First Merchants Corporation filings document a financial holding-company disclosure record centered on First Merchants Bank, Nasdaq-listed common stock under FRME, and depositary shares representing Series A non-cumulative perpetual preferred stock under FRMEP. Form 8-K reports cover quarterly operating results, earnings-call exhibits, common and preferred dividend declarations, board changes, compensation-plan actions, and completed merger activity.
Proxy materials describe shareholder voting matters, director elections, board structure, executive compensation, equity awards, and governance practices. Merger-related and capital-structure disclosures record share conversion terms, preferred-stock dividend mechanics, director compensation, and related exhibits for material corporate events.
First Merchants Corporation filed a prospectus/proxy for an all‑stock merger with First Savings Financial Group, exchanging 0.85 FRME share per FSFG share. Based on FRME prices, the implied value was $33.60 per FSFG share on September 24, 2025 and $31.45 on October 15, 2025. The market value of aggregate consideration was approximately $235.2 million and $220.5 million on those dates, respectively.
Assuming 7,000,558 FSFG shares at closing, FRME expects to issue about 5,950,474 shares. Cash will be paid in lieu of fractional shares, and FSFG options will vest then be cancelled for cash based on the exchange ratio and a 10‑day FRME VWAP. The Merger is intended to qualify as a tax‑free reorganization under Section 368(a).
FSFG shareholders will vote on December 19, 2025; approval requires a majority of outstanding shares, and there are no dissenters’ rights. No FRME vote is required. Regulatory approvals from the Indiana DFI, FDIC, and potentially the Federal Reserve are needed. A $10,000,000 termination fee may apply under certain conditions. Closing is expected in Q1 2026, creating a company with 127 branches and about $21.1 billion in assets.
First Merchants Corp (FRME): Officer Jacob Burkett reported an insider sale. On 11/04/2025, he sold 5,689 shares of common stock at $35.55 per share. Following the transaction, he beneficially owns 27,752.586 shares directly and 3,599.291 shares indirectly through a 401(k) plan. The direct total includes Restricted Stock Awards totaling 21,634.835 shares. Burkett is listed as Chief Information Officer and Senior Vice President.
First Merchants Corporation reported solid third‑quarter results. Net income reached $56.8 million, and diluted EPS was $0.98, up from $0.84 a year ago. Net interest income was $133.7 million versus $131.1 million, while the provision for credit losses declined to $4.3 million from $5.0 million, supporting earnings.
Fee businesses contributed meaningfully: noninterest income rose to $32.5 million from $24.9 million on steady service charges, fiduciary fees, and higher mortgage‑related gains. Expenses were contained at $96.6 million versus $94.6 million, reflecting disciplined cost control.
The balance sheet expanded. Loans were $13.59 billion and deposits were $14.87 billion. Total assets were $18.81 billion. Stockholders’ equity rose to $2.41 billion, and accumulated other comprehensive loss improved to $(155.9) million from $(188.7) million at year‑end. The company paid a common dividend of $0.36 per share in the quarter. As of October 27, 2025, common shares outstanding were 57,825,020. The glossary notes a Merger Agreement with First Savings Financial Group with an exchange ratio of 0.85 share of First Merchants stock.
First Merchants Corporation announced it furnished a press release reporting third-quarter results for the period ended September 30, 2025. The company will host an earnings conference call and webcast on October 23, 2025 at 9:00 a.m. ET. The press release is provided as Exhibit 99.1 and the slide presentation for the call as Exhibit 99.2. The furnished materials are not deemed “filed” for purposes of Section 18 of the Exchange Act and will only be incorporated by reference if expressly stated.
First Merchants Corp (FRME) filed a Form 13F Holdings Report, confirming its quarterly institutional equity holdings disclosure. The filing lists 523 reportable positions on the Form 13F Information Table with an aggregate reported value of $2,652,618,673 (rounded to the nearest dollar). The report includes 0 other included managers, indicating First Merchants filed independently for these holdings.
The report is signed by Kimbra Edwards, Private Wealth Operations, Manager, in Muncie, IN, dated 10-03-2025. This is an administrative disclosure of portfolio holdings, not an earnings or transaction announcement.
First Merchants Corporation announced a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is $46.88 per preferred share, equivalent to $0.4688 per depositary share, payable on November 14, 2025 to stockholders of record on October 31, 2025.
The company furnished a press release as Exhibit 99.1. Common stock (FRME) and preferred depositary shares (FRMEP) trade on Nasdaq.
Summary: This registration statement/proxy relates to a proposed merger of First Merchants Corporation and First Savings Financial Group, Inc. under an Agreement and Plan of Merger dated September 24, 2025. The boards approved an exchange ratio of 0.85 shares of First Merchants for each First Savings share (Piper Sandler provided a fairness opinion). The filing discloses estimated pre-tax Merger-related expenses of approximately $17.2 million, projected pre-tax annual cost savings of approximately $15.8 million phased to full realization in 2027, and estimated one-time restructuring charges of about $29.0 million. Pro forma and historical financial tables are included, showing combined assets and pro forma per-share metrics. The filing notes regulatory waiting periods and that IRS rulings are not requested; tax opinions will be obtained and do not bind the IRS. Several shareholder proposals are non-binding, including a Merger-Related Compensation advisory vote.
Jean L. Wojtowicz, a director of First Merchants Corp (FRME), reported an insider purchase on 09/30/2025. The filing shows the acquisition of 828 shares of common stock at a reported price of $37.70 per share. After the reported transaction the filing lists 62,860.599 shares beneficially owned by the reporting person, and notes that this total includes 10,035 restricted stock award shares. The Form 4 was filed as a single reporting-person filing and signed with a confirming statement dated 10/02/2025.
Jason R. Sondhi, a director of First Merchants Corp (FRME), reported an open-market purchase of company stock. The Form 4 shows a transaction on 09/30/2025 acquiring 621 shares at a reported price of $37.7 per share. After the transaction the filing reports 8,306 shares beneficially owned directly and an indirect holding of 489.427 attributed to a spouse IRA. The filing also discloses that the direct total includes 7,822 restricted stock awards. The Form 4 was filed as a single reporting person filing and bears a confirming signature dated 10/02/2025.
Michael C. Rechin, a Director of First Merchants Corp (FRME), reported a purchase of company common stock on 09/30/2025. The filing shows a non-derivative acquisition of 642 shares at a reported price of $37.70 per share. After the purchase, the reporting person’s total direct beneficial ownership is listed as 88,598.867 shares, plus 5,120.073 shares held indirectly through a 401(k). The filing also discloses Restricted Stock Awards totaling 7,876 shares included in the ownership count. The Form 4 was signed as a confirming statement on 10/02/2025.