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

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$33.5 $0 (0%) SOMC stock closing price Apr 26, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Southern Michigan Bancorp balance sheet. 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. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Whereas, Southern Michigan Bancorp revenue was $28.88M and Southern Michigan Bancorp operating cash flow was $8.31M for the same period. 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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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 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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Southern Michigan Bancorp Balance Sheet - Key Ratios

PB ratio (
price to book ratio
)
1.1470