XML 67 R53.htm IDEA: XBRL DOCUMENT
v3.20.4

Regulatory Capital and Dividends (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Banking and Thrift, Interest [Abstract] |
Schedule of Actual and Required Capital Amounts and Ratios |
|  |  |  |  | Prompt Corrective Action Thresholds
| Actual |  | Basel III Minimum Capital Required |  | Well Capitalized
December 31, 2020 | Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio
Total risk-based capital to risk-weighted assets |  |  |  |  |  |  |  |  |  |  |
First Merchants Corporation | $ | 1,475,551 |  |  | 14.36 | % |  | $ | 1,079,015 |  |  | 10.50 | % |  | N/A |  | N/A
First Merchants Bank | 1,412,805 |  |  | 13.70 |  |  | 1,082,430 |  |  | 10.50 |  |  | $ | 1,030,886 |  |  | 10.00 | %
Tier 1 capital to risk-weighted assets |  |  |  |  |  |  |  |  |  |  |
First Merchants Corporation | $ | 1,282,070 |  |  | 12.48 | % |  | $ | 873,488 |  |  | 8.50 | % |  | N/A |  | N/A
First Merchants Bank | 1,283,922 |  |  | 12.45 |  |  | 876,253 |  |  | 8.50 |  |  | $ | 824,708 |  |  | 8.00 | %
Common equity tier 1 capital to risk-weighted assets |  |  |  |  |  |  |  |  |  |  |
First Merchants Corporation | $ | 1,235,702 |  |  | 12.02 | % |  | $ | 719,343 |  |  | 7.00 | % |  | N/A |  | N/A
First Merchants Bank | 1,283,922 |  |  | 12.45 |  |  | 721,620 |  |  | 7.00 |  |  | $ | 670,076 |  |  | 6.50 | %
Tier 1 capital to average assets |  |  |  |  |  |  |  |  |  |  |
First Merchants Corporation | $ | 1,282,070 |  |  | 9.57 | % |  | $ | 536,123 |  |  | 4.00 | % |  | N/A |  | N/A
First Merchants Bank | 1,283,922 |  |  | 9.59 |  |  | 535,279 |  |  | 4.00 |  |  | $ | 669,098 |  |  | 5.00 | %
|  |  |  |  | Prompt Corrective Action Thresholds
| Actual |  | Basel III Minimum Capital Required |  | Well Capitalized
December 31, 2019 | Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio
Total risk-based capital to risk-weighted assets |  |  |  |  |  |  |  |  |  |  |
First Merchants Corporation | $ | 1,400,617 |  |  | 14.29 | % |  | $ | 1,028,930 |  |  | 10.50 | % |  | N/A |  | N/A
First Merchants Bank | 1,267,649 |  |  | 12.87 |  |  | 1,033,926 |  |  | 10.50 |  |  | $ | 984,691 |  |  | 10.00 | %
Tier 1 capital to risk-weighted assets |  |  |  |  |  |  |  |  |  |  |
First Merchants Corporation | $ | 1,255,333 |  |  | 12.81 | % |  | $ | 832,943 |  |  | 8.50 | % |  | N/A |  | N/A
First Merchants Bank | 1,187,365 |  |  | 12.06 |  |  | 836,988 |  |  | 8.50 |  |  | $ | 787,753 |  |  | 8.00 | %
Common equity tier 1 capital to risk-weighted assets |  |  |  |  |  |  |  |  |  |  |
First Merchants Corporation | $ | 1,188,970 |  |  | 12.13 | % |  | $ | 685,953 |  |  | 7.00 | % |  | N/A |  | N/A
First Merchants Bank | 1,187,365 |  |  | 12.06 |  |  | 689,284 |  |  | 7.00 |  |  | $ | 640,049 |  |  | 6.50 | %
Tier 1 capital to average assets |  |  |  |  |  |  |  |  |  |  |
First Merchants Corporation | $ | 1,255,333 |  |  | 10.54 | % |  | $ | 476,383 |  |  | 4.00 | % |  | N/A |  | N/A
First Merchants Bank | 1,187,365 |  |  | 9.99 |  |  | 475,564 |  |  | 4.00 |  |  | $ | 594,455 |  |  | 5.00 | %

X
- References No definition available. + Details
Name: | us-gaap_BankingAndThriftInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
Name: | us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration