Company: FRME
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000712534-25-000171
Chunk: 199

Company: FIRST MERCHANTS CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 199
---
 7.94 Tax-Exempt (2)1,144,246 13,677 4.78 926,191 10,670 4.61 Total Loans13,211,729 208,850 6.32 12,620,530 212,083 6.72 Total Earning Assets17,158,984 235,934 5.50 %17,013,984 242,240 5.69 %Total Non-Earning Assets1,349,801 1,318,175 Total Assets$18,508,785 $18,332,159 Liabilities:Interest-Bearing Deposits:Interest-bearing deposits$5,545,158 $35,303 2.55 %$5,586,549 $40,994 2.94 %Money market deposits3,613,952 28,714 3.18 3,036,398 27,230 3.59 Savings deposits1,282,951 2,513 0.78 1,508,734 3,476 0.92 Certificates and other time deposits2,003,682 17,711 3.54 2,414,967 27,451 4.55 Total Interest-Bearing Deposits12,445,743 84,241 2.71 12,546,648 99,151 3.16 Borrowings1,250,519 12,480 3.99 885,919 8,659 3.91 Total Interest-Bearing Liabilities13,696,262 96,721 2.82 13,432,567 107,810 3.21 Noninterest-bearing deposits2,186,370 2,349,219 Other liabilities286,143 347,012 Total Liabilities16,168,775 16,128,798 Stockholders' Equity2,340,010 2,203,361 Total Liabilities and Stockholders' Equity$18,508,785 $18,332,159 Net Interest Income (FTE)$139,213 $134,430 Net Interest Spread (FTE) (4)2.68 %2.48 %Net Interest Margin (FTE):Interest Income (FTE) / Average Earning Assets5.50