Net income rose sequentially but declined year-over-year, with adjusted earnings per share at $0.74. Loan and deposit growth remained strong, while credit quality was impacted by two large commercial credits placed on nonaccrual. Capital and liquidity remain robust.Original document: First Merchant…
Net income rose sequentially but declined year-over-year, with adjusted earnings per share at $0.74. Loan and deposit growth remained strong, while credit quality was impacted by two large commercial credits placed on nonaccrual. Capital and liquidity remain robust.
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