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

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$31.5 $1.75 (5.88%) SOMC stock closing price Jan 13, 2017 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Southern Michigan Bancorp, and helps in stock analysis. As in our Southern Michigan Bancorp stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every quarter along with its quarterly results. The balance sheet shows total liabilities of $550.19M and shareholders equity of $70.86M. View Southern Michigan Bancorp quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Cash41.03M33M40.19M20.42M37.15M17.69M23.75M15.62M16.07M19.96M
Marketable Securities----------
Receivables420.54M415.06M419.52M419.23M407.99M408.97M404.76M407.31M395.11M381.55M
Inventory1.26M0.36M0.1M0.32M0.74M0.87M0.62M0.48M0.73M0.56M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Southern Michigan Bancorp Total Current Assets
462.82M448.42M459.82M439.98M445.89M427.54M429.14M423.41M411.92M402.09M
Property Plant & Equipment---26.43M---24.92M--
Accumulated Depreciation---13.74M---13.02M--
Southern Michigan Bancorp Net Property Plant & Equipment
12.81M13.02M13.01M12.68M12.44M11.96M11.81M11.89M11.89M11.93M
Investment & Advances109.93M101.97M90.84M97.15M92M83.9M77.94M72.88M85.09M98.24M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles13.72M13.78M13.84M13.91M13.97M14.04M14.11M14.18M14.25M14.32M
Deposits & Other Assets21.77M21.66M21.38M19.03M19.06M19.57M20.2M20.96M20.74M19.67M
Southern Michigan Bancorp Total Assets
621.04M598.88M598.92M582.77M583.38M557.03M553.22M543.34M543.9M546.27M
Notes Payable15.94M14.64M18.47M16.13M18.07M15.02M14.79M13.89M9.77M-
Accounts Payable514.29M495.07M497.29M477.48M477.08M456.19M453.47M444.27M458.44M456M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses7.69M7.18M6.15M6.41M7.1M7.14M6.14M6.11M5.79M5.31M
Income Taxes Payable----------
Other Current Liabilities----------
Southern Michigan Bancorp Total Current Liabilities
534.83M513.91M514.79M499.84M501.46M476.82M474M465.03M476.75M473.39M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt15.36M15.15M15.15M15.15M15.15M15.15M15.47M15.15M5.15M11.95M
Non-Current Capital Leases----------
Other Long-Term Liabilities----3.14M3M2.86M2.8M2.6M2.35M
Southern Michigan Bancorp Total Liabilities
550.19M529.06M529.95M515M519.76M494.97M492.34M482.98M484.51M487.71M
Minority Interest----------
Preferred Stock----------
Common Stock Net6.01M6.01M6.03M6.01M5.68M5.68M5.68M5.67M5.68M5.69M
Capital Surplus19.13M19.04M19.41M19.57M16.61M16.63M16.72M17.14M17.2M17.37M
Retained Earnings45.11M43.93M42.96M42.02M41.22M40.08M38.58M37.74M36.85M35.91M
Treasury Stock----------
Other Liabilities0.61M0.83M0.54M0.15M0.1M-0.34M-0.1M-0.2M-0.33M-0.43M
Southern Michigan Bancorp Shareholders Equity
70.86M69.81M68.96M67.76M63.62M62.05M60.88M60.35M59.39M58.56M
Southern Michigan Bancorp Total Liabilities & Shareholders Equity
621.04M598.88M598.92M582.77M583.38M557.03M553.22M543.34M543.9M546.27M
All figures in USD. M: Millions of USD, B: Billions of USD.
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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: An asset is a resource that a corporation like Southern Michigan Bancorp owns and has monetary significance. SOMC assets grew from $598.88M in 2016-Q2 to $621.04M in 2016-Q3 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Southern Michigan Bancorp for 2016-Q3 total to $550.19M. Liabilities for a company like Southern Michigan Bancorp include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
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Southern Michigan Bancorp Balance Sheet - Key Ratios

PB ratio (
price to book ratio
)
1.1080