<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION FOR FIRST MERCHANTS
CORPORATION FOR PERIOD ENDING JUNE 30, 1996 RESTATED AS A RESULT OF POOLING OF
INTEREST TRANSACTIONS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                          36,751
<INT-BEARING-DEPOSITS>                             156
<FED-FUNDS-SOLD>                                15,100
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    173,295
<INVESTMENTS-CARRYING>                         107,993
<INVESTMENTS-MARKET>                           108,166
<LOANS>                                        583,964
<ALLOWANCE>                                      6,631
<TOTAL-ASSETS>                                 945,096
<DEPOSITS>                                     772,479
<SHORT-TERM>                                    48,386
<LIABILITIES-OTHER>                              7,893
<LONG-TERM>                                      9,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           822
<OTHER-SE>                                     106,518
<TOTAL-LIABILITIES-AND-EQUITY>                 945,096
<INTEREST-LOAN>                                 25,187
<INTEREST-INVEST>                                8,374
<INTEREST-OTHER>                                   501
<INTEREST-TOTAL>                                34,002
<INTEREST-DEPOSIT>                              14,505
<INTEREST-EXPENSE>                              15,893
<INTEREST-INCOME-NET>                           18,109
<LOAN-LOSSES>                                      580
<SECURITIES-GAINS>                                  26
<EXPENSE-OTHER>                                 11,708
<INCOME-PRETAX>                                  9,802
<INCOME-PRE-EXTRAORDINARY>                       6,460
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     6,460
<EPS-PRIMARY>                                      .99
<EPS-DILUTED>                                      .99
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                     0
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                    0
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0