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Regulatory Capital and Dividends - Schedule of Actual and Required Capital (Details)
$ in Thousands
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Total Risk-Based Capital    
Actual $ 1,582,481 $ 1,475,551
Prompt Corrective Action Thresholds, Adequate Capital 1,193,840 1,079,015
Tier 1 Capital to Risk-weighted Assets, Amount    
Actual 1,374,240 1,282,070
Prompt Corrective Action Thresholds, Adequate Capital 966,442 873,488
Common Equity Tier One Capital to Risk-weighted Assets, Amount    
Actual 1,327,634 1,235,702
Prompt Corrective Action Thresholds, Adequate Capital 795,893 719,343
Tier I Capital to Average Assets, Amount    
Actual 1,374,240 1,282,070
Prompt Corrective Action Thresholds, Adequate Capital $ 590,758 $ 536,123
Risk Based Ratios    
Total Capital to Risk-weighted Assets, Actual Ratio 0.1392 0.1436
Total Capital to Risk-weighted Assets, Prompt Corrective Action Thresholds, Adequate Capital Ratio 0.1050 0.1050
Tier 1 Capital to Risk-weighted Assets, Actual Ratio 0.1209 0.1248
Tier I Capital to Risk-weighted Assets, Prompt Corrective Action Thresholds, Adequate Capital Ratio 0.0850 0.0850
Common Equity Tier 1 Capital to Risk-weighted Assets, Actual Ratio 0.1168 0.1202
Common Equity Tier 1 to Risk-weighted Assets, Prompt Corrective Action Thresholds, Adequate Capital Ratio 0.0700 0.0700
Leverage Ratios    
Tier 1 Capital to Average Assets 0.0930 0.0957
Tier I Capital to Average Assets, Prompt Corrective Action Thresholds, Adequate Capital Ratio 0.0400 0.0400
First Merchants Bank    
Total Risk-Based Capital    
Actual $ 1,453,358 $ 1,412,805
Prompt Corrective Action Thresholds, Adequate Capital 1,197,515 1,082,430
Prompt Corrective Action Thresholds, Well Capitalized 1,140,490 1,030,886
Tier 1 Capital to Risk-weighted Assets, Amount    
Actual 1,309,685 1,283,922
Prompt Corrective Action Thresholds, Adequate Capital 969,417 876,253
Prompt Corrective Action Thresholds, Well Capitalized 912,392 824,708
Common Equity Tier One Capital to Risk-weighted Assets, Amount    
Actual 1,309,685 1,283,922
Prompt Corrective Action Thresholds, Adequate Capital 798,343 721,620
Prompt Corrective Action Thresholds, Well Capitalized 741,319 670,076
Tier I Capital to Average Assets, Amount    
Actual 1,309,685 1,283,922
Prompt Corrective Action Thresholds, Adequate Capital 589,994 535,279
Prompt Corrective Action Thresholds, Well Capitalized $ 737,493 $ 669,098
Risk Based Ratios    
Total Capital to Risk-weighted Assets, Actual Ratio 0.1274 0.1370
Total Capital to Risk-weighted Assets, Prompt Corrective Action Thresholds, Adequate Capital Ratio 0.1050 0.1050
Total Capital to Risk-weighted Assets, Prompt Corrective Action Thresholds, Well Capitalized Ratio 0.1000 0.1000
Tier 1 Capital to Risk-weighted Assets, Actual Ratio 0.1148 0.1245
Tier I Capital to Risk-weighted Assets, Prompt Corrective Action Thresholds, Adequate Capital Ratio 0.0850 0.0850
Tier I Capital to Risk-weighted Assets, Prompt Corrective Action Thresholds, Well Capitalized Ratio 0.0800 0.0800
Common Equity Tier 1 Capital to Risk-weighted Assets, Actual Ratio 0.1148 0.1245
Common Equity Tier 1 to Risk-weighted Assets, Prompt Corrective Action Thresholds, Adequate Capital Ratio 0.0700 0.0700
Common equity Tier I Capital to Risk-weighted Assets, Prompt Corrective Action Thresholds, Well Capitalized Ratio 0.0650 0.0650
Leverage Ratios    
Tier 1 Capital to Average Assets 0.0888 0.0959
Tier I Capital to Average Assets, Prompt Corrective Action Thresholds, Adequate Capital Ratio 0.0400 0.0400
Tier I Capital to Average Assets, Prompt Corrective Action Thresholds, Well Capitalized Ratio 0.0500 0.0500