frme-20230425

0000712534-23-000122.txt : 20230425 0000712534-23-000122.hdr.sgml : 20230425 20230425080659 ACCESSION NUMBER: 0000712534-23-000122 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20230425 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230425 DATE AS OF CHANGE: 20230425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST MERCHANTS CORP CENTRAL INDEX KEY: 0000712534 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 351544218 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41342 FILM NUMBER: 23841821 BUSINESS ADDRESS: STREET 1: 200 E JACKSON ST STREET 2: PO BOX 792 CITY: MUNCIE STATE: IN ZIP: 47308-0792 BUSINESS PHONE: 7657471500 MAIL ADDRESS: STREET 1: 200 EAST JACKSON STREET CITY: MUNCIE STATE: IN ZIP: 47305 8-K 1 frme-20230425.htm 8-K frme-20230425

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (Date of earliest event reported): April 25, 2023

FIRST MERCHANTS CORPORATION

(Exact name of registrant as specified in its charter)


Indiana
(State or other jurisdiction of incorporation)
001-41342			35-1544218
(Commission File Number)			(IRS Employer Identification No.)

200 East Jackson Street

P.O. Box 792

Muncie, IN 47305-2814

(Address of principal executive offices, including zip code)

(765) 747-1500

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)


Title of Each Class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.125 stated value per share	FRME	The Nasdaq Stock Market LLC
Depositary Shares, each representing a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A	FRMEP	The Nasdaq Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On April 25, 2023, First Merchants Corporation issued a press release to report its financial results for the first quarter ended March 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this Current Report on Form 8-K, including Exhibit No. 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability of that section. The information in this Current Report shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(a) Not applicable.

(b) Not applicable.

(d) Exhibits.

Exhibit 99.1 Press Release, dated April 25, 2023, issued by First Merchants Corporation

Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


									First Merchants Corporation
									(Registrant)

									By: /s/ Michele M. Kawiecki Michele M. Kawiecki Executive Vice President, Chief Financial Officer (Principal Financial and Accounting Officer)
Dated: April 25, 2023

EXHIBIT INDEX

Exhibit No. Description

99.1 Press Release, dated April 25, 2023, issued by First Merchants Corporation

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

EX-99.1 2 a1q23earningsreleaseex991.htm EX-99.1 Document

N / E / W / S R / E / L / E / A / S / E

April 25, 2023

FOR IMMEDIATE RELEASE

For more information, contact:

Nicole M. Weaver, Vice President and Director of Corporate Administration

765-521-7619

http://www.firstmerchants.com

SOURCE: First Merchants Corporation, Muncie, Indiana

FIRST MERCHANTS CORPORATION ANNOUNCES FIRST QUARTER 2023 EARNINGS PER SHARE

First Merchants Corporation (NASDAQ - FRME)

First Quarter 2023 Highlights:

• Net income available to common stockholders was $63.6 million for the first quarter and diluted earnings per common share totaled $1.07, compared to $48.6 million and $.91 in the first quarter of 2022, and $70.3 million and $1.19 in the fourth quarter of 2022.

• Adjusted net income available to common stockholders1 for the first quarter was $63.6 million and adjusted diluted earnings per common share1 totaled $1.07, compared to $47.3 million and $.88 in the first quarter of 2022, and $70.5 million and $1.19 in the fourth quarter of 2022.

• Strong liquidity and capital with Common Equity Tier 1 Capital Ratio of 10.82%.

• Deposit growth of $320.5 million, or 8.9% annualized on a linked quarter basis.

• Total loans grew $237.9 million, or 7.9% annualized on a linked quarter basis.

• Non-accrual loans totaled $46.6 million compared to $42.3 million on a linked quarter basis.

• The efficiency ratio totaled 51.72% for the quarter.

Mark Hardwick, Chief Executive Officer, stated, “Given the disruption in the banking industry, we are pleased to share a quarter-end balance sheet that reflects a very safe and sound institution with continued growth. Loans, Deposits, on-hand liquidity and capital all improved over year-end. We prioritized enhancing our liquidity position during the quarter while also meeting the demands of the customer base. Our team of bankers have been true brand ambassadors during the quarter by showing poise and confidence throughout the communities we serve. We remain focused on delivering our plan for the year.”

First Quarter Financial Results:

First Merchants Corporation (the “Corporation) has reported first quarter 2023 net income available to common stockholders of $63.6 million compared to $48.6 million during the same period in 2022. Earnings per share for the period totaled $1.07 per share compared to the first quarter of 2022 result of $.91 per share.

Total assets equaled $18.2 billion as of quarter-end and loans totaled $12.3 billion. Total loans increased $2.9 billion during the past twelve months. The acquisition of Level One contributed $1.6 billion of loans. Excluding acquired loans and PPP forgiveness, the Corporation experienced organic loan growth of $1.3 billion, or 14.4 percent, during the past twelve months. This was offset by the forgiveness of PPP loans of $88.5 million. Total loans grew organically $237.9 or 7.9% annualized on a linked quarter basis.

Investments, totaling $4.1 billion, decreased $431.9 million, or 9.6 percent, during the last twelve months and decreased $206.4 million or 19.4% annualized on a linked quarter basis.

Total deposits equaled $14.7 billion as of quarter-end and increased by $1.8 billion over the past twelve months. The acquisition of Level One contributed $1.9 billion in deposits resulting in an organic deposit decline of $133.5 million or 1.0%. Total deposits grew $320.5 million or 8.9% annualized on a linked quarter basis. The loan to deposit ratio for the current quarter ended at 83.3 percent.

The Corporation’s Allowance for Credit Losses – Loans (ACL) totaled $223.1 million as of quarter-end, or 1.82 percent of total loans, an increase of $27.1 million over prior year due to the acquisition of Level One. Loan charge offs, net of recoveries, for the quarter totaled $0.2 million. No provision expense was recorded during the quarter or during the last twelve months other than CECL Day 1 expense of $16.8 million due to the acquisition of Level One. Non-performing assets to total assets were 0.30% for the first quarter of 2023, a decrease of two basis points compared to 0.32% in the first quarter of 2022.

Net-interest income, totaling $144.1 million for the quarter, declined $4.9 million, or 3.3 percent, compared to prior quarter and increased $41.8 million, or 40.9 percent compared to the first quarter of 2022. Stated net-interest margin on a tax equivalent basis, totaling 3.58 percent, declined by 14 basis points compared to the fourth quarter of 2022 and increased 55 basis points compared to the first quarter of 2022. Net-interest margin excluding the impact of fair value accretion and PPP loans totaled 3.52%, a decrease of 13 basis points compared to 3.65% for the fourth quarter of 2022 and an increase of 55 basis points from the first quarter of 2022. During the quarter, increased deposit costs and mix offset the increase in earning asset yields causing a reduction of margin of eight basis points. The lower day count in the quarter caused a decline of five basis points.

Non-interest income, totaling $25.0 million for the quarter, increased $0.9 million compared to the fourth quarter of 2022 and decreased $0.9 million from the first quarter of 2022. The increase over the fourth quarter of 2022 was driven primarily by higher card payment fees, derivative hedge fees, offset by losses on the sale of available for sale securities.

Non-interest expense totaled $93.7 million for the quarter, an increase of $4.0 million from the fourth quarter of 2022. The increase was primarily due to higher salaries, incentives and employee benefits offset by lower marketing expenses and FDIC assessments. A one-time FDIC assessment credit of approximately $2.0 million was recorded lowering overall FDIC assessment cost for the quarter. Additionally, gains on the sales of properties were recorded in the fourth quarter and reflected in Other Expenses that did not recur in the current quarter, causing a negative quarter-over quarter variance.

The Corporation’s total risk-based capital ratio equaled 13.23 percent, common equity tier 1 capital ratio equaled 10.82 percent, and the tangible common equity ratio totaled 7.75 percent. These ratios continue to reflect the Corporation’s strong liquidity and capital positions.

1 See “Non-GAAP Financial Information” for reconciliation

CONFERENCE CALL

First Merchants Corporation will conduct a first quarter earnings conference call and web cast at 10:30 a.m. (ET) on Tuesday, April 25, 2023.

To access via phone, participants will need to register using the following link where they will be provided a phone number and access code: (https://register.vevent.com/register/BI257d3b7683714a4382f8765266a99667))

In order to view the webcast and presentation slides, please go to (https://edge.media-server.com/mmc/p/trq9ekv4) during the time of the call. A replay of the webcast will be available until April 25, 2024.

Detailed financial results are reported on the attached pages.

About First Merchants Corporation

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank).

First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).

FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.

Forward-Looking Statements

This release contains forward-looking statements made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can often, but not always, be identified by the use of words like “believe”, “continue”, “pattern”, “estimate”, “project”, “intend”, “anticipate”, “expect” and similar expressions or future or conditional verbs such as “will”, would”, “should”, “could”, “might”, “can”, “may”, or similar expressions. These statements include statements of First Merchants’ goals, intentions and expectations; statements regarding the First Merchants’ business plan and growth strategies; statements regarding the asset quality of First Merchants’ loan and investment portfolios; and estimates of First Merchants’ risks and future costs and benefits. These forward-looking statements are subject to significant risks, assumptions and uncertainties that may cause results to differ materially from those set forth in forward-looking statements, including, among other things: possible changes in monetary and fiscal policies, and laws and regulations; the effects of easing restrictions on participants in the financial services industry; the cost and other effects of legal and administrative cases; possible changes in the credit worthiness of customers and the possible impairment of collectability of loans; fluctuations in market rates of interest; competitive factors in the banking industry; changes in the banking legislation or regulatory requirements of federal and state agencies applicable to bank holding companies and banks like First Merchants’ affiliate bank; continued availability of earnings and excess capital sufficient for the lawful and prudent declaration of dividends; changes in market, economic, operational, liquidity (including the ability to grow and maintain core deposits and retain large, uninsured deposits), credit and interest rate risks associated with the First Merchants’ business; and other risks and factors identified in each of First Merchants’ filings with the Securities and Exchange Commission. First Merchants does not undertake any obligation to update any forward-looking statement, whether written or oral, relating to the matters discussed in this press release. In addition, First Merchants’ past results of operations do not necessarily indicate its anticipated future results.

* * * *


CONSOLIDATED BALANCE SHEETS
(Dollars In Thousands)	March 31,
	2023		2022
ASSETS
Cash and due from banks	$	125,818	$	148,277
Interest-bearing deposits	352,695		395,262
Investment securities, net of allowance for credit losses of $245,000 and $245,000	4,057,389		4,489,263
Loans held for sale	9,408		3,938
Loans	12,241,461		9,356,241
Less: Allowance for credit losses - loans	(223,052)		(195,984)
Net loans	12,018,409		9,160,257
Premises and equipment	115,857		105,883
Federal Home Loan Bank stock	41,878		26,422
Interest receivable	85,515		56,081
Goodwill and other intangibles	745,647		569,494
Cash surrender value of life insurance	309,090		291,881
Other real estate owned	7,777		6,271
Tax asset, deferred and receivable	103,070		73,422
Other assets	206,355		138,807
TOTAL ASSETS	$	18,178,908	$	15,465,258
LIABILITIES
Deposits:
Noninterest-bearing	$	2,964,355	$	2,745,235
Interest-bearing	11,738,932		10,160,718
Total Deposits	14,703,287		12,905,953
Borrowings:
Federal funds purchased	20		—
Securities sold under repurchase agreements	179,067		169,697
Federal Home Loan Bank advances	823,577		308,960
Subordinated debentures and other borrowings	151,312		118,677
Total Borrowings	1,153,976		597,334
Interest payable	11,979		3,589
Other liabilities	187,218		150,749
Total Liabilities	16,056,460		13,657,625
STOCKHOLDERS' EQUITY
Preferred Stock, $1,000 par value, $1,000 liquidation value:
Authorized -- 600 cumulative shares
Issued and outstanding - 125 cumulative shares	125		125
Preferred Stock, Series A, no par value, $2,500 liquidation preference:
Authorized -- 10,000 non-cumulative perpetual shares
Issued and outstanding - 10,000 non-cumulative perpetual shares	25,000		—
Common Stock, $.125 stated value:
Authorized -- 100,000,000 shares
Issued and outstanding - 59,257,051 and 53,424,823 shares	7,407		6,678
Additional paid-in capital	1,231,532		987,404
Retained earnings	1,057,298		897,818
Accumulated other comprehensive loss	(198,914)		(84,392)
Total Stockholders' Equity	2,122,448		1,807,633
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	18,178,908	$	15,465,258


CONSOLIDATED STATEMENTS OF INCOME	Three Months Ended
(Dollars In Thousands, Except Per Share Amounts)	March 31,
	2023		2022
INTEREST INCOME
Loans receivable:
Taxable	$	172,353	$	79,075
Tax-exempt	7,709		5,704
Investment securities:
Taxable	9,087		8,510
Tax-exempt	16,070		15,875

Deposits with financial institutions	637		230
Federal Home Loan Bank stock	542		146
Total Interest Income	206,398		109,540
INTEREST EXPENSE
Deposits	50,685		4,294
Federal funds purchased	1,297		—
Securities sold under repurchase agreements	848		89
Federal Home Loan Bank advances	7,064		1,218
Subordinated debentures and other borrowings	2,385		1,659
Total Interest Expense	62,279		7,260
NET INTEREST INCOME	144,119		102,280
Provision for credit losses - loans	—		—
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	144,119		102,280
NON-INTEREST INCOME
Service charges on deposit accounts	7,359		6,419
Fiduciary and wealth management fees	7,862		7,332
Card payment fees	5,172		5,723
Net gains and fees on sales of loans	2,399		2,199
Derivative hedge fees	1,148		918
Other customer fees	517		410
Earnings on cash surrender value of life insurance	1,288		1,696
Net realized gains (losses) on sales of available for sale securities	(1,571)		566
Other income	823		634
Total Non-Interest Income	24,997		25,897
NON-INTEREST EXPENSES
Salaries and employee benefits	57,459		42,519
Net occupancy	7,259		6,187
Equipment	6,126		5,080
Marketing	1,309		736
Outside data processing fees	6,113		4,363
Printing and office supplies	383		345
Intangible asset amortization	2,197		1,366
FDIC assessments	1,396		2,192
Other real estate owned and foreclosure expenses	(18)		564
Professional and other outside services	3,698		2,953
Other expenses	7,798		6,020
Total Non-Interest Expenses	93,720		72,325
INCOME BEFORE INCOME TAX	75,396		55,852
Income tax expense	11,317		7,266
NET INCOME	64,079		48,586
Preferred stock dividends	469		—
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS	$	63,610	$	48,586
Per Share Data:
Basic Net Income Available to Common Stockholders	$	1.07	$	0.91
Diluted Net Income Available to Common Stockholders	$	1.07	$	0.91
Cash Dividends Paid to Common Stockholders	$	0.32	$	0.29
Average Diluted Common Shares Outstanding (in thousands)	59,441		53,616


FINANCIAL HIGHLIGHTS
(Dollars in thousands)	Three Months Ended
	March 31,
	2023			2022
NET CHARGE-OFFS (RECOVERIES)	$	225		$	(587)

AVERAGE BALANCES:
Total Assets	$	18,022,195		$	15,464,605
Total Loans	12,135,384			9,255,928
Total Earning Assets	16,824,407			14,262,777
Total Deposits	14,423,409			12,817,690
Total Stockholders' Equity	2,083,125			1,891,223

FINANCIAL RATIOS:
Return on Average Assets	1.42		%	1.26		%
Return on Average Stockholders' Equity	12.21			10.28
Return on Tangible Common Stockholders' Equity	19.82			14.99
Average Earning Assets to Average Assets	93.35			92.23
Allowance for Credit Losses - Loans as % of Total Loans	1.82			2.09
Net Charge-offs as % of Average Loans (Annualized)	0.01			(0.03)
Average Stockholders' Equity to Average Assets	11.56			12.23
Tax Equivalent Yield on Average Earning Assets	5.06			3.23
Interest Expense/Average Earning Assets	1.48			0.20
Net Interest Margin (FTE) on Average Earning Assets	3.58			3.03
Efficiency Ratio	51.72			52.79
Tangible Common Book Value Per Share	$	22.93		$	23.26


NON-PERFORMING ASSETS
(Dollars In Thousands)	March 31,			December 31,			September 30,			June 30,			March 31,
	2023			2022			2022			2022			2022
Non-Accrual Loans	$	46,576		$	42,324		$	43,508		$	45,970		$	42,698
Troubled Debt Restructures (TDR)	—			224			195			233			141
Non-Performing Loans (NPL)	46,576			42,548			43,703			46,203			42,839
Other Real Estate Owned and Repossessions	7,777			6,431			6,454			6,521			6,271
Non-Performing Assets (NPA)	54,353			48,979			50,157			52,724			49,110
90+ Days Delinquent	7,032			1,737			764			592			2,085
NPAs & 90 Day Delinquent	$	61,385		$	50,716		$	50,921		$	53,316		$	51,195

Allowance for Credit Losses - Loans	$	223,052		$	223,277		$	226,702		$	226,275		$	195,984
Quarterly Net Charge-offs (Recoveries)	225			2,674			(427)			263			(587)
NPAs / Actual Assets %	0.30		%	0.27		%	0.28		%	0.30		%	0.32		%
NPAs & 90 Day / Actual Assets %	0.34		%	0.28		%	0.29		%	0.30		%	0.33		%
NPAs / Actual Loans and OREO %	0.44		%	0.41		%	0.43		%	0.46		%	0.52		%
Allowance for Credit Losses - Loans / Actual Loans (%)	1.82		%	1.86		%	1.94		%	1.98		%	2.09		%
Net Charge-offs (Recoveries) as % of Average Loans (Annualized)	0.01		%	0.12		%	(0.01)		%	0.01		%	(0.03)		%


CONSOLIDATED BALANCE SHEETS
(Dollars In Thousands)	March 31,		December 31,		September 30,		June 30,		March 31,
	2023		2022		2022		2022		2022
ASSETS
Cash and due from banks	$	125,818	$	122,594	$	119,532	$	212,559	$	148,277
Interest-bearing deposits	352,695		126,061		179,593		136,702		395,262
Investment securities, net of allowance for credit losses	4,057,389		4,263,788		4,294,768		4,630,030		4,489,263
Loans held for sale	9,408		9,094		25,394		9,060		3,938
Loans	12,241,461		12,003,894		11,650,002		11,397,417		9,356,241
Less: Allowance for credit losses - loans	(223,052)		(223,277)		(226,702)		(226,275)		(195,984)
Net loans	12,018,409		11,780,617		11,423,300		11,171,142		9,160,257
Premises and equipment	115,857		117,118		116,306		117,757		105,883
Federal Home Loan Bank stock	41,878		38,525		38,056		38,111		26,422
Interest receivable	85,515		85,070		71,605		68,728		56,081
Goodwill and other intangibles	745,647		747,844		750,713		753,649		569,494
Cash surrender value of life insurance	309,090		308,311		306,932		323,013		291,881
Other real estate owned	7,777		6,431		6,454		6,521		6,271
Tax asset, deferred and receivable	103,070		111,222		142,110		114,965		73,422
Other assets	206,355		221,631		244,222		198,255		138,807
TOTAL ASSETS	$	18,178,908	$	17,938,306	$	17,718,985	$	17,780,492	$	15,465,258
LIABILITIES
Deposits:
Noninterest-bearing	$	2,964,355	$	3,173,417	$	3,356,651	$	3,435,331	$	2,745,235
Interest-bearing	11,738,932		11,209,328		11,078,174		11,135,538		10,160,718
Total Deposits	14,703,287		14,382,745		14,434,825		14,570,869		12,905,953
Borrowings:
Federal funds purchased	20		171,560		185,000		100,000		—
Securities sold under repurchase agreements	179,067		167,413		194,482		186,468		169,697
Federal Home Loan Bank advances	823,577		823,674		643,769		598,865		308,960
Subordinated debentures and other borrowings	151,312		151,298		151,301		151,299		118,677
Total Borrowings	1,153,976		1,313,945		1,174,552		1,036,632		597,334
Interest payable	11,979		7,530		4,971		2,978		3,589
Other liabilities	187,218		199,316		197,971		192,372		150,749
Total Liabilities	16,056,460		15,903,536		15,812,319		15,802,851		13,657,625
STOCKHOLDERS' EQUITY
Preferred Stock, $1,000 par value, $1,000 liquidation value:
Authorized -- 600 cumulative shares
Issued and outstanding - 125 cumulative shares	125		125		125		125		125
Preferred Stock, Series A, no par value, $2,500 liquidation preference:
Authorized -- 10,000 non-cumulative perpetual shares
Issued and outstanding - 10,000 non-cumulative perpetual shares	25,000		25,000		25,000		25,000		—
Common Stock, $.125 stated value:
Authorized -- 100,000,000 shares
Issued and outstanding	7,407		7,396		7,393		7,383		6,678
Additional paid-in capital	1,231,532		1,228,626		1,226,695		1,226,378		987,404
Retained earnings	1,057,298		1,012,774		961,542		917,311		897,818
Accumulated other comprehensive loss	(198,914)		(239,151)		(314,089)		(198,556)		(84,392)
Total Stockholders' Equity	2,122,448		2,034,770		1,906,666		1,977,641		1,807,633
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	18,178,908	$	17,938,306	$	17,718,985	$	17,780,492	$	15,465,258


CONSOLIDATED STATEMENTS OF INCOME
(Dollars In Thousands, Except Per Share Amounts)	March			December 31,			September 30,			June 30,			March 31,
	2023			2022			2022			2022			2022
INTEREST INCOME
Loans receivable:
Taxable	$	172,353		$	156,102		$	128,504		$	106,787		$	79,075
Tax-exempt	7,709			6,930			6,500			5,990			5,704
Investment securities:
Taxable	9,087			9,417			10,055			10,372			8,510
Tax-exempt	16,070			17,033			17,261			17,212			15,875

Deposits with financial institutions	637			959			704			610			230
Federal Home Loan Bank stock	542			541			314			175			146
Total Interest Income	206,398			190,982			163,338			141,146			109,540
INTEREST EXPENSE
Deposits	50,685			33,516			16,644			8,485			4,294
Federal funds purchased	1,297			808			418			76			—
Securities sold under repurchase agreements	848			541			372			134			89
Federal Home Loan Bank advances	7,064			4,932			3,493			1,774			1,218
Subordinated debentures and other borrowings	2,385			2,229			2,105			2,016			1,659
Total Interest Expense	62,279			42,026			23,032			12,485			7,260
NET INTEREST INCOME	144,119			148,956			140,306			128,661			102,280
Provision for credit losses - loans	—			—			—			16,755			—
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	144,119			148,956			140,306			111,906			102,280
NON-INTEREST INCOME
Service charges on deposit accounts	7,359			7,097			7,165			7,690			6,419
Fiduciary and wealth management fees	7,862			7,501			7,221			7,634			7,332
Card payment fees	5,172			4,533			4,776			5,175			5,723
Net gains and fees on sales of loans	2,399			2,087			2,543			3,226			2,199
Derivative hedge fees	1,148			326			700			1,444			918
Other customer fees	517			362			501			662			410
Earnings on cash surrender value of life insurance	1,288			1,515			6,655			1,308			1,696
Net realized gains (losses) on sales of available for sale securities	(1,571)			57			481			90			566
Other income (loss)	823			672			(425)			1,048			634
Total Non-Interest Income	24,997			24,150			29,617			28,277			25,897
NON-INTEREST EXPENSES
Salaries and employee benefits	57,459			52,331			56,002			56,041			42,519
Net occupancy	7,259			6,638			6,738			6,648			6,187
Equipment	6,126			6,148			5,997			6,720			5,080
Marketing	1,309			3,157			2,401			1,414			736
Outside data processing fees	6,113			5,611			6,827			4,881			4,363
Printing and office supplies	383			390			472			381			345
Intangible asset amortization	2,197			2,303			2,303			2,303			1,366
FDIC assessments	1,396			2,295			2,824			2,924			2,192
Other real estate owned and foreclosure expenses	(18)			197			328			(266)			564
Professional and other outside services	3,698			3,961			4,461			10,267			2,953
Other expenses	7,798			6,668			8,025			6,000			6,020
Total Non-Interest Expenses	93,720			89,699			96,378			97,313			72,325
INCOME BEFORE INCOME TAX	75,396			83,407			73,545			42,870			55,852
Income tax expense	11,317			12,647			9,793			3,879			7,266
NET INCOME	64,079			70,760			63,752			38,991			48,586
Preferred stock dividends	469			468			469			469			—
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS	$	63,610		$	70,292		$	63,283		$	38,522		$	48,586
Per Share Data:
Basic Net Income Available to Common Stockholders	$	1.07		$	1.20		$	1.08		$	0.64		$	0.91
Diluted Net Income Available to Common Stockholders	$	1.07		$	1.19		$	1.08		$	0.63		$	0.91
Cash Dividends Paid to Common Stockholders	$	0.32		$	0.32		$	0.32		$	0.32		$	0.29
Average Diluted Common Shares Outstanding (in thousands)	59,441			59,384			59,339			59,308			53,616
FINANCIAL RATIOS:
Return on Average Assets	1.42		%	1.59		%	1.43		%	0.88		%	1.26		%
Return on Average Stockholders' Equity	12.21			14.36			12.54			7.62			10.28
Return on Tangible Common Stockholders' Equity	19.82			24.21			20.85			12.91			14.99
Average Earning Assets to Average Assets	93.35			93.66			92.90			92.45			92.23
Allowance for Credit Losses - Loans as % of Total Loans	1.82			1.86			1.94			1.98			2.09
Net Charge-offs (Recoveries) as % of Average Loans (Annualized)	0.01			0.12			(0.01)			0.01			(0.03)
Average Stockholders' Equity to Average Assets	11.56			10.98			11.36			11.37			12.23
Tax Equivalent Yield on Average Earning Assets	5.06			4.73			4.11			3.58			3.23
Interest Expense/Average Earning Assets	1.48			1.01			0.56			0.30			0.20
Net Interest Margin (FTE) on Average Earning Assets	3.58			3.72			3.55			3.28			3.03
Efficiency Ratio	51.72			48.60			53.34			58.45			52.79
Tangible Common Book Value Per Share	$	22.93		$	21.45		$	19.26		$	20.45		$	23.26


LOANS
(Dollars In Thousands)	March 31,		December 31,		September 30,		June 30,		March 31,
	2023		2022		2022		2022		2022
Commercial and industrial loans	$	3,502,204	$	3,437,126	$	3,330,529	$	3,297,477	$	2,826,660
Agricultural land, production and other loans to farmers	219,598		241,793		221,954		214,904		209,077
Real estate loans:
Construction	960,979		835,582		828,923		745,983		552,975
Commercial real estate, non-owner occupied	2,375,410		2,407,475		2,299,272		2,423,185		2,073,197
Commercial real estate, owner occupied	1,244,117		1,246,528		1,268,567		1,264,563		974,521
Residential	2,185,943		2,096,655		1,990,668		1,813,297		1,226,695
Home equity	621,354		630,632		621,619		586,108		512,641
Individuals' loans for household and other personal expenditures	172,389		175,211		173,225		157,264		147,593
Public finance and other commercial loans	959,467		932,892		915,245		894,636		832,882
Loans	12,241,461		12,003,894		11,650,002		11,397,417		9,356,241
Allowance for credit losses - loans	(223,052)		(223,277)		(226,702)		(226,275)		(195,984)
NET LOANS	$	12,018,409	$	11,780,617	$	11,423,300	$	11,171,142	$	9,160,257


DEPOSITS
(Dollars In Thousands)	March 31,		December 31,		September 30,		June 30,		March 31,
	2023		2022		2022		2022		2022
Demand deposits	$	8,422,387	$	8,448,797	$	8,534,950	$	8,785,889	$	7,806,033
Savings deposits	4,499,487		4,657,140		5,054,490		4,875,880		4,444,417
Certificates and other time deposits of $100,000 or more	1,040,379		742,539		443,588		436,942		252,033
Other certificates and time deposits	574,886		468,712		381,365		446,973		380,293
Brokered certificates of deposits	166,148		65,557		20,432		25,185		23,177
TOTAL DEPOSITS	$	14,703,287	$	14,382,745	$	14,434,825	$	14,570,869	$	12,905,953


CONSOLIDATED AVERAGE BALANCE SHEET AND NET INTEREST MARGIN ANALYSIS
(Dollars in Thousands)
	For the Three Months Ended
	March 31, 2023						March 31, 2022
	Average Balance		Interest Income / Expense		Average Rate		Average Balance		Interest Income / Expense		Average Rate
ASSETS

Interest-bearing deposits	$	172,814	$	637	1.47	%	$	484,626	$	230	0.19	%
Federal Home Loan Bank stock	39,759		542		5.45		27,914		146		2.09
Investment securities: (1)
Taxable	1,924,079		9,087		1.89		1,957,675		8,510		1.74
Tax-exempt (2)	2,552,371		20,342		3.19		2,536,634		20,095		3.17
Total Investment Securities	4,476,450		29,429		2.63		4,494,309		28,605		2.55
Loans held for sale	23,538		360		6.12		4,352		40		3.68
Loans: (3)
Commercial	8,483,879		139,661		6.58		6,868,438		64,679		3.77
Real estate mortgage	1,914,640		18,391		3.84		924,268		7,840		3.39
Installment	840,450		13,941		6.64		711,038		6,516		3.67
Tax-exempt (2)	872,877		9,758		4.47		747,832		7,220		3.86
Total Loans	12,135,384		182,111		6.00		9,255,928		86,295		3.73
Total Earning Assets	16,824,407		212,719		5.06	%	14,262,777		115,276		3.23	%
Total Non-Earning Assets	1,197,788						1,201,828
TOTAL ASSETS	$	18,022,195					$	15,464,605
LIABILITIES
Interest-bearing deposits:
Interest-bearing deposits	$	5,263,601	$	24,662	1.87	%	$	5,027,466	$	2,408	0.19	%
Money market deposits	2,746,047		13,577		1.98		2,514,429		872		0.14
Savings deposits	1,826,209		2,965		0.65		1,867,411		441		0.09
Certificates and other time deposits	1,466,275		9,481		2.59		676,661		573		0.34
Total Interest-Bearing Deposits	11,302,132		50,685		1.79		10,085,967		4,294		0.17
Borrowings:	1,293,309		11,594		3.59		616,572		2,966		1.92
Total Interest-Bearing Liabilities	12,595,441		62,279		1.98		10,702,539		7,260		0.27
Noninterest-bearing deposits	3,121,277						2,731,723
Other liabilities	222,352						139,120
Total Liabilities	15,939,070						13,573,382
STOCKHOLDERS' EQUITY	2,083,125						1,891,223
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	18,022,195	62,279				$	15,464,605	7,260
Net Interest Income (FTE)			$	150,440					$	108,016
Net Interest Spread (FTE) (4)					3.08	%					2.96	%

Net Interest Margin (FTE):
Interest Income (FTE) / Average Earning Assets					5.06	%					3.23	%
Interest Expense / Average Earning Assets					1.48	%					0.20	%
Net Interest Margin (FTE) (5)					3.58	%					3.03	%

(1) Average balance of securities is computed based on the average of the historical amortized cost balances without the effects of the fair value adjustments. Annualized amounts are computed using a 30/360 day basis.
(2) Tax-exempt securities and loans are presented on a fully taxable equivalent basis, using a marginal tax rate of 21 percent for 2023 and 2022. These totals equal $6,321 and $5,736 for the three months ended March 31, 2023 and 2022, respectively.
(3) Non accruing loans have been included in the average balances.
(4) Net Interest Spread (FTE) is interest income expressed as a percentage of average earning assets minus interest expense expressed as a percentage of average interest-bearing liabilities.
(5) Net Interest Margin (FTE) is interest income expressed as a percentage of average earning assets minus interest expense expressed as a percentage of average earning assets.


ADJUSTED EPS EXCLUDING PAYCHECK PROTECTION PROGRAM ("PPP") AND ACQUISITION-RELATED EXPENSES - NON-GAAP
(Dollars In Thousands, Except Per Share Amounts)	Three Months Ended
	March 31,		December 31,		September 30,		June 30,		March 31,
	2023		2022		2022		2022		2022
Net Income Available to Common Stockholders - GAAP	$	63,610	$	70,292	$	63,283	$	38,522	$	48,586
Adjustments:
PPP loan income	(25)		(109)		(323)		(891)		(1,884)
Acquisition-related expenses	—		413		3,417		12,549		152
Acquisition-related provision expense	—		—		—		16,755		—
Tax on adjustment	6		(75)		(759)		(6,967)		425
Adjusted Net Income Available to Common Stockholders - Non-GAAP	$	63,591	$	70,521	$	65,618	$	59,968	$	47,279

Average Diluted Common Shares Outstanding (in thousands)	59,441		59,384		59,339		59,308		53,616

Diluted Earnings Per Common Share - GAAP	$	1.07	$	1.19	$	1.08	$	0.63	$	0.91
Adjustments:
PPP loan income	—		(0.01)		—		(0.01)		(0.04)
Acquisition-related expenses	—		0.01		0.05		0.22		—
Acquisition-related provision expense	—		—		—		0.30		—
Tax on adjustment	—		—		(0.01)		(0.13)		0.01
Adjusted Diluted Earnings Per Common Share - Non-GAAP	$	1.07	$	1.19	$	1.12	$	1.01	$	0.88


RETURN ON TANGIBLE COMMON EQUITY
(Dollars In Thousands)	Three Months Ended
	March 31,			December 31,			September 30,			June 30,			March 31,
	2023			2022			2022			2022			2022
Total Average Stockholders' Equity (GAAP)	$	2,083,125		$	1,958,041		$	2,018,156		$	2,021,123		$	1,891,223
Less: Average Preferred Stock	(25,125)			(25,125)			(25,125)			(25,125)			(125)
Less: Average Intangible Assets, Net of Tax	(739,190)			(741,632)			(744,069)			(745,614)			(565,476)
Average Tangible Common Equity, Net of Tax (Non-GAAP)	$	1,318,810		$	1,191,284		$	1,248,962		$	1,250,384		$	1,325,622

Net Income Available to Common Stockholders (GAAP)	$	63,610		$	70,292		$	63,283		$	38,521		$	48,586
Plus: Intangible Asset Amortization, Net of Tax	1,734			1,819			1,819			1,820			1,079
Tangible Net Income (Non-GAAP)	$	65,344		$	72,111		$	65,102		$	40,341		$	49,665

Return on Tangible Common Equity (Non-GAAP)	19.82		%	24.21		%	20.85		%	12.91		%	14.99		%

EX-101.SCH 3 frme-20230425.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0000001 - Document - Document and Entity Information Document link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 frme-20230425_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 5 frme-20230425_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Entity Central Index Key Entity Central Index Key Entity Address, Address Line Two Entity Address, Address Line Two Entity Address, Address Line One Entity Address, Address Line One Trading Symbol Trading Symbol Entity File Number Entity File Number Soliciting Material Soliciting Material Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Depositary Shares, each representing a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A Depositary Shares [Member] Depositary Shares Entity Address, Postal Zip Code Entity Address, Postal Zip Code Class of Stock [Domain] Class of Stock [Domain] Entity Listings [Line Items] Entity Listings [Line Items] City Area Code City Area Code Title of 12(b) Security Title of 12(b) Security Entity Listings [Table] Entity Listings [Table] Amendment Flag Amendment Flag Security Exchange Name Security Exchange Name Entity Registrant Name Entity Registrant Name Document Period End Date Document Period End Date Entity Tax Identification Number Entity Tax Identification Number Common Stock, $0.125 stated value per share Common Stock [Member] Pre-commencement Issuer Tender Offer Pre-commencement Issuer Tender Offer Entity Address, City or Town Entity Address, City or Town Class of Stock [Axis] Class of Stock [Axis] Local Phone Number Local Phone Number Written Communications Written Communications Cover [Abstract] Cover [Abstract] Document Type Document Type Entity Emerging Growth Company Entity Emerging Growth Company Entity Address, State or Province Entity Address, State or Province Pre-commencement Tender Offer Pre-commencement Tender Offer EX-101.PRE 6 frme-20230425_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 7 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information Document	Apr. 25, 2023
Entity Listings [Line Items]
Document Type	8-K
Document Period End Date	Apr. 25, 2023
Entity Registrant Name	FIRST MERCHANTS CORP
Entity Incorporation, State or Country Code	IN
Entity File Number	001-41342
Entity Tax Identification Number	35-1544218
Entity Address, Address Line One	200 East Jackson Street
Entity Address, Address Line Two	P.O. Box 792
Entity Address, City or Town	Muncie
Entity Address, State or Province	IN
Entity Address, Postal Zip Code	47305-2814
City Area Code	765
Local Phone Number	747-1500
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000712534
Amendment Flag	false
Common Stock, $0.125 stated value per share
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $0.125 stated value per share
Trading Symbol	FRME
Security Exchange Name	NASDAQ
Depositary Shares, each representing a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A
Entity Listings [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A
Trading Symbol	FRMEP
Security Exchange Name	NASDAQ

XML 8 frme-20230425_htm.xml IDEA: XBRL DOCUMENT 0000712534 2023-04-25 2023-04-25 0000712534 us-gaap:CommonStockMember 2023-04-25 2023-04-25 0000712534 frme:DepositarySharesMember 2023-04-25 2023-04-25 0000712534 false 8-K 2023-04-25 FIRST MERCHANTS CORP IN 001-41342 35-1544218 200 East Jackson Street P.O. Box 792 Muncie IN 47305-2814 765 747-1500 Common Stock, $0.125 stated value per share FRME NASDAQ Depositary Shares, each representing a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A FRMEP NASDAQ false false false false false EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.23.1 html 3 23 1 false 2 0 false 0 false false R1.htm 0000001 - Document - Document and Entity Information Document Sheet http://www.firstmerchants.com/role/DocumentandEntityInformationDocument Document and Entity Information Document Cover 1 false false All Reports Book All Reports frme-20230425.htm a1q23earningsreleaseex991.htm frme-20230425.xsd frme-20230425_def.xml frme-20230425_lab.xml frme-20230425_pre.xml http://xbrl.sec.gov/dei/2022 true false JSON 14 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "frme-20230425.htm": { "axisCustom": 0, "axisStandard": 1, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2022": 26 }, "contextCount": 3, "dts": { "definitionLink": { "local": [ "frme-20230425_def.xml" ] }, "inline": { "local": [ "frme-20230425.htm" ] }, "labelLink": { "local": [ "frme-20230425_lab.xml" ] }, "presentationLink": { "local": [ "frme-20230425_pre.xml" ] }, "schema": { "local": [ "frme-20230425.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-roles-2022.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-types-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-roles-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-types-2022.xsd", "https://xbrl.sec.gov/country/2022/country-2022.xsd", "https://xbrl.sec.gov/dei/2022/dei-2022.xsd" ] } }, "elementCount": 30, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2022": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 23, "memberCustom": 1, "memberStandard": 1, "nsprefix": "frme", "nsuri": "http://www.firstmerchants.com/20230425", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "frme-20230425.htm", "contextRef": "i2d96406d85e74ad8b82e0a26d6428861_D20230425-20230425", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0000001 - Document - Document and Entity Information Document", "menuCat": "Cover", "order": "1", "role": "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument", "shortName": "Document and Entity Information Document", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "frme-20230425.htm", "contextRef": "i2d96406d85e74ad8b82e0a26d6428861_D20230425-20230425", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 2, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]", "terseLabel": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2022", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two", "terseLabel": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityListingsLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Entity Listings [Line Items]", "terseLabel": "Entity Listings [Line Items]" } } }, "localname": "EntityListingsLineItems", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "stringItemType" }, "dei_EntityListingsTable": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Container for exchange listing information for an entity", "label": "Entity Listings [Table]", "terseLabel": "Entity Listings [Table]" } } }, "localname": "EntityListingsTable", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "stringItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer", "terseLabel": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer", "terseLabel": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "frme_DepositarySharesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Depositary Shares", "label": "Depositary Shares [Member]", "terseLabel": "Depositary Shares, each representing a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A" } } }, "localname": "DepositarySharesMember", "nsuri": "http://www.firstmerchants.com/20230425", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "domainItemType" }, "us-gaap_ClassOfStockDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Class of Stock [Domain]", "terseLabel": "Class of Stock [Domain]" } } }, "localname": "ClassOfStockDomain", "nsuri": "http://fasb.org/us-gaap/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Common Stock [Member]", "terseLabel": "Common Stock, $0.125 stated value per share" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "domainItemType" }, "us-gaap_StatementClassOfStockAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Class of Stock [Axis]", "terseLabel": "Class of Stock [Axis]" } } }, "localname": "StatementClassOfStockAxis", "nsuri": "http://fasb.org/us-gaap/2022", "presentation": [ "http://www.firstmerchants.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "stringItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425", "role": "http://www.xbrl.org/2003/role/presentationRef" } }, "version": "2.2" } ZIP 15 0000712534-23-000122-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000712534-23-000122-xbrl.zip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