Company: FRME
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001193125-25-268801
Chunk: 34

Company: FIRST MERCHANTS CORP
Filing Date: 2025-11-06
Form: 424B3
Chunk 34
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 |     |   |                    |   |
| Total assets                                |     | $ |               21,069,636 |   |     | $ |         20,822,521 |   |
| Earning assets                              |     | $ |               19,531,122 |   |     | $ |         19,182,745 |   |
| Loans                                       |     | $ |               15,222,245 |   |     | $ |         14,805,335 |   |
| Allowance for credit losses                 |     | $ |                  220,180 |   |     | $ |            217,818 |   |
| Total deposits                              |     | $ |               16,532,399 |   |     | $ |         16,401,134 |   |
| Stockholders’ equity                        |     | $ |                2,569,402 |   |     | $ |          2,526,433 |   |

| (1) | See note (1) in “Notes to Unaudited Pro forma Summary of Selected Consolidated Financial Data” 
 on page 20.                                                                                    |

19

NOTES TO UNAUDITED PRO FORMA SUMMARY OF SELECTED CONSOLIDATED FINANCIAL DATA (Dollars in Thousands, Except Per Share Amounts) Note 1 – Basis of Presentation First Merchants and First Savings Financial Group (“First Savings”) have agreed to merge. Each First Savings shareholder will be entitled to receive, for each outstanding share of First Savings common stock, (1) 0.8500 share of First Merchants common stock. The merger will be accounted for under the acquisition method of accounting and, accordingly, the assets and liabilities of First Savings have been marked to estimated fair value upon conditions as of June 30, 2025. Since these are pro forma statements we cannot assure that the amounts reflected in these financial statements, would have been representative of the actual amounts earned had the companies been combined at the time. Note 2 – Pro Forma Adjustments

| (A) | To record an accrual by First Savings for estimated transaction costs of $9,560,000 (net of tax), which                                                        
 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 merger related costs. |

| (B) | To record an accr