KPIs & Operating Metrics(New)

First Merchants (FRME) Interest Expense - Fed Funds: 2016-2025

Historic Interest Expense - Fed Funds for First Merchants (FRME) over the last 10 years, with Sep 2025 value amounting to $654,000.

  • First Merchants' Interest Expense - Fed Funds fell 6.57% to $654,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $3.1 million, marking a year-over-year decrease of 2.90%. This contributed to the annual value of $3.1 million for FY2024, which is 11.42% down from last year.
  • As of Q3 2025, First Merchants' Interest Expense - Fed Funds stood at $654,000, which was down 32.23% from $965,000 recorded in Q2 2025.
  • In the past 5 years, First Merchants' Interest Expense - Fed Funds ranged from a high of $1.3 million in Q1 2023 and a low of $75,000 during Q2 2021.
  • Over the past 3 years, First Merchants' median Interest Expense - Fed Funds value was $812,000 (recorded in 2025), while the average stood at $853,455.
  • Per our database at Business Quant, First Merchants' Interest Expense - Fed Funds tumbled by 75.28% in 2021 and then spiked by 1,357.30% in 2023.
  • Over the past 5 years, First Merchants' Interest Expense - Fed Funds (Quarterly) stood at $75,000 in 2021, then surged by 842.67% to $707,000 in 2022, then increased by 16.97% to $827,000 in 2023, then declined by 17.78% to $680,000 in 2024, then declined by 6.57% to $654,000 in 2025.
  • Its Interest Expense - Fed Funds stands at $654,000 for Q3 2025, versus $965,000 for Q2 2025 and $812,000 for Q1 2025.