First Merchants Corporation (FRME) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash & Short Term Investments | 1.47B | 1.49B | 686.69M | 739.25M | 1.49B | 1.77B | 2B | 1.89B | 2.13B | 2.18B | 1.97B | 1.98B | 2.27B | 2.23B | 2.28B | 2.65B | 2.71B | 2.99B | 2.91B | 3.03B |
| Cash & Due from Banks | 98.08M | 84.16M | 256.79M | 304.91M | 417.65M | 386.51M | 443.85M | 273.9M | 511.01M | 548.73M | 473.81M | 328.45M | 478.51M | 248.66M | 299.13M | 349.26M | 543.54M | 641.3M | 538.71M | 606.46M |
| Short Term Investments | 1.37B | 1.41B | 429.9M | 434.34M | 1.07B | 1.39B | 1.55B | 1.62B | 1.62B | 1.63B | 1.5B | 1.65B | 1.79B | 1.98B | 1.98B | 2.3B | 2.16B | 2.34B | 2.37B | 2.43B |
| Total Investments | 1.37B | 1.41B | 16.8B | 16.51B | 16.26B | 16.14B | 16.16B | 16.24B | 16.06B | 16.11B | 15.81B | 15.97B | 16.09B | 16.05B | 15.74B | 15.81B | 13.65B | 13.58B | 13.29B | 13.09B |
| Investments Growth % | -91.56% | -91.28% | 3.96% | 1.7% | 1.27% | 0.18% | 2.22% | 1.68% | -0.16% | 0.36% | 0.42% | 1% | 17.81% | 18.2% | 18.43% | 20.8% | 6.48% | 10.75% | 10.28% | 9.36% |
| Long-Term Investments | 0 | 0 | 16.37B | 16.08B | 15.19B | 14.75B | 14.61B | 14.62B | 14.44B | 14.48B | 14.31B | 14.32B | 14.29B | 14.08B | 13.76B | 13.51B | 11.49B | 11.24B | 10.92B | 10.66B |
| Accounts Receivables | 97.03M | 93.37M | 89.1M | 93.26M | 88.35M | 91.83M | 92.06M | 97.55M | 92.55M | 97.66M | 90.01M | 89.78M | 85.52M | 85.07M | 71.61M | 68.73M | 56.08M | 57.19M | 53.08M | 54.17M |
| Goodwill & Intangibles | 824.47M | 725.8M | 727.3M | 728.8M | 730.3M | 731.83M | 733.6M | 735.37M | 737.14M | 739.1M | 741.28M | 743.47M | 745.65M | 747.84M | 750.71M | 753.65M | 569.49M | 570.86M | 572.32M | 573.79M |
| Goodwill | 782.79M | 712M | 712M | 712M | 712M | 712M | 712M | 712M | 712M | 712M | 712M | 712M | 712M | 712M | 712.57M | 713.2M | 545.38M | 545.38M | 545.38M | 545.38M |
| Intangible Assets | 41.68M | 13.8M | 15.3M | 16.8M | 18.3M | 19.83M | 21.6M | 23.37M | 25.14M | 27.1M | 29.28M | 31.46M | 33.65M | 35.84M | 38.15M | 40.45M | 24.11M | 25.48M | 26.94M | 28.4M |
| PP&E (Net) | 146.01M | 121.06M | 121.77M | 122.81M | 128.75M | 129.74M | 129.58M | 133.25M | 132.71M | 133.9M | 132.44M | 114.4M | 115.86M | 117.12M | 116.31M | 117.76M | 105.88M | 105.66M | 104.81M | 103.82M |
| Other Assets | 0 | 0 | 724.63M | 734.07M | 724.07M | 738.71M | 699.96M | 720.79M | 683.68M | 675.22M | 613.24M | 610.71M | 565.1M | 638.79M | 595.66M | 565.9M | 463.38M | 460.5M | 459.19M | 459.56M |
| Total Current Assets | 1.57B | 1.58B | 775.79M | 832.51M | 1.58B | 1.86B | 2.09B | 1.99B | 2.22B | 2.27B | 2.06B | 2.07B | 2.36B | 2.31B | 2.35B | 2.71B | 2.76B | 3.04B | 2.97B | 3.09B |
| Total Non-Current Assets | 1.09B | 925.52M | 18.04B | 17.76B | 16.86B | 16.45B | 16.26B | 16.31B | 16.09B | 16.13B | 15.93B | 15.9B | 15.82B | 15.69B | 15.36B | 15.07B | 12.7B | 12.41B | 12.09B | 11.84B |
| Total Assets | 21.07B | 19.03B | 18.81B | 18.59B | 18.44B | 18.31B | 18.35B | 18.3B | 18.32B | 18.41B | 18B | 17.97B | 18.18B | 17.94B | 17.72B | 17.78B | 15.47B | 15.45B | 15.06B | 14.92B |
| Asset Growth % | 14.28% | 3.89% | 2.53% | 1.58% | 0.67% | -0.51% | 1.95% | 1.86% | 0.76% | 2.61% | 1.57% | 1.06% | 17.55% | 16.08% | 17.65% | 19.15% | 5.72% | 9.85% | 9.63% | 7.99% |
| Return on Assets (ROA) | 0.14% | 0.3% | 0.3% | 0.31% | 0.3% | 0.35% | 0.27% | 0.22% | 0.26% | 0.23% | 0.31% | 0.34% | 0.35% | 0.4% | 0.36% | 0.23% | 0.31% | 0.31% | 0.35% | 0.38% |
| Accounts Payable | 0 | 0 | 18.24M | 16.17M | 13.3M | 16.1M | 18.09M | 18.55M | 19.26M | 18.91M | 16.47M | 13.6M | 11.98M | 7.53M | 4.97M | 2.98M | 3.59M | 2.76M | 3.74M | 2.93M |
| Total Debt | 1.64B | 999.93M | 1.18B | 1.16B | 1.34B | 1.16B | 1.08B | 1.17B | 861.65M | 1.03B | 1.02B | 1.03B | 1.15B | 1.31B | 1.17B | 1.04B | 597.33M | 634.25M | 636.3M | 599.64M |
| Net Debt | 1.55B | 915.78M | 921.07M | 856.17M | 925.4M | 771.68M | 637.24M | 900.07M | 350.64M | 480.05M | 550.77M | 698.82M | 675.46M | 1.07B | 875.43M | 687.37M | 53.8M | -7.05M | 97.59M | -6.81M |
| Long-Term Debt | 1.39B | 856.18M | 856.26M | 961.32M | 1.04B | 916.08M | 926.19M | 926.29M | 731.39M | 871.5M | 872.05M | 874.8M | 974.89M | 974.97M | 795.07M | 750.16M | 427.64M | 452.67M | 452.71M | 452.74M |
| Short-Term Debt | 259.46M | 143.75M | 321.6M | 199.76M | 307.95M | 242.1M | 154.89M | 247.68M | 130.26M | 157.28M | 152.54M | 152.47M | 179.09M | 338.97M | 379.48M | 286.47M | 169.7M | 181.58M | 183.59M | 146.9M |
| Other Liabilities | 16.75B | 7.77B | 333.15M | 270M | 289.25M | 311.07M | 580.9M | 329.3M | 327.5M | 289.03M | 216.37M | 200.82M | 187.22M | 263.21M | 197.97M | 192.37M | 150.75M | 170.99M | 203.91M | 245.32M |
| Total Current Liabilities | 259.46M | 7.93B | 15.21B | 15.01B | 14.78B | 14.78B | 14.54B | 14.78B | 15.03B | 15B | 14.82B | 14.75B | 14.89B | 14.73B | 14.82B | 14.86B | 13.08B | 12.92B | 12.54B | 12.35B |
| Total Non-Current Liabilities | 18.14B | 8.63B | 1.19B | 1.23B | 1.32B | 1.23B | 1.51B | 1.26B | 1.06B | 1.16B | 1.09B | 1.08B | 1.16B | 1.24B | 993.04M | 942.54M | 578.39M | 623.66M | 656.62M | 698.06M |
| Total Liabilities | 18.4B | 16.56B | 16.4B | 16.24B | 16.11B | 16.01B | 16.05B | 16.09B | 16.09B | 16.16B | 15.9B | 15.82B | 16.06B | 15.9B | 15.81B | 15.8B | 13.66B | 13.54B | 13.19B | 13.05B |
| Total Equity | 2.67B | 2.47B | 2.41B | 2.35B | 2.33B | 2.3B | 2.3B | 2.21B | 2.22B | 2.25B | 2.09B | 2.15B | 2.12B | 2.03B | 1.91B | 1.98B | 1.81B | 1.91B | 1.87B | 1.87B |
| Equity Growth % | 14.59% | 7.01% | 4.78% | 6.12% | 4.83% | 2.55% | 10.02% | 3.12% | 4.82% | 10.47% | 9.75% | 8.49% | 17.42% | 6.39% | 2.07% | 5.65% | 0.1% | 1.97% | 1.88% | 3.47% |
| Equity / Assets (Capital Ratio) | 12.68% | 12.97% | 12.82% | 12.63% | 12.65% | 12.59% | 12.55% | 12.09% | 12.15% | 12.21% | 11.63% | 11.94% | 11.68% | 11.34% | 10.76% | 11.12% | 11.69% | 12.38% | 12.4% | 12.54% |
| Return on Equity (ROE) | 1.1% | 2.34% | 2.38% | 2.43% | 2.39% | 2.79% | 2.18% | 1.8% | 2.14% | 1.96% | 2.66% | 2.85% | 3.08% | 3.59% | 3.28% | 2.06% | 2.61% | 2.53% | 2.82% | 3.02% |
| Book Value per Share | 43.81 | 42.94 | 41.99 | 40.64 | 40.04 | 39.57 | 39.50 | 37.93 | 37.53 | 37.74 | 35.17 | 36.09 | 35.71 | 34.26 | 32.13 | 32.86 | 33.71 | 35.64 | 34.62 | 34.55 |
| Tangible BV per Share | 30.29 | 30.31 | 29.33 | 28.03 | 27.50 | 27.01 | 26.91 | 25.32 | 25.10 | 25.33 | 22.71 | 23.59 | 23.16 | 21.67 | 19.48 | 20.34 | 23.09 | 25.00 | 24.01 | 23.96 |
| Common Stock | 7.81M | 7.12M | 7.15M | 7.16M | 7.23M | 7.25M | 7.26M | 7.26M | 7.32M | 7.43M | 7.42M | 7.41M | 7.41M | 7.4M | 7.39M | 7.38M | 6.68M | 6.68M | 6.69M | 6.75M |
| Additional Paid-in Capital | 1.37B | 1.15B | 1.16B | 1.16B | 1.18B | 1.19B | 1.19B | 1.19B | 1.21B | 1.24B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 987.4M | 985.82M | 988.66M | 1.01B |
| Retained Earnings | 1.42B | 1.41B | 1.38B | 1.34B | 1.31B | 1.27B | 1.23B | 1.2B | 1.18B | 1.15B | 1.13B | 1.1B | 1.06B | 1.01B | 961.54M | 917.31M | 897.82M | 864.84M | 832.73M | 795.67M |
| Accumulated OCI | -148.86M | -130.13M | -155.86M | -189.97M | -190.31M | -188.69M | -151.82M | -211.98M | -198.03M | -175.97M | -307.27M | -217.96M | -198.91M | -239.15M | -314.09M | -198.56M | -84.39M | 55.11M | 39.89M | 60.08M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 25.13M | 125K | 125K | 125K | 125K |