Company: FRME
Filing Date: 2025-10-17
Form Type: S-4/A
Source: 0001193125-25-242318
Chunk: 34

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-17
Form: S-4/A
Chunk 34
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 Loans                                       |     | $ |               15,222,245 |   |     | $ |         14,805,335 |   |
| Allowance for loan 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 has agreed to acquire First Savings Financial Group (“First Savings”). 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 acquisition 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 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