SOMC
Southern Michigan Bancorp, Inc.
SOMC
(3.5)17,40 USD
1.12% ROA
11.76% ROE
9.23x PER
73.038.788,00 USD
44.56% DER
3.45% Yield
14.88% NPM
Southern Michigan Bancorp, Inc. Stock Analysis
Southern Michigan Bancorp, Inc. Fundamental Analysis
Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.
| # | Analysis | Rating |
|---|---|---|
| 1 |
PBV
With a remarkably low PBV ratio (0.98x), the stock offers substantial upside potential at a bargain price. |
|
| 2 |
DER
The stock has a low debt to equity ratio (45%), which means it has a small amount of debt compared to the ownership it holds |
|
| 3 |
Revenue Growth
Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity. |
|
| 4 |
Assets Growth
With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance. |
|
| 5 |
Dividend
Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors. |
|
| 6 |
ROE
ROE in an average range (11.16%) suggests satisfactory profitability and decent utilization of shareholders' equity. |
|
| 7 |
ROA
The stock's ROA (1.12%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits. |
|
| 8 |
Graham Number
The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option. |
|
| 9 |
Buffet Intrinsic Value
The company's stock presents an enticing opportunity as it appears undervalued (72) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price. |
|
| 10 |
Net Profit Growth
Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors. |
|
| 11 |
Dividend Growth
The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice. |
Southern Michigan Bancorp, Inc. Technical Analysis
Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.
| # | Analysis | Recommendation |
|---|---|---|
| 1 | Awesome Oscillator | Buy |
| 2 | MACD | Buy |
| 3 | RSI | Hold |
| 4 | Stoch RSI | Hold |
Southern Michigan Bancorp, Inc. Price Chart
Financial Statements
Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.
Income Statements
An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.
Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.
| Year | Revenue | Growth |
|---|---|---|
| 1995 | 1.750.817 | |
| 1996 | 2.191.498 | 20.11% |
| 1997 | 2.784.000 | 21.28% |
| 1998 | 3.796.000 | 26.66% |
| 1999 | 14.641.000 | 74.07% |
| 2000 | 15.576.000 | 6% |
| 2001 | 16.110.000 | 3.31% |
| 2002 | 16.162.000 | 0.32% |
| 2003 | 17.446.000 | 7.36% |
| 2004 | 16.531.000 | -5.54% |
| 2007 | 19.174.000 | 13.78% |
| 2008 | 24.157.000 | 20.63% |
| 2009 | 23.710.000 | -1.89% |
| 2010 | 23.452.000 | -1.1% |
| 2011 | 22.723.000 | -3.21% |
| 2012 | 23.801.000 | 4.53% |
| 2013 | 24.593.000 | 3.22% |
| 2014 | 24.668.000 | 0.3% |
| 2015 | 26.048.000 | 5.3% |
| 2016 | 26.345.000 | 1.13% |
| 2017 | 28.512.000 | 7.6% |
| 2018 | 30.676.000 | 7.05% |
Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.
| Year | Research and Development Expenses | Growth |
|---|---|---|
| 1995 | 0 | |
| 1996 | 0 | 0% |
| 1997 | 0 | 0% |
| 1998 | 0 | 0% |
| 1999 | 0 | 0% |
| 2000 | 0 | 0% |
| 2001 | 0 | 0% |
| 2002 | 0 | 0% |
| 2003 | 0 | 0% |
| 2004 | 0 | 0% |
| 2007 | 0 | 0% |
| 2008 | 0 | 0% |
| 2009 | 0 | 0% |
| 2010 | 0 | 0% |
| 2011 | 0 | 0% |
| 2012 | 0 | 0% |
| 2013 | 0 | 0% |
| 2014 | 0 | 0% |
| 2015 | 0 | 0% |
| 2016 | 0 | 0% |
| 2017 | 0 | 0% |
| 2018 | 0 | 0% |
General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.
| Year | General and Administrative Expenses | Growth |
|---|---|---|
| 1995 | 3.552.382 | |
| 1996 | 4.047.457 | 12.23% |
| 1997 | 4.508.000 | 10.22% |
| 1998 | 4.528.000 | 0.44% |
| 1999 | 4.569.000 | 0.9% |
| 2000 | 4.803.000 | 4.87% |
| 2001 | 5.275.000 | 8.95% |
| 2002 | 6.255.000 | 15.67% |
| 2003 | 6.716.000 | 6.86% |
| 2004 | 6.653.000 | -0.95% |
| 2007 | 7.652.000 | 13.06% |
| 2008 | 10.582.000 | 27.69% |
| 2009 | 11.204.000 | 5.55% |
| 2010 | 11.463.000 | 2.26% |
| 2011 | 12.069.000 | 5.02% |
| 2012 | 11.383.000 | -6.03% |
| 2013 | 12.480.000 | 8.79% |
| 2014 | 12.154.000 | -2.68% |
| 2015 | 12.768.000 | 4.81% |
| 2016 | 12.512.000 | -2.05% |
| 2017 | 14.227.000 | 12.05% |
| 2018 | 18.480.000 | 23.01% |
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.
| Year | EBITDA | Growth |
|---|---|---|
| 1995 | 3.725.062 | |
| 1996 | 4.618.158 | 19.34% |
| 1997 | 4.644.000 | 0.56% |
| 1998 | 5.333.000 | 12.92% |
| 1999 | 5.222.000 | -2.13% |
| 2000 | 5.340.000 | 2.21% |
| 2001 | 4.640.000 | -15.09% |
| 2002 | 2.458.000 | -88.77% |
| 2003 | 5.508.000 | 55.37% |
| 2004 | 5.837.000 | 5.64% |
| 2007 | 6.402.000 | 8.83% |
| 2008 | 1.655.000 | -286.83% |
| 2009 | 2.377.000 | 30.37% |
| 2010 | 5.164.000 | 53.97% |
| 2011 | 5.569.000 | 7.27% |
| 2012 | 7.028.000 | 20.76% |
| 2013 | 7.381.000 | 4.78% |
| 2014 | 7.697.000 | 4.11% |
| 2015 | 8.843.000 | 12.96% |
| 2016 | 9.481.000 | 6.73% |
| 2017 | 9.744.000 | 2.7% |
| 2018 | 8.740.000 | -11.49% |
Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.
| Year | Gross Profit | Growth |
|---|---|---|
| 1995 | 1.750.817 | |
| 1996 | 2.191.498 | 20.11% |
| 1997 | 2.784.000 | 21.28% |
| 1998 | 3.796.000 | 26.66% |
| 1999 | 14.641.000 | 74.07% |
| 2000 | 15.576.000 | 6% |
| 2001 | 16.110.000 | 3.31% |
| 2002 | 16.162.000 | 0.32% |
| 2003 | 17.446.000 | 7.36% |
| 2004 | 16.531.000 | -5.54% |
| 2007 | 19.174.000 | 13.78% |
| 2008 | 24.157.000 | 20.63% |
| 2009 | 23.710.000 | -1.89% |
| 2010 | 23.452.000 | -1.1% |
| 2011 | 22.723.000 | -3.21% |
| 2012 | 23.801.000 | 4.53% |
| 2013 | 24.593.000 | 3.22% |
| 2014 | 24.668.000 | 0.3% |
| 2015 | 26.048.000 | 5.3% |
| 2016 | 26.345.000 | 1.13% |
| 2017 | 28.512.000 | 7.6% |
| 2018 | 30.676.000 | 7.05% |
Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.
| Year | Net Profit | Growth |
|---|---|---|
| 1995 | 2.614.953 | |
| 1996 | 3.058.105 | 14.49% |
| 1997 | 3.032.000 | -0.86% |
| 1998 | 3.549.000 | 14.57% |
| 1999 | 3.300.000 | -7.55% |
| 2000 | 3.375.000 | 2.22% |
| 2001 | 2.744.000 | -23% |
| 2002 | 1.033.000 | -165.63% |
| 2003 | 3.263.000 | 68.34% |
| 2004 | 3.604.000 | 9.46% |
| 2007 | 4.133.000 | 12.8% |
| 2008 | 813.000 | -408.36% |
| 2009 | 1.936.000 | 58.01% |
| 2010 | 3.098.000 | 37.51% |
| 2011 | 3.402.000 | 8.94% |
| 2012 | 4.350.000 | 21.79% |
| 2013 | 4.499.000 | 3.31% |
| 2014 | 4.792.000 | 6.11% |
| 2015 | 5.806.000 | 17.46% |
| 2016 | 6.097.000 | 4.77% |
| 2017 | 5.421.000 | -12.47% |
| 2018 | 7.296.000 | 25.7% |
EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.
| Year | Earning per Share (EPS) | Growth |
|---|---|---|
| 1995 | 1 | |
| 1996 | 1 | 0% |
| 1997 | 1 | 0% |
| 1998 | 1 | 0% |
| 1999 | 1 | 0% |
| 2000 | 1 | 0% |
| 2001 | 1 | 0% |
| 2002 | 0 | 0% |
| 2003 | 1 | 0% |
| 2004 | 1 | 0% |
| 2007 | 1 | 100% |
| 2008 | 0 | 0% |
| 2009 | 0 | 0% |
| 2010 | 1 | 0% |
| 2011 | 1 | 0% |
| 2012 | 1 | 0% |
| 2013 | 1 | 0% |
| 2014 | 1 | 100% |
| 2015 | 1 | 0% |
| 2016 | 1 | 0% |
| 2017 | 1 | 0% |
| 2018 | 2 | 0% |
Cashflow Statements
Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.
Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.
| Year | Free Cashflow | Growth |
|---|---|---|
| 1995 | 1.453.501 | |
| 1996 | 598.052 | -143.04% |
| 1997 | 2.719.000 | 78% |
| 1998 | 1.062.000 | -156.03% |
| 1999 | 4.206.000 | 74.75% |
| 2000 | 777.000 | -441.31% |
| 2001 | 3.997.000 | 80.56% |
| 2002 | 5.798.000 | 31.06% |
| 2003 | 5.828.000 | 0.51% |
| 2004 | 5.218.000 | -11.69% |
| 2007 | 2.889.000 | -80.62% |
| 2008 | 6.674.000 | 56.71% |
| 2009 | 6.769.000 | 1.4% |
| 2010 | 4.729.000 | -43.14% |
| 2011 | 7.547.000 | 37.34% |
| 2012 | 3.759.000 | -100.77% |
| 2013 | 6.796.000 | 44.69% |
| 2014 | 6.808.000 | 0.18% |
| 2015 | 6.712.000 | -1.43% |
| 2016 | 6.409.000 | -4.73% |
| 2017 | 4.098.000 | -56.39% |
| 2018 | 10.713.000 | 61.75% |
Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.
| Year | Operating Cashflow | Growth |
|---|---|---|
| 1995 | 2.403.455 | |
| 1996 | 2.273.313 | -5.72% |
| 1997 | 3.607.000 | 36.97% |
| 1998 | 3.109.000 | -16.02% |
| 1999 | 4.586.000 | 32.21% |
| 2000 | 2.613.000 | -75.51% |
| 2001 | 5.169.000 | 49.45% |
| 2002 | 6.068.000 | 14.82% |
| 2003 | 6.177.000 | 1.76% |
| 2004 | 5.828.000 | -5.99% |
| 2007 | 5.451.000 | -6.92% |
| 2008 | 7.899.000 | 30.99% |
| 2009 | 7.460.000 | -5.88% |
| 2010 | 5.529.000 | -34.92% |
| 2011 | 8.428.000 | 34.4% |
| 2012 | 4.080.000 | -106.57% |
| 2013 | 7.707.000 | 47.06% |
| 2014 | 7.574.000 | -1.76% |
| 2015 | 8.314.000 | 8.9% |
| 2016 | 7.523.000 | -10.51% |
| 2017 | 6.932.000 | -8.53% |
| 2018 | 12.058.000 | 42.51% |
Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.
| Year | Capital Expenditure | Growth |
|---|---|---|
| 1995 | 949.954 | |
| 1996 | 1.675.261 | 43.3% |
| 1997 | 888.000 | -88.66% |
| 1998 | 2.047.000 | 56.62% |
| 1999 | 380.000 | -438.68% |
| 2000 | 1.836.000 | 79.3% |
| 2001 | 1.172.000 | -56.66% |
| 2002 | 270.000 | -334.07% |
| 2003 | 349.000 | 22.64% |
| 2004 | 610.000 | 42.79% |
| 2007 | 2.562.000 | 76.19% |
| 2008 | 1.225.000 | -109.14% |
| 2009 | 691.000 | -77.28% |
| 2010 | 800.000 | 13.63% |
| 2011 | 881.000 | 9.19% |
| 2012 | 321.000 | -174.45% |
| 2013 | 911.000 | 64.76% |
| 2014 | 766.000 | -18.93% |
| 2015 | 1.602.000 | 52.18% |
| 2016 | 1.114.000 | -43.81% |
| 2017 | 2.834.000 | 60.69% |
| 2018 | 1.345.000 | -110.71% |
Balance Sheet
Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.
Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.
| Year | Equity | Growth |
|---|---|---|
| 1995 | 18.497.093 | |
| 1996 | 19.615.791 | 5.7% |
| 1997 | 20.590.000 | 4.73% |
| 1998 | 19.933.000 | -3.3% |
| 1999 | 23.980.000 | 16.88% |
| 2000 | 25.689.000 | 6.65% |
| 2001 | 27.070.000 | 5.1% |
| 2002 | 24.873.000 | -8.83% |
| 2003 | 26.358.000 | 5.63% |
| 2004 | 27.465.000 | 4.03% |
| 2007 | 44.219.000 | 37.89% |
| 2008 | 44.416.000 | 0.44% |
| 2009 | 45.734.000 | 2.88% |
| 2010 | 47.843.000 | 4.41% |
| 2011 | 51.865.000 | 7.75% |
| 2012 | 54.635.000 | 5.07% |
| 2013 | 56.827.000 | 3.86% |
| 2014 | 60.356.000 | 5.85% |
| 2015 | 67.769.000 | 10.94% |
| 2016 | 70.131.000 | 3.37% |
| 2017 | 70.037.000 | -0.13% |
| 2018 | 75.527.000 | 7.27% |
Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.
| Year | Assets | Growth |
|---|---|---|
| 1995 | 209.977.076 | |
| 1996 | 235.561.279 | 10.86% |
| 1997 | 238.531.000 | 1.25% |
| 1998 | 266.851.000 | 10.61% |
| 1999 | 275.825.000 | 3.25% |
| 2000 | 303.639.000 | 9.16% |
| 2001 | 317.096.000 | 4.24% |
| 2002 | 320.683.000 | 1.12% |
| 2003 | 321.587.000 | 0.28% |
| 2004 | 313.458.000 | -2.59% |
| 2007 | 480.178.000 | 34.72% |
| 2008 | 474.996.000 | -1.09% |
| 2009 | 462.409.000 | -2.72% |
| 2010 | 493.880.000 | 6.37% |
| 2011 | 509.220.000 | 3.01% |
| 2012 | 528.860.000 | 3.71% |
| 2013 | 539.459.000 | 1.96% |
| 2014 | 543.345.000 | 0.72% |
| 2015 | 582.771.000 | 6.77% |
| 2016 | 641.532.000 | 9.16% |
| 2017 | 712.345.000 | 9.94% |
| 2018 | 738.831.000 | 3.58% |
Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.
| Year | Liabilities | Growth |
|---|---|---|
| 1995 | 191.479.983 | |
| 1996 | 2.922.996 | -6450.81% |
| 1997 | 217.941.000 | 98.66% |
| 1998 | 246.918.000 | 11.74% |
| 1999 | 15.000.000 | -1546.12% |
| 2000 | 25.000.000 | 40% |
| 2001 | 24.000.000 | -4.17% |
| 2002 | 295.810.000 | 91.89% |
| 2003 | 295.229.000 | -0.2% |
| 2004 | 285.993.000 | -3.23% |
| 2007 | 435.959.000 | 34.4% |
| 2008 | 430.580.000 | -1.25% |
| 2009 | 416.675.000 | -3.34% |
| 2010 | 446.037.000 | 6.58% |
| 2011 | 457.355.000 | 2.47% |
| 2012 | 6.194.000 | -7283.84% |
| 2013 | 5.155.000 | -20.16% |
| 2014 | 15.155.000 | 65.98% |
| 2015 | 15.155.000 | 0% |
| 2016 | 15.355.000 | 1.3% |
| 2017 | 44.655.000 | 65.61% |
| 2018 | 33.655.000 | -32.68% |
Southern Michigan Bancorp, Inc. Financial Ratio (TTM)
Valuation Metrics
- Revenue per Share
- 6.76
- Net Income per Share
- 1.76
- Price to Earning Ratio
- 9.23x
- Price To Sales Ratio
- 2.34x
- POCF Ratio
- 6.22
- PFCF Ratio
- 6.82
- Price to Book Ratio
- 0.99
- EV to Sales
- 1.66
- EV Over EBITDA
- 4.77
- EV to Operating CashFlow
- 4.31
- EV to FreeCashFlow
- 4.85
- Earnings Yield
- 0.11
- FreeCashFlow Yield
- 0.15
- Market Cap
- 0,07 Bil.
- Enterprise Value
- 0,05 Bil.
- Graham Number
- 25.44
- Graham NetNet
- 27.06
Income Statement Metrics
- Net Income per Share
- 1.76
- Income Quality
- 1.48
- ROE
- 0.11
- Return On Assets
- 0.01
- Return On Capital Employed
- 0.02
- Net Income per EBT
- 0.82
- EBT Per Ebit
- 0.48
- Ebit per Revenue
- 0.38
- Effective Tax Rate
- 0.18
Margins
- Sales, General, & Administrative to Revenue
- 0.49
- Research & Developement to Revenue
- 0
- Stock Based Compensation to Revenue
- 0.03
- Gross Profit Margin
- 1
- Operating Profit Margin
- 0.38
- Pretax Profit Margin
- 0.18
- Net Profit Margin
- 0.15
Dividends
- Dividend Yield
- 0.03
- Dividend Yield %
- 3.45
- Payout Ratio
- 0.25
- Dividend Per Share
- 0.56
Operating Metrics
- Operating Cashflow per Share
- 2.61
- Free CashFlow per Share
- 2.32
- Capex to Operating CashFlow
- -0.11
- Capex to Revenue
- -0.04
- Capex to Depreciation
- -1.01
- Return on Invested Capital
- 0.07
- Return on Tangible Assets
- 0.01
- Days Sales Outstanding
- 38.51
- Days Payables Outstanding
- 0
- Days of Inventory on Hand
- 0
- Receivables Turnover
- 9.48
- Payables Turnover
- 0
- Inventory Turnover
- 0
- Capex per Share
- -0.29
Balance Sheet
- Cash per Share
- 33,81
- Book Value per Share
- 16,35
- Tangible Book Value per Share
- 149.69
- Shareholders Equity per Share
- 16.35
- Interest Debt per Share
- 8.26
- Debt to Equity
- 0.45
- Debt to Assets
- 0.05
- Net Debt to EBITDA
- -1.94
- Current Ratio
- 0
- Tangible Asset Value
- 0,69 Bil.
- Net Current Asset Value
- 0,13 Bil.
- Invested Capital
- 0.45
- Working Capital
- 0,16 Bil.
- Intangibles to Total Assets
- 0.02
- Average Receivables
- 0,00 Bil.
- Average Payables
- 0,00 Bil.
- Average Inventory
- 0
- Debt to Market Cap
- 0.46
Dividends
Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.
| Year | Dividends | Growth |
|---|---|---|
| 2000 | 0 | |
| 2001 | 1 | 0% |
| 2002 | 1 | 0% |
| 2003 | 1 | 0% |
| 2004 | 1 | 0% |
| 2005 | 1 | 0% |
| 2006 | 1 | 0% |
| 2007 | 1 | 0% |
| 2008 | 1 | 100% |
| 2009 | 0 | 0% |
| 2010 | 0 | 0% |
| 2011 | 0 | 0% |
| 2012 | 0 | 0% |
| 2013 | 0 | 0% |
| 2014 | 1 | 0% |
| 2015 | 1 | 0% |
| 2016 | 1 | 0% |
| 2017 | 1 | 0% |
| 2018 | 1 | 0% |
| 2019 | 1 | 0% |
| 2020 | 1 | 0% |
| 2021 | 1 | 0% |
| 2022 | 1 | 0% |
| 2023 | 1 | 0% |
Southern Michigan Bancorp, Inc. Profile
About Southern Michigan Bancorp, Inc.
Southern Michigan Bancorp, Inc. operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest Michigan communities. Its deposit products include interest and non-interest checking, savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit and IRAs. The company also provides home mortgages and equity loans, home equity line of credit, and auto/personal loans; business loans, such as lines of credit, term loans, commercial real estate loans, commercial and industrial loans, agriculture loans, letters of credit, small business administration loans, and capital access loans; industrial, construction, real estate, and inventory loans; and consumer lending products comprising direct and indirect loans to purchasers of residential real property and consumer goods. In addition, it offers trust and investment services that include investment management, trustee, IRA rollovers and retirement plan, institutional and personal custody, estate settlement, wealth management, estate and wealth transfer planning assistance, charitable gift planning assistance, and cash management custody services; and safe deposit box and automated teller machine services. Further, the company provides online and mobile banking, bill pay, e-statements, health savings account, ACH, wire transfer, remote deposit capture, insurance, and merchant services, as well as ATM, debit, credit, and gift cards. As of March 23, 2022, it operated 13 branches within Branch, Calhoun, Hillsdale, Kalamazoo, and St. Joseph Counties. The company was founded in 1871 and is based in Coldwater, Michigan.
- CEO
- Mr. John R. Waldron
- Employee
- 173
- Address
-
51 West Pearl Street
Coldwater, 49036
Southern Michigan Bancorp, Inc. Executives & BODs
| # | Name | Age |
|---|---|---|
| 1 |
Mr. Rick Feller Vice President of Retail Loans, Senior Collections Administrator of Southern Michigan Bank & Trust |
70 |
| 2 |
Mr. John H. Castle Chairman & Chief Executive Officer |
70 |
| 3 |
Mr. Kurt G. Miller Pres & Director |
70 |
| 4 |
Eric Romzek Head of IT - Southern Michigan Bank & Trust and First Vice President of IT - Southern Michigan Bank & Trust |
70 |
| 5 |
Mr. Kevin A. Twardy Senior Vice President, Chief Financial Officer & Treasurer |
70 |
| 6 |
Mr. Nicholas M. Grabowski Executive Vice President & Head of Lending |
70 |
| 7 |
Steve Todd Vice President of Commercial Loans - Southern Michigan Bank & Trust |
70 |
| 8 |
Trisha Clark Vice President of Risk Mgmt & Risk Mgmt Officer of Southern Michigan Bank & Trust |
70 |
| 9 |
Mr. Eric M. Anglin Executive Vice President, Chief Strategy Officer & Head of Business Development |
70 |
Southern Michigan Bancorp, Inc. Competitors
