Southern Michigan Bancorp, Inc.
SOMC · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $69 | $73 | $76 | $118 |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Receivables | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 |
| Other Curr. Assets | $0 | $0 | $7 | $6 |
| Total Curr. Assets | $69 | $73 | $83 | $124 |
| Property Plant & Equip (Net) | $29 | $26 | $20 | $16 |
| Goodwill | $13 | $13 | $13 | $13 |
| Intangibles | $1 | $1 | $2 | $2 |
| Long-Term Investments | $0 | $5 | $4 | $5 |
| Tax Assets | $0 | $10 | $11 | $5 |
| Other NC Assets | $1,384 | $1,288 | $1,146 | $999 |
| Total NC Assets | $1,427 | $1,344 | $1,195 | $1,039 |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $1,497 | $1,417 | $1,278 | $1,163 |
| Liabilities | – | – | – | – |
| Payables | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $61 | $31 | $21 |
| Tax Payable | $0 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $0 |
| Other Curr. Liab. | $592 | $497 | $518 | $762 |
| Total Curr. Liab. | $592 | $558 | $550 | $783 |
| LT Debt | $118 | $86 | $58 | $57 |
| Deferred Rev, NC | $0 | $0 | $576 | $215 |
| Deferred Tax Liab, NC | $0 | $2 | $2 | $2 |
| Other NC Liab. | $1,263 | $673 | $0 | $0 |
| Total NC Liab. | $1,381 | $761 | $643 | $282 |
| Other Liabilities | -$584 | $0 | $0 | $0 |
| Cap. Leases | $0 | $3 | $3 | $3 |
| Total Liabilities | $1,389 | $1,319 | $1,192 | $1,065 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $11 | $11 | $11 | $11 |
| Retained Earnings | $97 | $90 | $83 | $72 |
| AOCI | -$15 | -$16 | -$22 | $1 |
| Other Equity | $13 | $13 | $14 | $14 |
| Total Equity | $107 | $98 | $86 | $98 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $1,497 | $1,417 | $1,278 | $1,163 |
| Net Debt | $48 | $73 | $14 | -$40 |