BlastPoint's Banking Scorecard
First State Bank of Middlebury
Community
Specialty: Commercial
IN
FDIC cert 8745
Middlebury, IN
1484
banks in Community tier nationally
29 in IN
View Community leaderboard (IN) →
First State Bank of Middlebury faces 3 concerns requiring attention
Key Strengths
Areas where this bank excels compared to peers
No key strengths identified
Key Concerns
Areas that may need attention
- - Liquidity Overhang: Bottom 28% in Community
- - Liquidity Strain: Bottom 32% in Community
- - Margin Compression: Bottom 38% in Community
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (IN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$813.1M
+3.2% YoY
-0.5% QoQ
|
-$578.4M |
$1.4B
+2.0% YoY
|
$2.4B
+12.3% YoY
|
$5.9B
+6.5% YoY
|
36% |
| Total Loans ? |
$632.3M
+4.5% YoY
+0.3% QoQ
|
-$343.2M |
$975.5M
+2.4% YoY
|
$1.7B
+13.4% YoY
|
$3.1B
+8.5% YoY
|
44% |
| Total Deposits ? |
$654.0M
+4.9% YoY
-0.9% QoQ
|
-$510.6M |
$1.2B
+1.7% YoY
|
$1.9B
+12.7% YoY
|
$4.7B
+6.3% YoY
|
33% |
| Return on Assets ? |
1.30%
-8.4% YoY
-13.0% QoQ
|
+0.13% |
1.16%
+17.2% YoY
|
1.01%
+19.7% YoY
|
1.12%
+15.6% YoY
|
63% |
| Net Interest Margin ? |
4.24%
+10.5% YoY
+1.7% QoQ
|
+0.58% |
3.66%
+9.1% YoY
|
3.50%
+10.2% YoY
|
3.75%
+7.1% YoY
|
79% |
| Efficiency Ratio ? |
57.01%
+2.1% YoY
-0.8% QoQ
|
-5.63% |
62.63%
-5.3% YoY
|
67.50%
-4.6% YoY
|
65.09%
-5.1% YoY
|
67% |
| Delinquency Rate ? |
1.73%
+346.6% QoQ
|
+1.10% |
0.63%
+18.3% YoY
|
0.77%
+9.8% YoY
|
0.66%
+20.3% YoY
|
Bottom 12% in tier |
| Loan-to-Deposit Ratio ? |
96.69%
-0.4% YoY
+1.2% QoQ
|
+13.63% |
83.06%
+0.3% YoY
|
82.11%
+1.7% YoY
|
78.04%
+0.7% YoY
|
81% |
| Non-Interest-Bearing Deposit Share ? |
20.12%
-5.5% YoY
+0.4% QoQ
|
-0.92% |
21.05%
-0.9% YoY
|
16.86%
-1.9% YoY
|
21.79%
-1.3% YoY
|
51% |
| Nonperforming Asset Ratio ? |
1.35%
+349.9% QoQ
|
+0.85% |
0.50%
+20.3% YoY
|
0.58%
+19.3% YoY
|
0.48%
+20.8% YoY
|
Bottom 12% in tier |
| Tier 1 Capital Ratio ? |
16.34%
+1.0% YoY
-0.4% QoQ
|
+6.09% |
10.24%
-0.6% YoY
|
9.17%
+0.4% YoY
|
9.75%
-1.9% YoY
|
84% |
| Non-Interest Income / Assets ? |
0.61%
-33.5% YoY
+33.0% QoQ
|
-0.13% |
0.74%
-1.3% YoY
|
0.62%
-11.1% YoY
|
0.65%
+0.6% YoY
|
62% |
Signature Analysis
Strengths (0)
No strengths identified
Concerns (3)
Liquidity Overhang
risk
#76 of 268 · Bottom 28% in Community
Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.
Why this signature
Tier 1 Risk-Based Capital Ratio:
16.34%
(Tier: 10.24%, National: 9.75%)
Loan-to-Deposit Ratio:
96.69%
(Tier: 83.06%, National: 78.04%)
268 of 268 Community banks match
·
314 nationally
→ Stable
+6 banks QoQ
|
QoQ rank declining
Liquidity Strain
risk
#165 of 513 · Bottom 32% in Community
Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.
Why this signature
Loan-to-Deposit Ratio:
96.69%
(Tier: 83.06%, National: 78.04%)
513 of 513 Community banks match
·
609 nationally
→ Stable
-4 banks QoQ
|
QoQ rank improving
Margin Compression
decline
#46 of 120 · Bottom 38% in Community
Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.
Why this signature
Return on Assets:
1.30%
(Tier: 1.16%, National: 1.12%)
120 of 120 Community banks match
·
147 nationally
→ Stable
-9 banks QoQ
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
84
84th pctile
Tier 1 Capital Ratio
Current: 16.34% · Tier avg: 10.24%
81
81th pctile
Loan-to-Deposit Ratio
Current: 96.69% · Tier avg: 83.06%
79
79th pctile
Net Interest Margin
Current: 4.24% · Tier avg: 3.66%
67
67th pctile
Efficiency Ratio
Current: 57.01% · Tier avg: 62.63%
63
63th pctile
Return on Assets
Current: 1.30% · Tier avg: 1.16%
62
62th pctile
Non-Interest Income / Assets
Current: 0.61% · Tier avg: 0.74%
51
51th pctile
Non-Interest-Bearing Deposit Share
Current: 20.12% · Tier avg: 21.05%
44
44th pctile
Total Loans
Current: $632.3M · Tier avg: $975.5M
36
36th pctile
Total Assets
Current: $813.1M · Tier avg: $1.4B
33
33th pctile
Total Deposits
Current: $654.0M · Tier avg: $1.2B
12
12th pctile
Delinquency Rate
Current: 1.73% · Tier avg: 0.63%
12
12th pctile
Nonperforming Asset Ratio
Current: 1.35% · Tier avg: 0.50%
Top Weaknesses
12
12th pctile
Nonperforming Asset Ratio
Current: 1.35% · Tier avg: 0.50%
12
12th pctile
Delinquency Rate
Current: 1.73% · Tier avg: 0.63%
33
33th pctile
Total Deposits
Current: $654.0M · Tier avg: $1.2B
36
36th pctile
Total Assets
Current: $813.1M · Tier avg: $1.4B
44
44th pctile
Total Loans
Current: $632.3M · Tier avg: $975.5M
51
51th pctile
Non-Interest-Bearing Deposit Share
Current: 20.12% · Tier avg: 21.05%
62
62th pctile
Non-Interest Income / Assets
Current: 0.61% · Tier avg: 0.74%
63
63th pctile
Return on Assets
Current: 1.30% · Tier avg: 1.16%
67
67th pctile
Efficiency Ratio
Current: 57.01% · Tier avg: 62.63%
79
79th pctile
Net Interest Margin
Current: 4.24% · Tier avg: 3.66%
81
81th pctile
Loan-to-Deposit Ratio
Current: 96.69% · Tier avg: 83.06%
84
84th pctile
Tier 1 Capital Ratio
Current: 16.34% · Tier avg: 10.24%