First Merchants Bank: Loan Portfolio
Data as of · Call Report Schedule RC-C How we update
The loan book by category. Concentration is what supervisors read here: a portfolio weighted heavily toward one collateral type carries that sector's cycle, which is the mechanism behind most community-bank failures.
The standout move of Q2 2026 was in Loans held for sale: 80.6% lower than in Q1 2026, at $77.9M. Within Indiana, First Merchants Bank is 17th of 87 on loan-to-deposit ratio, 93.02% as of Q2 2026, above the middle of the field. The median for banks in the $10B-100B asset tier is 86.83% on loan-to-deposit ratio. First Merchants Bank sits 6.19 points higher, at 93.02% (Q2 2026).
Loan totals
| Line item | Q2 2026 |
|---|---|
| Total loans and leases | $15.61B |
| Net loans and leases | $15.37B |
| Loans held for sale | $77.9M |
| Loans to total assets | 73.21% |
| Loan-to-deposit ratio | 93.02% |
| Net loans to equity capital | 5.62% |
Portfolio mix (share of total loans)
| Line item | Q2 2026 |
|---|---|
| Commercial real estate (nonfarm nonresidential) | 24.82% |
| Multifamily (5+ residential) | 4.92% |
| Commercial and industrial | 30.32% |
| Consumer | 0.96% |
| Credit cards | 0.00% |
| Farm | 1.44% |
| Loans to depository institutions | 0.00% |
| State and political subdivisions | 6.87% |
Concentration measures
| Line item | Q2 2026 |
|---|---|
| CRE concentration (Tier 1 capital + allowance) | 181.49% |
| Construction concentration (Tier 1 capital + allowance) | 38.49% |
Supervisory definition (FFIEC UBPR page 7B): construction and land development, multifamily, non-owner-occupied nonfarm nonresidential and unsecured CRE loans, over Tier 1 capital plus the allowance for credit losses. Owner-occupied CRE and farmland are excluded. The 2006 interagency guidance flags CRE above 300% of capital, or construction and development above 100%, for heightened supervisory scrutiny. These are screening thresholds, not limits.
Loan earnings
| Line item | Q2 2026 |
|---|---|
| Yield on loans | 6.11% |
| Interest income on loans | $238.4M |
Loan Portfolio trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Loan Portfolio by quarter
| Quarter | Total loans | Total deposits | Commercial real estate | Commercial and industrial | Consumer |
|---|---|---|---|---|---|
| Q3 2023 | $12.30B | $14.74B | 22.87% | 28.38% | 1.46% |
| Q4 2023 | $12.50B | $14.92B | 22.45% | 29.36% | 1.38% |
| Q1 2024 | $12.48B | $14.96B | 21.89% | 29.82% | 1.30% |
| Q2 2024 | $12.67B | $14.62B | 21.47% | 31.17% | 1.28% |
| Q3 2024 | $12.69B | $14.44B | 21.21% | 31.86% | 1.29% |
| Q4 2024 | $12.87B | $14.59B | 21.14% | 31.96% | 1.32% |
| Q1 2025 | $13.03B | $14.51B | 20.85% | 33.06% | 1.08% |
| Q2 2025 | $13.33B | $14.86B | 20.56% | 33.33% | 1.06% |
| Q3 2025 | $13.61B | $14.92B | 20.71% | 33.82% | 1.02% |
| Q4 2025 | $13.81B | $15.34B | 20.47% | 32.42% | 1.13% |
| Q1 2026 | $15.66B | $16.51B | 24.22% | 29.45% | 0.98% |
| Q2 2026 | $15.61B | $16.78B | 24.82% | 30.32% | 0.96% |
First Merchants Bank loan portfolio, all the way back
Loan Portfolio back to 2001 · peer percentiles on every line item · Excel export
Unlock First Merchants Bank, freeSource: Call Report Schedule RC-C, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 4365) · FFIEC NIC profile (RSSD 17147)