Firstbank Balance Sheet - Annual (NASDAQ:FBMI)

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$21.59 $0.53 (2.52%) FBMI stock closing price May 30, 2014 (Closing)

The financial analysis of a company like Firstbank involves checking the three financial statements of the company in detail, of which the balance sheet is one. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Firstbank stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. Firstbank revenue was $69.06M and Firstbank operating cash flow was $25.68M forĀ 2013. The balance sheet shows total liabilities of $1.34B and shareholders equity of $137.62M. View latest and last 10 year balance sheet data to check Firstbank financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2013 2012 2011 2010 2009 2008 2007 2006
Cash29.81M41.47M44.58M35.72M27.25M33.05M42.19M32.08M
Marketable Securities45.79M61.06M35.66M48.22M82.93M30.88M4M24.85M
Receivables990.72M968.6M987.95M1.04B1.13B1.17B1.14B918.61M
Inventory0.4M2.92M0.34M1.35M0.57M1.4M1.72M1.12M
Raw Materials--------
Work In Progress--------
Finished Goods--------
Notes Receivable--------
Other Current Assets--------
Firstbank Total Current Assets
1.07B1.07B1.07B1.12B1.25B1.24B1.19B976.67M
Property Plant & Equipment56.66M56.5M57.21M56.68M57.1M56.73M--
Accumulated Depreciation32.49M32.15M32.13M31.25M31.66M29.79M--
Firstbank Net Property Plant & Equipment
24.16M24.35M25.08M25.43M25.43M26.94M27.55M20.23M
Investment & Advances350.86M360.94M349.45M263.9M166.01M121.95M112.46M75.04M
Other Non-Current Assets1.83M2.92M5.25M8.31M7.42M---
Deferred Charges--------
Intangibles36.1M36.47M36.96M37.65M38.45M39.48M34.42M20.09M
Deposits & Other Assets------5.83M3.04M
Firstbank Total Assets
1.48B1.5B1.49B1.46B1.48B1.43B1.37B1.1B
Notes Payable47.63M42.78M46.78M41.32M39.4M59.27M43.7M35.25M
Accounts Payable1.23B1.24B1.22B1.18B1.15B1.05B1.01B835.42M
Current Portion Long-Term Debt--------
Current Portion Capital Leases--------
Accrued Expenses5.79M8.94M7.05M8.06M10.65M12.16M17.82M13.61M
Income Taxes Payable--------
Other Current Liabilities--------
Firstbank Total Current Liabilities
1.29B1.29B1.27B1.23B1.2B1.12B1.07B884.29M
Mortgages--------
Deferred Taxes/Income--------
Convertible Debt--------
Long-Term Debt55.87M58.57M55.54M76.74M136.34M192M174.21M114.72M
Non-Current Capital Leases--------
Other Long-Term Liabilities--------
Firstbank Total Liabilities
1.34B1.35B1.33B1.31B1.34B1.31B1.25B999.01M
Minority Interest--------
Preferred Stock-16.9M32.79M32.76M32.73M---
Common Stock Net116.64M115.62M115.73M115.22M114.77M113.41M111.43M91.65M
Capital Surplus--------
Retained Earnings20.73M10.92M3.95M0.29M-1.22M0.68M6.69M4.55M
Treasury Stock--------
Other Liabilities0.24M3.6M2.89M0.14M0.59M0.88M0.48M-0.13M
Firstbank Shareholders Equity
137.62M147.05M155.37M148.42M146.88M114.98M118.61M96.07M
Firstbank Total Liabilities & Shareholders Equity
1.48B1.5B1.49B1.46B1.48B1.43B1.37B1.1B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Firstbank stock price by looking at Firstbank historical stock prices. One can compare PE with industry average by looking at the Firstbank PE ratio chart. The common balance sheet items are:
  • Assets: An asset is a resource that a corporation like Firstbank owns and has monetary significance. FBMI assets decreased from $1.5B in 2012 to $1.48B in 2013 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Firstbank's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for FBMI stock stand at $1.34B.
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