SI Financial Group, Inc. (SIFI) financial statements (2021 and earlier)

Company profile

Business Address 803 MAIN STREET
WILLIMANTIC, CT 06226
State of Incorp.
Fiscal Year End December 31
SIC 6035 - Savings Institutions, Federally Chartered (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 investments88837341392738
Cash and cash equivalents88837341392738
Disposal group, including discontinued operation    1  
Total current assets:88837341402738
Noncurrent Assets
Property, plant and equipment20192021222111
Long-term investments and receivables 22211 
Long-term investments 22211 
Intangible assets, net (including goodwill)1212121212113
Goodwill1212121212113
Total noncurrent assets:31333435353415
Other undisclosed assets1,5311,4651,4441,4061,2761,285901
TOTAL ASSETS:1,6501,5811,5511,4821,3511,346953
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,4781,4121,3861,3281,1931,194827
Total liabilities:1,4781,4121,3861,3281,1931,194827
Stockholders' equity
Stockholders' equity attributable to parent172168165154158153126
Common stock0000000
Additional paid in capital12612712612512512595
Deferred compensation equity(0)(0)(0)(1)(1)(2)(2)
Accumulated other comprehensive income (loss)(2)(1)(1)(0)0(1)1
Retained earnings50464334373537
Unearned esop shares(2)(3)(3)(4)(4)(5)(5)
Total stockholders' equity:172168165154158153126
TOTAL LIABILITIES AND EQUITY:1,6501,5811,5511,4821,3511,346953

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
Revenues58616156560 
Revenue, net   00 
Net investment income5854534848  
Financial services revenue7889  
Cost of revenue(3)(1)(2)(3)(2)(1)(3)
Provision for loan, lease, and other losses(3)
Financial services costs(1)(2)(3)(2)(1)(3)
Gross profit:5561585455(1)(3)
Operating expenses(16)(36)(36)(36)(41)(25)(20)
Other operating income, net
(Noninterest Income, Other Operating Income)
2211111
Operating income (loss):4127241815(25)(22)
Nonoperating income1111000
Investment income, nonoperating    (0)(0)(0)
Losses on sales of other real estate    (0)(0)(0)
Bank owned life insurance income1111100
Interest and debt expense(13)(11)(10)(9)(8)(8)(10)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(17)(3)2(3)(0)3233
Income (loss) from continuing operations before income taxes:12141666(1)1
Income tax expense (benefit)(3)(8)(5)(2)(2)0(0)
Net income (loss) available to common stockholders, diluted:1051144(1)1

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 (loss):1051144(1)1
Other comprehensive income (loss)(1)(1)(1)(1)2  
Comprehensive income (loss):841046(1)1
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0110(1)(2)2
Comprehensive income (loss), net of tax, attributable to parent:951145(3)3

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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