First Merchants Results Presentation Deck
Non-Interest Income Highlights
2Q23 Non-Interest Income Detail ($M)
Service Charges
$7.8
27%
Gain on
Sale of Loans
$3.6
12%
$26.3M
Total
Wealth
Management
$7.4
25%
Card
Payment Fees
$4.5
16%
Gain (Loss) on
Sale of Securities
Other
$0.8
3%
($1.4)
-5%
Derivative
Hedge Fees
$0.7
2%
Other
Customer Fees
$0.8
3%
BOLI
$2.1
7%
Highlights
▪ Customer-related fees totaling $24.8 million for 2Q23,
increased $0.3 million from 1Q23 driven primarily by higher
gains on the sales of mortgage loans
First Merchants Corporation
Helping you prosper
▪ Losses of $1.4 million recognized on the sale of $101 million
of available-for-sale securities
Fee Income / Revenue
17.3%
$28.3M
$4.6
$5.2
$7.7
$3.2
$7.6
Non-Interest Income Trends ($M)
2022
16.8%
$29.6M
Wealth
Management
$7.9
$4.8
$7.2
$2.5
$7.2
3Q22
Gain on
Sale of Loans
13.4%
$24.1M
$2.9
$4.5
$7.1
$2.1
$7.5
4Q22
Service
Charges
14.2%
$25.0M
$2.1
$5.2
$7.4
$2.4
$7.9
1Q23
Card
Payment Fees
15.5%
$26.3M
$3.0
$4.5
$7.8
$3.6
$7.4
2Q23
■ Other
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