(table dollar amounts in thousands, except per share data) FINANCIAL HIGHLIGHTS ( 1) Restated for a five percent (5%) stock dividend distributed September 2003. ( $^{2)}$ Dividends per share is for First Merchants Corporation only, not restated for pooling transactions. at year end 2003 2002 Total Assets $3,076,812 $2,678,687 Stockholders’ Equity 303,965 261,129 Total Loans 2,356,546 2,025,922 Securities 356,797 342,062 Total Deposits 2,362,101 2,036,688 Trust Accounts at Market Value (not included in banking assets) 1,518,269 1,332,723 for the year Interest Income $1,155,530 $1,146,682 Interest Expense 52,388 53,759 Net Interest Income 103,142 92,923 Total Other Income 35,902 27,077 Total Other Expenses 91,279 71,009 Net Income 27,571 27,836 per share (1) Basic Net Income $ 1.51 $ 1.70 Diluted Net Income 1.50 1.69 Cash Dividends ( 2) .90 .86 Book Value 16.42 15.24 Market Value (Dec. 31 Bid Price) 25.51 21.67 averages during the year Total Assets $2,960,195 $2,406,251 Total Loans 2,281,614 1,842,429 Securities 338,835 314,409 Total Deposits 2,257,075 1,857,053 (in dollars) 1.50 1.69 1.61 1.50 1.36 99 00 01 02 03 (in millions of dollars) 2,960.2 2,406.3 1,689.7 1,532.7 1,397.2 99 00 01 02 03 .72 .78 .84 .86 .90 99 00 01 02 03 average assets diluted net income per share dividends per share