Company: FRME
Filing Date: 2025-10-17
Form Type: S-4/A
Source: 0001193125-25-242318
Chunk: 29

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-17
Form: S-4/A
Chunk 29
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 |     | $          | 26.35 |   |     | $                  | 40.24 |   |     | $             | 34.21 |   |
| At December 31, 2024 (First Merchants) and September 30, 2024 (First Savings) |     | $          | 39.33 |   |     | $          | 25.72 |   |     | $                  | 39.13 |   |     | $             | 33.26 |   |
| Tangible Capital Ratio                                                        |     |            |       |   |     |            |       |   |     |                    |       |   |     |               |       |   |
| At June 30, 2025                                                              |     |            |  8.92 | % |     |            |  7.22 | % |     |                    |  8.25 | % |     |               |  7.01 | % |
| At December 31, 2024 (First Merchants) and September 30, 2024 (First Savings) |     |            |  8.81 | % |     |            |  6.84 | % |     |                    |  8.17 | % |     |               |  6.94 | % |

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

| (2) | See note (2) in “Notes to Unaudited Pro forma Summary of Selected Consolidated Financial Data” on 
 page 20.                                                                                          |

15

SELECTED CONSOLIDATED FINANCIAL DATA

The following tables set forth certain summary historical consolidated financial data for each of our companies. First Merchants’
balance sheet and income statement data as of and for the five years in the period ended December 31, 2024 are taken from First Merchants’ audited financial statements (which data and financial statements are presented on a consolidated
basis). The financial data at and for the six months ended June 30, 2024 and June 30, 2025 is derived from the unaudited financial statements of First Merchants and, in the opinion of its management, its respective statements and data
reflect all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of such information