Southern Michigan Bancorp, Inc.
SOMC · OTC
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $0 | $59,433 | $0 | $69,498 |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Receivables | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 |
| Other Curr. Assets | $0 | $0 | $0 | $0 |
| Total Curr. Assets | $0 | $0 | $0 | $69,498 |
| Property Plant & Equip (Net) | $25,039 | $25,502 | $25,533 | $28,635 |
| Goodwill | $13,422 | $13,422 | $13,422 | $13,422 |
| Intangibles | $84 | $93 | $102 | $1,177 |
| Long-Term Investments | $0 | $0 | $0 | $0 |
| Tax Assets | $0 | $0 | $0 | $0 |
| Other NC Assets | -$38,545 | $1,532,246 | $1,523,847 | $1,383,823 |
| Total NC Assets | $0 | $1,571,263 | $1,562,904 | $1,427,057 |
| Other Assets | $1,665,097 | $0 | $0 | $0 |
| Total Assets | $1,665,097 | $1,571,263 | $1,562,904 | $1,496,555 |
| Liabilities | – | – | – | – |
| Payables | $0 | $0 | $0 | $0 |
| Short-Term Debt | $1,109 | $0 | $1,162 | $0 |
| Tax Payable | $0 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $0 |
| Other Curr. Liab. | -$1,109 | -$19,962 | -$1,162 | $0 |
| Total Curr. Liab. | $0 | $0 | $0 | $8,445 |
| LT Debt | $132,674 | $132,656 | $117,639 | $117,985 |
| Deferred Rev, NC | $0 | $0 | $0 | $0 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | -$132,674 | $1,324,895 | $1,334,842 | $1,262,902 |
| Total NC Liab. | $0 | $1,457,551 | $1,452,481 | $1,380,887 |
| Other Liabilities | $1,547,319 | $0 | $0 | $0 |
| Cap. Leases | $0 | $0 | $0 | $0 |
| Total Liabilities | $1,547,319 | $1,457,551 | $1,452,481 | $1,389,332 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $11,560 | $11,565 | $11,574 | $11,438 |
| Retained Earnings | $104,543 | $102,264 | $99,767 | $97,462 |
| AOCI | -$11,828 | -$13,886 | -$14,410 | -$15,115 |
| Other Equity | $0 | $0 | $0 | $0 |
| Total Equity | $117,778 | $113,712 | $110,423 | $107,223 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $1,665,097 | $1,571,263 | $1,562,904 | $1,496,555 |
| Net Debt | $133,783 | $73,223 | $118,801 | $48,487 |