Company: FRME
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000712534-25-000171
Chunk: 229

Company: FIRST MERCHANTS CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 2
Chunk 229
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39 %1.07 %0.87 %Return on average stockholders' equity9.63 9.38 11.05 8.66 7.16 Return on tangible common stockholders' equity(2)14.49 14.12 16.75 13.39 11.29 Net interest margin (FTE)(3)3.25 3.22 3.28 3.23 3.16 Efficiency ratio(2)53.99 54.54 48.48 53.76 53.84 Net charge-offs as % of average loans (annualized)0.07 0.15 0.02 0.21 1.26 Allowance for credit losses - loans as % of total loans1.47 1.47 1.50 1.48 1.50 Nonperforming assets / total assets %0.36 0.47 0.43 0.35 0.36 Balance Sheet:Total securities$3,380,956 $3,427,121 $3,460,695 $3,662,145 $3,753,088 Total loans13,325,542 13,027,909 12,873,022 12,687,460 12,671,942 Total assets18,592,777 18,439,787 18,311,969 18,347,552 18,303,423 Total deposits14,797,578 14,461,978 14,521,626 14,365,100 14,569,070 Total borrowings1,161,077 1,343,044 1,158,185 1,081,085 1,173,972 Total stockholders' equity2,347,952 2,332,214 2,304,983 2,302,373 2,212,525 Capital Ratios:Total shareholders' equity to assets12.63 %12.65 %12.59 %12.55 %12.09 %Tangible common equity to tangible assets(2)8.92 8.90 8.81 8.76 8.27 Total risk-based capital to risk-weighted assets13.06 13.22 13.31 13.18