RefiLoop Lender Data

IN lenders / Regional Bank

Merchants Bank of Indiana

Regional Bank · Carmel, IN · Merchants Bcorp

Total assets
$20.3B
CRE loan book
$6.3B
CRE concentration
307%
above the 300% supervisory guideline
QoQ CRE growth
-4.6%
Q1 2026

Recorded CRE activity — bexar County

1 commercial deed of trust recorded recently, verified from county records.

  • Jun 26, 2026 · unknownundisclosed

Observed rates

Real loans — SBA 7(a)

3 SBA 7(a) real-estate loans in Texas over the last 12 months · median rate 9.00% (3 variable / 0 fixed) · $4.3M total approved.

Source: SBA 7(a) FOIA dataset · most recent approval Feb 17, 2026. Loan-level government-guaranteed pricing; conventional CRE terms may differ.

Book yield — real-estate loans

Implied yield on the existing real-estate loan book: 6.64% as of Q1 2026 — TX bank median 4.87% (1.78pp above median).

QuarterRE loan yieldAll loans & leases
Q1 20266.64%5.84%
Q4 20257.29%6.91%
Q3 20257.47%6.88%
Q2 20257.70%7.00%
Q1 20257.30%6.60%
Q4 20247.94%7.43%
Q3 20248.51%8.05%
Q2 20249.38%7.95%

What their existing real-estate book earns — an anchor for where new money gets priced. Source: FFIEC Call Reports.

For a current market estimate for your property, use the terms estimator →

CRE book — quarterly trend (FFIEC Call Reports)

QuarterCRE loansConstructionMultifamilyConcentrationNonaccrual CRE
Q1 2026$6.3B$1.9B$3.0B307%$231.3M
Q4 2025$6.6B$1.8B$3.3B323%$189.8M
Q3 2025$6.6B$1.8B$3.2B327%$274.4M
Q2 2025$6.5B$1.8B$3.2B327%$240.2M
Q1 2025$7.2B$1.8B$3.8B350%$275.5M
Q4 2024$7.0B$1.8B$3.7B345%$271.8M
Q3 2024$7.1B$1.8B$3.4B382%$202.7M
Q2 2024$7.6B$1.6B$3.3B408%$135.4M

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Markets where Merchants Bank of Indiana lends

Merchants Bank of Indiana has commercial deeds of trust recorded in this metro. See who else is active there and current rate ranges by property type.

Last updated Jul 3, 2026 · Sources: FFIEC CDR, county records, first-party conversations.