First Merchants Investor Presentation Deck slide image

First Merchants Investor 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) 3Q21 1,868,090 (39,889) (125) 46,546 (565,221) (1,005) 34,542 $ 1,342,938 $ $ 65,000 139,200 1,547,138 $ 1,342,938 $ (46,546) $ 11,037,663 $ 14,196,430 $ 14.02% 12.84% 1,296,392 $ $ 11,037,663 11.75% 3Q22 1,906,666 314,089 (25,125) 25,000 First Merchants Corporation Helping you prosper 1,501,611 $ (25,000) 1,476,611 $ 4Q22 (740,780) (738,206) (1,267) (337) 23,028 23,028 1,501,611 $ 1,558,281 $ 1,595,971 $ (736,429) (351) 11,514 143,089 178,490 1,823,190 $ 143,103 180,870 1,882,254 $ 143,118 182,308 1,921,397 $ 14,196,430 $ 10.40% 2,034,770 239,151 (25,125) 25,000 14,392,671 $ 13.08% 1,558,281 $ (25,000) 1,533,281 $ 1Q23 14,392,671 $ 10.65% 2,122,448 198,914 (25,125) 25,000 14,524,959 $ 13.23% 1,595,971 $ (25,000) 1,570,971 $ 14,524,959 $ 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% 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 the defined benefit and other postretirement plans. 29
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