Call reports 2024
FIRST MERCHANTS BANK — 2024
What FIRST MERCHANTS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 18,306,406,000 | 18,292,298,000 | 18,335,693,000 | 18,299,135,000 |
| Total loans | 12,480,700,000 | 12,671,942,000 | 12,687,460,000 | 12,873,022,000 |
| Allowance for loan losses | 204,681,000 | 189,537,000 | 187,828,000 | 192,757,000 |
| Securities available for sale | 1,620,209,000 | 1,618,889,000 | 1,553,492,000 | 1,386,471,000 |
| Securities held to maturity | 2,163,606,000 | 2,134,440,000 | 2,108,894,000 | 2,074,465,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,956,079,000 | 14,623,477,000 | 14,441,602,000 | 14,588,622,000 |
| Interest-bearing deposits | 12,546,220,000 | 12,265,757,000 | 12,030,903,000 | 12,196,047,000 |
| Noninterest-bearing deposits | 2,409,860,000 | 2,357,720,000 | 2,410,699,000 | 2,392,575,000 |
| Equity capital | 2,257,109,000 | 2,236,535,000 | 2,304,479,000 | 2,315,701,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 235,900,000 | 472,281,000 | 713,365,000 | 948,006,000 |
| Interest expense | 106,227,000 | 212,683,000 | 321,243,000 | 420,089,000 |
| Net interest income | 129,673,000 | 259,598,000 | 392,122,000 | 527,917,000 |
| Noninterest income | 26,778,000 | 57,558,000 | 90,782,000 | 144,830,000 |
| Noninterest expense | 95,152,000 | 183,898,000 | 275,699,000 | 369,792,000 |
| Provision for loan losses | 2,000,000 | 26,500,000 | 31,500,000 | 37,200,000 |
| Pretax income | 59,297,000 | 106,707,000 | 166,540,000 | 246,498,000 |
| Income tax | 7,836,000 | 12,734,000 | 20,684,000 | 33,638,000 |
| Net income | 51,461,000 | 93,973,000 | 145,856,000 | 212,860,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,723,518,000 | 1,718,364,000 | 1,727,585,000 | 1,776,738,000 |
| Total capital | 1,909,328,000 | 1,908,231,000 | 1,917,113,000 | 1,967,738,000 |
| Risk-weighted assets | 14,832,683,000 | 15,174,924,000 | 15,145,713,000 | 15,261,118,000 |