For the year ending 2025-12-31, FRMEP has $19,025,101K in assets. $16,558,434K in debts.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and due from banks | 84,158 | |||
| Interest-bearing deposits | 196,300 | |||
| Investment securities available for sale | 1,407,102 | |||
| Allowance for credit losses-Mortgage Backed Securities Issued By USGovernment Sponsored Enterprises | 0 | |||
| Amortized cost | 1,971,784 | |||
| Allowance for credit losses | 245 | |||
| Investment securities held to maturity, net of allowance for credit losses of 245 and 245 (fair value of 1,718,287 and 1,723,520) | 1,971,539 | |||
| Loans held for sale | 20,079 | |||
| Loans | 13,791,707 | |||
| Less allowance for credit losses - loans | 195,597 | |||
| Net loans | 13,596,110 | |||
| Premises and equipment | 121,058 | |||
| Federal home loan bank stock | 47,245 | |||
| Interest receivable | 93,374 | |||
| Goodwill | 712,002 | |||
| Other intangibles | 13,800 | |||
| Cash surrender value of life insurance | 308,438 | |||
| Other real estate owned | 658 | |||
| Tax asset, deferred and receivable | 78,664 | |||
| Other assets | 374,574 | |||
| Total assets | 19,025,101 | |||
| Noninterest-bearing | 2,137,262 | |||
| Interest-bearing | 13,157,593 | |||
| Total deposits | 15,294,855 | |||
| Federal funds purchased | 40,000 | |||
| Securities sold under repurchase agreements | 103,755 | |||
| Federal home loan bank advances | 798,549 | |||
| Subordinated debentures and other borrowings | 57,630 | |||
| Total borrowings | 999,934 | |||
| Interest payable | 18,235 | |||
| Other liabilities | 245,410 | |||
| Total liabilities | 16,558,434 | |||
| Preferred stock value-Cumulative Preferred Stock | 125 | |||
| Preferred stock value-Series APreferred Stock | 25,000 | |||
| Common stock, 0.125 stated value authorized - 100,000,000 shares issued and outstanding - 0 and 57,974,535 shares | 7,119 | |||
| Additional paid-in capital | 1,150,816 | |||
| Retained earnings | 1,413,742 | |||
| Accumulated other comprehensive loss | -130,135 | |||
| Total stockholders' equity | 2,466,667 | |||
| Total liabilities and stockholders' equity | 19,025,101 | |||
FIRST MERCHANTS CORP (FRMEP)
FIRST MERCHANTS CORP (FRMEP)