FIRST MERCHANTS CORP Quarterly Interest Expense in USD from Q2 2010 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
First Merchants Corp quarterly/annual Interest Expense history and growth rate from Q2 2010 to Q1 2024.
  • First Merchants Corp Interest Expense for the quarter ending March 31, 2024 was $109M, a 74.8% increase year-over-year.
  • First Merchants Corp Interest Expense for the twelve months ending March 31, 2024 was $395M, a 183% increase year-over-year.
  • First Merchants Corp annual Interest Expense for 2023 was $348M, a 311% increase from 2022.
  • First Merchants Corp annual Interest Expense for 2022 was $84.8M, a 136% increase from 2021.
  • First Merchants Corp annual Interest Expense for 2021 was $36M, a 45.8% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $395M $109M +$46.6M +74.8% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-01
Q4 2023 $348M $107M +$64.9M +154% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-29
Q3 2023 $284M $95.8M +$72.7M +316% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-01
Q2 2023 $211M $83.5M +$71M +569% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-02
Q1 2023 $140M $62.3M +$55M +758% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-01
Q4 2022 $84.8M $42M +$33.3M +382% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-29
Q3 2022 $51.5M $23M +$14.2M +161% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-01
Q2 2022 $37.3M $12.5M +$3.47M +38.6% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-02
Q1 2022 $33.8M $7.26M -$2.13M -22.7% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-03
Q4 2021 $36M $8.72M -$2.19M -20.1% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-29
Q3 2021 $38.1M $8.83M -$4.47M -33.6% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-09
Q2 2021 $42.6M $9.01M -$7.22M -44.5% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-09
Q1 2021 $49.8M $9.39M -$16.5M -63.8% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-10
Q4 2020 $66.4M $10.9M -$17.3M -61.4% Oct 1, 2020 Dec 31, 2020 10-K 2021-03-01
Q3 2020 $83.7M $13.3M -$15.9M -54.4% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-03
Q2 2020 $99.6M $16.2M -$11.1M -40.7% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-09
Q1 2020 $111M $25.9M +$1.98M +8.28% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-10
Q4 2019 $109M $28.2M +$7.47M +36% Oct 1, 2019 Dec 31, 2019 10-K 2021-03-01
Q3 2019 $101M $29.2M +$10.9M +59.4% Jul 1, 2019 Sep 30, 2019 10-K 2021-03-01
Q2 2019 $90.4M $27.4M +$11.1M +67.9% Apr 1, 2019 Jun 30, 2019 10-K 2021-03-01
Q1 2019 $79.3M $23.9M +$10.2M +74.7% Jan 1, 2019 Mar 31, 2019 10-K 2021-03-01
Q4 2018 $69.1M $20.8M +$9.19M +79.3% Oct 1, 2018 Dec 31, 2018 10-K 2020-02-28
Q3 2018 $59.9M $18.3M +$7.89M +75.6% Jul 1, 2018 Sep 30, 2018 10-K 2020-02-28
Q2 2018 $52M $16.3M +$7.93M +94.8% Apr 1, 2018 Jun 30, 2018 10-K 2020-02-28
Q1 2018 $44.1M $13.7M +$6.47M +89.4% Jan 1, 2018 Mar 31, 2018 10-K 2020-02-28
Q4 2017 $37.6M $11.6M +$4.95M +74.7% Oct 1, 2017 Dec 31, 2017 10-K 2019-02-27
Q3 2017 $32.7M $10.4M +$3.73M +55.8% Jul 1, 2017 Sep 30, 2017 10-K 2019-02-27
Q2 2017 $28.9M $8.37M +$1.63M +24.1% Apr 1, 2017 Jun 30, 2017 10-K 2019-02-27
Q1 2017 $27.3M $7.24M +$463K +6.84% Jan 1, 2017 Mar 31, 2017 10-K 2019-02-27
Q4 2016 $26.8M $6.63M +$191K +2.97% Oct 1, 2016 Dec 31, 2016 10-K 2018-03-01
Q3 2016 $26.6M $6.69M +$479K +7.71% Jul 1, 2016 Sep 30, 2016 10-K 2018-03-01
Q2 2016 $26.2M $6.74M +$571K +9.25% Apr 1, 2016 Jun 30, 2016 10-K 2018-03-01
Q1 2016 $25.6M $6.77M +$804K +13.5% Jan 1, 2016 Mar 31, 2016 10-K 2018-03-01
Q4 2015 $24.8M $6.44M +$547K +9.28% Oct 1, 2015 Dec 31, 2015 10-K 2017-03-01
Q3 2015 $24.2M $6.22M +$791K +14.6% Jul 1, 2015 Sep 30, 2015 10-K 2017-03-01
Q2 2015 $23.5M $6.17M +$763K +14.1% Apr 1, 2015 Jun 30, 2015 10-K 2017-03-01
Q1 2015 $22.7M $5.97M +$851K +16.6% Jan 1, 2015 Mar 31, 2015 10-K 2017-03-01
Q4 2014 $21.8M $5.89M +$1.32M +28.9% Oct 1, 2014 Dec 31, 2014 10-K 2016-02-29
Q3 2014 $20.5M $5.42M +$1.71M +46% Jul 1, 2014 Sep 30, 2014 10-K 2016-02-29
Q2 2014 $18.8M $5.41M +$1.41M +35.1% Apr 1, 2014 Jun 30, 2014 10-K 2016-02-29
Q1 2014 $17.4M $5.12M +$837K +19.6% Jan 1, 2014 Mar 31, 2014 10-K 2016-02-29
Q4 2013 $16.6M $4.57M -$127K -2.7% Oct 1, 2013 Dec 31, 2013 10-K 2015-02-27
Q3 2013 $16.7M $3.71M -$1.73M -31.8% Jul 1, 2013 Sep 30, 2013 10-K 2015-02-27
Q2 2013 $18.4M $4M -$2.11M -34.5% Apr 1, 2013 Jun 30, 2013 10-K 2015-02-27
Q1 2013 $20.5M $4.28M -$3.07M -41.8% Jan 1, 2013 Mar 31, 2013 10-K 2015-02-27
Q4 2012 $23.6M $4.7M -$3.19M -40.5% Oct 1, 2012 Dec 31, 2012 10-K 2014-03-14
Q3 2012 $26.8M $5.45M -$3.79M -41% Jul 1, 2012 Sep 30, 2012 10-K 2014-03-14
Q2 2012 $30.6M $6.12M -$3.76M -38.1% Apr 1, 2012 Jun 30, 2012 10-K 2014-03-14
Q1 2012 $34.4M $7.35M -$3.54M -32.5% Jan 1, 2012 Mar 31, 2012 10-K 2014-03-14
Q4 2011 $37.9M $7.89M Oct 1, 2011 Dec 31, 2011 10-K 2013-03-15
Q3 2011 $9.23M -$4.52M -32.8% Jul 1, 2011 Sep 30, 2011 10-K 2013-03-15
Q2 2011 $9.87M -$4.44M -31% Apr 1, 2011 Jun 30, 2011 10-K 2013-03-15
Q1 2011 $10.9M Jan 1, 2011 Mar 31, 2011 10-K 2013-03-15
Q3 2010 $13.7M Jul 1, 2010 Sep 30, 2010 10-Q 2011-11-09
Q2 2010 $14.3M Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.