Southern Michigan Bancorp, Inc. (SOMC)
OTCMKTS
· Delayed Price · Currency is USD
19.50
0.00 (0.00%)
May 13, 2025, 11:30 AM EDT
Southern Michigan Bancorp Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Cash & Equivalents | 115.93 | 69.5 | 73.09 | 75.7 | 117.85 | 98.03 | Upgrade
|
| Investment Securities | 223.25 | 187.67 | 179.9 | 187.91 | 187.04 | 159.69 | Upgrade
|
| Trading Asset Securities | - | 0.36 | 0.33 | 0.45 | 0.92 | 1.6 | Upgrade
|
| Mortgage-Backed Securities | - | 40.9 | 51.84 | 60.4 | 59.38 | 49.37 | Upgrade
|
| Total Investments | 223.25 | 228.93 | 232.07 | 248.76 | 247.34 | 210.65 | Upgrade
|
| Gross Loans | 1,138 | 1,116 | 1,036 | 886.63 | 741.41 | 635.87 | Upgrade
|
| Allowance for Loan Losses | -12.78 | -12.78 | -11.7 | -9.59 | -9.32 | -7.79 | Upgrade
|
| Net Loans | 1,125 | 1,104 | 1,025 | 877.04 | 732.09 | 628.08 | Upgrade
|
| Property, Plant & Equipment | 25.53 | 28.64 | 26.14 | 19.85 | 15.76 | 16.44 | Upgrade
|
| Goodwill | 13.42 | 13.42 | 13.42 | 13.42 | 13.42 | 13.42 | Upgrade
|
| Other Intangible Assets | 0.1 | 0.11 | 0.15 | 0.18 | 0.22 | 0.26 | Upgrade
|
| Loans Held for Sale | 0.69 | 1 | 0.17 | - | 1.15 | 1.69 | Upgrade
|
| Accrued Interest Receivable | - | 7.67 | 6.66 | 5.54 | 4.19 | 4.75 | Upgrade
|
| Restricted Cash | - | - | - | 1.81 | 1.81 | 1.81 | Upgrade
|
| Long-Term Deferred Tax Assets | - | 7.85 | 7.91 | 9.11 | 3 | 1.71 | Upgrade
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| Other Long-Term Assets | 59.02 | 30.93 | 26.74 | 22.42 | 22.3 | 18.71 | Upgrade
|
| Total Assets | 1,563 | 1,497 | 1,415 | 1,277 | 1,161 | 997.57 | Upgrade
|
| Accrued Expenses | 18.34 | 8.45 | 6 | 3.69 | 4.53 | 7.63 | Upgrade
|
| Interest Bearing Deposits | 1,090 | 881.46 | 812.06 | 745.8 | 665.53 | 564.68 | Upgrade
|
| Institutional Deposits | - | 146.76 | 119.74 | 76.55 | 45.85 | 52.83 | Upgrade
|
| Non-Interest Bearing Deposits | 225.52 | 223.58 | 226.18 | 268.7 | 262.98 | 220.79 | Upgrade
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| Total Deposits | 1,315 | 1,252 | 1,158 | 1,091 | 974.35 | 838.3 | Upgrade
|
| Short-Term Borrowings | 1.16 | 1.56 | 1.74 | 11.18 | 20.61 | 20.08 | Upgrade
|
| Current Portion of Long-Term Debt | - | - | - | 20 | - | - | Upgrade
|
| Current Portion of Leases | - | 0.3 | - | - | - | - | Upgrade
|
| Long-Term Debt | 34.74 | 29.93 | 88.99 | 29.88 | 30.27 | 8.1 | Upgrade
|
| Federal Home Loan Bank Debt, Long-Term | 82.9 | 82.9 | 47.9 | 20 | 20 | 20 | Upgrade
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| Long-Term Leases | - | 2.99 | 3.25 | 3.49 | 2.8 | - | Upgrade
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| Trust Preferred Securities | - | 5.16 | 5 | 5.16 | 5.16 | 5.16 | Upgrade
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| Pension & Post-Retirement Benefits | - | 1.96 | 2.04 | 2.12 | 2.15 | 2.01 | Upgrade
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| Other Long-Term Liabilities | - | 4.29 | 4.08 | 3.8 | 3.54 | 3.32 | Upgrade
|
| Total Liabilities | 1,452 | 1,389 | 1,317 | 1,190 | 1,063 | 904.6 | Upgrade
|
| Common Stock | 11.57 | 11.44 | 11.33 | 11.29 | 11.29 | 5.75 | Upgrade
|
| Additional Paid-In Capital | 13.49 | 13.44 | 13.13 | 14.07 | 14.24 | 15.42 | Upgrade
|
| Retained Earnings | 99.77 | 97.46 | 89.81 | 82.71 | 71.58 | 67.74 | Upgrade
|
| Comprehensive Income & Other | -14.41 | -15.12 | -16.43 | -21.9 | 0.65 | 4.07 | Upgrade
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| Shareholders' Equity | 110.42 | 107.22 | 97.83 | 86.16 | 97.75 | 92.98 | Upgrade
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| Total Liabilities & Equity | 1,563 | 1,497 | 1,415 | 1,277 | 1,161 | 997.57 | Upgrade
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| Total Debt | 118.8 | 122.83 | 146.87 | 89.7 | 78.84 | 53.34 | Upgrade
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| Net Cash (Debt) | -2.87 | -48.48 | -73.45 | -13.55 | 39.93 | 46.29 | Upgrade
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| Net Cash Growth | - | - | - | - | -13.75% | 565.61% | Upgrade
|
| Net Cash Per Share | -0.63 | -10.63 | -16.17 | -2.98 | 8.77 | 10.05 | Upgrade
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| Filing Date Shares Outstanding | 4.63 | 4.57 | 4.52 | 4.58 | 4.53 | 4.57 | Upgrade
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| Total Common Shares Outstanding | 4.63 | 4.58 | 4.53 | 4.52 | 4.51 | 4.59 | Upgrade
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| Book Value Per Share | 23.84 | 23.43 | 21.58 | 19.07 | 21.69 | 20.27 | Upgrade
|
| Tangible Book Value | 96.9 | 93.69 | 84.26 | 72.56 | 84.11 | 79.3 | Upgrade
|
| Tangible Book Value Per Share | 20.92 | 20.47 | 18.59 | 16.06 | 18.67 | 17.29 | Upgrade
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Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.