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

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$34 $0.2 (0.59%) SOMC stock closing price Mar 22, 2017 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Southern Michigan Bancorp stock analysis. 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. A company releases its balance sheet every quarter along with its quarterly results. The Southern Michigan Bancorp balance sheet for 2015 shows cash on hand of $20.42M. The cash has increased by $4.8M. Southern Michigan Bancorp revenue was $28.88M and Southern Michigan Bancorp operating cash flow was $8.31M. 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
Cash20.42M15.62M32.51M50.61M42.47M79.1M27.35M31.3M20.91M
Marketable Securities---------
Receivables419.23M407.31M383.12M366.2M329.54M305.93M329.05M330.82M334.2M
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
439.98M423.41M415.75M418.59M373.1M387.68M357.01M362.25M355.75M
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
12.68M11.89M12.36M12.41M12.54M12.59M12.91M13.28M13.33M
Investment & Advances97.15M72.88M76M64.52M90.34M59.22M56.94M65.71M77.51M
Other Non-Current Assets---------
Deferred Charges---------
Intangibles13.91M14.18M14.46M14.76M15.08M15.42M15.77M16.13M16.51M
Deposits & Other Assets19.03M20.96M20.86M18.55M18.14M18.94M19.75M17.6M17.06M
Southern Michigan Bancorp Total Assets
582.77M543.34M539.45M528.86M509.22M493.88M462.4M474.99M480.17M
Notes Payable15.94M14.64M18.47M16.13M18.07M15.02M14.79M13.89M9.77M
Accounts Payable477.48M444.27M450.4M444.17M420.51M409.9M380.9M394.04M399.16M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses6.41M6.11M6.35M5.66M4.56M4.47M4.03M4.27M5.07M
Income Taxes Payable---------
Other Current Liabilities---------
Southern Michigan Bancorp Total Current Liabilities
499.84M465.03M475.23M465.96M443.15M429.4M399.74M412.2M414.02M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt15.15M15.15M5.15M6.19M12.9M15.23M15.98M17.64M19.9M
Non-Current Capital Leases---------
Other Long-Term Liabilities-2.8M2.24M2.06M1.29M1.39M0.94M0.72M2.02M
Southern Michigan Bancorp Total Liabilities
515M482.98M482.63M474.22M457.35M446.03M416.67M430.58M435.95M
Minority Interest---------
Preferred Stock---------
Common Stock Net6.01M5.67M5.66M5.62M5.6M5.58M5.55M5.52M5.53M
Capital Surplus19.57M17.14M17.53M17.7M18.27M18.03M18.36M18.58M17.08M
Retained Earnings42.02M37.74M34.34M31.04M27.57M24.69M22.06M20.59M21.62M
Treasury Stock---------
Other Liabilities0.15M-0.2M-0.71M0.26M0.4M-0.46M-0.24M-0.29M-0.03M
Southern Michigan Bancorp Shareholders Equity
67.76M60.35M56.82M54.63M51.86M47.84M45.73M44.41M44.21M
Southern Michigan Bancorp Total Liabilities & Shareholders Equity
582.77M543.34M539.45M528.86M509.22M493.88M462.4M474.99M480.17M
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: Anything that the Southern Michigan Bancorp company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Southern Michigan Bancorp had total assets of $582.77M.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Southern Michigan Bancorp is $515M. Shareholders' equity comes under liabilities as it is money the company owes the holders of SOMC stock.
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