Company: FRME
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000712534-25-000058
Chunk: 207

Company: FIRST MERCHANTS CORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 207
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 Assets$18,400,495 $18,186,507 $17,220,002 Liabilities:Interest-bearing deposits:Interest-bearing deposits$5,506,492 $157,984 2.87 %$5,435,733 $138,012 2.54 %$5,206,131 $32,511 0.62 %Money market deposits3,061,461 106,026 3.46 2,884,271 83,777 2.90 2,915,397 19,170 0.66 Savings deposits1,463,707 14,587 1.00 1,694,230 14,606 0.86 1,927,122 5,019 0.26 Certificates and other time deposits2,413,900 107,530 4.45 1,923,268 69,697 3.62 881,176 6,239 0.71 Total Interest-bearing Deposits12,445,560 386,127 3.10 11,937,502 306,092 2.56 10,929,826 62,939 0.58 Borrowings1,005,017 40,765 4.06 1,111,472 42,394 3.81 888,392 21,864 2.46 Total Interest-bearing Liabilities13,450,577 426,892 3.17 13,048,974 348,486 2.67 11,818,218 84,803 0.72 Noninterest-bearing deposits2,371,004 2,783,996 3,268,417 Other liabilities326,423 226,275 160,922 Total Liabilities16,148,004 16,059,245 15,247,557 Stockholders' Equity2,252,491 2,127,262 1,972,445 Total Liabilities and Stockholders' Equity$18,400,495 426,892 $18,186,507 348,486 $17,220,002 84,803 Net Interest Income (FTE)$544,440 $569,343 $544,793 Net Interest Spread (FTE) (4)2.52