Company: FRME
Filing Date: 2025-10-10
Form Type: S-4
Source: 0001193125-25-237211
Chunk: 35

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-10
Form: S-4
Chunk 35
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 includes $5,549,000 in change of control agreements and $3,652,000 (net of tax) in professional fees, and $359,000 (net of tax) in other acquisition related costs. |

| (B) | To record an accrual by First Merchants for estimated transaction costs for the First Savings acquisition of                                                                                                                                              
 $13,772,000 (net of tax), which includes $2,903,000 (net of tax) in professional fees related to the acquisition, $5,973,000 (net of tax) in contract termination costs and data integration expenses, $2,790,000 (net of tax) in severance and retention 
 expenses, and $2,106,000 (net of tax) in other acquisition related costs.                                                                                                                                                                                 |

| (C) | To record a credit fair value mark on First Savings’ purchased credit deteriorated loans, through the 
 Allowance for Credit Losses of $9,815,000.                                                            |

| (D) | To record a credit fair value mark on First Savings’                                             
 non-purchased credit deteriorated loans, through the Allowance for Credit Losses of $15,246,000. |

| (E) | To record an interest rate fair value mark on First Savings’ loan portfolio, which is a discount of 
 $78,549,000.                                                                                        |

| (F) | To record a core deposit intangible for the First Savings acquisition of $30,208,000. |

| (G) | To record goodwill generated from the First Savings acquisition. |

| Purchase Price:                                       |     |   |                |   |
| First Savings common shares outstanding               |     |   |      7,000,558 |   |
| Conversion Ratio                                      |     |   |         0.8500 |   |
|                                                       |     |   |   5,950,474.30 |   |
| Less: Partial shares                                  |     |   |          (0.30 | ) |
| First Merchants common shares issued                  |     |   |      5,950,474 |   |
| First Merchants stock price                           |     | $ |          39.53 |   |
|                                                       |     | $ | 235,222,237.22 |   |
| Plus: Cash paid to settle First Savings stock options |     | $ |   6,087,908.60 |   |
| Plus: Cash paid for fractional