{"schema_version":"secwatch.filing_event.v1","accession":"0000712534-23-000122","form_type":"8-K","ticker":"FRME","cik":"0000712534","company_name":"FIRST MERCHANTS CORP","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.985321+00:00","generated_at":"2026-06-16T17:24:28.094652+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Merchants Q1 EPS $1.07; net income $63.6M; deposit growth 8.9% annualized","bullets":["Diluted EPS of $1.07 vs $0.91 in Q1 2022; adjusted EPS also $1.07.","Net income available to common stockholders $63.6M, up 31% from $48.6M a year ago.","Total deposits grew $320.5M (8.9% annualized) linked quarter; loans up $237.9M (7.9% annualized).","Net interest margin 3.58%, down 14 bps from Q4 2022; efficiency ratio 51.72%.","Non-accrual loans $46.6M vs $42.3M linked quarter; CET1 ratio 10.82%."],"urls":{"canonical":"https://secwatch.observer/filing/0000712534-23-000122","json":"https://secwatch.observer/filing/0000712534-23-000122.json","markdown":"https://secwatch.observer/filing/0000712534-23-000122.md","text":"https://secwatch.observer/filing/0000712534-23-000122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/712534/000071253423000122/0000712534-23-000122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/712534/000071253423000122/frme-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:24:28.094652+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"097e4872ba4833965bd9d63d7b6d35f102d70747","claim":"FIRST MERCHANTS CORP reported first quarter ended March 31, 2023 results: net income $63.6 million, EPS $1.07.","evidence_excerpt":"First Merchants Corporation (the “Corporation) has reported first quarter 2023 net income available to common stockholders of $63.6 million compared to $48.6 million during the same period in 2022. Earnings per share for the period totaled $1.07 per share compared to the first quarter of 2022 result of $.91 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/712534/000071253423000122/0000712534-23-000122-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Net income","value":"$63.6 million"},{"label":"EPS","value":"$1.07"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}