Company: FRME
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000712534-25-000197
Chunk: 4

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
419)      Total other comprehensive income, net of tax34,111 60,154 32,821 24,145 Comprehensive income$90,876 $109,341 $201,757 $161,198 

See NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS.

6

 PART I. FINANCIAL INFORMATION ITEM 1. CONSOLIDATED CONDENSED FINANCIAL STATEMENTS(table dollar amounts in thousands, except share data)

CONSOLIDATED CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY  

(Unaudited)

Three Months Ended September 30, 2025Cumulative Preferred StockNon-Cumulative Preferred StockCommon StockAdditionalAccumulatedOtherSharesAmountSharesAmountSharesAmountPaid inCapitalRetainedEarningsComprehensiveLossTotalBalances, June 30, 2025125 $125 10,000 $25,000 57,272,433 $7,159 $1,163,170 $1,342,473 $(189,975)$2,347,952 Comprehensive income:Net income— — — — — — — 56,765 — 56,765 Other comprehensive income, net of tax — — — — — — — — 34,111 34,111 Cash dividends on preferred stock ($46.88 per share)— — — — — — — (468)— (468)Cash dividends on common stock ($0.36 per share)— — — — — — — (20,804)— (20,804)Repurchases of common stock— — — — (162,474)(20)(6,456)— — (6,476)Excise tax on stock repurchases— — — — — — (32)— —(32)Share-based compensation— — — — 91,857 10 1,744 — — 1,754 Stock issued under employee benefit plans— — — — 4,802 1 162 — — 163 Stock issued under dividend reinvestment and stock purchase plan— — — — 14,881 2 595 — — 597 Stock options exercised—