The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 28,156 | 57,065 | 56,765 | 112,171 |
| Provision for credit losses | 4,900 | 7,150 | 4,300 | 9,800 |
| Depreciation and amortization | 8,995 | 5,705 | 8,007 | 15,711 |
| Change in deferred taxes | 3,978 | 4,314 | 83 | -2,178 |
| Share-based compensation | 1,683 | 2,417 | 1,754 | 3,162 |
| Loans originated for sale | 153,477 | 142,305 | 121,648 | 237,250 |
| Proceeds from sales of loans held for sale | 163,381 | 149,507 | 130,907 | 235,456 |
| Gains on sales of loans held for sale | 4,768 | 4,091 | 3,666 | 8,326 |
| Net gain on divestiture | - | 0 | - | - |
| Loss on mortgage loans reclassified to held for sale | -29,755 | - | - | - |
| Net losses on sales of securities available for sale | 0 | 0 | 0 | -8 |
| Increase in cash surrender value of life insurance | 2,112 | 1,854 | 1,517 | 3,150 |
| Gains on life insurance benefits | 1,334 | 0 | 150 | 942 |
| Change in income tax receivable | -17,356 | - | - | - |
| Change in interest receivable | -7,350 | 4,272 | -4,156 | 1,429 |
| Change in interest payable | -5,275 | -5 | 2,066 | 72 |
| Operating lease right-of-use abandonment | - | 0 | - | - |
| Other adjustments | 5,285 | -7,081 | -6,502 | 7,730 |
| Net cash provided by operating activities | 58,591 | 80,712 | 87,559 | 115,375 |
| Net change in interest-bearing deposits | 75,019 | -27,594 | 54,637 | 75,548 |
| Purchase of securities available for sale | 1,070 | 9,125 | 4,703 | 5,906 |
| Securities held to maturity | - | 0 | - | - |
| Proceeds from sales of securities available for sale | 251,341 | 0 | 0 | - |
| Securities available for sale | 10,757 | 17,584 | 17,907 | 30,084 |
| Proceeds from portfolio loan sale-Commercial Loan | - | 0 | 0 | 0 |
| Securities held to maturity | 33,221 | 23,103 | 26,496 | 49,687 |
| Proceeds from portfolio loan sale-Mortgage Loan | - | 0 | 0 | 0 |
| Purchases of federal home loan bank stock | 0 | 0 | 1 | 5,643 |
| Redemptions of federal home loan bank stock | 40 | 19 | 27 | 43 |
| Redemptions of federal reserve bank stock | 1,862 | - | - | - |
| Payment of capital calls to qualified affordable housing investments | 13,135 | 13,043 | 11,373 | 23,596 |
| Net change in loans | -10,653 | 284,334 | 224,195 | 457,029 |
| Net cash and cash equivalents paid in divestiture of branches | - | 0 | - | - |
| Net cash and cash equivalents paid in acquisition | 7 | - | - | - |
| Proceeds from the sale of other real estate owned | 728 | 1,259 | 348 | 5,724 |
| Proceeds from life insurance benefits | 4,272 | -1 | 779 | 3,303 |
| Other adjustments | 5,608 | 8,625 | 3,252 | 1,951 |
| Net cash provided (used) by investing activities | 368,073 | -300,757 | -143,330 | -329,736 |
| Demand and savings deposits | -293,180 | 441,853 | 27,051 | 280,535 |
| Certificates of deposit and other time deposits | -206,188 | -16,977 | 45,350 | -4,583 |
| Proceeds from borrowings | 280,067 | 61 | 171,897 | 682,194 |
| Repayment of borrowings | 146,447 | 177,981 | 155,120 | 679,302 |
| Cash dividends on preferred stock | 469 | 469 | 468 | 938 |
| Cash dividends on common stock | 22,820 | 20,820 | 20,804 | 41,288 |
| Stock issued under employee benefit plans | 170 | 148 | 163 | 317 |
| Stock issued under dividend reinvestment and stock purchase plans | 578 | 599 | 597 | 1,140 |
| Stock options exercised | 465 | 124 | 93 | 237 |
| Repurchase of common stock | 24,915 | 10,414 | 6,476 | 30,000 |
| Net cash provided (used) by financing activities | -412,739 | 216,124 | 62,283 | 208,312 |
| Net change in cash and cash equivalents | 13,925 | -3,921 | 6,512 | -6,049 |
| Cash and cash equivalents, january 1 | 84,158 | -463 | 87,616 | - |
| Cash and cash equivalents, march 31 | 98,083 | -3,921 | 88,079 | - |
FIRST MERCHANTS CORP (FRME)
FIRST MERCHANTS CORP (FRME)