<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
FIRST MERCHANTS CORPORATION FOR QUARTER ENDED SEPTEMBER 30, 1995
RESTATED AS A RESULT OF POOLING OF INTEREST TRANSACTIONS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                          30,663
<INT-BEARING-DEPOSITS>                             259
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    165,103
<INVESTMENTS-CARRYING>                         128,791
<INVESTMENTS-MARKET>                           129,820
<LOANS>                                        543,141
<ALLOWANCE>                                      6,708
<TOTAL-ASSETS>                                 914,367
<DEPOSITS>                                     727,859
<SHORT-TERM>                                    69,939
<LIABILITIES-OTHER>                              6,990
<LONG-TERM>                                      8,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           821
<OTHER-SE>                                     100,758
<TOTAL-LIABILITIES-AND-EQUITY>                 914,367
<INTEREST-LOAN>                                 36,378
<INTEREST-INVEST>                               11,960
<INTEREST-OTHER>                                   676
<INTEREST-TOTAL>                                49,014
<INTEREST-DEPOSIT>                              20,781
<INTEREST-EXPENSE>                              23,073
<INTEREST-INCOME-NET>                           25,941
<LOAN-LOSSES>                                      857
<SECURITIES-GAINS>                                (50)
<EXPENSE-OTHER>                                 17,318
<INCOME-PRETAX>                                 13,625
<INCOME-PRE-EXTRAORDINARY>                       8,991
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,991
<EPS-PRIMARY>                                     1.37
<EPS-DILUTED>                                     1.37
<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