First Merchants Investor 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
3Q22
1Q23
2Q23
3Q23
$ 2,703 $2,827 $ 2,831 $ 2,733 $ 2,662
630
674
798
829
1,266
1,244
1,242
1,180
1,154
829
836
961
950
1,022
2,299
2,407
2,375
2,380
2,360
222
242
220
230
234
915
933
959
964
967
8,864
9,101 9,262 9,235
9,228
2,014
2,103
2,195
2,276
2,286
622
631
621
614
609
175
178
173
173
179
2,811
2,912
2,989
3,063
3,074
$11,675 $12,013 $12,251 $12,298 $12,302
4Q22
612
¹Adjusted for the sale of non-relational, term loan B loans of $116 million during the 2nd quarter.
First Merchants Corporation
Helping you prosper
3Q23 Highlights
▪ C&I - Sponsor Finance up $31 million
Construction/Land/Land Dev. up $72 million
■
Loan growth of $744 million or 6.4%¹
▪ Balanced commercial loan growth - $481 million¹
C&I - Regional Banking - $76 million ¹
• C&I - Sponsor Finance - $199 million
CRE/Constr/Land/Land Dev. - $193 million
• CRE NOO - $61 million
●
●
▪ Total Resi Mtg & Cons. - $263 million
●
IL
6.3%
Year Over Year Highlights
OH
13.6%
Mortgage growth of $272 million, primarily
from portfolio ARM strategy
Other
15.4%
MI
20.8%
IN
43.9%
Geography
84.6% of borrowers
within four
state Midwest
geography
18View entire presentation