Mainsource Financial Group (MSFG) financial statements (2021 and earlier)

Company profile

Business Address 201 N BROADWAY
GREENSBURG, IN 47240
State of Incorp. IN
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)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments988768626166
Cash and cash equivalents988768626166
Disposal group, including discontinued operation  88  
Total current assets:988775716166
Noncurrent Assets
Property, plant and equipment827663615654
Intangible assets, net (including goodwill)15110981797071
Goodwill13710176736564
Intangible assets, net (excluding goodwill)1475557
Total noncurrent assets:233185144139126125
Other undisclosed assets4,3173,8093,1672,9132,6732,579
TOTAL ASSETS:4,6484,0803,3853,1232,8602,769
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1232682873  
Total current liabilities:1232682873  
Noncurrent Liabilities
Other undisclosed liabilities3,9923,3632,9762,6892,5542,446
Total liabilities:4,1153,6313,0042,7622,5542,446
Stockholders' equity
Stockholders' equity attributable to parent533449381361306324
Preferred stock     15
Common stock131211111110
Treasury stock, value(10)(11)(12)(9)(8)(9)
Additional paid in capital347299248247225224
Accumulated other comprehensive income431314126
Retained earnings178146122987858
Total stockholders' equity:533449381361306324
TOTAL LIABILITIES AND EQUITY:4,6484,0803,3853,1232,8602,769

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues209166144140  
Net investment income159128111103  
Financial services revenue50373337  
Cost of revenue(3)(3)(2)(3)(5)(10)
Amortization of mortgage servicing rights (msrs)(1)(2) (1)12
Financial services costs(1)(2)(2)(2)(5)(10)
Gross profit:206163142138(5)(10)
Operating expenses(101)(88)(75)(81)(67)(64)
Other operating income, net
(Noninterest Income, Other Operating Income)
344223
Operating income (loss):108787159(69)(71)
Nonoperating income221100
Investment income, nonoperating   0 (1)
Gains (losses) on sales of other real estate000(0)(1)(1)
Bank owned life insurance income221111
Mortgage servicing rights (msr) impairment (recovery)0  (0)(1)1
Interest and debt expense(16)(11)(8)(9)(10)(15)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (19)(19)(15)111119
Income from continuing operations before equity method investments, income taxes:945046373233
Other undisclosed loss from continuing operations before income taxes(32)     
Income from continuing operations before income taxes:625046373233
Income tax expense(13)(12)(10)(8)(5)(6)
Net income attributable to parent:493836292627
Preferred stock dividends and other adjustments    (1)(2)
Other undisclosed net income (loss) available to common stockholders, basic    (0)1
Net income available to common stockholders, diluted:493836292627

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:493836292627
Comprehensive income:493836292627
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1(10)(1)13(25)3
Comprehensive income, net of tax, attributable to parent:51293442230

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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