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Borrowings - Narrative (Details)
12 Months Ended
Dec. 18, 2024
Oct. 30, 2023
Nov. 01, 2013
USD ($)
investor
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Apr. 01, 2022
USD ($)
Dec. 18, 2019
USD ($)
Debt Instrument [Line Items]              
Required value of assets pledged as collateral as a percentage to outstanding advances (at least)       145.00%      
Total available remaining borrowing capacity from FHLB       $ 617,600,000      
Putable advances with the FHLB       823,674,000 $ 334,055,000    
Debt face amount     $ 70,000,000        
Private debt issuance, number of institutional investors | investor     4        
Level One              
Debt Instrument [Line Items]              
Federal Home Loan Bank advances           $ 160,043,000  
Subordinated debentures           $ 32,631,000  
Senior Notes              
Debt Instrument [Line Items]              
Fixed interest rate term     10 years        
5.00% Senior Notes Due 2028              
Debt Instrument [Line Items]              
Redemption price (percent)     100.00%        
Putable Advances              
Debt Instrument [Line Items]              
Putable advances with the FHLB       $ 95,000,000      
Minimum              
Debt Instrument [Line Items]              
Interest rate, minimum (as a percent)       0.35%      
Maximum              
Debt Instrument [Line Items]              
Interest rate, minimum (as a percent)       4.92%      
Securities Sold Under Repurchase Agreements              
Debt Instrument [Line Items]              
Maximum amount of outstanding agreements       $ 218,900,000 199,100,000    
Total of average agreements       185,100,000 173,800,000    
Debt outstanding       167,413,000      
Subordinated Debentures and Term Loans              
Debt Instrument [Line Items]              
Debt outstanding       151,298,000 118,600,000    
Subordinated Debenture | 6.75% Subordinated Notes Due 2028              
Debt Instrument [Line Items]              
Debt face amount     $ 65,000,000        
Interest rate on notes (as a percent)     6.75%        
Redemption price (percent)     100.00%        
Subordinated Debenture | Acquired Subordinated Notes              
Debt Instrument [Line Items]              
Debt face amount             $ 30,000,000
Interest rate on notes (as a percent)             4.75%
Subordinated Debenture | Three-Month SOFR | 6.75% Subordinated Notes Due 2028 | Forecast              
Debt Instrument [Line Items]              
Basis spread on variable rate (as a percent)   0.26161%          
Subordinated Debenture | SOFR | 6.75% Subordinated Notes Due 2028 | Forecast              
Debt Instrument [Line Items]              
Basis spread on variable rate (as a percent)   4.095%          
Subordinated Debenture | SOFR | Acquired Subordinated Notes | Forecast              
Debt Instrument [Line Items]              
Basis spread on variable rate (as a percent) 3.11%            
Subordinated Debenture | First Merchant Capital Trust II              
Debt Instrument [Line Items]              
Debt face amount       $ 41,700,000 $ 41,700,000    
Interest rate during the period       6.33% 1.76%    
Subordinated Debenture | First Merchant Capital Trust II | Three-Month LIBOR              
Debt Instrument [Line Items]              
Basis spread on variable rate (as a percent)       1.56%      
Subordinated Debenture | Ameriana Capital Trust I              
Debt Instrument [Line Items]              
Debt face amount       $ 10,300,000 $ 10,300,000    
Interest rate during the period       6.27% 1.70%    
Subordinated Debenture | Ameriana Capital Trust I | Three-Month LIBOR              
Debt Instrument [Line Items]              
Basis spread on variable rate (as a percent)       1.50%      
Senior Notes | 5.00% Senior Notes Due 2028              
Debt Instrument [Line Items]              
Debt face amount     $ 5,000,000        
Interest rate on notes (as a percent)     5.00%        
Senior Notes | Three-Month SOFR              
Debt Instrument [Line Items]              
Basis spread on variable rate (as a percent)       0.26161%      
Senior Notes | Three-Month SOFR | 5.00% Senior Notes Due 2028 | Forecast              
Debt Instrument [Line Items]              
Basis spread on variable rate (as a percent)   0.26161%          
Senior Notes | SOFR | 5.00% Senior Notes Due 2028 | Forecast              
Debt Instrument [Line Items]              
Basis spread on variable rate (as a percent)   2.345%          
Secured Debt              
Debt Instrument [Line Items]              
Debt outstanding       $ 1,200,000      
Interest rate on notes (as a percent)       1.00%