The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 226,001 |
| Provision for credit losses | 21,250 |
| Depreciation and amortization | 29,423 |
| Change in deferred taxes | 2,219 |
| Share-based compensation | 7,333 |
| Loans originated for sale | 501,203 |
| Proceeds from sales of loans held for sale | 515,870 |
| Gains on sales of loans held for sale | 16,083 |
| Net gain on divestiture | 0 |
| Net losses on sales of securities available for sale | -8 |
| Increase in cash surrender of life insurance | 6,521 |
| Gains on life insurance benefits | 1,092 |
| Change in interest receivable | 1,545 |
| Change in interest payable | 2,133 |
| Operating lease right-of-use abandonment | 0 |
| Other adjustments | -5,853 |
| Net cash provided by operating activities | 283,646 |
| Net change in interest-bearing deposits | 102,591 |
| Securities available for sale | 19,734 |
| Securities held to maturity | 0 |
| Proceeds from sales of securities available for sale | 0 |
| Securities available for sale | 65,575 |
| Securities held to maturity | 99,286 |
| Purchases of federal home loan bank stock | 5,644 |
| Redemptions of federal home loan bank stock | 89 |
| Payment of capital calls to qualified affordable housing investments | 48,012 |
| Net change in loans | 965,558 |
| Net cash and cash equivalents paid in divestiture of branches | 0 |
| Proceeds from the sale of other real estate owned | 7,331 |
| Proceeds from life insurance benefits | 4,081 |
| Proceeds from portfolio loan sale-Mortgage Loan | 0 |
| Proceeds from portfolio loan sale-Commercial Loan | 0 |
| Other adjustments | 13,828 |
| Net cash used by investing activities | -773,823 |
| Demand and savings deposits | 749,439 |
| Certificates of deposit and other time deposits | 23,790 |
| Borrowings | 854,152 |
| Repayment of borrowings | 1,012,403 |
| Cash dividends on preferred stock | 1,875 |
| Cash dividends on common stock | 82,912 |
| Stock issued under employee benefit plans | 628 |
| Stock issued under dividend reinvestment and stock purchase plans | 2,336 |
| Stock options exercised | 454 |
| Repurchase of common stock | 46,890 |
| Net cash provided (used) by financing activities | 486,719 |
| Net change in cash and cash equivalents | -3,458 |
| Cash and cash equivalents, beginning of the year | 87,616 |
| Cash and cash equivalents, end of year | 84,158 |
FIRST MERCHANTS CORP (FRME)
FIRST MERCHANTS CORP (FRME)