First Merchants Corporation (FRME) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the First Merchants Corporation fourth 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 conditions of First Merchant Corporation and involves risks 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 and will be as well as reconciliation of gap and non-gap measures. As a reminder, today's call is being recorded. I would now like to hand the conference over to your speaker today, Mr. Mark Hardwick, CEO. Mr. Hardwick, you may begin. Good morning and welcome to First Merchant's fourth quarter 2025 earnings call. Thanks for the introduction and for covering the forward-looking statements. We released our earnings yesterday. After the market close, you can access today's slides by following the link on the third page of our earnings release. Joining me today are President Mike Stewart, Chief Credit Officer John Martin, and Chief Financial Officer Michelle Kaviesky. On slide four, you'll see our 111 banking centers across Indiana, Ohio, and Michigan, along with several recent awards recognizing our culture and performance. We ended the year with record total assets of 19 billion, record total loans of 13.8 billion, and record total deposits of 15.3 billion. On slides five and six, our strong balance sheet and earnings performance reflect the quality, of the...