Skip to content
Screener

First Merchants Corporation FRME Payment for Affordable Housing Program Obligation by Federal Home Loan Bank

Payment for Affordable Housing Program Obligation by Federal Home Loan Bank at other companies

LCNB logo
LCNBLCNB
$925K+66.7%
CB Financial Services logo
CB Financial ServicesCBFV
$883K+149%
Park National logo
Park NationalPRK
$2.79M+6.2%
LCNB logo
LCNBLCNB
$925K+66.7%
CB Financial Services logo
CB Financial ServicesCBFV
$883K+149%
CB Financial Services logo
CB Financial ServicesCBFV
$883K+149%

Other financials

Income statement

See full
Revenue$196.1M+19.3%
Net income$44.0M-22.6%
EPS (diluted)$0.70-28.6%

Balance sheet

See full
Cash & equivalents$98.1M+13.9%
Total debt$1.6B+22.5%
Total equity$2.7B+14.9%
Total assets$21.3B+14.8%

Cash flow

See full
Operating cash flow$58.6M-5.0%

Valuation

See full
Market cap$2.67B+23.6%
P/E14.4×+4.8×
P/S3.9×+0.6×

Profitability

See full
Net margin26.9%-7.4pp

Returns & leverage

See full
Return on equity7.4%-2.5pp
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:PaymentsForAffordableHousingPrograms.

The source filing: First Merchants Corporation’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000712534-26-000035
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Purchases of Federal Home Loan Bank stock(3,316)
Redemptions of Federal Home Loan Bank stock40
Redemptions of Federal Reserve Bank stock1,862
Payment of capital calls to qualified affordable housing investments(13,135)(12,213)
Net change in loans10,653(139,975)
Net cash and cash equivalents paid in acquisition(7)
Proceeds from the sale of other real estate owned728228
Proceeds from life insurance benefits4,2722,167

ITEM 1. CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

FAQ

What is First Merchants Corporation's payment for affordable housing program obligation by federal home loan bank?
First Merchants Corporation (FRME) reported payment for affordable housing program obligation by federal home loan bank of $13.14M in Q1 2026.
How has First Merchants Corporation's payment for affordable housing program obligation by federal home loan bank changed year-over-year?
First Merchants Corporation's payment for affordable housing program obligation by federal home loan bank increased by 7.5% year-over-year, from $12.21M to $13.14M.
What is the long-term trend for First Merchants Corporation's payment for affordable housing program obligation by federal home loan bank?
Over 4 years (2021 to 2025), First Merchants Corporation's payment for affordable housing program obligation by federal home loan bank has grown at a 115.3% compound annual growth rate (CAGR), from $2.24M to $48.01M.
What does payment for affordable housing program obligation by federal home loan bank mean?
This reflects cash payments made by the bank to support affordable housing initiatives, often as part of regulatory requirements or community reinvestment obligations. It represents a social-impact-driven capital allocation that is essential for maintaining community banking compliance.

Ask your AI about First Merchants Corporation's payment for affordable housing program obligation by federal home loan bank.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude