Company: FRME
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000712534-25-000117
Chunk: 81

Company: FIRST MERCHANTS CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 81
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723,827)(725,504)(725,056)Less:  Disallowed Deferred Tax Assets(573)(551)(571)(590)Total Tier 1 Capital (Regulatory)1,797,552 1,796,554 1,767,468 1,776,738 Qualifying Subordinated Debentures47,380 — 72,040 — Allowance for Credit Losses Includible in Tier 2 Capital192,814 192,953 190,854 191,000 Total Risk-Based Capital (Regulatory)$2,037,746 $1,989,507 $2,030,362 $1,967,738 Net Risk-Weighted Assets (Regulatory)$15,408,760 $15,420,021 $15,249,287 $15,261,118 Average Assets (Regulatory)$17,616,890 $17,780,468 $17,752,227 $17,904,307 Total Risk-Based Capital Ratio (Regulatory)13.22 %12.90 %13.31 %12.89 %Tier 1 Capital to Risk-Weighted Assets11.67 %11.65 %11.59 %11.64 %Tier 1 Capital to Average Assets10.20 %10.10 %9.96 %9.92 %CET1 Capital RatioTotal Tier 1 Capital (Regulatory)$1,797,552 $1,796,554 $1,767,468 $1,776,738 Less:  Qualified Capital Securities(25,000)— (25,000)— CET1 Capital (Regulatory)$1,772,552 $1,796,554 $1,742,468 $1,776,738 Net Risk-Weighted Assets (Regulatory)$15,408,760 $15,420,021 $15,249,287 $15,261,118 CET1 Capital Ratio (Regulatory)11.50 %11.65 %11.43 %11.64 %

(1) Includes net unrealized gains or losses on available for sale securities and amounts resulting from the application of the applicable accounting guidance for defined benefit and other postretirement plans. 

In management's view, certain non-GAAP financial measures, when taken