Southern Michigan Bancorp, Inc.
SOMC · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $10,402 | $10,905 | $13,491 | $11,757 |
| Dep. & Amort. | $1,877 | $1,591 | $1,403 | $1,441 |
| Deferred Tax | $0 | $0 | -$64 | -$354 |
| Stock-Based Comp. | $1,615 | $1,888 | $1,168 | $1,433 |
| Change in WC | -$6,446 | $469 | -$2,783 | -$616 |
| Other Non-Cash | $388 | $1,385 | -$27 | $15 |
| Operating Cash Flow | $7,836 | $16,238 | $13,188 | $13,676 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$4,984 | -$8,335 | -$4,831 | -$3,775 |
| Net Acquisitions | $0 | $325 | $48 | $11 |
| Inv. Purchases | $0 | -$11,263 | -$77,692 | -$68,065 |
| Inv. Sales/Matur. | $0 | $32,292 | $45,710 | $24,740 |
| Other Inv. Act. | -$71,595 | -$154,585 | -$142,618 | -$101,629 |
| Investing Cash Flow | -$76,579 | -$141,566 | -$179,383 | -$148,718 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$24,178 | $57,459 | $10,570 | $23,333 |
| Stock Issued | $0 | $44 | $34 | $44 |
| Stock Repurch. | -$599 | -$2,230 | -$924 | -$2,435 |
| Dividends Paid | -$2,690 | -$2,500 | -$2,318 | -$2,175 |
| Other Fin. Act. | $93,829 | $66,964 | $116,733 | $136,098 |
| Financing Cash Flow | $66,362 | $119,693 | $124,061 | $154,821 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | -$2,381 | -$5,635 | -$42,134 | $19,779 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $71,620 | $77,255 | $119,389 | $99,610 |
| End Cash | $69,239 | $71,620 | $77,255 | $119,389 |
| Free Cash Flow | $2,852 | $7,903 | $8,357 | $9,901 |