First Merchants Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	280.46	386.51	548.73	248.66	641.3
Securities and Investments	3,379	3,461	3,811	4,264	4,524
Other Earning Assets	20.08	18.66	18.93	9.09	11.19
Net Loans	13,596	12,662	12,281	11,781	9,046
Net Property, Plant & Equipment	121.06	129.74	133.9	117.12	105.66
Accrued Interest and Accounts Receivable	93.37	91.83	97.66	85.07	57.19
Other Intangible Assets	13.8	19.83	27.1	85.8	25.88
Goodwill	712	712	712	712	545.39
Long-Term Investments	47.25	41.69	41.77	38.53	28.74
Other Non-Earning Assets	762.33	789.41	727.34	709.48	467.41
Total Assets	19,025	18,312	18,406	18,002	15,453
Interest-bearing deposits	13,158	12,196	12,321	11,209	10,023
Noninterest-bearing deposits	2,137	2,326	2,500	3,173	2,710
Total Deposits	15,295	14,522	14,821	14,383	12,733
Short-Term Interbank Borrowing and Repurchase Agreements	942.3	1,065	870.13	1,163	515.63
Accrued Expenses	18.24	16.1	18.91	7.53	2.76
Long-Term Debt	57.63	93.53	158.64	151.3	118.62
Other Liabilities	245.41	311.07	289.03	263.21	170.99
Total Liabilities	16,558	16,007	16,158	15,967	13,541
Preferred Stock	0.13	0.13	0.13	0.13	0
Common Stock	7.12	7.25	7.43	7.4	6.68
Additional Paid-in Capital	1,151	1,189	1,237	1,229	985.82
Accumulated Other Comprehensive Income	-130.14	-188.69	-175.97	-239.15	55.11
Retained Earnings	1,414	1,273	1,155	1,013	864.84
Shareholders' Equity	2,467	2,305	2,248	2,035	1,913
Total Liabilities & Equity	19,025	18,312	18,406	18,002	15,453
Total Debt	57.63	93.53	158.64	151.3	118.62
Net Cash (Debt)	-57.63	-93.53	-158.64	-151.3	-118.62
Net Cash Per Share	-1.00	-1.60	-2.67	-2.61	-2.20
Book Value	2,467	2,305	2,248	2,035	1,913
Book Value Per Share	42.73	39.38	37.78	35.11	35.43
Tangible Book Value	1,741	1,573	1,509	1,237	1,341
Tangible Book Value Per Share	30.16	26.88	25.36	21.35	24.85

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q