XML 134 R115.htm IDEA: XBRL DOCUMENT v3.25.0.1
REGULATORY CAPITAL AND DIVIDENDS - Schedule of Actual and Required Capital (Details)
$ in Thousands
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Total risk-based capital to risk-weighted assets    
Actual $ 2,030,362 $ 2,021,124
Basel III Minimum Capital Required 1,601,175 1,552,685
Tier 1 capital to risk-weighted assets    
Actual 1,767,468 1,703,626
Basel III Minimum Capital Required 1,296,189 1,256,935
Common equity tier 1 capital to risk-weighted assets    
Actual 1,742,468 1,678,626
Prompt Corrective Action Thresholds 1,067,450 1,035,123
Tier I Capital to Average Assets, Amount    
Amount 1,767,468 1,703,626
Basel III Minimum Capital Required $ 710,089 $ 707,091
Ratio    
Total risk-based capital to risk-weighted assets, Actual 0.1331 0.1367
Total risk-based capital to risk-weighted assets, Basel III Minimum Capital Required 10.50% 10.50%
Tier 1 capital to risk-weighted assets, Actual 0.1159 0.1152
Tier 1 capital to risk-weighted assets, Basel III Minimum Capital Required 8.50% 8.50%
Common equity tier 1 capital to risk-weighted assets, Actual 0.1143 0.1135
Common equity tier 1 capital to risk-weighted assets, Basel III Minimum Capital Required 7.00% 7.00%
Leverage Ratios    
Ratio 0.0996 0.0964
Basel III Minimum Capital Required 4.00% 4.00%
First Merchants Bank    
Total risk-based capital to risk-weighted assets    
Actual $ 1,967,738 $ 1,931,810
Basel III Minimum Capital Required 1,602,417 1,553,600
Well Capitalized 1,526,112 1,479,619
Tier 1 capital to risk-weighted assets    
Actual 1,776,738 1,746,299
Basel III Minimum Capital Required 1,297,195 1,257,676
Well Capitalized 1,220,889 1,183,695
Common equity tier 1 capital to risk-weighted assets    
Actual 1,776,738 1,746,299
Prompt Corrective Action Thresholds 1,068,278 1,035,733
Well Capitalized 991,973 961,752
Tier I Capital to Average Assets, Amount    
Amount 1,776,738 1,746,299
Basel III Minimum Capital Required 716,172 706,331
Well Capitalized $ 895,215 $ 882,913
Ratio    
Total risk-based capital to risk-weighted assets, Actual 0.1289 0.1306
Total risk-based capital to risk-weighted assets, Basel III Minimum Capital Required 10.50% 10.50%
Total risk-based capital to risk-weighted assets, Well Capitalized 0.1000 0.1000
Tier 1 capital to risk-weighted assets, Actual 0.1164 0.1180
Tier 1 capital to risk-weighted assets, Basel III Minimum Capital Required 8.50% 8.50%
Tier 1 capital to risk-weighted assets, Well Capitalized 0.0800 0.0800
Common equity tier 1 capital to risk-weighted assets, Actual 0.1164 0.1180
Common equity tier 1 capital to risk-weighted assets, Basel III Minimum Capital Required 7.00% 7.00%
Common equity tier 1 capital to risk-weighted assets, Well Capitalized 0.0650 0.0650
Leverage Ratios    
Ratio 0.0992 0.0989
Basel III Minimum Capital Required 4.00% 4.00%
Well Capitalized 0.0500 0.0500