Condensed Financial Information (Parent Company Only) (Tables) - MutualFirst Financial, Inc. [Member]

12 Months Ended

Dec. 31, 2015



Condensed Balance Sheets
	2015		2014
Assets
Cash on deposit with Bank	$	2,732	$	1,726
Cash on deposit with others		24		657
Total cash		2,756		2,383
Investment in common stock of subsidiaries		143,459		135,264
Deferred tax		214		149
Other assets		262		-
Total assets	$	146,691	$	137,796

Liabilities
Other borrowings	$	9,458	$	10,174
Other liabilities		208		85
Total liabilities		9,666		10,259

Stockholders' Equity		137,025		127,537
Total liabilities and stockholders' equity	$	146,691	$	137,796



Condensed Statements of Income
	2015		2014		2013
Income
Interest income from bank	$	1	$	1	$	4
Dividends from subsidiaries		3,600		3,500		30,692
Total income		3,601		3,501		30,696
Expenses		1,182		994		1,036
Income before income tax and equity in undistributed income of subsidiaries		2,419		2,735		29,843
Income tax benefit		(591)		(337)		(342)
Income before equity in undistributed income (distributions in excess of income) of subsidiaries		3,010		3,072		30,185
Equity in undistributed income (distributions in excess of income) of subsidiaries		9,252		7,974		(20,802)
Net Income		12,262		11,046		9,383
Preferred stock dividends and accretion		-		-		1,257
Net Income Available to Common Shareholders	$	12,262	$	11,046	$	8,126



Condensed Statements of Comprehensive Income
	2015		2014		2013
Net income	$	12,262	$	11,046	$	9,383
Other comprehensive income:
Net unrealized holding gain (loss) on securities available for sale		(1,186)		8,921		(9,810)
Net unrealized gain on securities available for sale for which a portion of an other-than-temporary impairment has been recognized in income		12		381		800
Less: Reclassification adjustment for realized gains included in net income		(436)		(313)		(835)
Net unrealized gain on derivative used for cash flow hedges		108		150		157
Net unrealized gain (loss) relating to defined benefit plan		77		(209)		149
		(1,425)		8,930		(9,539)
Income tax (expense) benefit related to other comprehensive income		537		(3,137)		3,321
Other comprehensive income (loss)		(888)		5,793		(6,218)
Comprehensive income	$	11,374	$	16,839	$	3,165



Condensed Statements of Cash Flows
	2015		2014		2013
Operating Activities
Net income	$	12,262	$	11,046	$	9,383
Item not requiring cash
ESOP shares earned		-		-		474
Deferred income tax benefit		(102)		159		71
(Equity in undistributed income) distributions in excess of income of subsidiaries		(9,252)		(8,202)		20,619
Other		13		19		(365)
Net cash provided by operating activities		2,921		3,022		30,182

Investing Activity
Investment in subsidiary		(250)		-		-
Net cash used in investing activity		(250)		-		-

Financing Activities
Repayment of other borrowings		(759)		(759)		(759)
Stock repurchased		-		-		(28,924)
Cash dividends		(3,550)		(2,297)		(2,953)
Proceeds from stock options exercised		2,011		1,347		570
Net cash used in financing activities		(2,298)		(1,709)		(32,066)
Net Change in Cash		373		1,313		(1,884)
Cash, Beginning of Year		2,383		1,070		2,954
Cash, End of Year	$	2,756	$	2,383	$	1,070