Long/short equity, medium-term horizon, value, growth

First Merchants Corporation Maintains Earnings Momentum

First Merchants Corporation (NASDAQ:FRME) is the largest financial services holding company located in Central Indiana. It is a small-cap regional bank which operates 76 banking locations, primarily located in Indiana, but also with a small presence in Ohio. First Market Corporation offers retail and commercial customers a broad range of financial services including banking, brokerage and insurance services.

Selected Financial Data for First Merchants Corporation Q2 2013 2012 2011 2010 Total Assets ($ millions) 4,338 4,305 4,173 4,171 Total Loans ($ millions) 2,920 2,925 2,731 2,857 Total Deposits ($ millions) 3,333 3,346 3,135 3,267 Net Interest Margin (NYSE:NIM) 3.88% 4.12% 3.98% 3.87% Net charge offs as a % of Average Loans 0.32% 0.71% 1.26% 1.82% Tier ...
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