{"schema_version":"secwatch.filing_event.v1","accession":"0000712534-23-000289","form_type":"8-K","ticker":"FRME","cik":"0000712534","company_name":"FIRST MERCHANTS CORP","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.788593+00:00","generated_at":"2026-06-09T09:08:02.444098+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"First Merchants Q3 net income $55.9M; EPS $0.94, down from $1.08 YoY","bullets":["Net income available to common $55.9M, diluted EPS $0.94 vs $1.08 in Q3 2022.","Total loans grew $4.9M linked quarter; deposits up $65.4M; loan/deposit ratio 84.0%.","Net interest margin 3.29%, down 10bps QoQ; net interest income $133.4M, down 4.9% YoY.","Net charge-offs $20.4M from fraud-related charge-off; provision expense $2.0M.","Common equity Tier 1 ratio 11.26%; strong capital position."],"urls":{"canonical":"https://secwatch.observer/filing/0000712534-23-000289","json":"https://secwatch.observer/filing/0000712534-23-000289.json","markdown":"https://secwatch.observer/filing/0000712534-23-000289.md","text":"https://secwatch.observer/filing/0000712534-23-000289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/712534/000071253423000289/0000712534-23-000289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/712534/000071253423000289/frme-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:08:02.444098+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":"9dcb9b196cf78e4934b7960bdc30c18ca9f1609d","claim":"FIRST MERCHANTS CORP reported the third quarter ended September 30, 2023 results: net income $55.9 million, EPS $0.94 per share.","evidence_excerpt":"First Merchants Corporation issued a press release to report its financial results for the third quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/712534/000071253423000289/0000712534-23-000289-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Net income","value":"$55.9 million"},{"label":"EPS","value":"$0.94 per share"},{"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"}