Southern Michigan Bancorp, Inc. (SOMC)
OTCMKTS · Delayed Price · Currency is USD
31.75
0.00 (0.00%)
Aug 4, 2026, 9:42 AM EST
Southern Michigan Bancorp Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 12.22 | 10.4 | 10.91 | 13.49 | 11.76 |
Depreciation & Amortization | 2.49 | 2.26 | 2.02 | 1.4 | 1.39 |
Other Amortization | 0.07 | 0.07 | 0.07 | 0.07 | 0.05 |
Gain (Loss) on Sale of Assets | -0.19 | -0.02 | -0.07 | -0.02 | -0.01 |
Gain (Loss) on Sale of Investments | 1.37 | 1.12 | 1.19 | 1.23 | 1.39 |
Provision for Credit Losses | 3.2 | 1.01 | 0.95 | 0.28 | 1.5 |
Net Decrease (Increase) in Loans Originated / Sold - Operating | 1.92 | -0.15 | 0.14 | 1.52 | 2.84 |
Change in Other Net Operating Assets | 2.25 | -6.45 | 0.47 | -2.78 | -0.62 |
Other Operating Activities | -1.39 | -0.75 | -0.41 | -0.81 | -0.59 |
Operating Cash Flow | 22.11 | 7.84 | 16.24 | 14.71 | 16.51 |
Operating Cash Flow Growth | 182.17% | -51.74% | 10.42% | -10.95% | 46.71% |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1.85 | -4.98 | -8.34 | -4.83 | -0.78 |
Sale of Property, Plant and Equipment | 0.44 | - | 0.33 | 0.05 | 0.01 |
Investment in Securities | 9.91 | 7.62 | 22.21 | -32 | -43.29 |
Net Decrease (Increase) in Loans Originated / Sold - Investing | -160.72 | -80.04 | -149.82 | -145.23 | -105.51 |
Other Investing Activities | -5.19 | -0.38 | -4.76 | 1.11 | -2 |
Investing Cash Flow | -157.4 | -77.79 | -140.35 | -180.9 | -151.56 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 15 | 45 | 86.9 | 84 | 29.83 |
Long-Term Debt Repaid | -0.17 | -69.18 | -29.44 | -73.43 | -6.5 |
Net Debt Issued (Repaid) | 14.83 | -24.18 | 57.46 | 10.57 | 23.33 |
Issuance of Common Stock | 2.11 | 0.01 | 0.04 | 0.03 | 0.04 |
Repurchase of Common Stock | -3.12 | -0.6 | -2.23 | -0.92 | -2.44 |
Common Dividends Paid | -2.91 | -2.69 | -2.5 | -2.32 | -2.18 |
Net Increase (Decrease) in Deposit Accounts | 165 | 93.82 | 66.92 | 116.7 | 136.05 |
Financing Cash Flow | 175.92 | 66.36 | 119.69 | 124.06 | 154.82 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 40.63 | -3.59 | -4.42 | -42.13 | 19.78 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 20.26 | 2.85 | 7.9 | 9.87 | 15.74 |
Free Cash Flow Growth | 610.31% | -63.91% | -19.96% | -37.26% | 48.16% |
Free Cash Flow Margin | 37.47% | 5.87% | 16.90% | 21.84% | 38.54% |
Free Cash Flow Per Share | 4.36 | 0.63 | 1.74 | 2.17 | 3.46 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 35.68 | 35.81 | 23.93 | 5.73 | 3.92 |
Cash Income Tax Paid | -1.68 | 1.15 | 2.65 | 2.47 | 3.61 |