Company: FRME
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000712534-25-000171
Chunk: 145

Company: FIRST MERCHANTS CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 145
---
 At June 30, 2025, 90 days or more past due increased $8.4 million from December 31, 2024 as construction and commercial real estate, owner occupied loan classes increased $10.5 million and $6.6 million, respectively, which was partially offset by a decrease in the commercial real estate, non-owner occupied loan class of $5.8 million.  The tables below show a past due aging of the Corporation’s loan portfolio, by loan class, as of the dates indicated.June 30, 2025Current30-59 DaysPast Due60-89 DaysPast Due90 Days or More Past DueTotalLoans > 90 Days or More Past DueAnd AccruingCommercial and industrial loans$4,426,862 $4,039 $1,216 $8,807 $4,440,924 $3,946 Agricultural land, production and other loans to farmers263,069 1,866 237 — 265,172 — Real estate loans:Construction814,300 7,227 — 14,506 836,033 — Commercial real estate, non-owner occupied2,165,891 203 451 4,547 2,171,092 — Commercial real estate, owner occupied1,216,378 558 2,981 6,880 1,226,797 183 Residential2,359,067 12,420 6,890 18,717 2,397,094 207 Home equity665,819 3,538 1,864 2,740 673,961 107 Individuals' loans for household and other personal expenditures139,354 1,499 179 13 141,045 — Public finance and other commercial loans1,144,641 — — — 1,144,641 — Loans$13,195,381 $31,350 $13,818 $56,210 $13,296,759 $4,443 December 31, 2024Current30-59 DaysPast Due60-89 DaysPast Due90 Days or More Past DueTotalLoans > 90 Days or More Past DueAnd AccruingCommercial and industrial loans$4,096,605 $7,428 $473 $9,786 $4