FIRST MERCHANTS CORP: 10-K filed 2017-03-01
What FIRST MERCHANTS CORP reported in its annual report filed 2017-03-01 (fiscal FY 2016): 33 published measures, 145 facts as tagged in accession 0000712534-17-000095.
This filing
- Form
- 10-K (annual report)
- Filed
- 2017-03-01
- Fiscal period
- fiscal FY 2016
- Accession
- 0000712534-17-000095 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All FIRST MERCHANTS CORP filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 7,211,611,000 | USD | |
| At 2015-12-31 | 6,761,003,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 6,309,954,000 | USD | |
| At 2015-12-31 | 5,910,494,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 901,657,000 | USD | |
| At 2015-12-31 | 850,509,000 | USD | |
| At 2014-12-31 | 726,827,000 | USD | |
| At 2013-12-31 | 634,923,000 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 127,927,000 | USD | |
| At 2015-12-31 | 102,170,000 | USD | |
| At 2014-12-31 | 118,616,000 | USD | |
| At 2013-12-31 | 109,434,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 22,293,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 81,051,000 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 21,059,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 20,006,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 17,693,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | 14,177,000 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 65,384,000 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 17,067,000 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 17,968,000 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 16,172,000 | USD | 90 |
| 2014-01-01 to 2014-12-31 | 60,162,000 | USD | 365 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 106,860,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 56,660,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 75,840,000 | USD | 365 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 370,742,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 267,285,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 59,333,000 | USD | 365 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | -451,845,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | -340,391,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | -125,991,000 | USD | 365 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 400,981,000 | USD | |
| At 2015-12-31 | 342,133,000 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 40,846,650 | shares | 92 |
| 2016-01-01 to 2016-12-31 | 40,767,343 | shares | 366 |
| 2016-07-01 to 2016-09-30 | 40,779,423 | shares | 92 |
| 2016-04-01 to 2016-06-30 | 40,751,720 | shares | 91 |
| 2016-01-01 to 2016-03-31 | 40,690,573 | shares | 91 |
| 2015-10-01 to 2015-12-31 | 37,908,873 | shares | 92 |
| 2015-01-01 to 2015-12-31 | 37,816,399 | shares | 365 |
| 2015-07-01 to 2015-09-30 | 37,850,827 | shares | 92 |
| 2015-04-01 to 2015-06-30 | 37,793,448 | shares | 91 |
| 2015-01-01 to 2015-03-31 | 37,709,883 | shares | 90 |
| 2014-01-01 to 2014-12-31 | 36,266,356 | shares | 365 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 41,124,179 | shares | 92 |
| 2016-01-01 to 2016-12-31 | 41,013,133 | shares | 366 |
| 2016-07-01 to 2016-09-30 | 41,025,784 | shares | 92 |
| 2016-04-01 to 2016-06-30 | 40,969,111 | shares | 91 |
| 2016-01-01 to 2016-03-31 | 40,916,972 | shares | 91 |
| 2015-10-01 to 2015-12-31 | 38,190,694 | shares | 92 |
| 2015-01-01 to 2015-12-31 | 38,088,233 | shares | 365 |
| 2015-07-01 to 2015-09-30 | 38,118,199 | shares | 92 |
| 2015-04-01 to 2015-06-30 | 38,043,359 | shares | 91 |
| 2015-01-01 to 2015-03-31 | 38,000,074 | shares | 90 |
| 2014-01-01 to 2014-12-31 | 36,554,609 | shares | 365 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 0.55 | USD/shares | 92 |
| 2016-01-01 to 2016-12-31 | 1.99 | USD/shares | 366 |
| 2016-07-01 to 2016-09-30 | 0.51 | USD/shares | 92 |
| 2016-04-01 to 2016-06-30 | 0.5 | USD/shares | 91 |
| 2016-01-01 to 2016-03-31 | 0.43 | USD/shares | 91 |
| 2015-10-01 to 2015-12-31 | 0.37 | USD/shares | 92 |
| 2015-01-01 to 2015-12-31 | 1.73 | USD/shares | 365 |
| 2015-07-01 to 2015-09-30 | 0.46 | USD/shares | 92 |
| 2015-04-01 to 2015-06-30 | 0.47 | USD/shares | 91 |
| 2015-01-01 to 2015-03-31 | 0.43 | USD/shares | 90 |
| 2014-01-01 to 2014-12-31 | 1.66 | USD/shares | 365 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 0.55 | USD/shares | 92 |
| 2016-01-01 to 2016-12-31 | 1.98 | USD/shares | 366 |
| 2016-07-01 to 2016-09-30 | 0.51 | USD/shares | 92 |
| 2016-04-01 to 2016-06-30 | 0.49 | USD/shares | 91 |
| 2016-01-01 to 2016-03-31 | 0.43 | USD/shares | 91 |
| 2015-10-01 to 2015-12-31 | 0.37 | USD/shares | 92 |
| 2015-01-01 to 2015-12-31 | 1.72 | USD/shares | 365 |
| 2015-07-01 to 2015-09-30 | 0.45 | USD/shares | 92 |
| 2015-04-01 to 2015-06-30 | 0.47 | USD/shares | 91 |
| 2015-01-01 to 2015-03-31 | 0.43 | USD/shares | 90 |
| 2014-01-01 to 2014-12-31 | 1.65 | USD/shares | 365 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 7,850,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 27,609,000 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 7,469,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 6,716,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 5,574,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | 4,418,000 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 25,665,000 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 6,557,000 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 8,856,000 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 5,834,000 | USD | 90 |
| 2014-01-01 to 2014-12-31 | 22,123,000 | USD | 365 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 94,432,000 | USD | |
| At 2015-12-31 | 97,648,000 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 2,600,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 2,270,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 2,177,000 | USD | 365 |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-10-01 to 2016-12-31 | 6,631,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 26,839,000 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 6,694,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 6,742,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 6,772,000 | USD | 91 |
| 2015-10-01 to 2015-12-31 | 6,440,000 | USD | 92 |
| 2015-01-01 to 2015-12-31 | 24,794,000 | USD | 365 |
| 2015-07-01 to 2015-09-30 | 6,215,000 | USD | 92 |
| 2015-04-01 to 2015-06-30 | 6,171,000 | USD | 91 |
| 2015-01-01 to 2015-03-31 | 5,968,000 | USD | 90 |
| 2014-01-01 to 2014-12-31 | 21,842,000 | USD | 365 |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 244,000,000 | USD | |
| At 2015-12-31 | 243,129,000 | USD | |
| At 2014-12-31 | 202,724,000 | USD |
Net finite-lived intangible assets
Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 14,866,000 | USD | |
| At 2015-12-31 | 16,635,000 | USD |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 1,980,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 1,640,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 1,067,000 | USD | 365 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 40,912,697 | shares | |
| At 2015-12-31 | 40,664,259 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 509,018,000 | USD | |
| At 2015-12-31 | 504,530,000 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | -13,581,000 | USD | |
| At 2015-12-31 | -1,362,000 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 205,026,000 | USD | |
| At 2015-12-31 | 206,863,000 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 110,594,000 | USD | |
| At 2015-12-31 | 109,215,000 | USD |
Net intangible assets excluding goodwill
Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 14,866,000 | USD | |
| At 2015-12-31 | 16,635,000 | USD |
Net deferred tax assets
Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-12-31 | 37,755,000 | USD | |
| At 2015-12-31 | 43,555,000 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 108,660,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 91,049,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 82,285,000 | USD | 365 |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 68,832,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 65,652,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 64,942,000 | USD | 365 |
Net income available to common stockholders
Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 81,051,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 65,384,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 60,162,000 | USD | 365 |
Amortization of intangible assets
Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 3,910,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 2,835,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 2,445,000 | USD | 365 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 8,611,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 4,444,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 15,048,000 | USD | 365 |
Income taxes paid, net
Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-12-31 | 11,999,000 | USD | 366 |
| 2015-01-01 to 2015-12-31 | 21,200,000 | USD | 365 |
| 2014-01-01 to 2014-12-31 | 6,209,000 | USD | 365 |
Inspect the source
- Entity
- FIRST MERCHANTS CORP / CIK 0000712534
- Captured
- 2026-09-19T14:58:36.211Z
- SEC response SHA-256
36f09e232f503ed3ff51281e04a234ebe387fd97d7aff4d1a435769f6707d2ed
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0000712534.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))