Call reports 2023
FIRST MERCHANTS BANK — 2023
What FIRST MERCHANTS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 18,164,976,000 | 17,953,798,000 | 17,981,413,000 | 18,299,229,000 |
| Total loans | 12,250,869,000 | 12,297,530,000 | 12,302,394,000 | 12,504,961,000 |
| Allowance for loan losses | 223,052,000 | 221,147,000 | 205,782,000 | 204,934,000 |
| Securities available for sale | 1,788,839,000 | 1,646,097,000 | 1,495,361,000 | 1,627,108,000 |
| Securities held to maturity | 2,263,426,000 | 2,240,374,000 | 2,213,833,000 | 2,184,497,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,766,101,000 | 14,659,551,000 | 14,737,733,000 | 14,922,310,000 |
| Interest-bearing deposits | 11,738,932,000 | 11,945,138,000 | 12,091,592,000 | 12,321,391,000 |
| Noninterest-bearing deposits | 3,027,169,000 | 2,714,413,000 | 2,646,141,000 | 2,600,919,000 |
| Equity capital | 2,201,983,000 | 2,207,787,000 | 2,143,339,000 | 2,291,788,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 206,349,000 | 427,664,000 | 656,749,000 | 893,692,000 |
| Interest expense | 59,903,000 | 141,023,000 | 234,275,000 | 338,322,000 |
| Net interest income | 146,446,000 | 286,641,000 | 422,474,000 | 555,370,000 |
| Noninterest income | 26,230,000 | 53,807,000 | 82,693,000 | 110,675,000 |
| Noninterest expense | 91,967,000 | 182,462,000 | 274,485,000 | 379,832,000 |
| Provision for loan losses | 0 | 0 | 5,000,000 | 7,300,000 |
| Pretax income | 79,138,000 | 155,023,000 | 224,069,000 | 276,061,000 |
| Income tax | 12,453,000 | 24,312,000 | 34,415,000 | 39,935,000 |
| Net income | 66,685,000 | 130,711,000 | 189,654,000 | 236,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,673,925,000 | 1,700,604,000 | 1,727,271,000 | 1,746,299,000 |
| Total capital | 1,856,440,000 | 1,883,905,000 | 1,911,504,000 | 1,931,810,000 |
| Risk-weighted assets | 14,531,617,000 | 14,597,216,000 | 14,691,030,000 | 14,796,189,000 |