First Merchants Corporation

Type: Public
On the web: http://www.firstmerchants.com
Employees: 1,367
Employee growth: 21.9%

First Merchants makes community banking its first priority. The company owns First Merchants Bank, which operates more than 80 branches in Indiana and western Ohio. First Merchants provides standard consumer and commercial banking services, including checking and savings accounts, CDs, and check cards. Commercial real estate and farmland loans account for the largest portion of the company's loan portfolio (about a third of all loans), followed by residential mortgages and business loans. First Merchants Corporation also owns First Merchants Trust Company, which provides trust and asset management services, and First Merchants Insurance Services, which sells personal and health care coverage.

Key numbers for fiscal year ending December, 2008:
Sales: $165.8M
One year growth: 7.9%
Net income: $20.6M
Income growth: (34.8%)

Officers:
Chairman: Charles E. Schalliol
Chairman Emeritus: Stefan S. Anderson
President, CEO, and Director: Michael C. (Mike) Rechin

Competitors:
JPMorgan Chase
Old National Bancorp
STAR Financial Group

First Merchants Corporation

Type	Public (NASDAQ: FRME)
Founded	1982 (First Merchants Corporation)
Headquarters	Muncie, Indiana, USA
Key people	Michael Rechin, CEO & Chairman
Products	Banking
Total assets	▲$3.5 billion USD (2006)
Employees	1,200 (2007)
Website	firstmerchants.com

First Merchants Corporation (Nasdaq FRME) is a regional financial holdings company with assets of $3.78 billion headquartered in Muncie, Indiana, comprising four banks in 70 locations throughout Ohio and Indiana. First Merchants' holdings include:

• First Merchants Bank
• First Merchants Bank of Central Indiana
• Lafayette Bank & Trust Company
• Commerce National Bank
• First Merchants Trust Company

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