First Merchants Results Presentation Deck
Noninterest Income Highlights
4Q23 Noninterest Income Detail ($M)
Service Charges
$7.7
25%
Gain on
Sale of Loans
$4.1
13%
Card
Payment Fees
$4.4
14%
$26.4M
Total
Wealth
Management
$8.2
26%
Gain (Loss) on
Sale of Securities
Other $0.2
1%
($0.2)
-1%
Other
Customer Fees
($2.3)
-7%
Derivative
Hedge Fees
$1.1
3%
BOLI
$3.2
10%
Highlights
▪ Customer-related fees totaling $25.7 million for 4Q23,
decreased $0.8 million from 3Q23 driven primarily by lower
gains on the sales of mortgage loans
First Merchants Corporation
Helping you prosper
Non-customer related fees include a $1.5 million BOLI gain,
losses of $2.3 million on sale of $43 million of available-for-sale
securities, and $1.0 million write-down of CRA investments
Fee Income / Revenue
13.4%
$24.1M
$2.9
$4.5
$7.1
$2.1
$7.5
Noninterest Income Trends ($M)
4Q22
14.2%
$25.0M
$2.1
Wealth
Management
$5.2
$7.4
$2.4
$7.9
1Q23
Gain on
Sale of Loans
15.5%
$26.3M
$3.0
$4.5
$7.8
$3.6
$7.4
2Q23
Service
Charges
16.6%
$27.8M
$2.2
$4.7
$8.0
$5.5
$7.4
3Q23
■Card
Payment Fees
16.3%
$26.4M
$2.0
$4.4
$7.7
$4.1
$8.2
4Q23
Other
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