First Merchants Bank Archives

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First Merchants Bank Acquires Level One Bank for $323.5MM

As part of a definitive merger agreement, Level One Bank will merge with and into First Merchants Bank in a stock and cash transaction currently valued at approximately $323.5 million.

First Merchants Bank Provides $10MM to Porter Bancorp

Porter Bancorp, parent company of PBI Bank, entered into a $10 million secured loan agreement with First Merchants Bank.

July 6, 2017 First Merchants Bank | PBI Bank | Porter Bancorp Sam Nickerson

First Merchants Hires Torkelson to Expand Structured Finance, Build ABL

First Merchants announced that James E. Torkelson joined the bank as manager, Structured Finance. Torkelson will be responsible for expanding the bank’s lending to private equity firms and building an asset-based lending group.

October 7, 2015 First Merchants Bank | James E. Torkelson Rita Garwood

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Tag Archives: First Merchants Bank

First Merchants Bank Acquires Level One Bank for $323.5MM

First Merchants Bank Provides $10MM to Porter Bancorp

First Merchants Hires Torkelson to Expand Structured Finance, Build ABL