FinObservatory

SEC filings / CIK 712534

FIRST MERCHANTS CORP

National commercial banks, IN. 15 10-K filer-years in this dataset, the most recent for FY2025, filed Feb 25, 2026. Every figure below is as filed by the company and untouched: FinObservatory has not restated, rescaled or corrected anything, and a blank is a fact the filing does not tag, not a zero.

This is the SEC holding company, identified by its Central Index Key. It is not the insured bank subsidiary that appears in /banks and /deposits, which are FDIC call-report entities on a different consolidation. Nothing here should be compared line for line with those.

Held-to-maturity gap against reported equity

The fair value of the held-to-maturity book minus its carrying amount, divided by the stockholders’ equity the same filing reports. Years marked n/a are years in which the filing does not tag one of the three.

-20-15-10-505FY2011: HTM fair value less carrying amount, +2.8% of reported stockholders’ equityFY2012: HTM fair value less carrying amount, +3.1% of reported stockholders’ equityFY2013: HTM fair value less carrying amount, +0.2% of reported stockholders’ equityFY2014: HTM fair value less carrying amount, +2.3% of reported stockholders’ equityFY2015: HTM fair value less carrying amount, +1.6% of reported stockholders’ equityFY2016: HTM fair value less carrying amount, +0.5% of reported stockholders’ equityFY2017: HTM fair value less carrying amount, +0.6% of reported stockholders’ equityFY2018: HTM fair value less carrying amount, -0.1% of reported stockholders’ equityFY2019: HTM fair value less carrying amount, +1.2% of reported stockholders’ equityFY2020: HTM fair value less carrying amount, +2.8% of reported stockholders’ equityFY2021: HTM fair value less carrying amount, +1.2% of reported stockholders’ equityFY2022: HTM fair value less carrying amount, -18.6% of reported stockholders’ equityFY2023: HTM fair value less carrying amount, -14.0% of reported stockholders’ equityFY2024: HTM fair value less carrying amount, -15.2% of reported stockholders’ equityFY2025 (partial): HTM fair value less carrying amount, -10.3% of reported stockholders’ equity111213141516171819202122232425Fiscal year of the 10-K% of reported stockholders’ equity

The gap is computable for 15 of this company’s 15 filings.

Source: SEC Financial Statement Data Sets, US Securities and Exchange Commission, Division of Economic and Risk Analysis. Facts as filed: uncleaned, unrestated, not audited by FinObservatory. Selection: consolidated USD balance-sheet instants at each filing's own period end, from this company's 10-K submissions with prevrpt = 0. Methodology

Filing history, as filed

FYFiledAssetsDepositsEquityAOCIHTM carryingHTM fair valueGap, % of equityCustom facts
2025pFeb 25, 2026$19.03bn$15.29bn$2.47bn-$130.1m$1.97bn$1.72bn-10.3%10.7%
2024Feb 24, 2025$18.31bn$14.52bn$2.30bn-$188.7m$2.07bn$1.72bn-15.2%12.0%
2023Feb 29, 2024$18.41bn$14.82bn$2.25bn-$176.0m$2.18bn$1.87bn-14.0%10.3%
2022Mar 1, 2023$17.94bn$14.38bn$2.03bn-$239.2m$2.29bn$1.91bn-18.6%9.8%
2021Mar 1, 2022$15.45bn$12.73bn$1.91bn$55.1m$2.18bn$2.20bn+1.2%9.7%
2020Mar 1, 2021$14.07bn$11.36bn$1.88bn$74.8m$1.23bn$1.28bn+2.8%8.1%
2019Feb 28, 2020$12.46bn$9.84bn$1.79bn$27.9m$806.0m$827.6m+1.2%8.7%
2018Feb 27, 2019$9.88bn$7.75bn$1.41bn-$21.4m$490.4m$489.2m-0.1%7.9%
2017Mar 1, 2018$9.37bn$7.17bn$1.30bn-$2.9m$560.7m$568.2m+0.6%6.7%
2016Mar 1, 2017$7.21bn$5.56bn$901.7m-$13.6m$607.6m$611.9m+0.5%7.3%
2015Feb 29, 2016$6.76bn$5.29bn$850.5m-$1.4m$618.6m$632.4m+1.6%8.2%
2014Feb 27, 2015$5.82bn$4.64bn$726.8m-$1.6m$631.1m$647.7m+2.3%7.7%
2013Mar 14, 2014$5.44bn$4.23bn$634.9m-$6.4m$559.4m$560.8m+0.2%6.6%
2012Mar 15, 2013$4.30bn$3.35bn$552.2m-$5.5m$361.0m$378.2m+3.1%6.5%
2011Mar 15, 2012$4.17bn$3.13bn$514.5m-$3.6m$427.9m$442.5m+2.8%7.2%

ext marks a carrying amount tagged with a company-invented element. p marks FY2025, which the dataset’s filing window (closing Mar 31, 2026) leaves incomplete across filers. “Custom facts” is the share of that filing’s consolidated facts carrying a company-invented tag, in any unit.

Source: SEC Financial Statement Data Sets, US Securities and Exchange Commission, Division of Economic and Risk Analysis. Facts as filed: uncleaned, unrestated, not audited by FinObservatory. Selection: this company's 10-K submissions with prevrpt = 0, one per fiscal year by latest filed date; consolidated USD instants at each filing's period end. Dollar columns are raw US dollars. Methodology

What this page cannot tell you

  • A blank in the held-to-maturity columns means the filing does not tag that fact on the consolidated face. It does not mean the company holds no held-to-maturity securities, and this dataset cannot distinguish the two.
  • A held-to-maturity gap is not a realised loss. Held to maturity, the securities pay par. The gap measures how far the reported equity sits from a mark-to-market equity, which becomes a solvency question only if the book must be sold.
  • AOCI is not the held-to-maturity mark. It bundles available-for-sale marks, hedge marks, pension and translation, net of tax. Do not add the two columns.
  • Every value is as filed. A scale error, sign error or mis-tag by the company is reproduced here exactly as the company made it.

Pages exist for the 650 bank and thrift holding companies with at least one 10-K from FY2015 onward, out of 900 with a 10-K anywhere in the dataset.