First Merchants Results Presentation Deck
Non-GAAP
CAPITAL RATIOS (dollars in thousands):
Total Risk-Based Capital Ratio (dollars in thousands)
Total Stockholders' Equity (GAAP)
Adjust for Accumulated Other Comprehensive (Income) Loss ¹
Less: Preferred Stock
Add: Qualifying Capital Securities
Less: Tier 1 Capital Deductions
Less: Disallowed Goodwill and Intangible Assets
Less: Disallowed Deferred Tax Assets
Add: Modified CECL Transition Amount
Total Tier 1 Capital (Regulatory)
Qualifying Subordinated Debentures
Allowance for Loan Losses includible in Tier 2 Capital
Total Risk-Based Capital (Regulatory)
Net Risk-Weighted Assets (Regulatory)
Total Risk-Based Capital Ratio (Regulatory)
Common Equity Tier 1 Capital Ratio
Total Tier 1 Capital (Regulatory)
Less: Qualified Capital Securities
Add: Additional Tier 1 Capital Deductions
Common Equity Tier 1 Capital (Regulatory)
Net Risk-Weighted Assets (Regulatory)
Common Equity Tier 1 Capital Ratio (Regulatory)
$
$
$
4Q21
$
1,912,571
(55,113)
(125)
46,606
$ 11,369,907 $
13.92%
(564,002)
(239)
34,542
1,374,240 $
65,000
143,241
1,582,481 $
1,374,240 $
(46,606)
1,327,634 $
11,369,907 $
11.68%
4Q22
First Merchants Corporation
Helping you prosper
2,034,770
239,151
(25,125)
25,000
(738,206)
(337)
23,028
1,558,281 $
143,103
180,870
1,882,254 $
14,392,671 $
13.08%
1,558,281
(25,000)
$
1,533,281 $
1Q23
2,122,448
198,914
(25,125)
25,000
(736,429)
(351)
11,514
1,595,971 $
143,118
182,308
1,921,397 $
14,524,959 $
13.23%
1,595,971 $
(25,000)
1,570,971 $
14,392,671 $ 14,524,959 $
10.65%
10.82%
2Q23
2,145,565
217,964
(25,125)
25,000
(734,666)
(258)
11,514
1,639,994 $
143,132
183,106
1,966,232 $
14,590,561 $
13.48%
1,639,994 $
(25,000)
1,614,994 $
14,590,561 $
11.07%
3Q23
2,092,644
307,270
(25,125)
25,000
(732,903)
(192)
11,514
1,678,208 $
143,147
184,046
2,005,401 $
14,683,329 $
13.66%
1,678,208 $
(25,000)
1,653,208 $
14,683,329 $
11.26%
4Q23
2,247,713
175,970
(25,125)
25,000
(731,315)
(131)
11,514
1,703,626
132,174
185,324
2,021,124
14,787,474
13.67%
1,703,626
(25,000)
1,678,626
14,787,474
11.35%
¹ Includes net unrealized gains or losses on securities available for sale, net gains or losses on cash flow hedges, and amounts resulting from the application of the applicable accounting guidance for defined
benefit and other postretirement plans.
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