First Merchants (First Merchants) Other Noninterest Expense

: $137.4 Mil (As of Dec. 2023)

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First Merchants's other noninterest expense for the three months ended in Dec. 2023 was $36.9 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $137.4 Mil.

First Merchants Other Noninterest Expense Historical Data

The historical data trend for First Merchants's Other Noninterest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Merchants Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Noninterest Expense

95.36

95.06

100.21

130.88

137.42

First Merchants Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Noninterest Expense																31.92	33.56	34.00	32.94	36.93

First Merchants Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $137.4 Mil.

First Merchants (First Merchants) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Merchants Corp (NAS:FRME) » Definitions » Other Noninterest Expense

Comparable Companies

Traded in Other Exchanges

FM5:Germany

Address

200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814

Website

https://www.firstmerchants.com

First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.

Executives

Michael C Rechin	officer: Executive Vice President, other: Chief Operating Officer	13831 COLDWATER DRIVE, CARMEL IN 46032
Michael J Fisher	director	200 EAST JACKSON STREET, MUNCIE IN 47305
Jason R Sondhi	director	200 E JACKSON ST, MUNCIE IN 47305
Gary Lehman	director	200 EAST JACKSON STREET, MUNCIE IN 47305
Mung Chiang	director	200 E JACKSON ST, MUNCIE IN 47305
Stephan Fluhler	officer: Chief Information Officer, other: Senior Vice President	200 EAST JACKSON STREET, MUNCIE IN 47305
Charles E Schalliol	director	300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Kevin D Johnson	director	200 E JACKSON ST, MUNCIE IN 47305
Patrick J. Fehring	director	32991 HAMILTON COURT, FARMINGTON HILLS MI 48334
Patrick A Sherman	director	609 TREYBOURNE DRIVE, SUITE A, GREENWOOD IN 46142
Chad Kimball	officer: Chief Risk Officer	200 EAST JACKSON STREET, MUNCIE IN 47305
Mark K Hardwick	officer: Senior Vice President, other: Chief Financial Officer	POST OFFICE BOX 792, MUNICE IN 47308-0792
Michael R Becher	director	200 E. JACKSON ST., MUNCIE IN 47305
Michael C Marhenke	director	200 EAST JACKSON ST, MUNCIE IN 47305
William L Hoy	director	200 EAST JACKSON STREET, MUNCIE IN 47305