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Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2015
Banking and Thrift [Abstract]  
Schedule of Actual and Required Capital Amounts and Ratios
The Corporation's and Bank's actual and required capital ratios as of December 31, 2015 and December 31, 2014 were as follows:
 
 
 
 
 
Prompt Corrective Action Thresholds
 
Actual
 
Adequately Capitalized
 
Well Capitalized
December 31, 2015
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
Total risk-based capital to risk-weighted assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
783,776

 
14.94
%
 
$
419,809

 
8.00
%
 
N/A

 
N/A

First Merchants Bank
739,793

 
13.98

 
423,242

 
8.00

 
$
529,052

 
10.00
%
Tier 1 capital to risk-weighted assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
656,323

 
12.51
%
 
$
314,857

 
6.00
%
 
N/A

 
N/A

First Merchants Bank
677,340

 
12.80

 
317,431

 
6.00

 
$
423,242

 
8.00
%
Common equity tier 1 capital to risk-weighted assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
603,063

 
11.49
%
 
$
236,143

 
4.50
%
 
N/A

 
N/A

First Merchants Bank
677,340

 
12.80

 
238,074

 
4.50

 
$
343,884

 
6.50
%
Tier 1 capital to average assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
656,323

 
10.85
%
 
$
242,001

 
4.00
%
 
N/A

 
N/A

First Merchants Bank
677,340

 
11.22

 
241,423

 
4.00

 
$
301,779

 
5.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prompt Corrective Action Thresholds
 
Actual
 
Adequately Capitalized
 
Well Capitalized
December 31, 2014
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
Total risk-based capital to risk-weighted assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
685,507

 
15.34
%
 
$
357,581

 
8.00
%
 
N/A

 
N/A

First Merchants Bank
653,169

 
14.64

 
356,884

 
8.00

 
$
446,105

 
10.00
%
Tier 1 capital to risk weighted assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
564,535

 
12.63
%
 
$
178,791

 
4.00
%
 
N/A

 
N/A

First Merchants Bank
597,305

 
13.39

 
178,442

 
4.00

 
$
267,663

 
6.00
%
Tier 1 capital to average assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
564,535

 
10.15
%
 
$
222,533

 
4.00
%
 
N/A

 
N/A

First Merchants Bank
597,305

 
10.56

 
226,339

 
4.00

 
$
282,953

 
5.00
%