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 $717000.0 in Q2 2026.

• Interest Expense - Fed Funds for Q2 2026 came in at $717000.0, down 25.7% year-over-year; the trailing twelve-month figure through Jun 2026 was $2.4 million (down 25.06% YoY), and the FY2025 annual result was $2.5 million, down 19.4% from the prior year.
• Interest Expense - Fed Funds improved to $717000.0 in Q2 2026, from $590000.0 in the prior quarter.
• Over five years, Interest Expense - Fed Funds peaked at $1.3 million in Q1 2023 and troughed at $89000.0 in Q1 2022.
• A 5-year average of $691555.6 and a median of $703500.0 in 2022 frame the typical range for Interest Expense - Fed Funds.
• The widest annual swing landed in 2023, when Interest Expense - Fed Funds surged 1357.3%; it then sank 40.44% in 2025.
• A 5-year view of Interest Expense - Fed Funds shows it stood at $707000.0 in 2022, then gained by 16.97% to $827000.0 in 2023, then declined by 17.78% to $680000.0 in 2024, then sank by 40.44% to $405000.0 in 2025, then soared by 77.04% to $717000.0 in 2026.
• Per Business Quant data, the three most recent Interest Expense - Fed Funds figures were $717000.0 in Q2 2026, $590000.0 in Q1 2026, and $405000.0 in Q4 2025.