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Regulatory Capital and Dividends (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016 and December 31, 2015 were as follows:
 
 
 
 
 
Prompt Corrective Action Thresholds
 
Actual
 
Adequately Capitalized
 
Well Capitalized
December 31, 2016
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
Total risk-based capital to risk-weighted assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
851,521

 
14.21
%
 
$
479,470

 
8.00
%
 
N/A

 
N/A

First Merchants Bank
800,598

 
13.30

 
481,490

 
8.00

 
$
601,862

 
10.00
%
Tier 1 capital to risk-weighted assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
720,484

 
12.02
%
 
$
359,603

 
6.00
%
 
N/A

 
N/A

First Merchants Bank
734,561

 
12.20

 
361,117

 
6.00

 
$
481,490

 
8.00
%
Common equity tier 1 capital to risk-weighted assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
665,445

 
11.10
%
 
$
269,702

 
4.50
%
 
N/A

 
N/A

First Merchants Bank
734,561

 
12.20

 
270,838

 
4.50

 
$
391,210

 
6.50
%
Tier 1 capital to average assets
 
 
 
 
 
 
 
 
 
 
 
First Merchants Corporation
$
720,484

 
10.54
%
 
$
273,456

 
4.00
%
 
N/A

 
N/A

First Merchants Bank
734,561

 
10.78

 
272,461

 
4.00

 
$
340,576

 
5.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 





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
%