First Savings Financial Group (FSFG) Proxy Filing summary

Executive summary

• Reported net income of $23.2 million ($3.32 per diluted share) for fiscal year ended September 30, 2025, up from $13.6 million ($1.98 per diluted share) in 2024, with non-GAAP net income at $23.8 million ($3.41 per diluted share).

• Net interest income rose 12.5% to $65.3 million, with net interest margin improving to 2.94% from 2.68% year-over-year.

• Noninterest income increased by $6.3 million, driven by gains on HELOC and SBA loan sales; noninterest expense rose $4.1 million, mainly from higher compensation and benefits.

• Announced a pending merger with First Merchants Corporation, with integration planned for 2026.

• Customer deposits increased by $118.2 million, while total assets decreased by $50.8 million to $2.40 billion due to loan sales.

Voting matters and shareholder proposals

• No voting matters or shareholder proposals were presented in the filing.

Board of directors and corporate governance

• The report was signed by the Chief Financial Officer, indicating executive oversight and compliance with SEC requirements.