Company: FRME
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000712534-25-000058
Chunk: 139

Company: FIRST MERCHANTS CORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1
Chunk 139
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114,578 889,840 1,019,686 Home Equity13,367 7,567 11,195 32,129 Individuals' loans for household and other personal expenditures6,104 66,116 17,574 89,794 Public finance and other commercial loans2,950 62,784 943,091 1,008,825 Total$313,756 $1,465,588 $2,361,331 $4,140,675 

(Dollars in Thousands)MaturingWithin 1 YearMaturing1-5 YearsMaturing Over5 YearsTotalCommercial and industrial loans$778,214 $2,479,815 $223,078 $3,481,107 Agricultural land, production and other loans to farmers89,139 9,866 121,280 220,285 Real estate loans:Construction381,658 245,872 13,722 641,252 Commercial real estate, non-owner occupied251,260 752,964 623,457 1,627,681 Commercial real estate, owner occupied46,484 254,970 332,688 634,142 Residential10,194 50,826 1,294,023 1,355,043 Home Equity19,044 14,248 594,390 627,682 Individuals' loans for household and other personal expenditures12,474 36,174 27,586 76,234 Public finance and other commercial loans431 23,257 26,570 50,258 Total$1,588,898 $3,867,992 $3,256,794 $8,713,684 

NONPERFORMING ASSETS

The table below summarizes nonperforming assets for the years indicated: December 31,December 31,December 31,December 31,December 31,(Dollars in Thousands)20242023202220212020Nonperforming assets:     Nonaccrual loans$73,773 $53,580 $42,324 $43,062 $61,471 Renegotiated loans(1)— — 224 329 3,240 Nonperforming loans (NPL)73,773 53,580 42,548 43,391 64,711 OREO