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

12 Months Ended

Dec. 31, 2016



Condensed Balance Sheets
	2016		2015
Assets
Cash on deposit with Bank	$	1,098	$	2,732
Cash on deposit with others		24		24
Total cash		1,122		2,756
Investment in common stock of subsidiaries		142,812		143,459
Deferred tax		146		214
Other assets		265		262
Total assets	$	144,345	$	146,691

Liabilities
Other borrowings	$	4,189	$	9,458
Other liabilities		118		208
Total liabilities		4,307		9,666

Stockholders' Equity		140,038		137,025
Total liabilities and stockholders' equity	$	144,345	$	146,691



Condensed Statements of Income
	2016		2015		2014
Income
Interest income from bank	$	-	$	1	$	1
Dividends from subsidiaries		12,000		3,600		3,500
Total income		12,000		3,601		3,501
Expenses		976		1,182		994
Income before income tax and equity in undistributed income of subsidiaries		11,024		2,419		2,507
Income tax benefit		(399)		(591)		(337)
Income before equity in undistributed income (distributions in excess of income) of subsidiaries		11,423		3,010		2,844
Equity in undistributed income (distributions in excess of income) of subsidiaries		1,818		9,252		8,202
Net Income Available to Common Shareholders	$	13,241	$	12,262	$	11,046



Condensed Statements of Comprehensive Income
	2016		2015		2014
Net income	$	13,241	$	12,262	$	11,046
Other comprehensive income:
Net unrealized holding gain (loss) on securities available for sale		(3,297)		(1,186)		8,921
Net unrealized gain on securities available for sale for which a portion of an other-than-temporary impairment has been recognized in income		39		12		381
Less: Reclassification adjustment for realized gains included in net income		(1,023)		(436)		(313)
Net unrealized gain on derivative used for cash flow hedges		1		108		150
Net unrealized gain (loss) relating to defined benefit plan		62		77		(209)
		(4,218)		(1,425)		8,930
Income tax (expense) benefit related to other comprehensive income		1,474		537		(3,137)
Other comprehensive income (loss)		(2,744)		(888)		5,793
Comprehensive income	$	10,497	$	11,374	$	16,839



Condensed Statements of Cash Flows
	2016		2015		2014
Operating Activities
Net income	$	13,241	$	12,262	$	11,046
Item not requiring cash
Deferred income tax benefit		200		(102)		159
(Equity in undistributed income) distributions in excess of income of subsidiaries		(1,818)		(9,252)		(8,202)
Other		(183)		13		19
Net cash provided by operating activities		11,440		2,921		3,022

Investing Activity
Investment in subsidiary		(100)		(250)		-
Net cash used in investing activity		(100)		(250)		-

Financing Activities
Repayment of other borrowings	$	(5,312)	$	(759)	$	(759)
Stock repurchased		(4,354)		-		-
Cash dividends		(4,284)		(3,550)		(2,297)
Proceeds from stock options exercised		976		2,011		1,347
Net cash used in financing activities		(12,974)		(2,298)		(1,709)
Net Change in Cash		(1,634)		373		1,313
Cash, Beginning of Year		2,756		2,383		1,070
Cash, End of Year	$	1,122	$	2,756	$	2,383