Core Insights - First Savings Financial Group, Inc. reported a significant increase in net income for the fiscal year ended September 30, 2025, with net income of $23.2 million, or $3.32 per diluted share, compared to $13.6 million, or $1.98 per diluted share, for the previous year [1][9] - The company announced a merger agreement with First Merchants Corporation, which is expected to enhance shareholder value and contribute to future success [2][19] Financial Performance - Net interest income increased by $7.2 million, or 12.5%, to $65.3 million for the year ended September 30, 2025, driven by a $5.5 million increase in interest income and a $1.7 million decrease in interest expense [3][22] - Noninterest income rose by $6.3 million, primarily due to a $4.0 million net gain on sales of home equity lines of credit (HELOC) and a $1.2 million increase in net gain on sale of SBA loans [5][12] - Noninterest expense increased by $4.1 million, mainly due to higher compensation and benefits, reflecting stronger company performance [6][13] Asset Quality and Provisions - The company recognized a provision for unfunded lending commitments of $452,000 and a reversal of provision for credit losses for loans and securities totaling $118,000 and $9,000, respectively, indicating improved asset quality [4][11] - Nonperforming loans decreased from $16.9 million at September 30, 2024, to $14.6 million at September 30, 2025, reflecting a positive trend in loan performance [4][15] Tax and Equity - Income tax expense increased to $3.7 million for the year ended September 30, 2025, compared to $1.0 million for the same period in 2024, primarily due to higher taxable income [8][14] - Total stockholders' equity increased by $16.4 million, from $177.1 million at September 30, 2024, to $193.5 million at September 30, 2025, driven by retained earnings [18][23] Financial Condition - Total assets decreased by $50.8 million, from $2.45 billion at September 30, 2024, to $2.40 billion at September 30, 2025, largely due to a decrease in net loans held for investment [15][17] - Total liabilities decreased by $67.2 million, primarily due to a reduction in total deposits, while customer deposits increased by $118.2 million [17][23]

Core Viewpoint - Monteverde & Associates PC is investigating the proposed sale of First Savings Financial Group, Inc. to First Merchants Corporation, questioning the fairness of the deal where each share of First Savings will convert into 0.85 shares of First Merchants [1]. Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has a successful track record in recovering millions for shareholders [1][2]. - The firm operates from the Empire State Building in New York City and specializes in class action securities litigation [2]. Transaction Details - The proposed transaction involves First Savings Financial Group, Inc. (NASDAQ: FSFG) selling to First Merchants Corporation, with the conversion ratio set at 0.85 shares of First Merchants for each share of First Savings [1].

Group 1 - Halper Sadeh LLC is investigating First Savings Financial Group, Inc. for potential violations related to its sale to First Merchants Corporation at a rate of 0.85 shares of First Merchants common stock for each share of First Savings common stock [1] - Aris Water Solutions, Inc. is being investigated for its sale to Western Midstream Partners, LP, which offers either 0.625 common units of Western for each Aris share or $25.00 per share in cash [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of First Savings Financial Group, Inc. to First Merchants Corporation, specifically whether the exchange ratio of 0.85 shares of First Merchants common stock per share of First Savings common stock is equitable for shareholders [1][3]. Group 1 - The investigation focuses on potential violations of federal securities laws and breaches of fiduciary duties by First Savings and its board of directors [3]. - Key concerns include whether the best possible consideration was obtained for shareholders, if First Merchants is underpaying for First Savings, and whether all material information necessary for shareholders to assess the merger was disclosed [3][4]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief [4].