Company: FRME
Filing Date: 2025-09-25
Form Type: 425
Source: 0001193125-25-216443
Chunk: 120

Company: FIRST MERCHANTS CORP
Filing Date: 2025-09-25
Form: 425
Chunk 120
---
 ~$150 million in sold; represents Y/Y growth rate of ~140% volume in 2026 at ~3% gain on sale No net charge-offs recorded between MRQ Net Gain on Sale of Loans of 5.17% December 30, 2019 to June 30, 2025 YTD originations for sale of $27.6 million Note: HELOC = Home Equity Line of Credit. Source: S&P Global Market Intelligence; Company Filings. 10

Pro Forma Loans and Deposits FRME FSFG Pro Forma C&D 3.6% C&D C&D Consumer 6.3% 5.9% 1-4Family1 Consumer & Other 1-4Family1 13.4% & Other 1-4Family1 11.6% Consumer 13.2% Strong and 18.3% 17.7% & Other HELOC 23.8% HELOC Diversified HELOC 4.9% 7.1% 21.9% C&I OOCRE C&I Loan 5.5% C&I OOCRE 33.3% 9.2% 29.7% 9.9% Non- Non-Portfolio OOCRE Non-OOCRE Multifamily OOCRE OOCRE 1.7% 14.4% 11.4% 15.6% 11.9% Multifamily Multifamily 4.9% 4.5% Total: $13.3B Total: $2.0B Total: $15.3B MRQ Yield: 6.32% MRQ Yield: 5.86% Noninterest- Noninterest- Noninterest-bearing bearing bearing 15.2% 11.9% Time Other 14.9% Time 13.6% Transaction Accounts 15.4% Attractive Other Time 31.5% 20.6% Other Transaction Transaction Core Deposit Accounts Accounts 35.9% 37.7% MMDA and Base MMDA and Savings Savings 33.5% MMDA and Savings 36.1% 33.8% Total: $14.9B Total: $1.7B Total: $16.6B MRQ Cost: 2.30% MRQ Cost: 2.41% 1Includes Closed-End 1-