First Defiance Financial Corp. (FDEF) financial statements (2021 and earlier)

Company profile

Business Address 601 CLINTON ST
DEFIANCE, OH 43512
State of Incorp. OH
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments160131991149980113
Cash and cash equivalents159131991149980113
Short-term investments1      
Disposal group, including discontinued operation      5
Total current assets:160131991149980117
Noncurrent Assets
Operating lease, right-of-use asset17 
Property, plant and equipment59404140373840
Intangible assets, net (including goodwill)348104103104636464
Goodwill3181009999626262
Intangible assets, net (excluding goodwill)30446122
Deferred costs87     
Total noncurrent assets:432150144144100102104
Other undisclosed assets6,6193,1872,9392,7352,2792,1161,957
TOTAL ASSETS:7,2123,4693,1822,9932,4782,2982,179
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 245261645964
Deferred tax liabilities1211141616
Total current liabilities: 246372787580
Noncurrent Liabilities
Liabilities, other than long-term debt 1     
Deferred income tax liabilities 1
Total noncurrent liabilities: 1     
Other undisclosed liabilities6,2293,0182,7192,5482,1061,9431,820
Total liabilities:6,2293,0432,7822,6202,1852,0171,899
Stockholders' equity
Stockholders' equity attributable to parent, including:982426400373293280280
Common stock0000000
Treasury stock, value(79)(70)(56)(51)(74)(69)(62)
Additional paid in capital689162162161126126136
Accumulated other comprehensive income (loss)155(2)0044
Retained earnings356329296263241220201
Other undisclosed stockholders' equity attributable to parent      1
Total stockholders' equity:982426400373293280280
TOTAL LIABILITIES AND EQUITY:7,2123,4693,1822,9932,4782,2982,179

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues256155139141117108107
Net investment income238141125108878176
Financial services revenue33292830
Cost of revenue(43)(3)(1)(3)(0)(0)(3)
Provision for loan, lease, and other losses(43)(3)(1)
Amortization of mortgage servicing rights (msrs)      (1)
Financial services costs(3)(0)(0)(1)
Gross profit:213152138138116108104
Operating expenses(70)(25)(25)(73)(60)(57)(56)
Other operating income, net
(Noninterest Income, Other Operating Income)
3312212
Operating income:14613011367585250
Nonoperating income3223112
Bank owned life insurance income3223112
Interest and debt expense(30)(25)(16)(11)(8)(7)(7)
Other undisclosed loss from continuing operations before equity method investments, income taxes(41)(46)(42)(10)(9)(8)(12)
Income from continuing operations before income taxes:79615748423833
Income tax expense(16)(11)(11)(16)(13)(11)(9)
Net income attributable to parent:63494632292624
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)  
Net income available to common stockholders, diluted:63494632292624

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:63494632292624
Other comprehensive income (loss)107(2)0(3)(0)4
Comprehensive income, net of tax, attributable to parent:73564432252628

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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