First Merchants (FRMEP) Interest Expense - Fed Funds (2016 - 2025)

Historic Interest Expense - Fed Funds for First Merchants (FRMEP) over the last 10 years, with Q3 2025 value amounting to $654000.0.

  • First Merchants' Interest Expense - Fed Funds fell 657.14% to $654000.0 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 290.26%. This contributed to the annual value of $3.1 million for FY2024, which is 1141.7% down from last year.
  • As of Q3 2025, First Merchants' Interest Expense - Fed Funds stood at $654000.0, which was down 657.14% from $965000.0 recorded in Q2 2025.
  • In the past 5 years, First Merchants' Interest Expense - Fed Funds registered a high of $1.3 million during Q1 2023, and its lowest value of $75000.0 during Q2 2021.
  • For the 5-year period, First Merchants' Interest Expense - Fed Funds averaged around $581578.9, with its median value being $680000.0 (2024).
  • As far as peak fluctuations go, First Merchants' Interest Expense - Fed Funds plummeted by 7528.41% in 2021, and later soared by 135730.34% in 2023.
  • Over the past 5 years, First Merchants' Interest Expense - Fed Funds (Quarter) stood at $75000.0 in 2021, then soared by 842.67% to $707000.0 in 2022, then grew by 16.97% to $827000.0 in 2023, then dropped by 17.78% to $680000.0 in 2024, then decreased by 3.82% to $654000.0 in 2025.
  • Its last three reported values are $654000.0 in Q3 2025, $965000.0 for Q2 2025, and $812000.0 during Q1 2025.