FirstMerit Reports Third Quarter 2012 EPS of $0.32 Per Share

         FirstMerit Reports Third Quarter 2012 EPS of $0.32 Per Share

PR Newswire

AKRON, Ohio, Oct. 23, 2012

AKRON, Ohio, Oct. 23, 2012 /PRNewswire/ --

Quarterly Highlights include:

  oSustained profitability: 54th consecutive quarter of profitability
  oContinued organic growth: Average commercial noncovered loan growth of
    $169.4 million, or 3.21%, from prior quarter; average core deposit growth
    of $126.8 million, or 1.28%, from prior quarter
  oStrong balance sheet: Strong tangible common equity ratio increased to
    8.18% from 8.01% in the prior quarter.

FirstMerit Corporation (Nasdaq: FMER) reported third quarter 2012 net income
of $35.0 million, or $0.32 per diluted share. This compares with $30.6
million, or $0.28 per diluted share, for the second quarter 2012 and $31.7
million, or $0.29 per diluted share, for the third quarter 2011.

(Logo: http://photos.prnewswire.com/prnh/20070920/CLTU138LOGO )

Returns on average common equity ("ROE") and average assets ("ROA") for the
third quarter 2012 were 8.60% and 0.94%, respectively, compared with 7.69% and
0.84%, respectively, for the second quarter 2012 and 8.02% and 0.86%,
respectively, for the third quarter 2011.

"Our strong results in the third quarter reflect our continued focus on
banking fundamentals in the face of ongoing industry challenges including a
low-interest environment and slow economic recovery. Our financial strength
and stability support continued geographic growth. To that point, we
announced this quarter our intention to acquire Citizens Republic Bancorp
("Citizens") in Michigan. We anticipate this transaction will close in the
second quarter of 2013, subject to the receipt of regulatory approvals and
other closing conditions, and at that time we look to become the bank of
choice throughout the Upper Midwest, across the five contiguous states of
Pennsylvania, Ohio, Michigan, Illinois and Wisconsin," said Paul G. Greig,
chairman, president and CEO, FirstMerit Corporation.

"Noncovered commercial loan growth was very strong this quarter in both our
Chicago and legacy Ohio markets. Additionally, progress on our efficiency
initiative is reflected in our lower operating expense levels and improved
efficiency ratio compared against both prior and year ago quarterly periods,"
said Greig.

Net interest margin was 3.66% for the third quarter of 2012 compared with
3.77% for the second quarter of 2012 and 3.75% for the third quarter of
2011. The net interest margin compressed 11 basis points compared with the
second quarter of 2012 due to reductions in overall loan and investment
portfolio yields. Reductions in deposit costs and a favorable mix shift did
not offset the downward pressure on earning asset yields in this persistent
low rate environment.

Average noncovered loans during the third quarter of 2012 increased $244.4
million, or 3.08%, compared with the second quarter of 2012 and increased
$702.2 million, or 9.38%, compared with the third quarter of 2011. Average
noncovered commercial loans increased $169.4 million, or 3.21%, compared with
the prior quarter, and increased $567.7 million, or 11.64%, compared with the
year ago quarter. The average consumer loan portfolio grew for the fifth
consecutive quarter, increasing $65.3 million, or 2.52%, compared to the prior
quarter, and $102.8 million, or 4.03%, compared with the year ago quarter.

Average deposits were $11.6 billion during the third quarter of 2012, an
increase of $36.6 million, or 0.32%, compared with the second quarter of 2012,
and an increase of $144.2 million, or 1.26%, compared with the third quarter
of 2011. During the third quarter 2012, average core deposits, which exclude
time deposits, increased $126.8 million, or 1.28%, compared with the second
quarter 2012 and increased $715.6 million, or 7.66%, compared with the third
quarter 2011. Average time deposits decreased $90.1 million, or 5.57%, and
decreased $571.4 million, or 27.21%, respectively, over prior and year-ago
quarters. The Corporation continues to emphasize growth in lower cost core
deposit products and decrease its reliance on certificates of deposit accounts
to support balance sheet growth. For the third quarter of 2012, average core
deposits accounted for 86.82% of total average deposits, compared with 85.99%
for the second quarter of 2012 and 81.66% for the third quarter of 2011.

Average investments decreased $4.3 million, or 0.12%, compared with the second
quarter of 2012 and increased $17.5 million, or 0.48% compared with the third
quarter of 2011.

Net interest income on a fully tax-equivalent ("FTE") basis was $120.7 million
in the third quarter 2012 compared with $121.7 million in the second quarter
of 2012 and $121.8 million in the third quarter of 2011.

Noninterest income, excluding gains on securities transactions of $0.6
million, for the third quarter of 2012 was $54.4 million, a decrease of $0.4
million, or 0.70%, from the second quarter of 2012 and a decrease of $2.0
million, or 3.54%, from the third quarter of 2011. The decrease in
noninterest income from the second quarter of 2012 was attributable to a
decrease of $2.6 million in gains on covered loans paid in full partially
offset by increased loan sales and servicing income of $2.1 million. The
decrease in noninterest income from the third quarter of 2011 was attributable
a decline in service charges on deposits of $3.2 million as a result of
regulatory revisions to overdraft fee policies which took effect in the fourth
quarter of 2011 and a decline in credit card fees of $2.6 million as a result
of the implementation of the Durbin Interchange Amendment in the fourth
quarter of 2011. These declines in income were partially offset by an
increase in loans sales and servicing income of $3.8 million resulting from an
increase in mortgage loan originations and refinancings activity due to a
decrease in interest rates in 2012.

Other income, net of $0.6 million in securities gains, as a percentage of net
revenue for the third quarter of 2012 was 31.05% compared with 31.03% for
second quarter of 2012 and 31.64% for the third quarter of 2011. Net revenue
is defined as net interest income, on an FTE basis, plus other income, less
gains from securities sales.

Noninterest expense for the third quarter of 2012 was $108.6 million, a
decrease of $10.5 million, or 8.81%, from the second quarter of 2012, which
included $8.9 million in one-time charges related to the Efficiency Initiative
announced in the prior quarter, and a decrease of $7.4 million, or 6.36%, from
the third quarter of 2011. Other one-time charges incurred in the third
quarter of 2012 included $0.5 million associated with costs of closing eight
full service branches and $1.1 million of professional and legal fees
associated with the proposed acquisition of Citizens. The Corporation
demonstrated significant ongoing progress in reducing operating expenses in
response to the challenging industry environment.

During the third quarter of 2012, the Corporation reported an efficiency ratio
of 61.75%, compared with 67.21% for the second quarter of 2012 and 64.78% for
the third quarter of 2011. Excluding the $8.9 million in one-time charges
related to the Efficiency Initiative announced in the prior quarter, the
reported efficiency ratio for the second quarter of 2012 would be 62.15%.

As a result of guidance from the Office of the Comptroller of the Currency
("OCC"), $10.6 million of consumer loans were identified as troubled debt
restructurings whereby the borrower's obligation to the Corporation has been
discharged in bankruptcy and the borrower has not reaffirmed the debt. These
loans were reclassified from performing loans to nonaccrual status and
consisted of $6.7 million of first mortgages, $1.0 million of junior liens and
$2.9 million of automobile loans, and net loan charge-offs of $2.8 million
were recognized.

Net charge-offs of noncovered loans totaled $14.9 million, or 0.72% of average
noncovered loans in the third quarter of 2012, including $2.8 million in
charge-offs relating to the aforementioned troubled debt restructured loans,
compared with $8.8 million, or 0.44% of average noncovered loans, in the
second quarter 2012 and $14.6 million, or 0.77% of average noncovered loans,
in the third quarter of 2011.

Nonperforming assets totaled $64.1 million at September30, 2012, an increase
of $3.0 million, or 4.87%, compared with June30, 2012 and a decrease of $26.0
million, or 28.89%, compared with September30, 2011. The increase in
nonperforming assets in the third quarter is a result of the $10.6 million in
loans noted above. Excluding the impact of the OCC guidance, nonperforming
assets decreased $7.6 million or 12.44% compared with June 30, 2012 and $36.6
million or 40.63% compared with September 30, 2011. Nonperforming assets at
September30, 2012 represented 0.77% of period-end noncovered loans plus
noncovered other real estate compared with 0.75% at June30, 2012 and 1.18% at
September30, 2011.

The allowance for noncovered loan losses totaled $98.9 million at
September30, 2012, down from $103.8 million at June 30, 2012. At
September30, 2012, the allowance for noncovered loan losses was 1.19% of
period-end noncovered loans compared with 1.28% at June30, 2012 and 1.43% at
September30, 2011. The allowance for credit losses is the sum of the
allowance for noncovered loan losses and the reserve for unfunded lending
commitments. For comparative purposes the allowance for credit losses was
1.26% of period-end noncovered loans at September30, 2012, compared with
1.35% at June30, 2012 and 1.51% at September30, 2011. The allowance for
credit losses to nonperforming noncovered loans was 208.11% at September30,
2012, compared with 234.57% at June30, 2012 and 170.16% at September30,
2011.

The Corporation's total assets at September30, 2012 were $14.6 billion, an
increase of $7.5 million, or 0.05%, compared with June30, 2012 and a decrease
of $59.4 million, or 0.40%, compared with September30, 2011.

Total deposits were $11.5 billion at September30, 2012, a decrease of $83.4
million, or 0.72%, from June30, 2012 and an increase of $136.3 million, or
1.20%, from September30, 2011. Core deposits totaled $10.1 billion at
September30, 2012, an increase of $18.3 million, or 0.18% from June30, 2012
and an increase of $0.6 billion, or 6.38%, from September30, 2011.

Shareholders' equity was $1.6 billion at September30, 2012, June30, 2012
and September30, 2011, respectively. The Corporation maintained a strong
capital position as tangible common equity to assets was 8.18% at
September30, 2012, compared with 8.01% at June30, 2012 and 7.75% at
September30, 2011. The common cash dividend per share paid in the third
quarter 2012 was $0.16.

Third Quarter 2012 Conference Call

FirstMerit (Nasdaq: FMER) senior management will host an earnings conference
call today at 11:00 a.m. (Eastern Time) to provide an overview of third
quarter results and highlights. To participate in the conference call, please
dial (888) 693-3477 ten minutes before start time and provide the reservation
number: 39956933. A replay of the conference call will be available at
approximately 2:00 p.m. (Eastern Time) on October 23, 2012 through November 6,
2012 by dialing (855) 859-2056, and entering the PIN: 39956933. The
Corporation will provide a slide presentation, which management will speak to
during the conference call. A copy of the presentation will be available prior
to the earnings conference call at
https://www.firstmerit.com/personal/investors.aspx; click on the Presentations
link to access the slide presentation.

About FirstMerit Corporation

FirstMerit Corporation is a diversified financial services company
headquartered in Akron, Ohio, with assets of $14.6 billion as of September30,
2012 and 196 banking offices and 204 ATM locations in Ohio, Western
Pennsylvania, and Chicago, Illinois areas. FirstMerit provides a complete
range of banking and other financial services to consumers and businesses
through its core operations. Principal affiliates include: FirstMerit Bank,
N.A., FirstMerit Mortgage Corporation, FirstMerit Title Agency, Ltd. and
FirstMerit Community Development Corporation.

Subsequent Events

The Corporation is required under generally accepted accounting principles to
evaluate subsequent events through the filing of its consolidated financial
statements for the quarter ended September30, 2012 on Form 10-Q. As a result,
the Corporation will continue to evaluate the impact of any subsequent events
on critical accounting assumptions and estimates made as of September30, 2012
and will adjust amounts preliminarily reported, if necessary.

Forward-Looking Statements

This release contains forward-looking statements relating to present or future
trends or factors affecting the banking industry, and specifically the
financial condition and results of operations, including without limitation,
statements relating to the earnings outlook of the Corporation, as well as its
operations, markets and products. Actual results could differ materially from
those indicated. Among the important factors that could cause results to
differ materially are interest rate changes, continued softening in the
economy, which could materially impact credit quality trends and the ability
to generate loans, changes in the mix of the Corporation's business, success
of the Corporation's efforts to reduce operating expenses, competitive
pressures, changes in accounting, tax or regulatory practices or requirements,
the Corporation's ability to successfully complete the proposed acquisition of
Citizens and those risk factors detailed in the Corporation's periodic reports
and registration statements filed with the Securities and Exchange Commission.
The Corporation undertakes no obligation to release revisions to these
forward-looking statements or reflect events or circumstances after the date
of this release.

Additional Information and Where to Find It

This document does not constitute an offer to sell or the solicitation of an
offer to buy any securities or a solicitation of any vote or approval nor
shall there be any sale of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. In connection with the
proposed merger between FirstMerit and Citizens, FirstMerit will file with the
U.S. Securities and Exchange Commission ("SEC") a Registration Statement on
Form S-4 that will include a joint proxy statement of FirstMerit and Citizens
that also constitutes a prospectus of FirstMerit. FirstMerit and Citizens will
deliver the joint proxy statement/prospectus to their respective shareholders.
FirstMerit and Citizens urge investors and shareholders to read the joint
proxy statement/prospectus regarding the proposed merger when it becomes
available, as well as other documents filed with the SEC, because they will
contain important information. You may obtain copies of all documents filed
with the SEC regarding this transaction, free of charge, at the SEC's website
(www.sec.gov). You may also obtain these documents, free of charge, from
FirstMerit's website (www.firstmerit.com) under the heading "Investors" and
then under the heading "Publications and Filings." You may also obtain these
documents, free of charge, from Citizens' website (www.citizensbanking.com)
under the tab "Investors" and then under the heading "Financial Documents" and
then under the heading "SEC Filings."

Participants in the Merger Solicitation

FirstMerit, Citizens, and their respective directors, executive officers and
certain other members of management and employees may be soliciting proxies
from FirstMerit and Citizens shareholders in favor of the merger and related
matters. Information regarding the persons who may, under the rules of the
SEC, be deemed participants in the solicitation of FirstMerit and Citizens
shareholders in connection with the proposed merger will be set forth in the
joint proxy statement/prospectus when it is filed with the SEC. You can find
information about FirstMerit's executive officers and directors in its
definitive proxy statement filed with the SEC on March8, 2012. You can find
information about Citizens' executive officers and directors in its definitive
proxy statement filed with the SEC on March12, 2012. Additional information
about FirstMerit's executive officers and directors and Citizens' executive
officers and directors can be found in the above-referenced Registration
Statement on Form S-4 when it becomes available. You can obtain free copies of
these documents from FirstMerit and Citizens using the contact information
above.



FIRSTMERIT CORPORATION AND SUBSIDIARIES
Consolidated Financial Highlights
(Unaudited)
(Dollars in
thousands)
                                             Quarters
                     2012        2012        2012        2011        2011
                     3rd Qtr     2nd Qtr     1st Qtr     4th Qtr     3rd Qtr
EARNINGS
Net interest income  $      $        $        $        $   
FTE (a)              120,741     121,689     121,428     123,598     121,788
Provision for
noncovered loan      9,965       8,766       8,129       12,275      14,604
losses
Provision for        6,214       3,430       5,932       2,773       4,768
covered loan losses
Other income         54,925      55,301      51,726      59,737      60,772
Other expenses       108,587     119,077     113,768     123,874     115,957
FTE adjustment (a)   2,851       2,766       2,641       2,632       2,396
Net income           34,953      30,585      30,344      30,496      31,737
Diluted EPS          0.32        0.28        0.28        0.28        0.29
PERFORMANCE RATIOS
Return on average    0.94%       0.84%       0.84%       0.83%       0.86%
assets (ROA)
Return on average    8.60%       7.69%       7.72%       7.70%       8.02%
common equity (ROE)
Net interest margin  3.66%       3.77%       3.78%       3.85%       3.75%
FTE (a)
Efficiency ratio     61.75%      67.21%      65.52%      69.46%      64.78%
Number of full-time  2,733       2,789       2,997       3,018       3,016
equivalent employees
MARKET DATA
Book value/common    $      $14.60      $14.51      $14.33      $14.38
share                  14.82
Period-end common    14.71       16.51       16.86       15.13       11.36
share mkt value
Market as a % of     99%         113%        116%        106%        79%
book
Cash                 $     
dividends/common        0.16  $0.16       $0.16       $0.16       $0.16
share
Common stock
dividend payout      50.00%      57.14%      57.14%      57.14%      55.17%
ratio
Average basic common 109,645     109,562     109,211     109,249     109,245
shares
Average diluted      109,645     109,562     109,211     109,249     109,246
common shares
Period end common    109,653     109,641     109,187     109,251     109,247
shares
Common shares        6           111         69          7           10
repurchased
Common stock market  $        $          $          $          $ 
capitalization       1,612,996  1,810,173  1,840,893  1,652,968  1,241,046
ASSET QUALITY
(excluding acquired
loans)
Gross charge-offs    $      $       $       $       $    
                      20,999    15,014      17,417      18,984      20,014
Net charge-offs      14,872      8,766       11,979      13,763      14,604
Allowance for
noncovered loan      98,942      103,849     103,849     107,699     109,187
losses
Reserve for unfunded 5,760       5,666       5,410       6,373       6,360
lending commitments
Nonperforming assets 64,055      61,080      67,933      81,094      90,075
(NPAs) (b)
Net
charge-offs/average  0.72%       0.44%       0.62%       0.71%       0.77%
loans ratio (b)
Allowance for
noncovered loan      1.19%       1.28%       1.32%       1.39%       1.43%
losses/period-end
loans (b)
Allowance for credit
losses/period-end    1.26%       1.35%       1.39%       1.47%       1.51%
loans (b)
NPAs/loans and other 0.77%       0.75%       0.86%       1.04%       1.18%
real estate (b)
Allowance for
noncovered loan      196.66%     222.44%     194.97%     166.64%     160.80%
losses/nonperforming
loans
Allowance for credit
losses/nonperforming 208.11%     234.57%     205.13%     176.50%     170.16%
loans
CAPITAL & LIQUIDITY
Period-end tangible
common equity to     8.18%       8.01%       7.86%       7.86%       7.75%
assets
Average equity to    10.97%      10.98%      10.91%      10.75%      10.75%
assets
Average equity to    17.46%      17.57%      17.50%      17.40%      17.55%
total loans (c)
Average total loans  79.89%      78.78%      78.74%      79.12%      78.18%
to deposits (c)
AVERAGE BALANCES
Assets               $         $           $           $           $
                     14,734,016 14,558,514 14,496,937 14,623,441 14,610,628
Deposits             11,591,931  11,555,283  11,472,021  11,416,546  11,447,682
Loans, excluding     8,121,083   7,857,840   7,677,963   7,520,400   7,298,446
acquired loans (c)
Acquired loans,
including covered    1,139,568   1,245,246   1,355,086   1,512,123   1,651,559
loans (c)
Earning assets       13,119,473  12,986,988  12,935,184  12,747,868  12,878,105
Shareholders' equity 1,616,569   1,599,187   1,581,009   1,572,061   1,570,411
ENDING BALANCES
Assets               $         $           $           $           $
                     14,628,843 14,621,344 14,670,818 14,441,702 14,688,278
Deposits             11,532,426  11,615,841  11,648,165  11,431,609  11,396,121
Loans, excluding     8,260,426   8,031,998   7,764,058   7,635,776   7,453,613
acquired loans (c)
Acquired loans,
including covered    1,099,052   1,187,203   1,306,165   1,404,644   1,604,706
loans (c)
Goodwill             460,044     460,044     460,044     460,044     460,044
Intangible assets    6,817       7,274       7,756       8,239       8,782
Earning assets       13,219,301  13,212,071  13,318,202  13,011,267  12,885,242
Total shareholders'  1,624,704   1,600,815   1,584,105   1,565,953   1,570,654
equity
NOTES:
(a) - Net interest income on a fully tax-equivalent ("FTE") basis restates
interest on tax-exempt securities and loans as if such interest were subject to
federal income tax at the statutory rate. Net interest income on an FTE basis
is not an accounting principle generally accepted in the United States of
America.
(b) - Covered loans and other real estate from George Washington Savings Bank
and Midwest Bank & Trust Company are excluded from the ratio of our allowance
for loan and credit losses and NPAs. Nonperforming assets at September 30, 2012
includes $10.6 million of loans resulting from implementation of a third quarter
2012 OCC update to the Bank Accounting Advisory Series. The updated guidance
requires those performing loans where the borrower's obligation to the
Corporation has been restructured in bankruptcy to be placed on nonaccrual
status.
(c) - Excludes loss share receivable of $131.9 million, $152.6 million, $171.1
million, $205.7 million and $220.5 million as of September30, 2012, June30,
2012, March31, 2012, December31, 2011 and September30, 2011, respectively.







FIRSTMERIT CORPORATION AND
SUBSIDIARIES
Consolidated Balance Sheets
(Dollars in thousands )
(Unaudited, except December 31,
2011, which is derived from the
audited financial statements)
                                    September 30,  December 31,  September 30,
                                    2012           2011          2011
ASSETS
 Cash and due from banks            $        $        $     
                                     201,359      219,256      202,886
 Interest-bearing deposits in banks 37,058         158,063       116,059
   Total cash and cash equivalents  238,417        377,319       318,945
 Investment securities
   Held-to-maturity                 620,631        82,764        92,214
   Available-for-sale               2,911,993      3,353,553     3,198,046
   Other investments                140,730        140,726       160,793
 Loans held for sale                17,540         30,077        39,340
 Noncovered loans:
   Commercial                       5,511,678      5,107,747     5,018,857
   Residential mortgage             439,062        413,664       397,309
   Installment                      1,321,081      1,263,665     1,271,327
   Home equity                      789,743        743,982       743,377
   Credit cards                     143,918        146,356       142,710
   Leases                           110,938        73,530        57,992
          Total noncovered loans    8,316,420      7,748,944     7,631,572
           Allowance for          (98,942)       (107,699)     (109,187)
          noncovered loan losses
          Net noncovered loans      8,217,478      7,641,245     7,522,385
 Covered loans (includes loss share
 receivable of $131.9 million,
 $205.7 million and $220.5 million  1,174,929      1,497,140     1,647,218
 at September 30, 2012, December
 31, 2011 and September 30, 2011,
 respectively)
           Allowance for covered  (43,644)       (36,417)      (34,603)
          loan losses
          Net covered loans         1,131,285      1,460,723     1,612,615
          Net loans                 9,348,763      9,101,968     9,135,000
 Premises and equipment, net        182,043        192,949       193,075
 Goodwill                           460,044        460,044       460,044
 Intangible assets                  6,817          8,239         8,782
 Covered other real estate
 (includes loss share receivable of
 $0.1 million, $1.3 million and     56,795         54,505        61,890
 $3.5 million at September 30,
 2012, December 31, 2011 and
 September 30, 2011, respectively)
 Accrued interest receivable and    645,070        639,558       1,020,149
 other assets
           Total assets          $          $          $  
                                    14,628,843    14,441,702    14,688,278
LIABILITIES AND SHAREHOLDERS'
EQUITY
 Deposits:
   Noninterest-bearing              $         $         $   
                                    3,231,500     3,030,225     2,971,555
   Interest-bearing                 1,079,913      1,062,896     967,574
   Savings and money market         5,744,103      5,595,409     5,513,472
   accounts
   Certificates and other time      1,476,910      1,743,079     1,943,520
   deposits
          Total deposits            11,532,426     11,431,609    11,396,121
 Federal funds purchased and
 securities sold under agreements   963,455        866,265       987,030
 to repurchase
 Wholesale borrowings               178,083        203,462       248,006
 Accrued taxes, expenses, and other 330,175        374,413       486,467
 liabilities
          Total liabilities         13,004,139     12,875,749    13,117,624
 Shareholders' equity:
   Preferred stock, without par
   value: authorized and unissued   —              —             —
   7,000,000 shares
   Preferred stock, Series A,
   without par value: designated    —              —             —
   800,000 shares; none outstanding
   Convertible preferred stock,
   Series B, without par value:     —              —             —
   designated 220,000 shares; none
   outstanding
   Common stock, without par
   value; authorized 300,000,000
   shares; issued: September 30,    127,937        127,937       127,937
   2012, December 31, 2011 and
   September 30, 2011 - 115,121,731
   shares
   Capital surplus                  473,781        479,882       478,738
   Accumulated other comprehensive  (13,900)       (23,887)      (4,654)
   loss
   Retained earnings                1,175,001      1,131,203     1,118,027
   Treasury stock, at cost:
   September 30, 2012 - 5,468,853
   shares; December 31, 2011 -      (138,115)      (149,182)     (149,394)
   5,870,923 shares; September 30,
   2011 -5,874,748 shares
          Total shareholders'       1,624,704      1,565,953     1,570,654
          equity
           Total liabilities and $          $          $  
          shareholders' equity      14,628,843    14,441,702    14,688,278







FIRSTMERIT CORPORATION AND SUBSIDIARIES
Average Consolidated Balance Sheets
                        Quarterly Periods
(Unaudited)             September June 30, March 31,  December   September
                        30,                             31,        30,
(Dollars in thousands)  2012       2012       2012       2011       2011
ASSETS
Cash and due from banks $      $      $      $      $    
                        440,231   410,533   378,736   621,899   517,150
Investment securities:
 Held-to-maturity     337,685    127,769    90,664     89,166     85,664
 Available-for-sale   3,215,203  3,429,411  3,459,439  3,231,195  3,429,631
 Other investments    140,736    140,744    140,719    160,147    160,799
Loans held for sale     23,631     22,731     26,483     24,215     24,524
Noncovered loans:
 Commercial           5,443,712  5,274,352  5,143,087  5,049,479  4,876,034
 Residential mortgage 437,123    431,752    421,648    405,329    399,228
 Installment          1,293,054  1,263,013  1,261,122  1,267,952  1,264,868
 Home equity          779,087    750,859    738,154    744,326    741,497
 Credit card          143,948    142,311    143,794    145,560    144,796
 Leases               88,583     78,862     73,644     61,267     56,909
 Total noncovered  8,185,507  7,941,149  7,781,449  7,673,913  7,483,332
loans
Covered loans and loss  1,216,711  1,325,184  1,436,430  1,569,232  1,694,155
share receivable
 Total loans      9,402,218  9,266,333  9,217,879  9,243,145  9,177,487
Less: allowance for     145,061    143,565    142,628    141,360    138,441
loan losses
 Net loans        9,257,157  9,122,768  9,075,251  9,101,785  9,039,046
Total earning assets    13,119,473 12,986,988 12,935,184 12,747,868 12,878,105
Premises and equipment, 184,544    187,181    190,669    193,219    192,218
net
Accrued interest
receivable and other    1,134,829  1,117,377  1,134,976  1,201,815  1,161,596
assets
TOTAL ASSETS            $        $        $        $        $  
                        14,734,016 14,558,514 14,496,937 14,623,441 14,610,628
LIABILITIES
Deposits:
 Noninterest-bearing  $       $       $       $       $   
                        3,236,703  3,144,183  3,036,590  3,013,543  2,988,521
 Interest-bearing     1,080,841  1,060,771  1,066,132  991,456    913,252
 Savings and money    5,746,210  5,732,007  5,675,052  5,569,213  5,446,351
market accounts
 Certificates and     1,528,177  1,618,322  1,694,247  1,842,334  2,099,558
other time deposits
 Total deposits    11,591,931 11,555,283 11,472,021 11,416,546 11,447,682
Federal funds purchased
and securities sold     1,032,401  920,352    887,715    999,639    969,020
under agreements to
repurchase
Wholesale borrowings    178,022    177,987    184,659    225,116    320,691
 Total funds       12,802,354 12,653,622 12,544,395 12,641,301 12,737,393
Accrued taxes, expenses 315,093    305,705    371,533    410,079    302,824
and other liabilities
 Total liabilities 13,117,447 12,959,327 12,915,928 13,051,380 13,040,217
SHAREHOLDERS' EQUITY
Common stock            127,937    127,937    127,937    127,937    127,937
Capital surplus         472,820    473,650    481,856    479,257    477,864
Accumulated other       (14,627)   (18,363)   (19,862)   (15,198)   (2,211)
comprehensive loss
Retained earnings       1,168,649  1,156,324  1,140,953  1,129,392  1,116,207
Treasury stock          (138,210)  (140,361)  (149,875)  (149,327)  (149,386)
 Total            1,616,569  1,599,187  1,581,009  1,572,061  1,570,411
shareholders' equity
TOTAL LIABILITIES AND   $        $        $        $        $  
SHAREHOLDER'S EQUITY    14,734,016 14,558,514 14,496,937 14,623,441 14,610,628



FIRSTMERIT CORPORATION AND SUBSIDIARIES
Average Consolidated Balance Sheets
Fully Tax-equivalent Interest Rates and Interest
Differential
                    Three months ended             Three months ended             Three months ended
(Unaudited)         September 30, 2012             June 30, 2012                  September 30, 2011
(Dollars in         Average               Average  Average               Average  Average               Average
thousands)
                    Balance     Interest  Rate     Balance     Interest  Rate     Balance     Interest  Rate
ASSETS
Cash and due from   $                           $                           $   
banks               440,231                       410,533                       517,150
Investment
securities and
federal funds sold:
 U.S. Treasury
securities and U.S.             $                            $                            $   
Government agency   2,688,658   17,981    2.66%    2,823,055   19,028    2.71%    2,974,656   19,864    2.65%
obligations
(taxable)
 Obligations of
states and
political           660,143     6,332     3.82%    482,475     6,254     5.21%    385,055     5,275     5.44%
subdivisions (tax
exempt)
 Other
securities and      344,823     2,652     3.06%    392,394     2,756     2.82%    316,383     2,084     2.61%
federal funds sold
 Total
investment          3,693,624   26,965    2.90%    3,697,924   28,038    3.05%    3,676,094   27,223    2.94%
securities and
federal funds sold
Loans held for sale 23,631      240       4.04%    22,731      238       4.21%    24,524      284       4.59%
Loans, including
loss share          9,402,218   103,128   4.36%    9,266,333   103,245   4.48%    9,177,487   108,444   4.69%
receivable
 Total earning 13,119,473  130,333   3.95%    12,986,988  131,521   4.07%    12,878,105  135,951   4.19%
assets
Allowance for loan  (145,061)                      (143,565)                      (138,441)
losses
Other assets        1,319,373                      1,304,558                      1,353,814
Total assets        $                             $                             $ 
                    14,734,016                     14,558,514                     14,610,628
LIABILITIES AND
SHAREHOLDERS'
EQUITY
Deposits:
                 $         —         —%       $         —         —%       $         —         —%
Noninterest-bearing 3,236,703                      3,144,183                      2,988,521
                 1,080,841   243       0.09%    1,060,771   236       0.09%    913,252     218       0.09%
Interest-bearing
 Savings and
money market        5,746,210   5,166     0.36%    5,732,007   5,033     0.35%    5,446,351   6,929     0.50%
accounts
 Certificates
and other time      1,528,177   2,743     0.71%    1,618,322   3,169     0.79%    2,099,558   4,370     0.83%
deposits
 Total        11,591,931  8,152     0.28%    11,555,283  8,438     0.29%    11,447,682  11,517    0.40%
deposits
Securities sold
under agreements to 1,032,401   310       0.12%    920,352     276       0.12%    969,020     977       0.40%
repurchase
Wholesale           178,022     1,130     2.53%    177,987     1,118     2.53%    320,691     1,669     2.06%
borrowings
 Total
interest bearing    9,565,651   9,592     0.40%    9,509,439   9,832     0.42%    9,748,872   14,163    0.58%
liabilities
Other liabilities   315,093                        305,705                        302,824
Shareholders'       1,616,569                      1,599,187                      1,570,411
equity
Total liabilities   $                             $                             $ 
and shareholders'   14,734,016                     14,558,514                     14,610,628
equity
Net yield on        $          $        3.66%    $          $        3.77%    $          $       3.75%
earning assets      13,119,473  120,741            12,986,988  121,689            12,878,105  121,788
Interest rate                             3.55%                          3.66%                          3.61%
spread
Note: Interest income on tax-exempt securities and loans has been
adjusted to a fully-taxable equivalent basis.
Nonaccrual loans have been included in the
average balances.







FIRSTMERIT CORPORATION AND SUBSIDIARIES
Average Consolidated Balance Sheets
Fully Tax-equivalent Interest Rates and Interest
Differential
                    Nine Months Ended               Nine Months Ended
                    September 30, 2012              September 30, 2011
(Unaudited)         Average                Average  Average                Average
(Dollars in         Balance      Interest  Rate     Balance      Interest  Rate
thousands)
ASSETS
Cash and due from   $                          $     
banks                                             541,992
                    409,944
Investment
securities and
federal funds sold:
 U.S. Treasury
securities and U.S.              $                              $   
Government agency   2,797,521    56,688   2.71%    2,906,269     59,174  2.72%
obligations
(taxable)
 Obligations of
states and
political           526,962      18,450    4.68%    370,553      15,709    5.67%
subdivisions (tax
exempt)
 Other
securities and      369,639      8,146     2.94%    296,976      6,436     2.90%
federal funds sold
 Total
investment          3,694,122    83,284    3.01%    3,573,798    81,319    3.04%
securities and
federal funds sold
Loans held for sale 24,279       761       4.19%    21,877       779       4.76%
Loans, including
loss share          9,295,866    309,530   4.45%    9,126,596    330,965   4.85%
receivable
 Total earning 13,014,267   393,575   4.04%    12,722,271   413,063   4.34%
assets
Allowance for loan  (143,756)                       (138,758)
losses
Other assets        1,316,071                       1,326,045
                    $                          $    
Total assets                                       14,451,550
                    14,596,526
LIABILITIES AND
SHAREHOLDERS'
EQUITY
Deposits:
                 $                          $     
Noninterest-bearing            —         —%       2,954,172   —         —%
                    3,139,515
                 1,069,290    726       0.09%    859,903      579       0.09%
Interest-bearing
 Savings and
money market        5,717,860    15,302    0.36%    5,236,540    22,172    0.57%
accounts
 Certificates
and other time      1,613,270    9,436     0.78%    2,360,522    16,803    0.95%
deposits
 Total        11,539,935   25,464    0.29%    11,411,137   39,554    0.46%
deposits
Securities sold
under agreements to 947,135      854       0.12%    900,920      2,832     0.42%
repurchase
Wholesale           180,215      3,399     2.52%    323,678      4,963     2.05%
borrowings
 Total
interest bearing    9,527,770    29,717    0.42%    9,681,563    47,349    0.65%
liabilities
Other liabilities   330,254                         275,452
Shareholders'       1,598,987                       1,540,363
equity
Total liabilities   $                          $    
and shareholders'                                  14,451,550
equity              14,596,526
Net yield on        $       $                  $        $   
earning assets                  363,858  3.73%    12,722,271  365,714   3.84%
                    13,014,267
Interest rate                              3.62%                           3.69%
spread
Note: Interest income on tax-exempt securities and loans has been
adjusted to a fully-taxable equivalent basis.
Nonaccrual loans have been included in the average
balances.





FIRSTMERIT CORPORATION AND SUBSIDIARIES
Consolidated Statements of Comprehensive Income
                                Quarters ended        Nine Months Ended
(Unaudited)                     September 30,         September 30,
(Dollars and shares in
thousands, except per share     2012       2011       2012         2011
data)
Interest income:
                                $      $      $       $     
  Loans and loans held for sale                            330,877
                                103,005    108,417    309,213
  Investment securities
      Taxable                   20,633     21,949     64,834       65,610
      Tax-exempt                3,844      3,189      11,270       9,521
      Total investment          24,477     25,138     76,104       75,131
      securities interest
            Total interest      127,482    133,555    385,317      406,008
            income
Interest expense:
  Deposits:
      Interest-bearing          243        218        726          579
      Savings and money market  5,166      6,929      15,302       22,172
      accounts
      Certificates and other    2,743      4,370      9,436        16,803
      time deposits
  Securities sold under         310        977        854          2,832
  agreements to repurchase
  Wholesale borrowings          1,130      1,669      3,399        4,963
      Total interest expense    9,592      14,163     29,717       47,349
      Net interest income       117,890    119,392    355,600      358,659
Provision for noncovered loan   9,965      14,604     26,860       41,760
losses
Provision for covered loan      6,214      4,768      15,576       17,580
losses
      Net interest income after 101,711    100,020    313,164      299,319
      provision for loan losses
Other income:
  Trust department income       6,124      5,607      17,481       16,983
  Service charges on deposits   14,603     17,838     43,490       48,460
  Credit card fees              11,006     13,640     32,402       39,357
  ATM and other service fees    3,680      3,801      11,360       9,781
  Bank owned life insurance     3,094      3,182      9,073        11,439
  income
  Investment services and       2,208      1,965      6,843        6,384
  insurance
  Investment securities gains,  553        4,402      1,361        5,291
  net
  Loan sales and servicing      7,255      3,426      19,085       9,102
  income
  Other operating income        6,402      6,911      20,857       18,222
      Total other income        54,925     60,772     161,952      165,019
Other expenses:
  Salaries, wages, pension and  58,061     61,232     183,632      177,815
  employee benefits
  Net occupancy expense         8,077      8,464      24,640       25,144
  Equipment expense             7,143      7,073      21,845       20,725
  Stationery, supplies and      2,210      2,517      6,638        7,972
  postage
  Bankcard, loan processing and 8,424      8,449      24,935       24,278
  other costs
  Professional services         4,702      5,732      17,361       17,466
  Amortization of intangibles   456        543        1,422        1,629
  FDIC insurance expense        1,832      3,240      9,015        12,187
  Other operating expense       17,682     18,707     51,944       53,254
      Total other expenses      108,587    115,957    341,432      340,470
            Income before       48,049     44,835     133,684      123,868
            income tax expense
Income tax expense              13,096     13,098     37,802       34,808
            Net income          34,953     31,737     95,882       89,060
Other comprehensive income, net
of taxes
  Changes in unrealized         $      $      $       $     
  securities' holding gains and                         24,889
  losses                         4,884    7,353      10,872
  Reclassification for realized (359)      (2,862)    (885)        (3,440)
  securities' gains
   Total other comprehensive  4,525      4,491      9,987        21,449
  gain, net of taxes
                                $      $      $       $     
       Comprehensive income                             110,509
                                39,478     36,228     105,869
Net income applicable to common $      $      $       $     
shares                                                   89,060
                                34,953     31,737     95,882
Net income used in diluted EPS  $      $      $       $     
calculation                                              89,060
                                34,953     31,737     95,882
Weighted average number of
common shares outstanding -     109,645    109,245    109,473      109,052
basic
Weighted average number of
common shares outstanding -     109,645    109,246    109,473      109,053
diluted
Basic earnings per common share $0.32      $0.29      $0.88        $0.82
Diluted earnings per common     $0.32      $0.29      $0.88        $0.82
share
Dividend per common share       $0.16      $0.16      $0.48        $0.48





FIRSTMERIT CORPORATION AND SUBSIDIARIES
Consolidated Statements of Comprehensive Income---Linked Quarters
                            Quarterly Results
(Unaudited)                 2012       2012      2012      2011      2011
(Dollars in thousands,      3rd Qtr    2nd Qtr   1st Qtr   4th Qtr   3rd Qtr
except per share data)
Loans and loans held for    $       $     $      $      $   
sale                        103,005   103,126   103,082  107,516  108,417
Investment securities       24,477     25,629    25,998    24,732    25,138
 Total interest    127,482    128,755   129,080   132,248   133,555
income
Interest on deposits:
 Interest-bearing       243        236       247       237       218
 Savings and money      5,166      5,033     5,103     5,998     6,929
market accounts
 Certificates and       2,743      3,169     3,524     3,201     4,370
other time deposits
Securities sold under       310        276       268       512       977
agreements to repurchase
Wholesale borrowings       1,130      1,118     1,151     1,334     1,669
 Total interest    9,592      9,832     10,293    11,282    14,163
expense
 Net interest      117,890    118,923   118,787   120,966   119,392
income
Provision for noncovered    9,965      8,766     8,129     12,275    14,604
loan losses
Provision for covered loan  6,214      3,430     5,932     2,773     4,768
losses
 Net interest income
after provision for loan    101,711    106,727   104,726   105,918   100,020
losses
Other income:
 Trust department       6,124      5,730     5,627     5,413     5,607
income
 Service charges on     14,603     14,478    14,409    15,622    17,838
deposits
 Credit card fees       11,006     11,216    10,180    10,182    13,640
 ATM and other service  3,680      3,890     3,790     3,920     3,801
fees
 Bank owned life        3,094      2,923     3,056     3,381     3,182
insurance income
 Investment services    2,208      2,388     2,247     1,844     1,965
and insurance
 Investment securities  553        548       260       5,790     4,402
gains, net
 Loan sales and         7,255      5,139     6,691     5,102     3,426
servicing income
 Other operating income  6,402      8,989     5,466     8,483     6,911
 Total other       54,925     55,301    51,726    59,737    60,772
income
Other expenses:
 Salaries, wages,
pension and employee        58,061     61,598    63,973    62,546    61,232
benefits
 Net occupancy expense  8,077      7,971     8,592     7,270     8,464
 Equipment expense      7,143      7,598     7,104     7,234     7,073
 Stationery, supplies   2,210      2,285     2,143     2,719     2,517
and postage
 Bankcard, loan         8,424      8,858     7,653     7,948     8,449
processing and other costs
 Professional services  4,702      9,307     3,352     5,763     5,732
 Amortization of        456        483       483       543       543
intangibles
 FDIC expense           1,832      3,463     3,720     5,119     3,240
 Other operating        17,682     17,514    16,748    24,732    18,707
expense
 Total other       108,587    119,077   113,768   123,874   115,957
expenses
Income before income tax    48,049     42,951    42,684    41,781    44,835
expense
Income taxes                13,096     12,366    12,340    11,285    13,098
 Net income    34,953     30,585    30,344    30,496    31,737
Other comprehensive income  4,525      3,747     1,715     (19,233)  4,491
(loss), net of taxes
 Comprehensive      $      $     $     $     $    
income                     39,478     34,332  32,059   11,263   36,228
Net income applicable to    $      $     $     $     $    
common shares               34,953     30,585  30,344   30,496   31,737
Net income used in diluted  $      $     $     $     $    
EPS calculation             34,953     30,585  30,344   30,496   31,737
Weighted-average common     109,645    109,562   109,211   109,249   109,245
shares - basic
Weighted-average common     109,645    109,562   109,211   109,249   109,246
shares - diluted
Basic earnings per common   $0.32      $0.28     $0.28     $0.28     $0.29
share
Diluted earnings per        $0.32      $0.28     $0.28     $0.28     $0.29
common share







FIRSTMERIT CORPORATION AND SUBSIDIARIES
Asset Quality Information (Excluding Acquired
Assets)
(Unaudited, except December 31, 2011 annual period which is derived from the
audited financial statements)
(Dollars in thousands, except ratios)
                     Quarterly Periods                                Annual
                                                                      Period
                     September June 30,  March   December  September  December
                     30,                 31,     31,       30,        31,
Allowance for        2012      2012      2012    2011      2011       2011
Credit Losses
Allowance for                            $                         $   
noncovered loan      $       $              $       $        
losses, beginning    103,849  103,849  107,699 109,187  109,187   114,690
of period
 Provision
for noncovered       9,965     8,766     8,129   12,275    14,604     54,035
loan losses
 Charge-offs     20,999    15,014    17,417  18,984    20,014     82,768
 Recoveries      6,127     6,248     5,438   5,221     5,410      21,742
 Net           14,872    8,766     11,979  13,763    14,604     61,026
charge-offs
Allowance for                            $                         $   
noncovered loan      $      $              $       $        
losses, end of       98,942   103,849  103,849 107,699  109,187   107,699
period
Reserve for
unfunded lending     $     $     $    $     $      $   
commitments,         5,666    5,410         6,360    5,799       
beginning of                             6,373                        8,849
period
 Provision
for/(relief of)      94        256       (963)   13        561        (2,476)
credit losses
Reserve for
unfunded lending     5,760     5,666     5,410   6,373     6,360      6,373
commitments, end
of period
Allowance for        $       $       $    $       $        $   
Credit Losses        104,702  109,515         114,072  115,547   
                                         109,259                      114,072
Ratios (a)
Provision for
noncovered loan      0.48%     0.44%     0.42%   0.63%     0.77%      0.73%
losses as a % of
average loans
Net charge-offs
as a % of average    0.72%     0.44%     0.62%   0.71%     0.77%      0.82%
loans
Allowance for
noncovered loan      1.19%     1.28%     1.32%   1.39%     1.43%      1.39%
losses as % of
period-end loans
Allowance for
credit losses as     1.26%     1.35%     1.39%   1.47%     1.51%      1.47%
a % of period-end
loans
Allowance for
noncovered loans
losses as a % of     196.66%   222.44%   194.97% 166.64%   160.80%    166.64%
nonperforming
loans
Allowance for
credit losses as
a % of               208.11%   234.57%   205.13% 176.50%   170.16%    176.50%
nonperforming
loans
Asset Quality (a)
Impaired loans:
                     $      $      $    $      $       $   
 Nonaccrual      31,492   38,381         55,815   59,932     
                                         44,546                       55,815
Other
nonperforming
loans:
 Nonaccrual      18,819    8,306     8,717   8,816     7,971      8,816
(b)
 Total
nonperforming        50,311    46,687    53,263  64,631    67,903     64,631
loans
 Other real       13,744    14,393    14,670  16,463    22,172     16,463
estate ("ORE")
 Total           $      $      $    $      $       $   
nonperforming        64,055   61,080         81,094   90,075     
assets ("NPAs")                          67,933                       81,094
NPAs as % of
period-end loans     0.77%     0.75%     0.86%   1.04%     1.18%      1.04%
+ ORE
Noncovered loans                         $                         $   
past due 90 days     $     $          $      $       
or more &            9,691    6,545    9,261   11,376   4,403     11,376
accruing interest
(a) Excludes covered loans and related loss share receivable with a period end
balance of $1.2 billion, $1.3 billion, $1.4 billion, $1.5 billion and $1.6
billion and covered ORE and related loss share receivable with a period end
balance of $56.8 million, $54.5 million, $56.4 million, $54.5 million and
$61.9 million at September30, 2012, June30, 2012, March31, 2012,
December31, 2011 and September30, 2011, respectively.
(b) Includes $10.6 million at September 30, 2012 resulting from implementation
of a third quarter 2012 OCC update to the Bank Accounting Advisory Series.
The updated guidance requires those performing loans where the borrower's
obligation to the Corporation has been restructured in bankruptcy to be placed
on nonaccrual status.



FIRSTMERIT CORPORATION AND SUBSIDIARIES
Noninterest Income and Noninterest Expense
Detail
(Unaudited)
(Dollars in thousands)
QUARTERLY OTHER INCOME   2012       2012       2012       2011       2011
DETAIL                   3rd Qtr    2nd Qtr    1st Qtr    4th Qtr    3rd Qtr
Trust department income  $      $      $      $      $    
                          6,124     5,730     5,627     5,413    5,607
Service charges on       14,603     14,478     14,409     15,622     17,838
deposits
Credit card fees         11,006     11,216     10,180     10,182     13,640
ATM and other service    3,680      3,890      3,790      3,920      3,801
fees
Bank owned life          3,094      2,923      3,056      3,381      3,182
insurance income
Investment services and  2,208      2,388      2,247      1,844      1,965
insurance
Investment securities    553        548        260        5,790      4,402
gains, net
Loan sales and servicing 7,255      5,139      6,691      5,102      3,426
income
Other operating income   6,402      8,989      5,466      8,483      6,911
Total Other Income       $      $      $      $      $   
                         54,925     55,301     51,726     59,737     60,772

                         2012       2012       2012       2011       2011
QUARTERLY OTHER EXPENSES 3rd Qtr    2nd Qtr    1st Qtr    4th Qtr    3rd Qtr
DETAIL
Salaries, wages, pension $      $      $      $      $   
and employee benefits    58,061     61,598     63,973     62,546     61,232
Net occupancy expense    8,077      7,971      8,592      7,270      8,464
Equipment expense        7,143      7,598      7,104      7,234      7,073
Taxes, other than income 2,051      2,020      1,955      1,389      1,507
taxes
Stationery, supplies and 2,210      2,285      2,143      2,719      2,517
postage
Bankcard, loan
processing and other     8,424      8,858      7,653      7,948      8,449
costs
Advertising              2,472      2,280      1,684      2,275      2,391
Professional services    4,702      9,307      3,352      5,763      5,732
Telephone                1,316      1,379      1,398      1,525      1,570
Amortization of          456        483        483        543        543
intangibles
FDIC insurance expense   1,832      3,463      3,720      5,119      3,240
Other operating expense  11,843     11,835     11,711     19,543     13,239
Total Other Expenses     $       $       $       $       $  
                         108,587    119,077    113,768    123,874    115,957







FIRSTMERIT CORPORATION AND
SUBSIDIARIES
Allowance for Novered Loan Losses - Net Charge-off Detail
                Quarters ended            Nine Months Ended        Year Ended
(Unaudited)     September 30,             September 30,            December
                                                                   31,
(Dollars in     2012         2011         2012        2011         2011
thousands)
Allowance for
noncovered loan $       $       $       $       $     
losses -        103,849     109,187       107,699  114,690        114,690
beginning of
period
 Loans
charged off:
 Commercial 9,627        8,382        23,567      24,525       31,943

Residential     1,691        771          3,431       3,786        4,819
mortgage
            5,507        5,911        14,441      20,204       25,839
Installment
 Home       2,319        1,929        6,108       6,200        8,691
equity
 Credit     1,390        1,520        4,618       6,135        7,846
cards
 Leases     —            651          —           778          778
 Overdrafts 465          850          1,265       2,156        2,852
 Total   20,999       20,014       53,430      63,784       82,768
 Recoveries:
 Commercial  1,649        717          4,309       1,853        2,703
 Residential 100          74           191         192          221
mortgage
 Installment 2,870        3,361        9,054       10,749       13,639
 Home equity 856          466          2,094       1,255        1,985
 Credit      488          585          1,583       1,789        2,264
cards

Manufactured    13           14           50          63           119
housing
 Leases      —            1            38          35           37
 Overdrafts  151          192          494         585          774
 Total    6,127        5,410        17,813      16,521       21,742
 Net           14,872       14,604       35,617      47,263       61,026
charge-offs
Provision for
noncovered loan 9,965        14,604       26,860      41,760       54,035
losses
Allowance for                             $    
noncovered loan $       $                 $       $     
losses - end of  98,942    109,187      98,942     109,187        107,699
period
Average         $        $         $       $         $     
noncovered      8,185,507    7,483,332   7,970,157   7,320,380   7,409,502
loans (a)
Ratio to
average
noncovered
loans (a):

(Annualized)    0.72%        0.77%        0.60%       0.86%        0.82%
noncovered net
charge-offs
 Provision
for noncovered  0.48%        0.77%        0.45%       0.76%        0.73%
loan losses
 Noncovered  $        $         $       $         $     
Loans,          8,260,426    7,631,572   8,260,426   7,631,572   7,748,944
period-end (a)
Allowance for   $       $       $       $       $     
credit losses   104,702     115,547       104,702  115,547        114,072
(a):
 As a multiple
of (annualized) 1.77         1.99         2.20        1.83         1.87
net charge-offs
Allowance for
noncovered loan
losses (a):
 As a percent
of period-end   1.19%        1.43%        1.19%       1.43%        1.39%
noncovered
loans
 As a multiple
of (annualized) 1.67         1.88         2.08        1.73         1.76
net noncovered
charge-offs
(a) Excludes acquired loans and loss share receivable.







FirstMerit Corporation
Analysts: Thomas O'Malley/Investor Relations Officer
Phone: 330.384.7109
Media Contact: Robert Townsend/Media Relations Officer
Phone: 330.384.7075

SOURCE FirstMerit Corporation

Website: http://www.firstmerit.com
 
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