9 unchanged sentences
*** The peer group is a market-capitalization-weighted stock index of 35 banking companies in Illinois, Indiana, Michigan, Ohio, and Wisconsin.
−Removed: The following company included in this peer group in last year’s annual report has not been included this year, due to being acquired during 2020:
−Removed: Mutual First Financial, Inc.
Total return assumes reinvestment of dividends.
17 unchanged sentences
For information regarding restrictions on dividends, see Part I, Item 1, Business - Regulation and Supervision - Dividends and Part II, Item 8, Financial Statements and Supplementary Data - Note 20 of the Notes to Consolidated Financial Statements.
−Removed: Selected Financial Data.
−Removed: The following table shows selected financial data and should be read in conjunction with our Consolidated Financial Statements and the accompanying notes presented elsewhere herein.
−Removed: (Dollars in thousands, except per share amounts) 2020 2019 2018 2017 2016
−Removed: Interest income $ 263,031 $ 282,877 $ 257,316 $ 212,385 $ 191,760
−Removed: Interest expense 37,211 59,011 43,410 26,754 22,101
−Removed: Net interest income 225,820 223,866 213,906 185,631 169,659
−Removed: Provision for credit losses 36,001 15,833 19,462 8,980 5,833
−Removed: Net interest income after provision for credit losses 189,819 208,033 194,444 176,651 163,826
−Removed: Noninterest income 103,889 101,130 97,050 98,706 88,945
−Removed: Noninterest expense 187,367 189,009 186,467 173,997 163,645
−Removed: Income before income taxes 106,341 120,154 105,027 101,360 89,126
−Removed: Income taxes 24,880 28,139 22,613 33,309 31,340
−Removed: Net income 81,461 92,015 82,414 68,051 57,786
−Removed: Net income available to common shareholders $ 81,437 $ 91,960 $ 82,414 $ 68,051 $ 57,786
−Removed: Assets at year-end $ 7,316,411 $ 6,622,776 $ 6,293,745 $ 5,887,284 $ 5,486,268
−Removed: Long-term debt and mandatorily redeemable securities at year-end
−Removed: 81,864 71,639 71,123 70,060 74,308
−Removed: Shareholders’ equity at year-end 886,845 828,277 762,082 718,537 672,650
−Removed: Basic net income per common share 3.17 3.57 3.16 2.60 2.22
−Removed: Diluted net income per common share 3.17 3.57 3.16 2.60 2.22
−Removed: Cash dividends per common share 1.13 1.10 0.96 0.76 0.72
−Removed: Dividend payout ratio 35.65 % 30.81 % 30.48 % 29.23 % 32.45 %
−Removed: Return on average assets 1.14 % 1.41 % 1.34 % 1.21 % 1.08 %
−Removed: Return on average common shareholders’ equity 9.41 % 11.50 % 11.09 % 9.69 % 8.71 %
−Removed: Average common shareholders’ equity to average assets 12.15 % 12.25 % 12.08 % 12.46 % 12.38 %
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.