FirstMerit Corporation announced a dividend of $14.69 per share, or $0.36725 per depository share, on the Company's 5.87% non-cumulative perpetual preferred stock, Series A, payable August 5, 2013, to shareholders of record on July 19, 2013.

FirstMerit Corporation announced a quarterly cash dividend of $0.16 per share on the company's common stock, unchanged from last quarter, payable June 17, 2013, to shareholders of record on May 28, 2013.

FirstMerit Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. Net income was $37.3 million, compared to $38.2 million for the fourth quarter 2012 and $30.3 million for the first quarter 2012. Reported net income increased 23% over the year ago quarter. Returns on average common equity and average assets for the first quarter 2013 were 8.83% and 1.01%, respectively, compared with 9.30% and 1.03%, respectively, for the fourth quarter 2012 and 7.72% and 0.84% for the first quarter 2012. Net interest income on a fully tax-equivalent basis was $114.4 million in the first quarter 2013 compared with $119.1 million in the fourth quarter 2012 and $121.4 million in the first quarter 2012. Total interest income was $121.956 million, compared to $129.080 million in the first quarter 2012. Income before income tax expense was $51.870 million, compared to $42.684 million in the first quarter 2012. Net income applicable to common shares was $36.125 million, compared to $30.207 million in the first quarter 2012. Book value per common share was $15.99 as at March 31, 2013, compared to $14.51 as at March 31, 2012. Net income applicable to common shareholders was 0.33 cents per share, compared to 0.28 cents per share, in the year-ago period. For the first quarter ended March 31, 2013, the company's net charge-offs were $5.907 million compared to $11.979 million a year ago. For 2013, the tax rate is projected between 28% and 29%.