First Merchants Bank National Association

First Merchants Bank National Association is headquartered in Muncie and is the 3^rd largest bank in the state of Indiana. It is also the 188^th largest bank in the nation. It was established in 1893 and as of March of 2012, it had grown to 1,084 employees at 89 locations. First Merchants Bank National Association has a 5-star health rating.

Data for Q1 2012

Institution Statistics First Merchants Bank National Association FDIC Certificate # 4365 BankRate Report View Year Established 1893 Employees 1084 Primary Regulator OCC Assets and Liabilities Assets $4.22 billion Loans $2.74 billion Deposits $3.30 billion Equity Capital $614.96 million Loan Loss Allowance $70.37 million Unbacked Noncurrent Loans $70.12 million Real Estate Owned $15.63 million Historic Data - March 2011 Assets $4.10 billion Equity Capital $567.72 million Loan Loss Allowance $80.94 million Unbacked Noncurrent Loans $85.21 million Real Estate Owned $17.06 million Profit Margin - Quarterly Net Interest Margin 4.05% Return on Assets 1.5% Return on Equity 10.33% Interest Income $43.44 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First Merchants Bank National Association had $85.74 million in non-current loans and owned real-estate with $685.32 million in equity and loan loss allowances on hand to cover it. This gives First Merchants Bank National Association a Texas Ratio of 12.51% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Merchants Bank National Association decreased slightly from 15.56% as of March 31, 2011 to 12.51% as of March 31, 2012, resulting in a positive change of 19.59%.This indicates that the balance sheet and financial strength for First Merchants Bank National Association has improved slightly in recent periods. Deposit Growth In the past year, First Merchants Bank National Association has increased its total deposits by $117.76 million, resulting in 3.7% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Merchants Bank National Association has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Merchants Bank National Association has $4.22 billion in assets with $685.32 million in equity, resulting in a capitalization level of 16.23%, which is excellent.

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