Company: FRME
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000712534-25-000117
Chunk: 204

Company: FIRST MERCHANTS CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 2
Chunk 204
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07 %0.87 %1.04 %Return on average stockholders' equity9.38 11.05 8.66 7.16 8.47 Return on tangible common stockholders' equity(2)14.12 16.75 13.39 11.29 13.21 Net interest margin (FTE) on average earning assets(3)3.22 3.28 3.23 3.16 3.10 Efficiency ratio(2)54.54 48.48 53.76 53.84 59.21 Net charge-offs as % of average loans (annualized)0.15 0.02 0.21 1.26 0.07 Allowance for credit losses - loans as % of total loans1.47 1.50 1.48 1.50 1.64 NPAs / actual assets %0.47 0.43 0.35 0.36 0.37 Balance Sheet:Total securities$3,427,121 $3,460,695 $3,662,145 $3,753,088 $3,783,574 Total loans13,027,909 12,873,022 12,687,460 12,671,942 12,480,700 Total assets18,439,787 18,311,969 18,347,552 18,303,423 18,317,803 Total deposits14,461,978 14,521,626 14,365,100 14,569,070 14,884,584 Total borrowings1,343,044 1,158,185 1,081,085 1,173,972 861,654 Total stockholders' equity2,332,214 2,304,983 2,302,373 2,212,525 2,224,803 Capital Ratios:Total shareholders' equity to assets12.65 %12.59 %12.55 %12.09 %12.15 %Tangible common equity to tangible assets(2)8.90 8.81 8.76 8.27 8.32 Total risk-based capital to risk-weighted assets13.22 13.31 13.18 12.95