Company: FRME
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000712534-25-000171
Chunk: 33

Company: FIRST MERCHANTS CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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— 1,286 0.07 %Total$459 $17,803 $38,244 $6,008 $1,286 

20

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

Three Months Ended June 30, 2024Loan Modifications Made to Borrowers Experiencing Financial DifficultyPayment DelayTerm ExtensionCombination Payment Delay & Term ExtensionCombination Interest Rate Reduction, Term Extension, & Payment Delay% of Total Class of Financing ReceivableCommercial and industrial loans$— $1,778 $13 $— 0.05 %Real estate loans:Commercial real estate, non-owner occupied— 19,488 — — 0.84 %Commercial real estate, owner occupied— 1,990 — — 0.17 %Residential250 — 392 227 0.04 %Home equity— — 162 — 0.03 %Total$250 $23,256 $567 $227 Six Months Ended June 30, 2025Loan Modifications Made to Borrowers Experiencing Financial DifficultyPayment DelayTerm ExtensionInterest Rate ReductionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension, & Payment Delay% of Total Class of Financing ReceivableCommercial and industrial loans$— $7,504 $— $— $— 0.17 %Real estate loans:Commercial real estate, non-owner occupied— 14,112 38,244 6,008 — 2.69 %Residential725 — — — 1,286 0.08 %Total$725 $21,616 $38,244 $6,008 $1,286 Six Months Ended June 30, 2024Loan Modifications Made to Borrowers Experiencing Financial DifficultyPayment DelayTerm ExtensionInterest Rate ReductionCombination Payment Delay & Term ExtensionCombination Interest Rate Reduction, Term Extension, & Payment Delay% of Total Class of Financing ReceivableCommercial and industrial loans$1,491 $4,383 $249 $27 $— 0.16 %Real estate loans:Commercial real estate, non-owner occupied— 19,488 — — — 0.84 %