Company: FRME
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000712534-25-000197
Chunk: 187

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 187
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35 0.35 0.35 Common dividend payout ratio (1)36.90 %36.73 %37.23 %32.11 %41.67 %Book value per share$41.74 $40.56 $39.91 $39.33 $39.18 Tangible common book value per share (2)29.08 27.90 27.34 26.78 26.64 Performance Ratios:Return on average assets1.22 %1.23 %1.21 %1.39 %1.07 %Return on average stockholders' equity9.51 9.63 9.38 11.05 8.66 Return on tangible common stockholders' equity(2)14.21 14.49 14.12 16.75 13.39 Net interest margin (FTE)(3)3.24 3.25 3.22 3.28 3.23 Efficiency ratio(2)55.09 53.99 54.54 48.48 53.76 Net charge-offs as % of average loans (annualized)0.15 0.07 0.15 0.02 0.21 Allowance for credit losses - loans as % of total loans1.43 1.47 1.47 1.50 1.48 Nonperforming assets / total assets %0.36 0.36 0.47 0.43 0.35 Balance Sheet:Total securities$3,382,391 $3,380,956 $3,427,121 $3,460,695 $3,662,145 Total loans13,614,364 13,325,542 13,027,909 12,873,022 12,687,460 Total assets18,811,629 18,592,777 18,439,787 18,311,969 18,347,552 Total deposits14,869,979 14,797,578 14,461,978 14,521,626 14,365,100 Total borrowings1,177,854 1,161,077 1,343,044 1,158,185 1,081,085 Total stockholders'