First Merchants Results Presentation Deck
Loan Portfolio
1.C&I - Regional Banking
2.C&I - Sponsor Finance
3.CRE Owner Occupied
Loan Portfolio Trends ($M)
4.Construction/Land/Land Dev.
5.CRE Non-Owner Occupied
6.Agricultural
7.Public Finance/Other Commercial
8.Total Commercial Loans
9. Residential Mortgage
10. Home Equity
11.Other Consumer
12. Total Resi Mortgage & Consumer
13.Total Loans
4Q22
1Q23
2Q23 3Q23
4Q23
$ 2,827 $ 2,831 $ 2,733 $ 2,662 $ 2,876
612
674
798
829
795
1,244
1,242
961
1,180
950
1,154 1,162
1,022
836
958
2,407
2,375 2,380 2,360 2,401
242
220
230
234
263
933
959
964
967
956
9,262 9,235
9,228 9,411
9,101
2,103
2,195 2,276
2,286 2,304
631
621
614
609
618
178
173
173
179
172
2,912 2,989 3,063 3,074 3,094
$ 12,013 $12,251 $ 12,298 $ 12,302 $ 12,505
First Merchants Corporation
Helping you prosper
4Q23 Highlights
C&I- Regional Banking up $214 million
▪ CRE NOO (Investment) up $41 million
■
Year End 2023 Highlights
Loan growth of $608.6 million or 5.1% ¹
▪ Balanced commercial loan growth - $426
million ¹
C&I - Regional Banking - $165 million¹
C&I - Sponsor Finance - $183 million
Constr/Land/Land Dev. - $122 million
▪ Total Resi Mtg & Cons. - $182 million
IL
6.5%
OH
14.0%
●
●
¹Adjusted for the sale of non-relationship, term loan B loans of
$116 million during the 2nd quarter
Geography
Other
14.6%
MI
20.4%
85.4% of borrowers
within four state
IN
44.5%
Midwest
geography
18View entire presentation