Company Description
Southern Michigan Bancorp, Inc. operates as the bank holding company for Southern Michigan Bank & Trust, which provides commercial banking services to individuals, businesses, institutions, and government agencies in the southern Michigan communities. Its subsidiary banks are Southern Michigan Bank & Trust and FNB Financial. Southern Michigan Bank offers a variety of deposit, payment, credit and other financial services to all types of customers. These services include time, savings, and demand deposits and automated teller machine services. Loans, both commercial and consumer, are extended on a secured basis to corporations, partnerships and individuals. Based in Coldwater, Michigan, the Bank has additional banking offices in Athens, Battle Creek, Camden, Cassopolis, Centreville, Coldwater, Constantine, Hillsdale, Marshall, Mendon, North Adams, Tekonsha, Three Rivers, and Union City, Michigan.
Financials, Fundamental Metrics & Ratios
| Revenue (Most Recent Fiscal Year) |
$84.61M |
| Net Income (Most Recent Fiscal Year) |
$10.40M |
| PE Ratio (Current Year Earnings Estimate) |
-- |
| PE Ratio (Trailing 12 Months) |
8.66 |
| PEG Ratio (Long Term Growth Estimate) |
-- |
| Price to Sales Ratio (Trailing 12 Months) |
1.10 |
| Price to Book Ratio (Most Recent Quarterly Book Value per Share) |
0.87 |
| Price to Cash Ratio (Most Recent Annual Cash Flow per Share) |
6.95 |
| Pre-Tax Margin (Trailing 12 Months) |
14.35% |
| Net Margin (Trailing 12 Months) |
12.52% |
| Return on Equity (Trailing 12 Months) |
10.29% |
| Return on Assets (Trailing 12 Months) |
0.73% |
| Current Ratio (Most Recent Fiscal Quarter) |
0.93 |
| Quick Ratio (Most Recent Fiscal Quarter) |
0.93 |
| Debt to Common Equity (Most Recent Fiscal Quarter) |
1.10 |
| Inventory Turnover (Trailing 12 Months) |
26.96 |
| Book Value per Share (Most Recent Fiscal Quarter) |
$23.42 |
| Earnings per Share (Most Recent Fiscal Quarter) |
-- |
| Earnings per Share (Most Recent Fiscal Year) |
-- |
| Diluted Earnings per Share (Trailing 12 Months) |
$2.35 |