First Bank of Berne is headquartered in BERNE and is the 20th largest bank in the state of Indiana. It is also the 955th largest bank in the nation. It was established in 1891 and as of December of 2023, it had grown to 108 employees at 7 locations. First Bank of Berne has a B health rating.
I have had the privilege of working with First Bank of Berne for several years. The Mortgage Department is second to none. Angela Paxson and Angie Bultemeier are simply the best. If you need a Mortgage for your Home, Farm or Business, you need to call them First.
I have always used national banks so when I switched to a local bank, I was very nervous. I didn't think their service would be as good as a major bank. What sold me on First Bank of Berne was there was no fee for having a checking account with them. This is what I was looking for so I made the switch that day that I found out. Their customer service is amazing. Whenever I needed help with anything, I could give them a call and they were there. When I was working on my mortgage, I needed them to find a check I deposited months previous to this. Within an hour I received a call back from them saying that they found it and made copies for me. I needed forms notarized and they did this for me free of charge!
The only thing that I dislike about this bank is their website. The online experience with them is not the best. Also, after a certain time, deposits do not show up on their online website. It is not like a major bank in that aspect at all. You have to wait until after 8-9 AM for things to start showing up on your online account. That is my only problem with this local bank. Other than that, they are perfect!
| Overall | |
|---|---|
| FDIC Certificate # | 9288 |
| Year Established | 1891 |
| Employees | 108 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.31% |
| Return on Equity - YTD | 31.07% |
| Annual Interest Income | $45.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2023vs Q4 2022 | $1.07B$1.05B |
| Loans | Q4 2023vs Q4 2022 | $735.7MM$700.9MM |
| Deposits | Q4 2023vs Q4 2022 | $920.6MM$963.8MM |
| Equity Capital | Q4 2023vs Q4 2022 | $48.8MM$42.5MM |
| Loan Loss Allowance | Q4 2023vs Q4 2022 | $10.5MM$8.7MM |
| Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $4.6MM$3.3MM |
| Real Estate Owned | Q4 2023vs Q4 2022 | $0$0 |
Sorry, we do not have rate data for First Bank of Berne.
| First Bank of Berne Locations | ||
|---|---|---|
| Van Wert, Oh Branch | 102 Christopher Crossing | Van Wert, OH 45891 |
| First Bank Of Berne | 222 Heritage Trl | Berne, IN 46711 |
| Berne Branch | 1105 US Highway 27 N | Berne, IN 46711 |
| Decatur Branch | 1111 South 13th Street | Decatur, IN 46733 |
| Portland Branch | 185 Industrial Drive | Portland, IN 47371 |
| Kokomo Branch | 1936 South Dixon Road | Kokomo, IN 46902 |
| Bluffton Branch | 404 North Main Street | Bluffton, IN 46714 |
| Peru Branch | 915 W Main St | Peru, IN 46970 |