First Merchants Investor Presentation Deck
Loan Portfolio Insights (continued)
Balance:
Commitment:
# of loans:
% of Total Loans:
Average Loan Balance:
Top 10 Avg. Loan Com:
Total Loans
$12.3
Billion
Commercial Real Estate (Non-Owner Occupied) ($M)
Multi-
Family
Office % Total Loans
$678.6
$717.6
468
5.6%
$1.5
$18.2
Industrial
$388.0
$374.5
$259.8
$400.4
$380.8
$265.8
492
324
219
3.1%
3.0%
2.1%
$0.8
$1.2
$1.2
$8.6
$9.9
$11.2
Office (Non-Owner Occupied) ($M)
Office Type
Non-Office
CRE (NOO),
17.1%
Office
CRE
2.1%
First Merchants Corporation
Helping you prosper
Retail
Office
General Office
Medical
Mixed
Government
Other
Office Tenant Classification
Multi Tenant
Single Tenant
Michigan
Indiana
Ohio
$124.9
71.6
26.7
21.1
15.5
Oklahoma
Illinois
Other
Office Geographic
157.9
101.9
Warehouse
/ Storage
$240.8
$255.9
101
2.0%
$2.4
$14.8
90.5
66.6
36.6
25.0
24.0
17.1
Hotel
$153.6
$154.1
32
1.2%
$4.8
$12.2
Other
Over 5
yrs.
53.8%
$265.3
$298.0
132
2.2%
$2.0
$16.3
Office - Maturities
<= 1
6.4%
Total CRE
(NOO)
$2,360.6
$2,472.6
Office
Maturities
$259.8
Million
1,768
19.2%
$1.3
$23.4
1-3 yrs.
21.5%
3-5 yrs.
18.3%
▪ Top 10 loans are 41% of total office with
WALTV of ~60% at origination
Largest NOO Office $25 million, medical office,
39% LTV
▪ 2nd largest $19 million, 40% owner occupied
20View entire presentation