First Merchants Corporation (FRME) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the First Merchants Corporation third quarter 2025 earnings conference call. Before we begin, management would like to remind you that today's call contains forward-looking statements with respect to the future performance and financial condition of First Merchants Corporation that involve risk and uncertainties. Further information is contained within the press release, which we encourage you to review. Additionally, management may refer to non-GAAP measures which are intended to supplement but not substitute for the most directly comparable gap measures. The press release available on the website contains financial and other quantitative information to be discussed today as well as a reconciliation of gap to non-gap measures. As a reminder, today's call is being recorded. I will now turn the conference over to Mr. Mark Hardwick, CEO. Mr. Hardwick, you may begin. Good morning, and welcome to First Merchant's third quarter 2025 conference call. Thanks for the introduction and for covering the forward-looking statement on page two. We released our earnings yesterday after the market closed, and you can access today's slides by following the link on the third page of our earnings release. On page three of our slides, you will see today's presenters and our bios, including President Mike Stewart, Chief Credit Officer John Martin, and Chief Financial Officer Michelle Kaviaski. Slide four has a map with all 111 banking centers, a few awards that we've received recently, and some Q3 financial highlights, including a 1.22% return on assets for the nine months ended September 30, 2025. On slide five, our strong balance sheet and earnings performance reflect strength and resilience of our business model. We delivered another 9% loan gr...