First Merchants Investor Presentation Deck
Nonperforming Assets
Nonperforming Assets Roll Forward ($M)
1. Beginning Balance NPAs + 90PD
Nonaccrual
2. Add: New Nonaccruals
3.
4.
5. Less: Charge-offs
6. Nonaccrual Loans Change
Less: To Accrual or Payoff
Less: To OREO
Other Real Estate Owned (ORE)
7.
Add: New ORE Properties
8.
Less: ORE Sold
9. Less: ORE Losses (write-downs)
10. ORE Change
11. 90PD Change
12. Renegotiated Loans Change
13. NPAS +90PD Change
14. Ending Balance NPAS + 90PD
3Q22 4Q22 1Q23 2Q23 3Q23
$53.3 $50.9 $50.7 $61.4 $77.3
9.0
(10.7)
0.1
(0.9) (3.8)
(2.5) (1.2)
7.3 15.4 33.2 7.5
(8.6) (8.3) (2.5)
(4.8)
0.1 (1.4)
(0.2)
(1.1) (2.3) (20.9)
4.3 22.6 (16.1)
0.1
0.1
1.4
(0.1) (0.1) (0.1) (0.1)
1.
0.1
|
1.3 (0.1)
(1.2)
5.3 (6.6) (0.3)
(0.2)
(2.4) (0.2) 10.7 15.9 (17.6)
$50.9 $50.7 $61.4 $77.3 $59.7
1.0
0.2
(1.4)
First Merchants Corporation
Helping you prosper
Nonaccrual Migration:
$17.6 million reduction in NPAs and 90 day past due
$7.5 million in new nonaccruals. Largest loan
was a $1.2 million automotive parts manufacturer
$1.1 million OREO property sold this quarter
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Highlights
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90 days PD reduced $0.3 million
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