Southern Michigan Bancorp, Inc. (SOMC)
OTCMKTS
· Delayed Price · Currency is USD
28.00
+2.00 (7.69%)
Apr 29, 2026, 12:29 PM EST
Southern Michigan Bancorp Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Cash & Equivalents | 110.13 | 69.5 | 73.09 | 75.7 | 117.85 | Upgrade
|
| Investment Securities | 178.83 | 187.67 | 179.9 | 187.91 | 187.04 | Upgrade
|
| Trading Asset Securities | 0.11 | 0.36 | 0.33 | 0.45 | 0.92 | Upgrade
|
| Mortgage-Backed Securities | 44.17 | 40.9 | 51.84 | 60.4 | 59.38 | Upgrade
|
| Total Investments | 223.11 | 228.93 | 232.07 | 248.76 | 247.34 | Upgrade
|
| Gross Loans | 1,273 | 1,116 | 1,036 | 886.63 | 741.41 | Upgrade
|
| Allowance for Loan Losses | -15.55 | -12.78 | -11.7 | -9.59 | -9.32 | Upgrade
|
| Net Loans | 1,258 | 1,104 | 1,025 | 877.04 | 732.09 | Upgrade
|
| Property, Plant & Equipment | 28.06 | 28.64 | 26.14 | 19.85 | 15.76 | Upgrade
|
| Goodwill | 13.42 | 13.42 | 13.42 | 13.42 | 13.42 | Upgrade
|
| Other Intangible Assets | 0.08 | 0.11 | 0.15 | 0.18 | 0.22 | Upgrade
|
| Loans Held for Sale | 0.21 | 1 | 0.17 | - | 1.15 | Upgrade
|
| Accrued Interest Receivable | 8.6 | 7.52 | 6.66 | 5.54 | 4.19 | Upgrade
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| Other Receivables | - | 5.11 | - | - | - | Upgrade
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| Restricted Cash | - | - | - | 1.81 | 1.81 | Upgrade
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| Long-Term Deferred Tax Assets | 7.33 | 7.85 | 7.91 | 9.11 | 3 | Upgrade
|
| Other Real Estate Owned & Foreclosed | 3.69 | - | - | - | - | Upgrade
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| Other Long-Term Assets | 32.28 | 25.98 | 26.74 | 22.42 | 22.3 | Upgrade
|
| Total Assets | 1,690 | 1,497 | 1,415 | 1,277 | 1,161 | Upgrade
|
| Accrued Expenses | 8.5 | 8.45 | 6 | 3.69 | 4.53 | Upgrade
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| Interest Bearing Deposits | 1,004 | 881.46 | 812.06 | 745.8 | 665.53 | Upgrade
|
| Institutional Deposits | 188.78 | 146.76 | 119.74 | 76.55 | 45.85 | Upgrade
|
| Non-Interest Bearing Deposits | 224.17 | 223.58 | 226.18 | 268.7 | 262.98 | Upgrade
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| Total Deposits | 1,417 | 1,252 | 1,158 | 1,091 | 974.35 | Upgrade
|
| Short-Term Borrowings | 1.39 | 1.56 | 1.74 | 11.18 | 20.61 | Upgrade
|
| Current Portion of Long-Term Debt | - | - | - | 20 | - | Upgrade
|
| Current Portion of Leases | 0.3 | - | - | - | - | Upgrade
|
| Long-Term Debt | 29.9 | 29.93 | 88.99 | 29.88 | 30.27 | Upgrade
|
| Federal Home Loan Bank Debt, Long-Term | 97.9 | 82.9 | 47.9 | 20 | 20 | Upgrade
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| Long-Term Leases | 2.81 | 3.29 | 3.25 | 3.49 | 2.8 | Upgrade
|
| Trust Preferred Securities | 5 | 5.16 | 5 | 5.16 | 5.16 | Upgrade
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| Pension & Post-Retirement Benefits | 1.98 | 1.96 | 2.04 | 2.12 | 2.15 | Upgrade
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| Other Long-Term Liabilities | 4.43 | 4.29 | 4.08 | 3.8 | 3.54 | Upgrade
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| Total Liabilities | 1,569 | 1,389 | 1,317 | 1,190 | 1,063 | Upgrade
|
| Common Stock | 11.56 | 11.44 | 11.33 | 11.29 | 11.29 | Upgrade
|
| Additional Paid-In Capital | 13.62 | 13.44 | 13.13 | 14.07 | 14.24 | Upgrade
|
| Retained Earnings | 106.72 | 97.46 | 89.81 | 82.71 | 71.58 | Upgrade
|
| Comprehensive Income & Other | -10.41 | -15.12 | -16.43 | -21.9 | 0.65 | Upgrade
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| Shareholders' Equity | 121.48 | 107.22 | 97.83 | 86.16 | 97.75 | Upgrade
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| Total Liabilities & Equity | 1,690 | 1,497 | 1,415 | 1,277 | 1,161 | Upgrade
|
| Total Debt | 137.3 | 122.83 | 146.87 | 89.7 | 78.84 | Upgrade
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| Net Cash (Debt) | -26.81 | -48.48 | -73.45 | -13.55 | 39.93 | Upgrade
|
| Net Cash Growth | - | - | - | - | -13.75% | Upgrade
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| Net Cash Per Share | -5.78 | -10.63 | -16.17 | -2.98 | 8.77 | Upgrade
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| Filing Date Shares Outstanding | 4.66 | 4.57 | 4.52 | 4.58 | 4.53 | Upgrade
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| Total Common Shares Outstanding | 4.62 | 4.58 | 4.53 | 4.52 | 4.51 | Upgrade
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| Book Value Per Share | 26.27 | 23.43 | 21.58 | 19.07 | 21.69 | Upgrade
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| Tangible Book Value | 107.98 | 93.69 | 84.26 | 72.56 | 84.11 | Upgrade
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| Tangible Book Value Per Share | 23.35 | 20.47 | 18.59 | 16.06 | 18.67 | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.