First Merchants Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $84.2M | $87.6M | $112.6M | $122.6M | $167.1M | $192.9M | $177.2M | $139.2M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $121.1M | $129.7M | $133.9M | $117.1M | $105.7M | $111.1M | $113.1M | $93.4M |
| Goodwill | $712.0M | $712.0M | $712.0M | $712.0M | $545.4M | $543.9M | $543.9M | $445.4M |
| Intangible Assets (Excl. Goodwill) | $13.8M | $19.8M | $27.1M | $35.8M | $25.5M | $29.0M | $35.0M | $24.4M |
| Total Assets | $19.03B | $18.31B | $18.41B | $18.00B | $15.45B | $14.07B | $12.46B | $9.88B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $16.56B | $16.01B | $16.16B | $15.97B | $13.54B | $12.19B | $10.67B | $8.48B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.41B | $1.27B | $1.15B | $1.01B | $864.8M | $788.6M | $696.5M | $583.3M |
| Total Stockholders' Equity | $2.47B | $2.30B | $2.25B | $2.03B | $1.91B | $1.88B | $1.79B | $1.41B |