First Merchants (FRMEP) 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.

• On a quarterly basis, Interest Expense - Fed Funds fell 25.7% year-over-year to $717000.0 in Q2 2026; TTM through Jun 2026 was $2.4 million, a 25.06% decrease from a year earlier, with the FY2025 full-year figure at $2.5 million, down 19.4% from the prior year.
• Interest Expense - Fed Funds was $717000.0 for Q2 2026 at First Merchants, up from $590000.0 in the prior quarter.
• The five-year high for Interest Expense - Fed Funds was $1.3 million in Q1 2023, with the low at $89000.0 in Q1 2022.
• Average Interest Expense - Fed Funds over 5 years is $691555.6, with a median of $703500.0 recorded in 2022.
• The sharpest annual moves came in 2023 and 2025: Interest Expense - Fed Funds soared 1357.3% in 2023, then sank 40.44% in 2025.
• Over 5 years, Interest Expense - Fed Funds stood at $707000.0 in 2022, then climbed by 16.97% to $827000.0 in 2023, then retreated by 17.78% to $680000.0 in 2024, then tumbled by 40.44% to $405000.0 in 2025, then surged by 77.04% to $717000.0 in 2026.
• The last three Interest Expense - Fed Funds figures came in at $717000.0 (Q2 2026), $590000.0 (Q1 2026), and $405000.0 (Q4 2025), per Business Quant data.