First Merchants (NASDAQ:FRME) reported quarterly earnings of $0.99 per share which beat the analyst consensus estimate of $0.96 by 3.13 percent. This is a 4.21 percent increase over earnings of $0.95 per share from the same period last year. The company reported quarterly sales of $166.142 million which missed the analyst consensus estimate of $172.687 million by 3.79 percent. This is a 6.52 percent increase over sales of $155.976 million the same period last year.