First Merchants (NASDAQ:FRME) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.95 by 2.94 percent. This is a 2 percent decrease over earnings of $1.00 per share from the same period last year. The company reported quarterly sales of $172.170 million which missed the analyst consensus estimate of $173.129 million by 0.55 percent. This is a 2.79 percent decrease over sales of $177.112 million the same period last year.