Financial Institutions, Inc. (FISI) financial statements (2022 and earlier)

Company profile

Business Address 220 LIBERTY STREET
WARSAW, NY 14569
State of Incorp. NY
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1161271451411057664
Cash and cash equivalents79951151061057664
Short-term investments37323135   
Disposal group, including discontinued operation      1
Total current assets:1161271451411057665
Noncurrent Assets
Operating lease, right-of-use asset222021
Property, plant and equipment40414143454239
Intangible assets, net (including goodwill)74747576757667
Goodwill67666666666660
Intangible assets, net (excluding goodwill)78910997
Regulated entity, other noncurrent assets1111111
Total noncurrent assets:138136138120121119107
Other undisclosed assets5,2674,6504,1004,0513,8803,5163,208
TOTAL ASSETS:5,5214,9124,3844,3124,1053,7103,381
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt305276470446332293
Total current liabilities:305276470446332293
Noncurrent Liabilities
Other undisclosed liabilities4,9864,4393,6703,4463,2783,0592,794
Total liabilities:5,0164,4443,9453,9153,7243,3903,087
Stockholders' equity
Stockholders' equity attributable to parent505468439396381320294
Preferred stock17171717171717
Common stock0000000
Treasury stock, value(9)(1)(2)(2)(3)(3)(4)
Additional paid in capital1261251251231218273
Accumulated other comprehensive income (loss)(13)2(15)(21)(12)(14)(11)
Retained earnings384325313280257238219
Total stockholders' equity:505468439396381320294
TOTAL LIABILITIES AND EQUITY:5,5214,9124,3844,3124,1053,7103,381

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues16315716014012210896
Net investment income1481441501311069284
Cost of revenue(0)(27)(0)(0)(0)(0) 
Provision for loan, lease, and other losses (27)  
Amortization of mortgage servicing rights (msrs)(0) (0)(0)(0)(0) 
Gross profit:16213016013912210896
Operating expenses(38)(38)(35)(34)(80)(73)(68)
Other operating income, net
(Noninterest Income, Other Operating Income)
4455545
Operating income:12896131110473933
Nonoperating income
(Bank Owned Life Insurance Income)
3222232
Interest and debt expense(12)(22)(39)(30)(17)(13)(10)
Income from continuing operations before equity method investments, income taxes:119769482313025
Other undisclosed income (loss) from continuing operations before income taxes(21)(30)(34)(32)121514
Income from continuing operations before income taxes:97465950434439
Income tax expense(20)(7)(11)(10)(10)(12)(11)
Net income attributable to parent:78384940343228
Preferred stock dividends and other adjustments(1)(1)(1)(1)(1)(1)(1)
Net income available to common stockholders, diluted:76374738323027

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:78384940343228
Other comprehensive income (loss)(15)1710(9)2(3)(2)
Comprehensive income, net of tax, attributable to parent:62555830362926

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: