Company: FRME
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000712534-25-000117
Chunk: 186

Company: FIRST MERCHANTS CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 186
---
623 $2,304,983 $2,315,701 Adjust for Accumulated Other Comprehensive Loss (1)190,311 188,434 188,685 186,808 Less:  Preferred Stock(25,125)(125)(25,125)(125)Add:  Qualifying Capital Securities25,000 — 25,000 — Less:  Disallowed Goodwill and Intangible Assets(724,275)(723,827)(725,504)(725,056)Less:  Disallowed Deferred Tax Assets(573)(551)(571)(590)Total Tier 1 Capital (Regulatory)1,797,552 1,796,554 1,767,468 1,776,738 Qualifying Subordinated Debentures47,380 — 72,040 — Allowance for Credit Losses Includible in Tier 2 Capital192,814 192,953 190,854 191,000 Total Risk-Based Capital (Regulatory)$2,037,746 $1,989,507 $2,030,362 $1,967,738 Net Risk-Weighted Assets (Regulatory)$15,408,760 $15,420,021 $15,249,287 $15,261,118 Average Assets (Regulatory)$17,616,890 $17,780,468 $17,752,227 $17,904,307 Total Risk-Based Capital Ratio (Regulatory)13.22 %12.90 %13.31 %12.89 %Tier 1 Capital to Risk-Weighted Assets11.67 %11.65 %11.59 %11.64 %Tier 1 Capital to Average Assets10.20 %10.10 %9.96 %9.92 %CET1 Capital RatioTotal Tier 1 Capital (Regulatory)$1,797,552 $1,796,554 $1,767,468 $1,776,738 Less:  Qualified Capital Securities(25,000)— (25,000)— CET1 Capital (Regulatory)$1,772,552 $1,796,554 $1,742,468 $1,776,738 Net Risk-Weighted Assets (Regulatory)$15,408,760 $15,420,021