First Merchants Corporation: Why The Market Still Doesn't Trust This Bank

Core Viewpoint - First Merchants Corporation is a century-old financial institution primarily operating in Indiana, with a significant market presence in Michigan and Ohio, holding 78% of its total deposits in Indiana [1] Company Overview - First Merchants Corporation is based in Muncie, Indiana, and has expanded its operations into Michigan and Ohio over time [1] - The company accounts for 78% of its total deposits in Indiana, indicating a strong regional focus [1]