Southern Michigan Bancorp Balance Sheet - Annual (OTCMKTS:SOMC)

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$29.25 $0 (0%) SOMC stock closing price Dec 09, 2016 (Closing)

The financial analysis of a company like Southern Michigan Bancorp involves checking the three financial statements of the company in detail, of which the balance sheet is one. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Southern Michigan Bancorp stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. The Southern Michigan Bancorp balance sheet for 2015 shows total assets of $582.77M. Southern Michigan Bancorp revenue was $28.5M and Southern Michigan Bancorp operating cash flow was $8.31M for the same year. View latest and last 10 year balance sheet data to check Southern Michigan Bancorp financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash20.42M15.62M32.51M50.61M42.47M79.1M27.35M31.3M20.91M19.79M
Marketable Securities----------
Receivables419.23M407.31M383.12M366.2M329.54M305.93M329.05M330.82M334.2M252.02M
Inventory0.32M0.48M0.11M1.77M1.08M2.63M0.6M0.12M0.62M-
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Southern Michigan Bancorp Total Current Assets
439.98M423.41M415.75M418.59M373.1M387.68M357.01M362.25M355.75M271.82M
Property Plant & Equipment26.43M24.92M28.54M28.01M29.47M29.21M25.16M24.5M--
Accumulated Depreciation13.74M13.02M16.18M15.59M16.92M16.61M12.24M11.21M--
Southern Michigan Bancorp Net Property Plant & Equipment
12.68M11.89M12.36M12.41M12.54M12.59M12.91M13.28M13.33M8.66M
Investment & Advances97.15M72.88M76M64.52M90.34M59.22M56.94M65.71M77.51M36.79M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles13.91M14.18M14.46M14.76M15.08M15.42M15.77M16.13M16.51M0.62M
Deposits & Other Assets19.03M20.96M20.86M18.55M18.14M18.94M19.75M17.6M17.06M11.98M
Southern Michigan Bancorp Total Assets
582.77M543.34M539.45M528.86M509.22M493.88M462.4M474.99M480.17M329.89M
Notes Payable15.94M14.64M18.47M16.13M18.07M15.02M14.79M13.89M9.77M-
Accounts Payable477.48M444.27M450.4M444.17M420.51M409.9M380.9M394.04M399.16M282.5M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses6.41M6.11M6.35M5.66M4.56M4.47M4.03M4.27M5.07M4.44M
Income Taxes Payable----------
Other Current Liabilities----------
Southern Michigan Bancorp Total Current Liabilities
499.84M465.03M475.23M465.96M443.15M429.4M399.74M412.2M414.02M286.94M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt15.15M15.15M5.15M6.19M12.9M15.23M15.98M17.64M19.9M12.31M
Non-Current Capital Leases----------
Other Long-Term Liabilities-2.8M2.24M2.06M1.29M1.39M0.94M0.72M2.02M-
Southern Michigan Bancorp Total Liabilities
515M482.98M482.63M474.22M457.35M446.03M416.67M430.58M435.95M299.26M
Minority Interest----------
Preferred Stock----------
Common Stock Net6.01M5.67M5.66M5.62M5.6M5.58M5.55M5.52M5.53M6.34M
Capital Surplus19.57M17.14M17.53M17.7M18.27M18.03M18.36M18.58M17.08M5.44M
Retained Earnings42.02M37.74M34.34M31.04M27.57M24.69M22.06M20.59M21.62M19.02M
Treasury Stock----------
Other Liabilities0.15M-0.2M-0.71M0.26M0.4M-0.46M-0.24M-0.29M-0.03M-0.18M
Southern Michigan Bancorp Shareholders Equity
67.76M60.35M56.82M54.63M51.86M47.84M45.73M44.41M44.21M30.63M
Southern Michigan Bancorp Total Liabilities & Shareholders Equity
582.77M543.34M539.45M528.86M509.22M493.88M462.4M474.99M480.17M329.89M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Southern Michigan Bancorp historical stock prices and the current Southern Michigan Bancorp stock price can tell you how the stock price has moved, whereas the Southern Michigan Bancorp PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: An asset is a resource that a corporation like Southern Michigan Bancorp owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for SOMC stock as of year is $582.77M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Southern Michigan Bancorp's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SOMC stock stand at $515M.
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