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

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$26.3 $0 (0%) SOMC stock closing price Oct 20, 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. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Southern Michigan Bancorp stock analysis. A company releases its balance sheet every quarter along with its quarterly results. Southern Michigan Bancorp revenue was $28.5M and Southern Michigan Bancorp operating cash flow was $8.31M forĀ 2015. The balance sheet shows total liabilities of $515M and shareholders equity of $67.76M. View latest and last 10 year balance sheet data to check Southern Michigan Bancorp financial performance..

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Marketable Securities----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Southern Michigan Bancorp Total Current Assets
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
Investment & Advances97.15M72.88M76M64.52M90.34M59.22M56.94M65.71M77.51M36.79M
Other Non-Current Assets----------
Deferred Charges----------
Deposits & Other Assets19.03M20.96M20.86M18.55M18.14M18.94M19.75M17.6M17.06M11.98M
Southern Michigan Bancorp Total Assets
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
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
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
Southern Michigan Bancorp Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

Most investors just check the Southern Michigan Bancorp stock price, and Southern Michigan Bancorp historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Southern Michigan Bancorp PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • 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: 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.