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Sthn Mich Bancorp Inc (SOMC)

Sthn Mich Bancorp Inc (SOMC)
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[[ session ]] by (Cboe BZX)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Southern Michigan Bancorp, Inc. operates as the bank holding company for Southern Michigan Bank & Trust, which provides commercial banking services to individuals, businesses, institutions, and government agencies in the southern Michigan communities. Its subsidiary banks are Southern Michigan Bank & Trust and FNB Financial. Southern Michigan Bank offers a variety of deposit, payment, credit and other financial services to all types of customers. These services include time, savings, and demand deposits and automated teller machine services. Loans, both commercial and consumer, are extended on a secured basis to corporations, partnerships and individuals. Based in Coldwater, Michigan, the Bank has additional banking offices in Athens, Battle Creek, Camden, Cassopolis, Centreville, Coldwater, Constantine, Hillsdale, Marshall, Mendon, North Adams, Tekonsha, Three Rivers, and Union City, Michigan.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Sales 24,340 23,890 23,300 21,870 21,620
Sales Growth +1.88% +2.53% +6.54% +1.16% -0.37%
Net Income 2,910 3,020 3,240 3,050 2,650
Net Income Growth -3.64% -6.79% +6.23% +15.09% +2.32%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Total Assets 1,665,100 1,571,260 1,562,900 1,496,560 1,510,520
Total Assets Growth +5.97% +0.53% +4.43% -0.92% +3.55%
Total Liabilities 1,547,320 1,457,550 1,452,480 1,389,330 1,403,390
Total Liabilities Growth +6.16% +0.35% +4.55% -1.00% +3.45%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Operating Cash Flow 0 0 0 7,840 0
Operating Cash Flow Growth unch unch -100.00% unch unch
Net Cash Flow 0 0 0 -2,380 0
Change in Net Cash Flow unch unch +100.00% unch unch
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