Company Information

  

Address: 102 EAST FRONT STREET  
City: MONROE 
State: MI 
Zip Code: 48161 
Telephone: 734-242-2893 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

MBT Financial Corp. (the "Corporation" or the "Company") is a bank holding company as defined by the Bank Holding Company Act of 1956, as amended (the "BHCA") headquartered in Monroe, Michigan. It was incorporated under the laws of the State of Michigan in January 2000, at the direction of the management of Monroe Bank & Trust (the "Bank"), for the purpose of becoming a bank holding company by acquiring all the outstanding shares of Monroe Bank & Trust. Monroe Bank & Trust was incorporated and chartered as Monroe State Savings Bank under the laws of the State of Michigan in 1905. In 1940, Monroe Bank & Trust consolidated with Dansard Bank and moved to the present address of its main office. Monroe Bank & Trust operated as a unit bank until 1950 when it opened its first branch office in Ida, Michigan. It then continued its expansion to its present total of 20 branch offices, including its main office.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.630.06017.38
06/20170.620.06015.65
03/20170.650.05017.46
12/20160.630.75018.02
09/20160.660.04013.71
06/20160.620.04012.90
03/20160.540.03014.91
12/20150.530.53012.89

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.64Total Liab/Total Assets0.90
Net Inc/Total Assets0.01Total Liab/Inv Cap0.90
Net Inc/Inv Cap0.01Total Liab/Comm Equity53.90
Pretax Inc/Net Sales0.36Interest Coverage Ratio68.33
Net Inc/Net Sales0.25Curr Debt/EquityNA
Cash Flow/Net Sales0.29LTD/EquityNA
SG&A/NetSales0.64Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover2.38Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E1.99  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 14.69 14.67 13.87 13.82
Cost of Goods Sold 0.43 0.43 0.46 0.45
Selling & Admin Exps 8.95 9.01 9.06 9.27
Operating Income NA NA NA NA
Interest Exp 0.00 0.00 0.00 0.00
Pretax Income 5.32 5.23 4.55 5.11
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 3.93 3.64 3.18 3.58

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 548.94 540.68 585.18 604.67
Receivables - Total 24.42 22.69 23.26 24.90
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 28.55 28.29 28.24 28.80
Total Assets 1,347.35 1,326.39 1,346.55 1,357.28
Liabilities        
Accounts Payable 16.05 15.10 13.93 16.45
Debt in Current Liabilities NA NA NA 0.00
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,211.38 1,192.17 1,217.00 1,216.17
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 22.72 22.56 22.39 22.56
Retained Earnings 117.77 115.45 112.94 126.08
Treasury Stock NA NA NA NA
Total Stockholders' Equity 135.97 134.22 129.55 141.11
Total Liabilities and Stockholders' Equity 1,347.35 1,326.39 1,346.55 1,357.28

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 3.85 4.89 2.64 5.27
Net Cash Provided by Investing Activities -32.91 22.16 -0.92 -31.66
Net Cash Provided by Financing Activities 16.94 -27.11 -13.81 18.26

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201259.898.540.49
12/201353.7325.541.41
12/201451.897.320.33
12/201555.3712.080.53
12/201657.3714.500.63
Growth Rates-1.0714.146.48

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/177211,23749.12




Report Date : 12/11/2017

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