Mutualfirst financial inc, (MFSF)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating Activities
Net income

23,751

18,864

12,315

13,241

-

-

-

-

-

-

-

Net income

-

-

-

-

12,262

11,046

9,383

7,246

3,484

6,552

3,163

Items not requiring cash
Provision for loan losses

1,950

2,120

1,220

850

125

850

1,300

6,025

13,100

7,050

6,500

Depreciation and amortization

6,689

5,634

4,278

4,586

4,546

4,113

5,756

6,736

6,142

5,823

4,561

Deferred income tax

277

-3,465

-3,562

-1,537

-1,926

-1,087

-2,387

-582

-915

-429

-1,472

Increase in cash value of life insurance

1,239

1,239

1,113

1,159

1,184

1,158

1,396

1,351

1,420

1,556

1,573

Net accretion of purchase accounting adjustments

31

-439

264

420

-

-

-

-

-

-

-

Loans originated for sale

216,107

122,172

116,887

150,620

145,749

67,295

67,787

42,060

27,091

90,759

160,998

Proceeds from sales of loans held for sale

212,063

125,450

119,711

156,827

149,613

64,614

70,926

43,171

36,048

84,215

160,817

Net gain on sale of loans

5,871

3,126

3,887

4,761

4,176

1,849

852

1,870

2,293

1,593

797

Net gain on sale of securities, available for sale

1,014

804

708

-

-

-

-

-

-

-

-

Net gain on sale of securities, available for sale

-

-

-

1,023

-

-

-

-

-

-

-

Net gain on sale of securities, available for sale

-

-

-

-

436

313

835

2,831

2,048

-53

754

Gain on bank owned life insurance

738

327

-

346

204

-

-

-

-

-

-

Loss on sale of other real estate and repossessed assets

-19

-43

-122

-210

-111

-53

-320

-564

-426

-1,012

-2,886

Loss on impairment of securities

-

-

-

-

-

-

-

-

193

841

-

Loss on sale and disposal of premises and equipment

-

-

-

-

-

-

-

-

-44

-1

187

Prepaid FDIC premium

-

-

-

-

-

-

-1,647

-1,174

-1,387

-1,700

5,907

Change in
Interest receivable and other assets

-3,562

1,798

-619

1,349

1,321

386

586

-1,201

-688

-4,217

-2,093

Interest payable and other liabilities

-2,302

1,293

287

-5

277

774

507

726

1,325

-1,327

-1,346

Loss on other-than-temporary impairment, securities

-

-

-

-

-

-

-

-

-

-

2,555

Other equity adjustments

-

-

-

-

-

-

-474

-624

-335

-233

-214

Other adjustments

-231

-164

-259

-143

-143

-474

-375

-524

-655

-163

4,143

Net cash provided by operating activities

-

-

-

-

-

12,010

21,619

-

-

-

-

Net cash provided by operating activities

20,748

27,128

20,042

18,551

15,933

-

-

20,461

31,890

17,054

8,555

Investing Activities
Net change in interest-bearing time deposits

743

6,361

-860

-993

-

-

-

1,415

2,008

-3,423

-

Purchases of securities, available for sale

76,520

108,809

86,499

-

-

-

-

-

-

-

-

Purchases of securities, available for sale

-

-

-

88,161

67,414

48,001

99,766

114,448

201,578

254,021

84,539

Held to maturity

-

-

-

-

-

-

-

-

-

-

500

Proceeds from maturities and paydowns of securities, available for sale

44,156

31,920

26,622

37,872

41,824

31,709

53,348

68,847

47,574

55,705

19,079

Proceeds from sales of securities, available for sale

30,833

67,002

34,592

57,037

-

-

-

-

-

-

-

Held to maturity

-

-

-

-

-

-

-

-

-

1,534

1,577

Proceeds from sales of securities, available for sale

-

-

-

-

23,109

28,317

53,179

98,326

76,547

85,585

11,167

Redemption of Federal Home Loan Bank stock

-

-

-

-

2,154

2,427

-

-

-

-

-

Purchase of Federal Home Loan Bank stock

81

214

258

443

672

-

-

-

-

-

-

Net change in loans

27,333

66,903

32,901

-

-

-

-

-

-

-

-

Redemption of Federal Home Loan Bank stock

-

-

-

-

-

-

-

-

-2,292

-1,949

-

Net change in loans

-

-

-

92,946

67,561

41,611

3,863

88,639

-13,698

-65,481

-38,722

Net cash and cash equivalents paid in acquisition

-

7,673

-

-

-

900

-

-

-

-

-

Proceeds from sales of portfolio loans

26,624

-

18,543

-

-

-

-

-

-

-

-

Proceeds from sales of loans transferred to held for sale

-

-

-

-

-

-

-

3,669

46,471

-

-

Purchases of premises and equipment

1,538

1,466

1,809

2,079

2,413

1,306

1,025

2,139

1,117

648

1,091

Proceeds from sale of real estate owned and repossessed assets

2,703

1,598

980

2,497

2,260

7,605

3,753

4,539

4,426

4,465

1,841

Proceeds from bank owned life insurance

1,397

1,669

-

1,120

1,181

-

-

-

-

-

-

Proceeds from sale of premises and equipment

375

67

-

9,490

-

-

-

-

-

1

1,033

Other investing activities

-

-

-

-

-

-

-

-

-

-262

-29

Net cash used in investing activities

-

-

-

-

-

-21,760

5,626

-

-

-

-

Net cash provided by (used in) investing activities

1,359

-76,273

-41,079

-76,606

-67,532

-

-

-28,430

-9,679

-43,110

-12,678

Financing Activities
Net change in
Noninterest-bearing, interest-bearing demand and savings deposits

20,041

-33,214

50,235

-

-

-

-

-

-

-

-

Noninterest-bearing, interest-bearing demand and savings deposits

-

-

-

39,883

62,642

36,828

35,215

79,986

74,542

52,022

20,106

Certificates of deposit

14,071

35,176

-1,583

22,117

-50,580

-70,593

-106,140

-64,334

-29,474

24,351

62,575

Proceeds from FHLB advances

397,700

545,500

414,700

316,300

355,700

493,700

355,375

496,650

76,000

26,500

63,100

Repayments of FHLB advances

444,419

495,808

438,128

301,326

322,525

444,186

287,122

523,369

102,933

95,433

127,290

Proceeds from other borrowings

-

10,000

-

-

-

-

-

-

-

-

-

Repayments of other borrowings

515

335

-

5,312

-

-

-

-

-

-

-

Net repayments other borrowings

-

-

-

-

-759

-

-

-

-

-

-

Proceeds from other borrowings

-

-

-

-

-

-

-

-

-

-

10,000

Repayments of other borrowings

-

-

-

-

-

759

759

847

800

989

11,921

Proceeds from issuance of preferred stock

-

-

-

-

-

-

-

-

28,923

-

-

Redemption of preferred stock

-

-

-

-

-

-

28,924

-

33,282

-

-

Cash dividends

6,860

6,354

4,862

4,284

3,550

2,297

2,953

3,113

3,419

3,265

4,314

Stock options exercised

1,046

253

1,156

976

2,011

1,347

570

551

57

-73

-1,495

Stock repurchased

4,262

-

-

4,354

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

14,040

-34,738

-

-

-

-

Net cash provided by (used in) financing activities

-23,198

55,218

21,518

64,000

42,939

-

-

-14,476

9,614

3,113

10,761

Net Change in Cash and Cash Equivalents

-1,091

6,073

481

-

-

-

-

-

-

-

-

Net Change in Cash and Cash Equivalents

-

-

-

5,945

-8,660

4,290

-7,493

-22,445

31,825

-22,943

6,637

Additional Cash Flows Information
Interest paid

21,036

15,972

10,505

9,096

8,827

-

-

-

-

-

-

Interest paid

-

-

-

-

-

8,857

11,145

14,808

19,380

24,997

31,548

Income tax paid

1,500

350

2,500

2,650

2,850

2,500

1,800

600

450

450

550

Transfers from loans to loans held for sale

26,937

-

-

-

-

-

-

-

-

-

-

Transfers from loans to foreclosed assets

2,414

1,879

624

1,450

1,301

2,129

5,038

5,254

6,107

7,211

7,172

Mortgage servicing rights capitalized

818

438

549

482

460

278

464

294

430

682

1,579

Right of use assets obtained in exchange for lease obligations

3,603

-

-

-

-

-

-

-

-

-

-

Transfers from fixed assets to other assets

-

-

-

763

702

-

-

-

-

-

-

Fair value of assets acquired

-

406,558

-

-

-

-

-

-

-

-

-

Cash paid in acquisition

-

18,999

-

-

-

-

-

-

-

-

-

Common stock issued

-

42,323

-

-

-

-

-

-

-

-

-

Liabilities assumed

-

345,236

-

-

-

-

-

-

-

-

-