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

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$33.01 $0 (0%) SOMC stock closing price Sep 22, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Southern Michigan Bancorp balance sheet. Financial strength can be guaged by performing Southern Michigan Bancorp stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. Southern Michigan Bancorp had a long term debt of $35.36M at the end of 2017-Q2. View Southern Michigan Bancorp quarterly results to get the balance sheet details for the latest 40 quarters data.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q1
Cash23.65M40.35M34.8M41.02M33M40.19M20.42M37.15M17.69M23.75M
Marketable Securities----------
Receivables483.9M451.51M447.84M420.53M415.06M419.52M419.23M407.99M408.97M404.76M
Inventory0.88M0.64M0.08M1.25M0.36M0.1M0.32M0.74M0.87M0.62M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Southern Michigan Bancorp Total Current Assets
508.44M492.51M482.73M462.81M448.42M459.82M439.98M445.89M427.54M429.14M
Property Plant & Equipment--27.36M---26.43M---
Accumulated Depreciation--14.57M---13.74M---
Southern Michigan Bancorp Net Property Plant & Equipment
13.53M13.3M12.79M12.81M13.02M13.01M12.68M12.44M11.96M11.81M
Investment & Advances104.19M107.85M109.96M109.93M101.97M90.84M97.15M92M83.9M77.94M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles13.42M13.59M13.65M13.71M13.78M13.84M13.91M13.97M14.04M14.11M
Deposits & Other Assets25.3M22.48M22.38M21.76M21.66M21.38M19.03M19.06M19.57M20.2M
Southern Michigan Bancorp Total Assets
664.86M649.74M641.53M621.04M598.88M598.92M582.77M583.38M557.03M553.22M
Notes Payable13.31M15.94M14.64M18.47M16.13M18.07M15.02M14.79M13.89M9.77M
Accounts Payable541.27M542.31M535.84M514.29M495.07M497.29M477.48M477.08M456.19M453.47M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses7.9M7.69M6.89M7.68M7.18M6.15M6.41M7.1M7.14M6.14M
Income Taxes Payable----------
Other Current Liabilities----------
Southern Michigan Bancorp Total Current Liabilities
560.58M562.82M556.04M534.83M513.91M514.79M499.84M501.46M476.82M474M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt35.36M15.35M15.35M15.35M15.15M15.15M15.15M15.15M15.15M15.47M
Non-Current Capital Leases----------
Other Long-Term Liabilities-------3.14M3M2.86M
Southern Michigan Bancorp Total Liabilities
595.94M578.18M571.4M550.18M529.06M529.95M515M519.76M494.97M492.34M
Minority Interest----------
Preferred Stock----------
Common Stock Net5.79M6.16M6.01M6.01M6.01M6.03M6.01M5.68M5.68M5.68M
Capital Surplus15.06M19.1M19.24M19.12M19.04M19.41M19.57M16.61M16.63M16.72M
Retained Earnings48.24M47.23M46.28M45.1M43.93M42.96M42.02M41.22M40.08M38.58M
Treasury Stock----------
Other Liabilities-0.17M-0.94M-1.4M0.6M0.83M0.54M0.15M0.1M-0.34M-0.1M
Southern Michigan Bancorp Shareholders Equity
68.93M71.56M70.13M70.85M69.81M68.96M67.76M63.62M62.05M60.88M
Southern Michigan Bancorp Total Liabilities & Shareholders Equity
664.86M649.74M641.53M621.04M598.88M598.92M582.77M583.38M557.03M553.22M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Southern Michigan Bancorp stock price by looking at Southern Michigan Bancorp historical stock prices. One can compare PE with industry average by looking at the Southern Michigan Bancorp PE ratio chart. The common balance sheet items are:
  • 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 quarter is $664.86M. 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: The total liabilities of Southern Michigan Bancorp for 2017-Q2 total to $595.94M. 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

price to book ratio
1.11