Company: FRME
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000712534-25-000197
Chunk: 258

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 258
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 OPERATIONS

The Corporation's and Bank's actual and required capital ratios as of September 30, 2025 and December 31, 2024 were as follows: 

Prompt Corrective Action ThresholdsActualBasel III Minimum Capital RequiredWell CapitalizedSeptember 30, 2025AmountRatioAmountRatioAmountRatioTotal risk-based capital to risk-weighted assetsFirst Merchants Corporation$2,094,242 13.04 %$1,686,289 10.50 %N/AN/AFirst Merchants Bank2,035,936 12.67 1,687,583 10.50 $1,607,222 10.00 %Tier 1 capital to risk-weighted assetsFirst Merchants Corporation$1,845,858 11.49 %$1,365,091 8.50 %N/AN/AFirst Merchants Bank1,834,899 11.42 1,366,138 8.50 $1,285,777 8.00 %Common equity tier 1 capital to risk-weighted assetsFirst Merchants Corporation$1,820,858 11.34 %$1,124,192 7.00 %N/AN/AFirst Merchants Bank1,834,899 11.42 1,125,055 7.00 $1,044,694 6.50 %Tier 1 capital to average assetsFirst Merchants Corporation$1,845,858 10.30 %$716,612 4.00 %N/AN/AFirst Merchants Bank1,834,899 10.14 723,685 4.00 $904,606 5.00 %

Prompt Corrective Action ThresholdsActualBasel III Minimum Capital RequiredWell CapitalizedDecember 31, 2024AmountRatioAmountRatioAmountRatioTotal risk-based capital to risk-weighted assetsFirst Merchants Corporation$2,030,362 13.31 %$1,601,175 10.50 %N/AN/AFirst Merchants Bank1,967,738 12.89 1,602,417 10.50 $1,526,112 10.00 %Tier 1 capital to risk-weighted assetsFirst Merchants Corporation$1,767,468 11.59 %$1,296,189 8.50 %N/