{"schema_version":"secwatch.filing_event.v1","accession":"0000712534-25-000110","form_type":"8-K","ticker":"FRME","cik":"0000712534","company_name":"FIRST MERCHANTS CORP","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.073217+00:00","generated_at":"2026-05-23T07:30:09.458278+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"First Merchants Q1 EPS $0.94 vs adjusted $0.85 a year ago; loan growth 4.8% annualized","bullets":["Net income available to common stockholders $54.9M; diluted EPS $0.94; adjusted EPS in Q1 2024 was $0.85.","Total loans grew $154.9M (4.8% annualized) linked quarter; total deposits declined $59.6M (1.6% annualized).","Net interest margin 3.22%, down 6bp from Q4 2024 but up 12bp YoY; efficiency ratio 54.54%.","CET1 ratio 11.50%; total risk-based capital 13.22%; repurchased 246,751 shares for $10M YTD.","Nonperforming assets to total assets 0.47%, up 4bp linked quarter; net charge-offs $4.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0000712534-25-000110","json":"https://secwatch.observer/filing/0000712534-25-000110.json","markdown":"https://secwatch.observer/filing/0000712534-25-000110.md","text":"https://secwatch.observer/filing/0000712534-25-000110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/712534/000071253425000110/0000712534-25-000110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/712534/000071253425000110/frme-20250424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:30:09.458278+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}