First Merchants (FRME) Interest Expense - Fed Funds (2010 - 2026)

First Merchants has reported Interest Expense - Fed Funds for 17 years, with the latest figure at $332000.0 in Q1 2026.

• For the quarter ending Q1 2026, Interest Expense - Fed Funds fell 59.11% year-over-year to $332000.0; the trailing twelve-month figure through Mar 2026 stood at $1.6 million (down 25.61% YoY), and the FY2025 full-year result was $2.5 million, up 412.27% from the prior year.
• Interest Expense - Fed Funds for Q1 2026 stood at $332000.0, down from $405000.0 in the prior quarter.
• The five-year high for Interest Expense - Fed Funds was $1.3 million in Q1 2023, with the low at -$13000.0 in Q2 2022.
• Historically, Interest Expense - Fed Funds has averaged $577750.0 across 5 years, with a median of $654000.0 in 2024.
• Annual changes were most pronounced in 2022 — Interest Expense - Fed Funds plunged 117.33% — and 2023, when it surged 7630.77%.
• First Merchants' Interest Expense - Fed Funds stood at $808000.0 in 2022, then climbed by 2.35% to $827000.0 in 2023, then slumped by 96.86% to $26000.0 in 2024, then jumped by 1457.69% to $405000.0 in 2025, then slipped by 18.02% to $332000.0 in 2026.
• The last three Interest Expense - Fed Funds figures came in at $332000.0 (Q1 2026), $405000.0 (Q4 2025), and $224000.0 (Q3 2025), per Business Quant data.