Mutualfirst financial inc, (MFSF)
Balance Sheet / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and due from banks

11

10

11

11

13

11

12

11

8

8

6

7

8

7

8

8

8

7

6

6

7

7

6

7

8

-

-

-

8

-

-

-

7

-

-

9

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

8

7

-

7

7

8

-

17

10

-

Interest-bearing demand deposits

21

20

21

19

20

19

20

29

18

17

18

15

18

18

24

21

12

11

17

12

22

12

21

14

17

24

24

26

23

37

16

18

47

20

23

14

Cash and cash equivalents

32

31

32

31

33

31

33

41

27

25

25

22

26

25

33

30

20

18

24

18

29

20

28

22

25

31

32

34

32

44

23

26

55

37

34

23

Interest-bearing time deposits

3

4

4

4

4

4

4

4

1

1

2

1

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

3

Investment securities available for sale (carried at fair value)

385

382

375

-

370

-

-

-

277

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities available for sale (carried at fair value)

-

-

-

373

-

360

362

354

-

260

256

254

249

256

251

266

261

266

261

267

260

264

267

269

264

274

277

284

281

342

365

356

330

288

304

245

Loans held for sale

13

19

38

8

3

7

3

3

4

4

8

5

4

8

8

5

5

6

12

10

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

5

1

1

0

8

6

5

4

8

3

1

1

0

10

Loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

978

974

971

-

962

954

933

-

959

965

-

Allowance for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

15

15

-

15

16

16

-

16

15

-

Loans, net of allowance for loan losses of $13,307 and $13,281, at December 31, 2019 and December 31, 2018, respectively

1,476

1,483

1,485

1,490

1,482

1,461

1,452

1,436

1,167

1,177

1,171

1,154

1,157

1,122

1,094

1,074

1,068

1,044

1,026

1,010

1,003

995

981

964

965

964

958

955

969

947

938

916

900

943

949

978

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

-

-

Premises and equipment, net

24

24

24

25

25

25

25

26

21

21

20

21

21

31

31

31

31

30

30

31

30

30

31

31

31

31

31

31

32

32

32

31

32

31

32

32

Federal Home Loan Bank stock

13

13

13

13

13

12

12

12

11

11

11

11

10

10

10

10

10

9

9

11

11

14

14

14

14

14

14

14

14

14

14

14

14

14

14

16

Investment in limited partnerships

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

1

1

1

2

2

2

2

2

2

2

2

3

3

3

3

Deferred tax asset, net

5

-

-

-

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset, net

-

4

4

6

-

12

11

10

7

10

10

11

12

10

10

10

12

11

13

13

13

14

13

15

17

17

18

16

15

14

16

16

17

15

16

20

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

1

2

2

1

Cash value of life insurance

60

61

60

60

60

59

59

59

52

52

52

51

51

51

51

51

51

51

51

51

51

50

50

50

49

49

49

48

48

48

47

47

47

46

46

45

Goodwill

22

22

22

22

22

22

22

23

1

1

1

1

1

1

1

1

1

1

1

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid FDIC premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

2

-

2

-

-

-

Prepaid FDIC premium

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

3

3

4

Core deposit intangibles

2

2

3

3

3

3

4

4

0

-

-

-

-

-

-

-

-

0

0

0

1

1

1

1

1

1

1

2

2

2

2

3

3

3

3

4

Other real estate owned and repossessed assets

1

1

2

1

2

1

1

1

0

0

0

1

1

0

1

2

2

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreclosed real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

7

7

-

-

-

-

Other assets

21

21

22

22

19

17

17

16

14

13

13

13

15

13

13

13

12

12

11

11

9

15

15

16

17

15

13

14

16

10

9

9

16

14

18

16

Total assets

2,063

2,073

2,090

2,064

2,049

2,021

2,011

1,996

1,588

1,581

1,575

1,551

1,553

1,533

1,510

1,499

1,478

1,456

1,445

1,430

1,423

1,416

1,410

1,388

1,391

1,405

1,408

1,413

1,422

1,472

1,471

1,439

1,427

1,432

1,429

1,406

Liabilities and Stockholders' Equity
Liabilities
Deposits
Noninterest-bearing

261

273

274

272

259

283

280

288

194

191

187

188

178

174

182

192

179

165

160

163

154

157

149

148

144

140

137

142

138

133

129

139

123

131

121

113

Interest-bearing

1,291

1,299

1,301

1,286

1,259

1,247

1,239

1,251

1,007

1,007

985

982

975

951

914

921

911

914

917

922

925

941

929

956

968

1,008

1,016

1,024

1,045

1,059

1,041

1,051

1,044

1,046

1,039

1,008

Total deposits

1,553

1,573

1,576

1,559

1,519

1,531

1,520

1,540

1,202

1,198

1,172

1,170

1,153

1,125

1,096

1,113

1,091

1,079

1,078

1,086

1,079

1,098

1,079

1,104

1,113

1,149

1,154

1,167

1,184

1,193

1,171

1,190

1,168

1,178

1,161

1,121

Federal Home Loan Bank advances

245

239

260

256

292

261

263

230

217

212

235

218

240

239

243

218

225

216

212

187

192

168

187

144

142

96

96

81

74

113

136

87

101

94

106

128

Other borrowings

17

17

17

17

17

17

18

18

4

4

4

4

4

8

9

9

9

9

9

9

10

10

10

10

10

11

11

11

11

11

12

12

12

12

12

13

Other liabilities

20

21

19

19

17

17

17

15

15

15

16

15

14

16

19

16

14

15

14

15

14

16

13

13

12

14

14

12

12

15

14

15

12

13

12

12

Total liabilities

1,836

1,851

1,874

1,852

1,846

1,827

1,818

1,805

1,438

1,431

1,429

1,408

1,413

1,390

1,368

1,358

1,341

1,321

1,314

1,299

1,296

1,294

1,290

1,273

1,279

1,272

1,277

1,273

1,282

1,333

1,334

1,304

1,294

1,299

1,293

1,275

Commitments and Contingencies

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

0

0

-

-

0

0

0

0

Stockholders' Equity
Preferred stock, $.01 par value Authorized - 5,000,000 shares Issued and outstanding - 28,923 shares; liquidation preference $1,000 per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value Authorized - 20,000,000 shares Issued and outstanding - 8,607,953 and 8,603,462 shares at December 31, 2019 and December 31, 2018, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital - preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

21

28

28

28

28

28

28

28

31

31

Additional paid-in capital

114

113

115

118

117

-

-

-

75

-

-

-

74

-

-

-

77

76

76

76

74

74

73

73

73

73

73

72

72

71

71

71

71

71

72

72

Additional paid-in capital

-

-

-

-

-

117

117

117

-

75

74

74

-

74

74

77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

103

99

94

90

87

83

79

76

74

74

71

69

67

64

62

59

58

55

53

50

49

47

45

43

41

39

38

36

35

34

32

31

31

31

31

31

Accumulated other comprehensive income (loss)

8

9

6

2

-2

-7

-4

-3

0

0

0

-0

-1

3

4

3

1

2

0

2

2

0

0

-1

-3

-2

-1

1

2

4

3

2

1

2

1

-3

Unearned benefit plan shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

Total stockholders' equity

226

221

216

211

202

193

192

191

150

150

146

142

140

143

141

140

137

135

130

130

126

122

119

115

111

132

131

140

139

139

136

134

132

133

136

131

Total liabilities and stockholders' equity

2,063

2,073

2,090

2,064

2,049

2,021

2,011

1,996

1,588

1,581

1,575

1,551

1,553

1,533

1,510

1,499

1,478

1,456

1,445

1,430

1,423

1,416

1,410

1,388

1,391

1,405

1,408

1,413

1,422

1,472

1,471

1,439

1,427

1,432

1,429

1,406