Company: FRME
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000712534-25-000171
Chunk: 58

Company: FIRST MERCHANTS CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 58
---
5 and 2024.Accumulated Other Comprehensive LossUnrealized Gains (Losses) on Securities Available for SaleUnrealized Gains (Losses) on Defined Benefit PlansTotalBalance at December 31, 2024$(188,412)$(273)$(188,685)Other comprehensive loss before reclassifications(1,296)— (1,296)Amounts reclassified from accumulated other comprehensive loss6 — 6 Period change(1,290)— (1,290)Balance at June 30, 2025$(189,702)$(273)$(189,975)Balance at December 31, 2023$(173,654)$(2,316)$(175,970)Other comprehensive loss before reclassifications(36,049)— (36,049)Amounts reclassified from accumulated other comprehensive loss40 — 40 Period change(36,009)— (36,009)Balance at June 30, 2024$(209,663)$(2,316)$(211,979)The following tables present the reclassification adjustments out of accumulated other comprehensive loss that were included in net income in the Consolidated Condensed Statements of Income for the three and six months ended June 30, 2025 and 2024. Amount Reclassified from Accumulated Other Comprehensive Loss For the Three Months Ended June 30,Details about Accumulated Other Comprehensive Loss Components20252024Affected Line Item in the Statements of IncomeUnrealized gains (losses) on available for sale securities (1)Realized securities losses reclassified into income$(1)$(49)Noninterest income - net realized losses on sales of available for sale securitiesRelated income tax benefit— 10 Income tax expenseTotal reclassifications for the period, net of tax$(1)$(39)Amount Reclassified from Accumulated Other Comprehensive Loss For the Six Months Ended June 30,Details about Accumulated Other Comprehensive Loss Components20252024Affected Line Item in the Statements of IncomeUnrealized gains (losses) on available for sale securities (1)Realized securities losses reclassified into income$(8)$(51)Noninterest income - net realized losses on sales of available for sale securitiesRelated income tax benefit2 11 Income tax expenseTotal reclassifications for the period, net of tax$(6)$(40)(1)  For additional detail related to unrealized gains (losses) on available for sale securities and