Financial Highlights

FIRSTMERIT CORPORATION (NASDAQ - FMER)

Trend Analysis--Quarterly (click here for Annual Analysis)

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Balance Sheet ($000)
	2013 Q1	2012 Q1	Y-Y Ch (%)	2012 Q4	Q-Q Ch (%)^†
Loans Held for Investment, before Reserves	9,581,209	9,070,223	5.63	9,637,050	(2.32)
Loans Held for Sale, before Reserves	14,459	42,447	(65.94)	23,683	(155.79)
Loan Loss Reserve	146,788	144,919	1.29	142,197	12.91
Net Loans Receivable	9,448,880	8,967,751	5.37	9,518,536	(2.93)
Intangible Assets	466,099	467,800	(0.36)	466,417	(0.27)
Total Assets	15,272,484	14,670,818	4.10	14,913,012	9.64
Deposits	11,925,767	11,648,165	2.38	11,759,425	5.66
Debt, Senior and Subordinated	1,212,779	1,105,371	9.72	1,241,408	(9.22)
Common Equity	1,654,850	1,584,105	4.47	1,645,202	2.35
Total Shareholders' Equity	1,754,850	1,584,105	10.78	1,645,202	26.66
Shares Outstanding (actual)	109,745,826	109,186,562	0.51	109,648,816	0.35

Income Statement ($000)
	2013 Q1	2012 Q1	Y-Y Ch (%)	2012 Q4	Q-Q Ch (%)^†
Net Interest Income	111,349	118,787	(6.26)	116,230	(16.80)
Provision for Loan Losses	9,946	14,061	(29.27)	12,262	(75.55)
Noninterest Income	57,401	51,466	11.53	59,227	(12.33)
Noninterest Expense	103,325	113,768	(9.18)	111,181	(28.26)
Net Income Before Taxes	51,870	42,684	21.52	53,439	(11.74)
Provision for Taxes	14,524	12,340	17.70	15,215	(18.17)
Net Income	37,346	30,344	23.08	38,224	(9.19)

Per Share Items ($)
	2013 Q1	2012 Q1	Y-Y Ch (%)	2012 Q4	Q-Q Ch (%)^†
Book Value per Share	15.08	14.51	3.93	15.00	1.99
Tangible Book Value	10.83	10.22	5.95	10.75	3.03
Diluted EPS Before Extra	0.33	0.28	17.86	0.35	(22.86)
Diluted EPS After Extra	0.33	0.28	17.86	0.35	(22.86)
Dividends Declared	0.1600	0.1600	0.00	0.1600	0.00

Performance Ratios (%)
	2013 Q1	2012 Q1	Y-Y Ch (bp)	2012 Q4	Q-Q Ch (bp)
ROAA	1.01	0.84	17	1.03	(2)
ROAE	8.83	7.72	111	9.30	(47)
Net Interest Margin	3.46	3.78	(32)	3.58	(12)
Loans / Deposits	80.34	77.87	247	81.95	(161)
Efficiency Ratio	62.06	65.52	(346)	62.65	(59)

Balance Sheet Ratios (%)
	2013 Q1	2012 Q1	Y-Y Ch (bp)	2012 Q4	Q-Q Ch (bp)
Tangible Equity/ Tangible Assets	8.70	7.86	84	8.16	54
Equity/ Assets	11.49	10.80	69	11.03	46
Asset Quality Ratios (%)
	2013 Q1	2012 Q1	Y-Y Ch (bp)	2012 Q4	Q-Q Ch (bp)
Nonperforming Assets/ Assets	0.79	0.90	(12)	0.80	(2)
Loan Loss Reserves/ Gross Loans	1.53	1.59	(6)	1.47	6
Loan Loss Reserves/ NPAs	121.99	109.25	1,275	118.66	334
Net Charge-offs/ Avg Loans	0.27	0.61	(34)	0.34	(7)

Regulatory Capital Ratios (%)
	2013 Q1	2012 Q1	Y-Y Ch (bp)	2012 Q4	Q-Q Ch (bp)
Tier 1 Capital Ratio	12.36	11.55	81	11.25	111

^† Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

*	Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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