For the quarter ending 2026-03-31, FRMEP has $21,072,521K in assets. $18,399,956K in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash and due from banks | 98,083 | 84,158 | 88,079 | |
| Interest-bearing deposits | 175,354 | 196,300 | 168,706 | |
| Investment securities available for sale | 1,372,417 | 1,407,102 | 1,386,903 | |
| Allowance for credit losses | 0 | 0 | 0 | |
| Amortized cost | 1,937,730 | 1,971,784 | 1,995,733 | |
| Allowance for credit losses | 245 | 245 | 245 | |
| Investment securities held to maturity, net of allowance for credit losses of 245 and 245 (fair value of 1,660,935 and 1,718,287) | 1,937,485 | 1,971,539 | 1,995,488 | |
| Loans held for sale | 401,839 | 20,079 | 23,190 | |
| Loans | 15,261,889 | 13,791,707 | 13,591,174 | |
| Less allowance for credit losses - loans | 212,520 | 195,597 | 194,468 | |
| Net loans | 15,049,369 | 13,596,110 | 13,396,706 | |
| Premises and equipment | 146,013 | 121,058 | 121,771 | |
| Federal home loan bank stock | 70,835 | 47,245 | 47,264 | |
| Interest receivable | 97,026 | 93,374 | 89,102 | |
| Goodwill | 782,789 | 712,002 | 712,002 | |
| Other intangibles | 41,678 | 13,800 | 15,298 | |
| Cash surrender value of life insurance | 371,238 | 308,438 | 306,583 | |
| Other real estate owned | 1,264 | 658 | 1,270 | |
| Tax asset, deferred and receivable | 116,814 | 78,664 | 89,758 | |
| Other assets | 410,317 | 374,574 | 369,509 | |
| Total assets | 21,072,521 | 19,025,101 | 18,811,629 | |
| Noninterest-bearing | 3,748,279 | 2,137,262 | 2,100,570 | |
| Interest-bearing | 12,737,338 | 13,157,593 | 12,769,409 | |
| Total deposits | 16,485,617 | 15,294,855 | 14,869,979 | |
| Federal funds purchased | 170,000 | 40,000 | 199,370 | |
| Securities sold under repurchase agreements | 89,458 | 103,755 | 122,226 | |
| Federal home loan bank advances | 1,299,192 | 798,549 | 798,626 | |
| Subordinated debentures and other borrowings | 86,345 | 57,630 | 57,632 | |
| Total borrowings | 1,644,995 | 999,934 | 1,177,854 | |
| Interest payable | 18,890 | 18,235 | 18,240 | |
| Other liabilities | 250,454 | 245,410 | 333,154 | |
| Total liabilities | 18,399,956 | 16,558,434 | 16,399,227 | |
| Preferred stock value-Cumulative Preferred Stock | 125 | 125 | 125 | |
| Preferred stock value-Series APreferred Stock | 25,000 | 25,000 | 25,000 | |
| Common stock, 0.125 stated value authorized - 100,000,000 shares issued and outstanding - 0 and 56,951,939 shares | 7,813 | 7,119 | 7,149 | |
| Additional paid-in capital | 1,369,879 | 1,150,816 | 1,158,026 | |
| Retained earnings | 1,418,609 | 1,413,742 | 1,377,966 | |
| Accumulated other comprehensive loss | -148,861 | -130,135 | -155,864 | |
| Total stockholders' equity | 2,672,565 | 2,466,667 | 2,412,402 | |
| Total liabilities and stockholders' equity | 21,072,521 | 19,025,101 | 18,811,629 | |
FIRST MERCHANTS CORP (FRMEP)
FIRST MERCHANTS CORP (FRMEP)