First Merchants Results Presentation Deck
Loan Portfolio Insights
Manufacturing
Other Admin Services
Investment CRE
■
Wholesale Trade
Retail Trade
Finance & Insurance
Professional Service
Construction
Transp./Warehouse
Specialty Trade
6.2%
5.8%
5.6%
4.6%
3.9%
C&I
10.2%
9.8%
9.6%
6%
19.4%
Top Industries
% of C&I loans
C&I Includes commercial and
industrial, sponsor and owner-
occupied real estate loans
▪ $604 million in Shared National Credits
■
$64.6 million of SBA guaranteed loans
$0 dollars in operating leases
Line utilization Q2'23 at 41.7% and has been in the range
of 41% for three quarters. Line commitments increased
$162 million this quarter.
Commercial
Home Equity / Other Consumer
▪ >95% of $615 million in consumer loans had a credit
score exceeding 669 at origination
(excludes ~22% of loans where origination data is unavailable)
First Merchants Corporation
Helping you prosper
■
$798 million to 80 companies
▪ Senior Debt/Adj. EBITDA <3.0X ~ 68%
Total Debt/Adj. EBITDA < 4.0X ~ 80%
■ FCCR > 1.50X ~ 68%
~3.8% Classified
■
■
Mortgage & Consumer
C&I - Sponsor Finance
Construction Finance
■ $158 million Residential Real Estate Construction
$792 million Commercial Real Estate Construction & Land
% CRE
Balance Commit. Constr/Land
$476
$787
84
125
69
17
9
■
($M)
Multi-Family
Industrial
Self Storage
Office - Medical
Office General
78
23
29
60.0%
10.7%
8.7%
2.1%
1.1%
Residential Mortgage
$269 million residential mortgage secured, related to
commercial loan relationships
$2.0 billion residential mortgage loans
> 93% of $1.8 billion in residential portfolio loans
had a credit score at origination exceeding 669
(excludes ~10% of residential loans where origination data is unavailable)
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