Southern Michigan Bancorp Cash Flow - Annual (OTCMKTS:SOMC)

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$28.25 $0 (0%) SOMC stock closing price Dec 07, 2016 (Closing)

For analyzing any company like Southern Michigan Bancorp from an investment perspective, its important to check the cash flow statement. This report provides details about cash inflows and outflows due to the company's business and investment activities, and summarize cash outflows for a given quarter. For Southern Michigan Bancorp profits one has to check the income statement and for Southern Michigan Bancorp debt one has to check the balance sheet. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the Southern Michigan Bancorp stock analysis. Southern Michigan Bancorp generated $8.31M cash from operating activities in 2015. Southern Michigan Bancorp has a negative cash and cash equivalents change of $-1.88M. View details of Southern Michigan Bancorp cash flows for latest & last ten financial years.

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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
Southern Michigan Bancorp Net Income Cash Flow
5.8M4.79M4.49M4.35M3.4M3.09M1.93M0.81M4.13M4M
Depreciation Depletion Amortization Cash-Flow1.6M1.76M1.72M1.83M1.6M1.93M1.8M1.81M0.83M0.64M
Net Increase (Decrease) in Assets Liabilities0.89M1.08M-1.04M0.75M0.28M0.8M-0.9M0.14M-0.07M1.23M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net--0.06M2.52M0.99M3.14M-0.3M4.62M5.12M0.56M0.6M
Southern Michigan Bancorp Net Cash from (used by) Operating Activities
8.31M7.57M7.7M7.93M8.42M5.52M7.46M7.89M5.45M6.49M
Increase (Decrease) in Prop Plant And Equipment0.8M-0.05M0.88M1.04M-0.34M0.53M-0.69M-1.22M-2.56M-2.16M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments-24.16M3.24M-13.58M25.08M-30.25M-3.15M8.7M12.32M-8.71M-10.41M
Other Cash Inflow (Outflow) from Investment Activities-19.08M-26.29M-19.17M-40.16M-25.34M23.1M-3.94M0.27M--2.99M
Southern Michigan Bancorp Net Cash from (used by) Invesment Activities
-42.44M-23.1M-31.87M-14.03M-55.93M20.48M4.07M11.37M-11.27M-15.57M
Issuance (Purchase) of Equity Shares-0.78M-0.15M-0.16M0.01M----0.62M--0.14M
Issuance (Repayment) of Debt Securities-10M-1.03M-6.71M-2.32M-0.75M-1.66M-2.27M--
Increase (Decrease) in Bank & Other Borrowings1.29M-3.83M2.34M-1.94M3.04M0.22M0.9M4.11M14.39M-5M
Payment of Dividends & Other Cash Distributions-1.49M-1.34M-1.17M-0.76M-0.47M-0.46M-0.81M-1.84M-1.52M-1.33M
Other Cash from (used by) Financing Activities
Southern Michigan Bancorp Net Cash from (used by) Financing Activities
32.24M-1.46M6.2M14.25M10.85M28M-14.7M-5.75M10.92M7.95M
Effect of Exchange Rate Changes on Cash----------
Southern Michigan Bancorp Net Change in Cash & Cash Equivalents
-1.88M-16.99M-17.96M8.14M-36.64M54.01M-3.17M13.51M5.1M-1.12M
Cash & Equivalents at Beginning of Year15.37M32.36M50.33M42.18M78.83M24.81M27.98M14.47M9.36M10.49M
Cash & Equivalents at Year End13.48M15.37M32.36M50.33M42.18M78.83M24.81M27.98M14.47M9.36M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Southern Michigan Bancorp stock price history provides the price history of a stock, Southern Michigan Bancorp stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:
  • Southern Michigan Bancorp has cash of $13.48M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Southern Michigan Bancorp stock price.
  • Southern Michigan Bancorp increased its cash from operating activities to $0.74M in 2015. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc. , and was $8.31M for SOMC in last year report.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Southern Michigan Bancorp earned $33.7M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.
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