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First Merchants Corporation FRME Federal Home Loan Bank Borrowings

Federal Home Loan Bank Borrowings at other companies

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$10.28M-66.3%
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Other financials

Income statement

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Revenue$157.1M-2.0%
Net income$28.2M-49.1%
EPS (diluted)$0.45-52.1%

Balance sheet

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Cash & equivalents$98.1M+13.9%
Total debt$1.6B+22.5%
Total equity$2.7B+14.6%
Total assets$21.1B+14.3%

Cash flow

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Operating cash flow$58.6M-5.0%

Valuation

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Market cap$2.64B+3.7%
Enterprise value$4.19B+10.4%
P/E13.3×+1.1×
P/S+0.1×

Profitability

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Net margin30.1%-1.8pp

Returns & leverage

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Return on equity7.9%-1.2pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by First Merchants Corporation in its filing.

Tagged under the XBRL concept us-gaap:AdvancesFromFederalHomeLoanBanks.

The official record: First Merchants Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Merchants Corporation's federal home loan bank borrowings?
First Merchants Corporation (FRME) reported federal home loan bank borrowings of $1.3B in Q1 2026.
How has First Merchants Corporation's federal home loan bank borrowings changed year-over-year?
First Merchants Corporation's federal home loan bank borrowings increased by 33.6% year-over-year, from $972.48M to $1.3B.
What is the long-term trend for First Merchants Corporation's federal home loan bank borrowings?
Over 5 years (2020 to 2025), First Merchants Corporation's federal home loan bank borrowings has grown at a 15.4% compound annual growth rate (CAGR), from $389.43M to $798.55M.
What does federal home loan bank borrowings mean?
These are secured advances obtained from the Federal Home Loan Bank system, typically collateralized by mortgage loans or other eligible securities. This serves as a vital wholesale funding tool to manage liquidity needs and support loan growth when deposit funding is insufficient. Monitoring these borrowings helps investors understand the bank's reliance on external wholesale funding versus core customer deposits.