The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 56,765 | 112,171 |
| Provision for credit losses | 4,300 | 9,800 |
| Depreciation and amortization | 8,007 | 15,711 |
| Change in deferred taxes | 83 | -2,178 |
| Share-based compensation | 1,754 | 3,162 |
| Loans originated for sale | 121,648 | 237,250 |
| Proceeds from sales of loans held for sale | 130,907 | 235,456 |
| Gains on sales of loans held for sale | 3,666 | 8,326 |
| Net losses on sales and redemptions of securities available for sale | 0 | -8 |
| Increase in cash surrender value of life insurance | 1,517 | 3,150 |
| Gains on life insurance benefits | 150 | 942 |
| Change in interest receivable | -4,156 | 1,429 |
| Change in interest payable | 2,066 | 72 |
| Other adjustments | -6,502 | 7,730 |
| Net cash provided by operating activities | 87,559 | 115,375 |
| Net change in interest-bearing deposits | 54,637 | 75,548 |
| Purchase of securities available for sale | 4,703 | 5,906 |
| Proceeds from sales of securities available for sale | 0 | - |
| Securities available for sale | 17,907 | 30,084 |
| Securities held to maturity | 26,496 | 49,687 |
| Purchases of federal home loan bank stock | 1 | 5,643 |
| Redemptions of federal home loan bank stock | 27 | 43 |
| Payment of capital calls to qualified affordable housing investments | 11,373 | 23,596 |
| Net change in loans | 224,195 | 457,029 |
| Proceeds from the sale of other real estate owned | 348 | 5,724 |
| Proceeds from life insurance benefits | 779 | 3,303 |
| Proceeds from portfolio loan sale-Mortgage Loan | 0 | 0 |
| Proceeds from portfolio loan sale-Commercial Loan | 0 | 0 |
| Other adjustments | 3,252 | 1,951 |
| Net cash used by investing activities | -143,330 | -329,736 |
| Demand and savings deposits | 27,051 | 280,535 |
| Certificates of deposit and other time deposits | 45,350 | -4,583 |
| Proceeds from borrowings | 171,897 | 682,194 |
| Repayment of borrowings | 155,120 | 679,302 |
| Cash dividends on preferred stock | 468 | 938 |
| Cash dividends on common stock | 20,804 | 41,288 |
| Stock issued under employee benefit plans | 163 | 317 |
| Stock issued under dividend reinvestment and stock purchase plans | 597 | 1,140 |
| Stock options exercised | 93 | 237 |
| Repurchase of common stock | 6,476 | 30,000 |
| Net cash provided (used) by financing activities | 62,283 | 208,312 |
| Net change in cash and cash equivalents | 6,512 | -6,049 |
| Cash and cash equivalents at beginning of period | 87,616 | - |
| Cash and cash equivalents at end of period | 88,079 | - |
FIRST MERCHANTS CORP (FRME)
FIRST MERCHANTS CORP (FRME)