2012 Q3 Form 10-Q Financial Statement

#000115752312005938 Filed on November 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $45.35M $45.09M
YoY Change 0.58%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.100M $1.400M
YoY Change -21.43% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $5.445M $9.234M
YoY Change -41.03%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $15.16M $9.303M
YoY Change 62.98% 745.73%
Income Tax $3.926M $2.561M
% Of Pretax Income 25.89% 27.53%
Net Earnings $11.24M $6.742M
YoY Change 66.66% 321.38%
Net Earnings / Revenue 24.78% 14.95%
Basic Earnings Per Share $0.35 -$0.25
Diluted Earnings Per Share $0.35 -$0.25
COMMON SHARES
Basic Shares Outstanding 28.65M shares 26.37M shares
Diluted Shares Outstanding 28.89M shares 26.37M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $57.03M $60.17M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $51.37M $51.00M
YoY Change 0.73% -3.77%
Goodwill $141.4M
YoY Change
Intangibles $8.644M
YoY Change
Long-Term Investments
YoY Change
Other Assets $29.00M $36.00M
YoY Change -19.44% -29.41%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $4.250B $4.119B
YoY Change 3.18% -1.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.000M $2.000M
YoY Change 0.0% -50.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $210.0M $145.0M
YoY Change 44.83% 31.82%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.000M $2.000M
YoY Change 0.0% -50.0%
LONG-TERM LIABILITIES
Long-Term Debt $112.0M $195.0M
YoY Change -42.56% -14.47%
Other Long-Term Liabilities $39.00M $31.00M
YoY Change 25.81% 3.33%
Total Long-Term Liabilities $151.0M $226.0M
YoY Change -33.19% -12.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.000M $2.000M
Total Long-Term Liabilities $151.0M $226.0M
Total Liabilities $3.703B $3.606B
YoY Change 2.7% -3.01%
SHAREHOLDERS EQUITY
Retained Earnings $198.1M
YoY Change
Common Stock $3.584M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $546.9M $513.0M
YoY Change
Total Liabilities & Shareholders Equity $4.250B $4.119B
YoY Change 3.18% -1.46%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $11.24M $6.742M
YoY Change 66.66% 321.38%
Depreciation, Depletion And Amortization $1.100M $1.400M
YoY Change -21.43% 0.0%
Cash From Operating Activities $9.600M $9.600M
YoY Change 0.0% -32.39%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$19.40M -$8.300M
YoY Change 133.73% 130.56%
Cash From Investing Activities -$19.40M -$8.300M
YoY Change 133.73% 130.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $21.17M
YoY Change 10482.5%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.700M 7.900M
YoY Change -121.52% -157.25%
NET CHANGE
Cash From Operating Activities 9.600M 9.600M
Cash From Investing Activities -19.40M -8.300M
Cash From Financing Activities -1.700M 7.900M
Net Change In Cash -11.50M 9.200M
YoY Change -225.0% -387.5%
FREE CASH FLOW
Cash From Operating Activities $9.600M $9.600M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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frme Financing Receivable Modifications Pre Modification Recorded Investment During Period
FinancingReceivableModificationsPreModificationRecordedInvestmentDuringPeriod
8940000
frme Financing Receivable Modifications Post Modification Recorded Investment During Period
FinancingReceivableModificationsPostModificationRecordedInvestmentDuringPeriod
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frme Allowance For Loan And Lease Losses Loan Recoveries
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frme Proceeds From Issuance Of Common Stock Under Employee Benefit Plans
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561000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Trading Symbol
TradingSymbol
FRME
dei Entity Registrant Name
EntityRegistrantName
FIRST MERCHANTS CORP
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0000712534
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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P4Y3M29D
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us-gaap Income Tax Reconciliation Tax Exempt Income
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us-gaap Federal Deposit Insurance Corporation Premium Expense
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us-gaap Net Cash Provided By Used In Investing Activities
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43000
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2134000
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us-gaap Amortization Of Intangible Assets
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us-gaap Noninterest Income
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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frme Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Annual Forfeiture Rate
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frme Financing Receivable Modifications Subsequent Default Recorded Investment During Period
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frme Allowance For Loan And Lease Losses Loan Recoveries
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CY2011Q3 us-gaap Interest Income Securities Tax Exempt
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