XML 92 R79.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Loans and Allowance for Credit Losses - Changes in Allowance for Loan Losses by Loan Segment (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
Allowance for loan losses: |  |  |  |
Beginning balance | [1] | $ 130,648 |  |
Provision for credit losses |  | 0 |  |
Recoveries on loans |  | 2,578 |  |
Loans charged off |  | (11,884) |  |
Ending balance | [1] | 195,397 | $ 130,648 |
Beginning balance |  | 130,648 | 80,284 | $ 80,552
Provision for credit losses - loans |  | 0 | 58,673 | 2,800
Recoveries on loans |  |  | 2,176 | 3,553
Allowance for Loan and Lease Losses, Write-offs |  |  | (10,485) | (6,621)
Ending balance |  |  | 130,648 | 80,284
Impact of adopting ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 74,055 |  |
Ending balance |  |  | 74,055 |
Balances, January 1, 2021 Post-ASC 326 adoption |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 204,703 |  |
Ending balance |  |  | 204,703 |
Previously Reported |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 130,648 |  |
Ending balance |  |  | 130,648 |
Credit risk reclassifications |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Ending balance |  |  | 0 |
Commercial |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 47,115 |  |
Provision for credit losses |  | 7,921 |  |
Recoveries on loans |  | 724 |  |
Loans charged off |  | (5,849) |  |
Ending balance |  | 69,935 | 47,115 |
Beginning balance |  | 47,115 | 32,902 | 32,657
Provision for credit losses - loans |  |  | 21,930 | 733
Recoveries on loans |  |  | 819 | 1,244
Allowance for Loan and Lease Losses, Write-offs |  |  | (8,536) | (1,732)
Ending balance |  |  | 47,115 | 32,902
Commercial | Impact of adopting ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 20,024 |  |
Ending balance |  |  | 20,024 |
Commercial | Balances, January 1, 2021 Post-ASC 326 adoption |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 67,139 |  |
Ending balance |  |  | 67,139 |
Commercial | Previously Reported |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 47,115 |  |
Ending balance |  |  | 47,115 |
Commercial | Credit risk reclassifications |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Ending balance |  |  | 0 |
Commercial Real Estate |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 40,786 |  |
Provision for credit losses |  | (11,093) |  |
Recoveries on loans |  | 580 |  |
Loans charged off |  | (4,533) |  |
Ending balance |  | 60,665 | 40,786 |
Beginning balance |  | 51,070 | 28,778 | 29,609
Provision for credit losses - loans |  |  | 22,174 | 1,555
Recoveries on loans |  |  | 431 | 1,289
Allowance for Loan and Lease Losses, Write-offs |  |  | (313) | (3,675)
Ending balance |  |  | 51,070 | 28,778
Commercial Real Estate | Impact of adopting ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 34,925 |  |
Ending balance |  |  | 34,925 |
Commercial Real Estate | Balances, January 1, 2021 Post-ASC 326 adoption |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 75,711 |  |
Ending balance |  |  | 75,711 |
Commercial Real Estate | Previously Reported |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 51,070 |  |
Ending balance |  |  | 51,070 |
Commercial Real Estate | Credit risk reclassifications |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | (10,284) |  |
Ending balance |  |  | (10,284) |
Construction |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 10,284 |  |
Provision for credit losses |  | 1,122 |  |
Recoveries on loans |  | 1 |  |
Loans charged off |  | (6) |  |
Ending balance |  | 20,206 | 10,284 |
Construction | Impact of adopting ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 8,805 |  |
Ending balance |  |  | 8,805 |
Construction | Balances, January 1, 2021 Post-ASC 326 adoption |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 19,089 |  |
Ending balance |  |  | 19,089 |
Construction | Previously Reported |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Ending balance |  |  | 0 |
Construction | Credit risk reclassifications |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 10,284 |  |
Ending balance |  |  | 10,284 |
Consumer |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Provision for credit losses |  | 0 |  |
Recoveries on loans |  | 0 |  |
Loans charged off |  | 0 |  |
Ending balance |  | 0 | 0 |
Beginning balance |  | 9,648 | 4,035 | 3,964
Provision for credit losses - loans |  |  | 5,996 | 239
Recoveries on loans |  |  | 260 | 401
Allowance for Loan and Lease Losses, Write-offs |  |  | (643) | (569)
Ending balance |  |  | 9,648 | 4,035
Consumer | Impact of adopting ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Ending balance |  |  | 0 |
Consumer | Balances, January 1, 2021 Post-ASC 326 adoption |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Ending balance |  |  | 0 |
Consumer | Previously Reported |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 9,648 |  |
Ending balance |  |  | 9,648 |
Consumer | Credit risk reclassifications |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | (9,648) |  |
Ending balance |  |  | (9,648) |
Residential |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Provision for credit losses |  | 0 |  |
Recoveries on loans |  | 0 |  |
Loans charged off |  | 0 |  |
Ending balance |  | 0 | 0 |
Beginning balance |  | 22,815 | 14,569 | 14,322
Provision for credit losses - loans |  |  | 8,573 | 273
Recoveries on loans |  |  | 666 | 619
Allowance for Loan and Lease Losses, Write-offs |  |  | (993) | (645)
Ending balance |  |  | 22,815 | $ 14,569
Residential | Impact of adopting ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Ending balance |  |  | 0 |
Residential | Balances, January 1, 2021 Post-ASC 326 adoption |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Ending balance |  |  | 0 |
Residential | Previously Reported |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 22,815 |  |
Ending balance |  |  | 22,815 |
Residential | Credit risk reclassifications |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | (22,815) |  |
Ending balance |  |  | (22,815) |
Consumer & Residential |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 32,463 |  |
Provision for credit losses |  | 2,050 |  |
Recoveries on loans |  | 1,273 |  |
Loans charged off |  | (1,496) |  |
Ending balance |  | 44,591 | 32,463 |
Consumer & Residential | Impact of adopting ASC 326 |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 10,301 |  |
Ending balance |  |  | 10,301 |
Consumer & Residential | Balances, January 1, 2021 Post-ASC 326 adoption |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 42,764 |  |
Ending balance |  |  | 42,764 |
Consumer & Residential | Previously Reported |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | 0 |  |
Ending balance |  |  | 0 |
Consumer & Residential | Credit risk reclassifications |  |  |  |
Allowance for loan losses: |  |  |  |
Beginning balance |  | $ 32,463 |  |
Ending balance |  |  | $ 32,463 |
[1] | Beginning January 1, 2021, the amount is based on the current expected credit loss methodology. Prior to January 1, 2021, the amount is based on the incurred loss methodology. See additional details in NOTE 1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES of these Notes to Consolidated Financial Statements.

X
- Definition Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of increase in allowance for credit loss on financing receivable from recovery. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=124267575&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of writeoff of financing receivable, charged against allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=124267575&loc=SL82922352-210448 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 6.L.1) -URI http://asc.fasb.org/extlink&oid=122038336&loc=d3e74567-122707 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b)(1)(ii) -URI http://asc.fasb.org/extlink&oid=121614798&loc=d3e15032-111544 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 + Details
Name: | us-gaap_LoansAndLeasesReceivableAllowance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of expense related loan transactions, lease transactions, credit loss from transactions other than loan and lease transactions, and other loss based on assessment of uncollectability from the counterparty to reduce the account to their net realizable value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.11) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585 + Details
Name: | us-gaap_ProvisionForLoanLeaseAndOtherLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of credit loss expense (reversal of expense) for financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(11)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_ProvisionForLoanLossesExpensed
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RestatementAxis=srt_ScenarioPreviouslyReportedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RestatementAxis=srt_RevisionOfPriorPeriodReclassificationAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialRealEstatePortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=frme_ConstructionPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ResidentialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=frme_ConsumerAndResidentialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |