M B T Financial Corp (MBTF) financial statements (2021 and earlier)

Company profile

Business Address 102 EAST FRONT STREET
MONROE, MI 48161
State of Incorp. MI
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)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments525353855278113
Cash and cash equivalents525353855278113
Disposal group, including discontinued operation    1  
Total current assets:525353855378113
Noncurrent Assets
Property, plant and equipment27272728292828
Total noncurrent assets:27272728292828
Other undisclosed assets1,2581,2671,2771,2291,1971,1171,128
TOTAL ASSETS:1,3371,3471,3571,3421,2791,2231,269
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt   1515  
Total current liabilities:   1515  
Noncurrent Liabilities
Other undisclosed liabilities1,2091,2151,2161,1801,1291,1121,185
Total liabilities:1,2091,2151,2161,1951,1441,1121,185
Stockholders' equity
Stockholders' equity attributable to parent12813314114713511184
Common stock2323232323152
Deferred compensation equity  (0)(0) (0)(0)
Accumulated other comprehensive loss(10)(8)(8)(2)(3)(11)(0)
Retained earnings11411812612611410781
Total stockholders' equity:12813314114713511184
TOTAL LIABILITIES AND EQUITY:1,3371,3471,3571,3421,2791,2231,269

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues4654545249  
Net investment income4642404039  
Financial services revenue12141211  
Cost of revenue
(Financial Services Costs)
    (1)(2) 
Gross profit:4654545249(2) 
Operating expenses(8)(31)(31)(30)(33)(26)(25)
Other operating income, net
(Noninterest Income, Other Operating Income)
 222234
Operating income (loss):3825252417(26)(20)
Nonoperating income 341300
Investment income, nonoperating 12 3  
Losses on sales of other real estate (0)(0)(0)(1)(1)(1)
Bank owned life insurance income 211111
Profit from real estate operations 000   
Interest and debt expense(2)(2)(2)(3)(4)(6)(10)
Income (loss) from continuing operations before equity method investments, income taxes:3626262217(32)(30)
Other undisclosed income (loss) from continuing operations before income taxes(14)(6)(5)(5)(7)3935
Income from continuing operations before income taxes:222121171075
Income tax expense (benefit)(4)(10)(6)(5)(3)18(4)
Net income:181115127262
Other undisclosed net income attributable to parent      7
Net income available to common stockholders, diluted:181115127269

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:181115127262
Other comprehensive income (loss)   08(11)(1)
Comprehensive income:1811151216150
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2)(0)(5)   7
Comprehensive income, net of tax, attributable to parent:161091216158

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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