First Merchants (FRME) Interest Expense - Fed Funds: 2009-2024
Historic Interest Expense - Fed Funds for First Merchants (FRME) over the last 16 years, with Dec 2024 value amounting to $3.1 million.
- 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.
- Per First Merchants' latest filing, its Interest Expense - Fed Funds stood at $3.1 million for FY2024, which was down 11.42% from $3.5 million recorded in FY2023.
- In the past 5 years, First Merchants' Interest Expense - Fed Funds registered a high of $3.5 million during FY2023, and its lowest value of $314,000 during FY2021.
- In the last 3 years, First Merchants' Interest Expense - Fed Funds had a median value of $3.1 million in 2024 and averaged $2.6 million.
- Per our database at Business Quant, First Merchants' Interest Expense - Fed Funds plummeted by 57.58% in 2020 and then soared by 314.65% in 2022.
- Yearly analysis of 5 years shows First Merchants' Interest Expense - Fed Funds stood at $604,000 in 2020, then crashed by 48.01% to $314,000 in 2021, then soared by 314.65% to $1.3 million in 2022, then soared by 165.05% to $3.5 million in 2023, then declined by 11.42% to $3.1 million in 2024.