Company: FRME
Filing Date: 2025-10-17
Form Type: S-4/A
Source: 0001193125-25-242318
Chunk: 33

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-17
Form: S-4/A
Chunk 33
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 Selected Ratios                                       |     |                    |           |   |     |      |           |   |     |                                   |           |   |     |      |           |   |     |      |           |   |     |      |           |   |     |      |           |   |
| Return on average assets                              |     |                    |      0.98 | % |     |      |      0.76 | % |     |                                   |      0.58 | % |     |      |      0.37 | % |     |      |      0.83 | % |     |      |      1.69 | % |     |      |      2.27 | % |
| Return on average equity                              |     |                    |     12.95 | % |     |      |     10.91 | % |     |                                   |      8.31 | % |     |      |      5.04 | % |     |      |      8.65 | % |     |      |     17.59 | % |     |      |     26.06 | % |

| (1) | Restated for all stock dividends and splits. |

| (2) | Dividends per share are for First Savings only. |

18

FIRST MERCHANTS UNAUDITED PRO FORMA SUMMARY OF SELECTED CONSOLIDATED FINANCIAL DATA (Dollars in Thousands, Except Per Share Amounts)

|                                             |     |   | For the Six Months Ended 
            June 30, 2025 |   |     |   | For the Year Ended 
  December 31, 2024 |   |
|:--------------------------------------------|:----|:--|-------------------------:|:--|:----|:--|-------------------:|:--|
| Summary of Operations                       |     |   |                          |   |     |   |                    |   |
| Interest income                             |     | $ |                  524,860 |   |     | $ |          1,089,631 |   |
| Interest expense                            |     |   |                  218,928 |   |     |   |            490,593 |   |
| Net interest income                         |     |   |                  305,932 |   |     |   |            599,038 |   |
| Provision for loan losses                   |     |   |                    9