First Merchants Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026, with the Securities and Exchange Commission on October 30, 2026, reporting consolidated financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Net interest income: $161,068 thousand for the three months ended September 30, 2026, compared with $133,665 thousand for the same period in 2025, according to the filing.
  • Total assets: $21,056,722 thousand as of September 30, 2026, up from $19,025,101 thousand as of December 31, 2025, the company disclosed.
  • Total loans: $15,600,974 thousand as of September 30, 2026, compared with $13,791,707 thousand at December 31, 2025, per the filing.
  • Provision for credit losses: $3,300 thousand for the three months ended September 30, 2026, and $41,200 thousand for the nine months ended September 30, 2026, the registrant reported.
  • Common shares outstanding: 62,676,988 as of October 27, 2026, and 62,210,134 shares issued and outstanding as of the balance sheet date, per the filing.
  • Merger agreement: The filing references an Agreement and Plan of Merger entered into on September 24, 2025, with First Savings Financial Group, Inc., under which First Savings would merge with and into the Corporation.

First Merchants Corporation Q3 2026 Financial Position and Income Overview

According to the filing, First Merchants Corporation (NASDAQ:FRME), headquartered at 200 East Jackson Street, Muncie, Indiana, reported total interest income of $263,947 thousand for the three months ended September 30, 2026, compared with $235,095 thousand for the three months ended September 30, 2025. Total interest expense for the same quarter was $102,879 thousand, resulting in net interest income of $161,068 thousand. For the nine months ended September 30, 2026, the company disclosed net interest income of $471,312 thousand, compared with $396,949 thousand for the nine months ended September 30, 2025.

The consolidated balance sheet as of September 30, 2026, showed total deposits of $16,928,932 thousand, consisting of $3,752,990 thousand in noninterest-bearing deposits and $13,175,942 thousand in interest-bearing deposits, the registrant reported. Total borrowings stood at $1,188,084 thousand. The allowance for credit losses on loans was $215,526 thousand as of September 30, 2026, compared with $195,597 thousand at December 31, 2025, according to the filing. Total stockholders' equity was reported at $2,636,381 thousand, including accumulated other comprehensive loss of $227,937 thousand.

The filing also discloses noninterest income items for the third quarter of 2026, including fiduciary and wealth management fees of $9,786 thousand, service charges on deposit accounts of $9,775 thousand, and net gains and fees on sales of loans of $7,428 thousand. Goodwill rose to $788,186 thousand as of September 30, 2026, from $712,002 thousand at December 31, 2025, reflecting changes the company attributed in part to the pending merger with First Savings Financial Group, Inc. The registrant is classified as a large accelerated filer.

What Was Disclosed

First Merchants Corporation filed its quarterly report covering the period ended September 30, 2026, disclosing consolidated balance sheet data, income statement results for the three- and nine-month periods, credit loss provisions, and information regarding a pending merger with First Savings Financial Group, Inc.