottsburg | A | 92 | 40.28% | 0.00% |
| 16 | Lnb Community Bank | Lynnville | A | 92 | 16.99% | 0.13% |
| 17 | National Bank of Inpolis | Indianapolis | A | 91 | 12.94% | 0.06% |
| 18 | State Bank of Medora | Medora | A | 90 | 15.24% | 0.59% |
| 19 | Fcn Bank National Assn | Brookville | A | 90 | 13.51% | 0.03% |
| 20 | First Nb of Monterey | Monterey | A | 89 | 13.53% | 0.20% |
Bank Health Scores for Indiana are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, New Covenant Trust Co NA in Jeffersonville is currently the safest bank in Indiana with a score of 100/100 (Grade A). It posts a Tier 1 capital ratio of 87.02% and a nonperforming loan ratio of 0.00%.
Indiana has 73 FDIC-insured banks with a combined $170.7B in total assets. The average Bank Health Score across the state is 80/100 (Grade A).
Indiana's average Bank Health Score of 80/100 is 0.0 points in line with the national average of 80/100. 93% of banks in Indiana earn an A or B grade, compared with the national average grade of A.
Of 73 FDIC-insured banks headquartered in Indiana, 38 earn an A, 30 a B, 4 a C, 0 a D, and 1 an F. The most common grade is A.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health. Every score uses the latest FDIC Call Report data.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).