Private company

First Merchants Corporation

Logo: First Merchants Corporation, Public domain, via Wikimedia Commons4

Financial holding company in Indiana, United States

First Merchants Corporation is a financial holding company in Central Indiana, headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1982Founded1
  • HeadquartersEast Central Indiana1
  • Websitewww.firstmerchants.com
  • Listed onNasdaq (FRME)1
  • Legal formFor-Profit Corporation3
  • LEITZTBT0OTGQ2FEK6XMX943
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressC/O Brian T. Hunt, 47305 Muncie, United States3
  • Registered withBusiness Services Division (Secretary of State), 198209-5423
Jackson and Jefferson parking lot in Muncie
Photo: Nyttend, Public domain, via Wikimedia Commons7

First Merchants Corporation is a financial holding company in Central Indiana, headquartered in Muncie, Indiana. The Corporation includes First Merchants Bank and First Merchants Private Wealth Advisors (a division of First Merchants Bank). The company is listed on the NASDAQ as FRME. As of March 2026, total asset size of First Merchants Corporation was $21.1 billion. First Merchants offers commercial banking, personal banking, and investment advisor services.2

Corporate structure

First Merchants Corporation sits at the top of its group. 7 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • First Merchants Corporation Muncie, Indiana, United States
    • First Merchants Bank Muncie, Indiana, United States
      • 8711 River Crossing, Inc. Subsidiary · Indiana, United States
      • Ameriana Capital Trust I Subsidiary · Delaware, United States
      • First Merchants Capital Trust II Subsidiary · Delaware, United States
      • FMB Portfolio Management, Inc. Subsidiary · Delaware, United States
      • FMB Properties, Inc. Subsidiary · Maryland, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC. Each entity in the chart links to its source.

The story

First Merchants Bank has been growing both organically and through mergers and acquisitions. Banks acquired include:

1893 – Merchants National Bank, Muncie, IN

1988 – Pendleton Banking Company, Pendleton, IN

1991 – First United Bank, Middletown, IN

1996 – Union County National Bank, Liberty, IN

1996 – The Randolph County Bank, Winchester, IN

1999 – First National Bank of Portland, Portland, IN

1999 – Anderson Community Bank, Anderson, IN

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2000 – Decatur Bank & Trust, Decatur, IN

2001 – Frances Slocum Bank & Trust, Wabash, IN

2002 – Lafayette Bank & Trust, Lafayette, IN

2003 – Commerce National Bank, Columbus, OH

2008 – Lincoln Bank, Plainfield, IN

2012 – Shelby County Bank, Shelbyville, IN

2013 – Citizens Financial Bank, Munster, IN

2014 – Community Bank, Noblesville, IN

2015 – Cooper State Bank, Columbus, OH

2015 – Ameriana Bank, New Castle, IN

2017 – Arlington Bank, Columbus, OH

2017 – iAB Bank, Fort Wayne, IN

2019 – Monroe Bank and Trust, Monroe, MI

2020 – Hoosier Trust Company, Indianapolis, IN

2022 – Level One Bank, Farmington Hills, MI

2026 – First Savings Bank, Jeffersonville, IN

A baseball/softball complex on the campus of Ball State University was renamed the First Merchants Ballpark Complex in 2016.

From Wikipedia’s article on First Merchants Corporation, shared under CC BY-SA 4.0.5

Products and brands

  • bank

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. 1982Founded Founded1