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For the six months ended 30 June 2016, Firstmerit Corp interest income increased 1% to $402M. Net interest income after loan loss provision increased 1% to $357M. Net income applicable to common stockholders decreased 1% to $108.6M. Net interest income after loan loss provision reflects Retail segment increase of 8% to $90.7M, Wealth segment increase of 23% to $6.7M. Net income was offset by Other segment loss totaling $4.5M vs. income of $54K.
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Revenue | 266.45 | 268.08 | 265.71 | 271.49 |
Net Income | 58.31 | 54.14 | 56.75 | 59.01 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Assets | 26150.59 | 26062.65 | 25524.6 | 25246.92 |
Total Liabilities | 23103.43 | 23064.69 | 22584.51 | 22309.62 |
Total Equity | 3047.16 | 2997.96 | 2940.09 | 2937.3 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Period Length: | 0 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 35.75 | 313.7 | 224.34 | |
Cash From Investing Activities | -183.67 | -936.4 | -614.69 | |
Cash From Financing Activities | 444 | 389.09 | 104.51 | |
Net Change in Cash | 296.08 | -233.61 | -285.84 |
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