First Merchants Corporation FRME Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Northwest BancsharesNWBI

$2.01M+41.7%

Independent Bank CorpINDB

$2.64M+29.3%

First Mid Bancshares, Inc.FMBH

$1.54M+28.0%

HBT

HBT Financial, Inc.HBT

$206K+23.4%

F.N.B. CorporationFNB

$5M+25.0%

First Business Financial ServicesFBIZ

$757K+73.2%

FAQ

What is First Merchants Corporation's bank owned life insurance income?

First Merchants Corporation (FRME) reported bank owned life insurance income of $2.33M in Q2 2026.

How has First Merchants Corporation's bank owned life insurance income changed year-over-year?

First Merchants Corporation's bank owned life insurance income increased by 21.5% year-over-year, from $1.91M to $2.33M.

What is the long-term trend for First Merchants Corporation's bank owned life insurance income?

Over 4 years (2021 to 2025), First Merchants Corporation's bank owned life insurance income has grown at a 11.8% compound annual growth rate (CAGR), from $4.87M to $7.61M.

What does bank owned life insurance income mean?

This represents the tax-advantaged earnings generated from life insurance policies held by the bank on the lives of its employees or executives. It serves as a stable, non-interest income stream that helps offset the costs of employee benefit programs.