Updated April 2026 · FDIC Call Report Q2 2024

A-Rated Banks in Indiana

24 banks · Average score: 89/100 · Combined assets $33.8B

24 banks in this state currently hold A grades, averaging a composite score of 89/100. Within the tier, individual bank profiles still vary materially on which factor is driving the grade — review the table below for the per-bank breakdown. The tier averages a Tier 1 capital ratio of 21.54% and an NPL ratio of 0.39%, sourced from the most recent FDIC quarterly Call Report.

24 Indiana banks earn an A grade on the BankHealth composite, with an average score of 89/100. A-grade banks combine strong Tier 1 capital, clean loan books, comfortable liquidity, and solid ROA.

State-and-grade combinations help depositors and policy researchers identify clusters of banking health (or stress) within a specific geography. The list below ranks Indiana A-grade banks by health score with links to each bank's full profile.

A B C D F

What "A" Means in Practice

A-graded banks in Indiana are the strongest tier — institutions with composite Bank Health Scores of 80 or higher across capital, loan quality, liquidity, and profitability. Currently 24 banks chartered in Indiana qualify. A grades typically reflect well-above-regulatory capital cushions (often 12%+ Tier 1), sub-1% nonperforming loans, and ample liquidity buffers. Many A-graded banks are conservatively run community institutions or specialty banks with focused, lower-risk loan portfolios.

For depositors: A-graded institutions face less probability of regulatory action than peers, all else equal. That said, FDIC insurance — not the bank's grade — protects deposits up to $250,000 per depositor, per insured bank, per ownership category. The grade describes regulatory cushion; insurance describes guaranteed protection.

Tier-Wide Snapshot in Indiana

Banks in this grade tier	24
Combined assets	$33.8B
Average composite score	89/100
Average Tier 1 capital ratio	21.54%
Average NPL ratio	0.39%

All A-Graded Banks in Indiana

#	Bank	City	Score	Assets	Tier 1 Capital	NPL Ratio	Liquidity
1	Everence Trust Co	Goshen	100	$14M	138.45%	0.00%	60.30%
2	Citizens Stb New Castle	New Castle	96	$790M	16.50%	0.18%	38.52%
3	Friendship State Bank	Friendship	95	$537M	15.41%	0.00%	38.43%
4	Home Nb of Thorntown	Thorntown	95	$173M	15.58%	0.08%	32.39%
5	Campbell&Fetter Bank	Kendallville	93	$339M	23.43%	0.07%	36.08%
6	Fountain Trust Co	Covington	93	$646M	17.49%	0.75%	41.05%
7	German American Bank	Jasper	92	$6.2B	13.72%	0.18%	27.37%
8	Star Financial Bank	Fort Wayne	92	$3.0B	13.83%	0.27%	38.78%
9	Scottsburg Bldg&La	Scottsburg	92	$77M	40.28%	0.00%	33.55%
10	Lnb Community Bank	Lynnville	92	$173M	16.99%	0.13%	27.69%
11	National Bank of Inpolis	Indianapolis	91	$2.8B	12.94%	0.06%	32.75%
12	Fcn Bank National Assn	Brookville	90	$790M	13.51%	0.03%	32.53%
13	Garrett State Bank	Garrett	87	$355M	17.91%	0.34%	22.07%
14	First Stb of Middlebury	Middlebury	87	$783M	15.75%	0.11%	19.17%
15	Owen County State Bank	Spencer	86	$360M	13.41%	0.52%	29.62%
16	Mutual Savings Bank	Franklin	86	$316M	12.20%	0.00%	30.78%
17	Boonville FSB	Boonville	86	$72M	14.95%	1.13%	29.75%
18	First Financial Bank NA	Terre Haute	86	$4.9B	13.44%	0.50%	26.23%
19	Community State Bank	Avilla	85	$507M	12.24%	0.03%	24.09%
20	1st Source Bank	South Bend	84	$8.9B	13.31%	0.34%	20.23%
21	Hometown Savings Bank	Terre Haute	83	$472M	13.89%	0.93%	37.88%
22	Grant County State Bank	Swayzee	81	$333M	18.94%	1.14%	17.98%
23	First Fs&la of Greensburg	Greensburg	81	$169M	21.66%	1.71%	43.93%
24	First Bank of Berne	Berne	80	$1.1B	11.15%	0.74%	28.10%

For Depositors at A-Graded Banks

FDIC insurance — not the bank's grade — guarantees deposits up to $250,000 per depositor, per insured bank, per ownership category. Verify your bank's status and your specific coverage at FDIC.gov. The Bank Health Score and grade describe regulatory cushion in relative terms; insurance describes guaranteed protection.

For combined balances above $250,000 at a single bank, the FDIC's Electronic Deposit Insurance Estimator (EDIE) calculates exactly which dollars are insured. Account titling — joint, individual, retirement, payable-on-death — affects coverage. Federal regulators including the OCC publish the rules; FDIC.gov is the authoritative consumer source.

How These Grades Are Calculated

Every bank earns a Bank Health Score from four FDIC Call Report inputs: Tier 1 capital ratio (35%), NPL ratio inverted (30%), liquidity ratio (25%), and return on assets (10%). The 0–100 composite maps to A (80+), B (65–79), C (50–64), D (35–49), and F (under 35). Data flows from the FDIC BankFind API and the FFIEC Call Report archive. Read the full methodology.

Frequently Asked Questions

What does a A grade mean for a bank?

How many A-graded banks are in Indiana?

What does this tier look like financially?

Across 24 A-graded banks in Indiana, the average Tier 1 capital ratio is 21.54% and the average nonperforming-loan ratio is 0.39%. Combined assets in this cohort total $33.8B. These numbers come straight from the most recent quarterly FDIC Call Report.

Are deposits at A-graded banks still FDIC-insured?

Where does this data come from?

Bank financials are pulled from the FDIC BankFind API, which sources directly from quarterly Call Reports filed with the FFIEC. Health Scores are computed from a transparent four-factor formula using public Call Report fields. All FDIC and FFIEC data is U.S. government public domain.

All banks in Indiana →All grade A banks nationwide →Healthiest Banks →Methodology →

Sources: FDIC BankFind API ( banks.data.fdic.gov); FFIEC Call Reports ( cdr.ffiec.gov/public); OCC ( occ.gov). Public domain.

Last updated 2026-04-06 · 24 A-graded banks in Indiana. Informational only; not investment advice. Verify FDIC insurance directly at FDIC.gov.