STAR Financial Bank
Fort Wayne, Indiana, Allen County
$3.2B in total assets, the 410th largest of 4,309 US banks and 13th of 89 headquartered in Indiana.
- FDIC certificate
- 27235
- Established
- 1988
- Owned by
- Star Financial Group Inc
- Primary regulator
- FDIC
- Website
- www.starfinancial.com
At a glance
Compared with 16 banks headquartered in Indiana with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $3.2B | 50% | $3.3B | |
| Loans | $1.8B | 44% | $2.4B | |
| Deposits | $2.8B | 50% | $2.9B | |
| Return on assets | 1.08% | 44% | 1.40% | |
| Net interest margin | 3.29% | 31% | 3.68% | |
| Efficiency ratio | 67.7% | 69% | 55.8% | |
| Equity to assets | 9.25% | 44% | 9.81% | |
| Loans to deposits | 65% | 12% | 86% |
Growth
Total assets grew 2.5% a year over the last 5 years and 5.8% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Nov 1997 | Star Financial Bank, Marion Marion, IN, an affiliate under the same holding company | $194M |
| Nov 1997 | Star Financial Bank, Columbia City, Indiana Columbia City, IN, an affiliate under the same holding company | $249M |
| Nov 1997 | Star Financial Bank, New Castle, Indiana New Castle, IN, an affiliate under the same holding company | $166M |
| Jan 1991 | STAR, Financial Bank, Elwood Elwood, IN, an affiliate under the same holding company | $60M |
| Jan 1991 | First National Bank of Madison County Anderson, IN, an affiliate under the same holding company | $153M |
Where they operate
37 branches in 13 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Allen County, IN | $724M | 7.4% | 6 of 24 |
| Madison County, IN | $406M | 21.8% | 3 of 9 |
| Marion County, IN | $385M | 0.9% | 13 of 26 |
| Grant County, IN | $295M | 27.2% | 2 of 7 |
| Whitley County, IN | $279M | 38.9% | 1 of 7 |
| Delaware County, IN | $244M | 6.8% | 4 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 5 branches since 2016 (42 to 37, −11.9%). 4 opened, 0 acquired, 9 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 42 | |||
| 2016 | Opened Fort WayneClosed Kokomo | 1 | 1 | 0 | 42 |
| 2017 | Closed 3 in Indiana | 0 | 3 | −3 | 39 |
| 2019 | Closed Fort Wayne and Kendallville | 0 | 2 | −2 | 37 |
| 2020 | Opened Indianapolis and ZionsvilleClosed 3 in Indiana | 2 | 3 | −1 | 36 |
| 2022 | Opened Westfield | 1 | 0 | +1 | 37 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 25% | 27% | |
| 1-4 family residential | 25% | 22% | |
| Business (C&I) | 22% | 17% | |
| Construction and land | 15% | 7% | |
| Multifamily | 4% | 12% | |
| Farmland | 2% | 6% | |
| Consumer | 2% | 3% | |
| Agricultural | 1% | 2% | |
| Other | 3% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 60% | 59% | |
| Noninterest-bearing | 28% | 17% | |
| Time deposits | 12% | 24% |
Brokered deposits are 0.0% of deposits (peers 5.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.45% | 0.59% |
| Net charge-offs, annualized | 0.02% | 0.05% |
| Reserves to loans | 1.13% | 1.34% |
| Leverage ratio | 10.33% | 10.26% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Indiana
Largest competitors in Allen County, IN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/star-financial-bank-fort-wayne-in