Mutualfirst financial inc, (MFSF)
Income statement / TTM
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'11Mar'11Sep'10Jun'10
Interest and Dividend Income
Loans receivable

73,623

74,075

73,223

72,419

68,474

63,085

58,292

53,307

51,231

50,295

49,052

47,814

46,785

45,816

45,140

44,544

44,190

44,010

43,724

43,622

43,522

43,372

43,548

43,771

44,028

44,479

44,931

45,539

46,095

47,395

48,855

50,622

52,728

54,999

57,250

0

0

0

Investment securities

10,723

10,872

11,000

10,963

10,363

9,392

8,431

7,483

7,037

6,865

6,666

6,531

6,500

6,860

7,027

7,109

7,090

6,817

6,838

6,939

7,036

7,144

7,217

7,129

7,107

7,657

7,878

8,296

8,751

0

0

0

-

-

-

-

-

-

Federal Home Loan Bank stock

692

681

645

594

606

581

555

545

470

464

457

451

441

445

452

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Federal Home Loan Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

592

582

576

503

503

486

468

450

414

414

409

406

384

369

0

0

0

Other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Deposits with financial institutions

291

298

277

272

251

228

198

172

130

106

96

81

76

63

47

27

14

15

18

19

17

25

24

28

29

39

49

48

52

53

56

80

92

116

155

0

0

0

Total interest and dividend income

85,329

85,926

85,145

84,248

79,694

73,286

67,476

61,507

58,868

57,730

56,271

54,877

53,802

53,172

52,654

52,127

51,776

51,356

51,110

51,123

51,178

51,133

51,371

51,504

51,667

52,261

53,128

54,351

55,348

56,520

57,862

59,568

61,353

63,463

65,616

0

0

0

Interest Expense
Deposits

15,119

14,751

13,683

12,322

10,856

9,451

8,363

7,457

6,815

6,299

5,827

5,476

5,296

5,176

5,121

5,172

5,259

5,433

5,606

5,799

6,128

6,762

7,645

8,528

9,337

0

0

0

-

-

-

0

-

-

-

-

-

-

Passbook savings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

0

0

0

Certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

0

0

0

Daily Money Market accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

0

0

0

Demand and NOW accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Demand and NOW accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Federal Home Loan Bank advances

4,950

5,364

5,491

5,343

4,869

4,364

3,971

3,680

3,604

3,589

3,581

3,595

3,604

3,545

3,466

3,293

3,063

2,875

2,624

2,416

2,225

1,963

1,712

1,495

1,284

1,268

1,481

1,779

2,119

2,433

2,641

2,888

3,186

3,804

4,731

0

0

0

Other

963

986

974

1,022

866

669

493

242

192

209

257

300

347

366

403

445

481

536

544

554

570

587

593

598

603

637

685

734

785

798

810

822

833

860

887

0

0

0

Total interest expense

21,032

21,101

20,148

18,687

16,591

14,484

12,827

11,379

10,611

10,097

9,665

9,371

9,247

9,087

8,990

8,910

8,803

8,844

8,774

8,769

8,923

9,312

9,950

10,621

11,224

11,912

12,704

13,597

14,704

15,931

17,192

18,694

20,034

21,584

23,255

0

0

0

Net Interest Income

64,297

64,825

64,997

65,561

63,103

58,802

54,649

50,128

48,257

47,633

46,606

45,506

44,555

44,085

43,664

43,217

42,973

42,512

42,336

42,354

42,255

41,821

41,421

40,883

40,443

40,349

40,424

40,754

40,644

40,588

40,669

40,873

41,319

41,879

42,361

0

0

0

Provision for loan losses

1,950

1,975

2,120

2,145

2,120

1,870

1,670

1,470

1,220

1,120

1,000

850

850

0

0

0

-

-

-

-

850

-100

650

700

1,300

3,600

4,325

5,625

6,025

8,675

10,400

10,250

13,100

11,325

9,650

0

0

0

Net Interest Income After Provision for Loan Losses

62,347

62,850

62,877

63,416

60,983

56,932

52,979

48,658

47,037

46,513

45,606

44,656

43,705

43,360

43,189

42,892

42,848

42,512

42,336

41,854

41,405

41,921

40,771

40,183

39,143

36,749

36,099

35,129

34,619

31,913

30,269

30,623

28,219

30,554

32,711

0

0

0

Non-interest Income
Net realized gain on sales of available for sale securities

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service fee income

-

-

-

8,181

-

-

-

6,748

-

6,472

6,336

6,150

6,124

6,046

6,027

5,963

5,947

5,916

5,938

6,012

5,995

6,004

5,933

5,759

5,989

5,825

6,022

6,410

6,492

6,843

7,061

7,035

6,987

7,021

7,046

0

0

0

Net realized gain on sales of available for sale securities

-

-

-

1,094

-

-

-

733

-

614

661

1,034

1,023

875

840

314

436

300

318

403

313

436

814

646

835

2,091

2,733

2,973

2,831

1,783

2,452

2,170

2,048

1,458

-270

0

0

0

Commissions

-

-

-

4,799

-

-

-

5,093

-

5,060

5,059

5,145

5,049

4,939

4,844

4,582

4,603

4,807

4,871

4,907

4,868

4,645

4,458

4,454

4,354

4,177

3,995

3,857

3,894

3,770

3,790

3,759

3,691

3,730

3,934

0

0

0

Equity in losses of limited partnerships

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-464

-504

-504

-498

-499

-482

-470

-384

-384

-404

0

0

0

Net gains on sales of loans

5,871

5,051

4,126

3,521

3,126

3,386

3,543

3,752

3,887

3,591

4,129

4,591

4,761

4,806

4,496

4,210

4,176

4,184

3,390

2,651

1,849

1,128

768

520

852

1,136

1,593

2,174

1,870

3,425

3,129

2,763

2,723

1,531

1,496

0

0

0

Net servicing fees

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net servicing fees

-

-

-

590

-

-

-

440

-

399

381

363

332

308

284

276

274

274

273

206

114

131

128

560

556

393

314

-263

-203

93

-227

-67

-73

-258

109

0

0

0

Increase in cash value of life insurance

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash value of life insurance

1,239

1,254

1,255

1,252

1,239

0

0

0

-

-

-

-

-

-

-

1,180

1,184

1,185

1,188

1,179

1,158

1,320

1,346

1,346

1,396

1,277

1,296

1,328

1,351

1,365

1,371

1,409

1,420

1,701

1,727

0

0

0

Loss on sale of other real estate and repossessed assets

-19

-39

-44

-4

-43

-121

-158

-244

-122

-100

-14

-127

-210

-176

-278

-58

-111

188

137

-73

-53

-589

-616

-401

-320

-93

45

-152

-564

-591

-643

-545

-426

-517

-821

0

0

0

Total other-than-temporary losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Portion of loss recognized in other comprehensive income (before taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

530

530

671

0

0

0

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other income

2,485

892

826

791

1,055

850

778

735

488

538

645

1,246

1,184

1,356

1,260

652

630

562

610

616

641

524

424

417

401

539

494

410

351

208

230

235

217

116

136

0

0

0

Total non-interest income

24,921

21,934

21,124

20,224

19,574

19,126

18,521

18,387

18,076

17,694

18,326

19,549

19,422

19,319

18,646

17,119

17,139

17,416

16,725

15,901

14,885

13,937

13,509

13,427

14,063

14,881

15,988

16,233

15,524

16,400

16,683

16,291

16,010

14,107

12,511

0

0

0

Non-interest Expenses
Salaries and employee benefits

36,313

34,822

34,148

34,235

32,964

31,167

29,886

27,792

27,229

27,466

27,536

27,662

27,427

26,663

26,063

25,487

25,526

25,054

24,801

24,217

23,560

23,588

22,782

22,814

22,492

21,791

21,782

21,543

21,335

21,495

21,462

21,509

21,690

21,417

21,509

0

0

0

Net occupancy expenses

4,055

4,031

4,113

4,112

3,965

3,752

3,453

3,221

3,133

2,829

2,633

2,471

2,308

2,428

2,389

2,303

2,260

2,165

2,106

2,191

2,258

2,379

2,129

2,063

2,087

2,067

2,464

2,457

2,339

2,212

2,154

2,286

2,385

2,545

2,544

0

0

0

Equipment expenses

2,441

2,430

2,491

2,605

2,514

2,355

2,162

1,902

1,773

1,706

1,712

1,758

1,818

1,908

1,939

1,865

1,831

1,871

1,842

1,867

1,872

1,804

1,807

1,829

1,837

1,876

1,877

1,913

1,846

1,747

1,798

1,807

1,889

1,967

1,957

0

0

0

Data processing fees

2,613

2,656

2,645

2,682

2,624

2,560

2,495

2,360

2,321

2,223

2,105

2,056

1,991

1,909

1,855

1,791

1,746

1,681

1,622

1,596

1,558

1,531

1,484

1,453

1,431

1,442

1,477

1,493

1,539

1,553

1,565

1,557

1,529

1,516

1,531

0

0

0

ATM and debit card expenses

2,334

2,332

2,406

2,381

2,290

2,099

1,892

1,729

1,676

1,694

1,628

1,574

1,536

1,500

1,490

1,481

1,436

1,407

1,396

1,365

1,320

1,301

1,227

1,181

1,132

1,040

1,002

989

977

981

964

935

1,014

1,070

1,126

0

0

0

Deposit insurance

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit insurance

-

-

832

848

-

-

825

768

-

726

710

767

788

852

912

899

897

909

923

981

1,019

1,033

1,045

1,091

1,145

1,211

1,272

1,270

1,260

1,261

1,279

1,297

1,491

1,634

1,758

0

0

0

Professional fees

2,706

1,827

1,803

1,803

2,177

2,393

2,305

2,241

1,855

1,714

1,761

1,733

1,807

1,673

1,632

1,635

1,695

1,666

1,664

1,720

1,628

1,674

1,616

1,496

1,394

1,402

1,504

1,611

1,616

1,659

1,672

1,622

1,641

1,474

1,285

0

0

0

Advertising and promotion

1,323

1,301

1,421

1,575

1,606

1,593

1,467

1,271

1,223

1,063

1,123

1,089

1,204

1,232

1,178

1,287

1,193

1,510

1,601

1,529

1,497

1,364

1,363

1,495

1,464

1,483

1,585

1,519

1,602

1,617

1,582

1,510

1,458

1,349

1,202

0

0

0

Software subscriptions and maintenance

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Software subscriptions and maintenance

-

-

-

2,894

-

-

-

2,227

-

2,209

2,224

2,206

2,117

2,015

1,918

1,802

1,749

1,735

1,710

1,663

1,652

1,601

1,574

1,499

1,452

1,396

1,389

1,473

1,471

1,478

1,432

1,350

1,301

1,345

1,410

0

0

0

Intangible amortization

779

847

976

1,151

1,100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

0

0

0

Other real estate and repossessed assets

256

219

223

197

189

186

174

163

165

145

67

48

73

115

246

319

374

490

559

623

631

691

710

735

773

719

786

891

881

887

919

944

942

893

902

0

0

0

Other expenses

4,911

4,577

4,716

5,829

5,684

5,047

4,710

3,475

3,440

3,354

3,548

3,706

4,011

4,826

4,790

4,676

4,440

4,427

4,445

4,397

4,383

4,214

4,235

4,365

4,480

5,677

5,670

5,425

5,399

5,352

5,268

5,296

5,076

3,774

3,813

0

0

0

Total non-interest expenses

61,158

58,705

58,796

60,315

58,733

55,651

52,522

47,576

46,005

45,549

45,467

45,490

45,500

45,121

44,412

43,545

43,147

42,915

42,669

42,149

41,378

41,180

39,972

40,021

39,687

39,620

40,553

40,584

40,265

39,837

39,741

39,809

40,416

40,212

40,334

0

0

0

Income Before Income Tax

26,110

26,079

25,205

23,325

21,824

20,407

18,978

19,469

19,108

18,658

18,465

18,715

17,627

17,558

17,423

16,466

16,840

17,013

16,392

15,606

14,912

14,678

14,308

13,589

13,519

12,010

11,534

10,778

9,878

8,476

7,211

7,105

3,813

4,449

4,888

0

0

0

Income tax expense

2,359

3,666

3,524

3,230

2,960

5,373

5,595

6,353

6,793

4,566

4,642

4,633

4,386

4,216

4,338

4,320

4,578

4,428

4,281

4,099

3,866

4,470

4,379

4,162

4,136

3,447

3,270

2,982

2,632

2,185

1,645

1,502

329

393

505

0

0

0

Net Income

23,751

22,413

21,681

20,095

18,864

15,034

13,383

13,116

12,315

14,092

13,823

14,082

13,241

13,342

13,085

12,146

12,262

0

0

0

-

-

-

-

9,383

8,563

8,264

7,796

7,246

6,291

5,566

5,603

3,484

4,056

4,383

0

0

0

Preferred stock dividends and accretion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,257

1,271

1,362

1,446

1,446

1,447

1,937

2,026

2,115

2,204

1,803

0

0

0

Net Income Available to Common Shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,862

9,312

8,532

8,126

7,292

6,902

6,350

5,800

4,844

3,629

3,577

1,369

1,851

2,580

0

0

0

Earnings Per Common Share
Basic

0.77

0.72

0.67

0.61

0.62

0.63

0.49

0.51

0.19

0.51

0.53

0.44

0.43

0.48

0.56

0.32

0.44

0.44

0.44

0.34

0.51

0.38

0.37

0.28

0.35

0.31

0.26

0.23

0.24

0.26

0.18

0.15

0.10

0.09

0.18

-0.17

0.17

0.19

Diluted

0.77

0.71

0.66

0.60

0.61

0.62

0.48

0.50

0.19

0.50

0.52

0.43

0.43

0.47

0.55

0.31

0.43

0.43

0.43

0.33

0.49

0.37

0.36

0.27

0.35

0.30

0.25

0.22

0.23

0.26

0.18

0.15

0.10

0.09

0.18

-0.17

0.17

0.19

Dividends Per Common Share

0.20

0.20

0.20

0.20

0.20

0.18

0.18

0.18

0.18

0.16

0.16

0.16

0.16

0.14

0.14

0.14

0.12

0.12

0.12

0.12

0.10

0.08

0.08

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

-

0.06

0.06

0.06

0.06

0.06

Service Fees [Member]
Non-interest income

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commissions [Member]
Non-interest income

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-