Southern Michigan Bancorp Inc
OTC:SOMC
Balance Sheet
Balance Sheet Decomposition
Southern Michigan Bancorp Inc
Southern Michigan Bancorp Inc
Balance Sheet
Southern Michigan Bancorp Inc
| Dec-2010 | Dec-2011 | Dec-2012 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Net Loans |
304
|
327
|
364
|
445
|
518
|
527
|
558
|
628
|
732
|
877
|
|
| Investments |
86
|
104
|
82
|
133
|
129
|
119
|
145
|
240
|
283
|
271
|
|
| PP&E Net |
13
|
13
|
12
|
13
|
14
|
14
|
15
|
14
|
13
|
17
|
|
| PP&E Gross |
13
|
13
|
12
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Accumulated Depreciation |
17
|
17
|
16
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Intangible Assets |
2
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Goodwill |
13
|
13
|
13
|
13
|
13
|
13
|
13
|
13
|
13
|
13
|
|
| Customer Acceptances Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Assets |
35
|
34
|
34
|
39
|
38
|
40
|
44
|
46
|
49
|
57
|
|
| Total Assets |
494
N/A
|
509
+3%
|
529
+4%
|
642
+21%
|
712
+11%
|
739
+4%
|
810
+10%
|
998
+23%
|
1 161
+16%
|
1 277
+10%
|
|
| Liabilities | |||||||||||
| Accrued Liabilities |
5
|
5
|
6
|
7
|
7
|
8
|
13
|
15
|
14
|
14
|
|
| Short-Term Debt |
25
|
26
|
17
|
24
|
53
|
44
|
53
|
47
|
41
|
51
|
|
| Total Deposits |
410
|
421
|
444
|
536
|
577
|
606
|
656
|
838
|
974
|
1 091
|
|
| Total Current Liabilities |
30
|
30
|
23
|
30
|
60
|
52
|
65
|
61
|
55
|
65
|
|
| Long-Term Debt |
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
35
|
35
|
|
| Other Liabilities |
1
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Liabilities |
446
N/A
|
457
+3%
|
474
+4%
|
571
+20%
|
642
+12%
|
663
+3%
|
726
+10%
|
905
+25%
|
1 063
+18%
|
1 190
+12%
|
|
| Equity | |||||||||||
| Common Stock |
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
11
|
11
|
|
| Retained Earnings |
25
|
28
|
31
|
46
|
50
|
56
|
62
|
68
|
72
|
83
|
|
| Additional Paid In Capital |
18
|
18
|
18
|
19
|
15
|
15
|
16
|
15
|
14
|
14
|
|
| Other Equity |
1
|
0
|
0
|
1
|
1
|
1
|
0
|
4
|
1
|
22
|
|
| Total Equity |
48
N/A
|
52
+9%
|
55
+5%
|
70
+28%
|
70
0%
|
76
+8%
|
83
+10%
|
93
+12%
|
98
+5%
|
86
-12%
|
|
| Total Liabilities & Equity |
494
N/A
|
509
+3%
|
529
+4%
|
642
+21%
|
712
+11%
|
739
+4%
|
810
+10%
|
998
+23%
|
1 161
+16%
|
1 277
+10%
|
|
| Shares Outstanding | |||||||||||
| Common Shares Outstanding |
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
|