Southern Michigan Bancorp, Inc. Announces Second Quarter 2016 Earnings
PR Newswire - Tue Jul 26, 7:00AM CDT
Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced second quarter 2016 net income of $1,398,000, or $0.58 per share, compared to net income of $1,880,000, or $0.79 per share, for the second quarter of 2015. Southern earned $2,772,000, or $1.15 per share, for the six-month period ended June 30, 2016 compared to $3,089,000, or $1.29 per share, for the same six-month period a year ago.
/C O R R E C T I O N -- Southern Michigan Bancorp, Inc./
PR Newswire - Tue Apr 26, 3:59PM CDT
In the news release, Southern Michigan Bancorp, Inc. Announces First Quarter 2016 Earnings, issued 26-Apr-2016 by Southern Michigan Bancorp, Inc. over PR Newswire, we are advised by the company that in the table titled "CONDENSED CONSOLIDATED BALANCE SHEETS," the line item should read "Issued and outstanding - 2,417,561 shares in 2016" rather than 2,275,117 shares, as originally issued inadvertently. The complete, corrected release follows:
Southern Michigan Bancorp, Inc. Announces First Quarter 2016 Earnings
PR Newswire - Tue Apr 26, 7:00AM CDT
Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) reported net income of $1,374,000, or $0.57 per share, for the quarter ended March 31, 2016. This compared to net income of $1,209,000, or $0.50 per share, for the first quarter of 2015.
Southern Michigan Bancorp, Inc. Announces Increase In Quarterly Dividend
PR Newswire - Tue Mar 22, 8:37AM CDT
Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced that its board of directors has approved an increase to the quarterly cash dividend that will be paid in April 2016. The $0.18 per share dividend is an increase of $0.02 per share, or 12.5%, over the January 22, 2016 cash dividend of $0.16 per share. The new annualized cash dividend rate of $0.72 per share represents a dividend yield of 2.88% based on the current market price of $25.00 per share. The dividend is payable April 22, 2016 to shareholders of record April 8, 2016.
Southern Michigan Bancorp declares cash dividend
M2 - Mon Dec 28, 6:46AM CST
Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) has declared a quarterly dividend of USD0.16 per share on the outstanding shares of the corporation's stock. The dividend is payable on January 22, 2016 to shareholders of record January 8, 2016. The annualized cash dividend of USD0.64 per share represents a 2.55 percent dividend yield based on the current market price of USD25.10 per share. Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust. It operates 14 branches and a loan production office, providing a broad range of consumer, business and wealth management services throughout the region.
Southern Michigan Bancorp, Inc. Declares Cash Dividend
PR Newswire - Fri Dec 18, 8:00AM CST
Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.16 per share on the outstanding shares of the corporation's stock. The dividend is payable on January 22, 2016 to shareholders of record January 8, 2016. The annualized cash dividend of $0.64 per share represents a 2.55% dividend yield based on the current market price of $25.10 per share.
Southern Michigan Bancorp, Inc. Announces Third Quarter 2015 Earnings
PR Newswire - Tue Oct 20, 7:00AM CDT
Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced third quarter 2015 net income increased 17.9% to $1,523,000, or $0.64 per share, compared to net income of $1,292,000, or $0.54 per share, for the third quarter of 2014. Southern's net income for the nine month period ended September 30, 2015 increased 30.3% to $4,612,000, or $1.92 per share, compared to net income of $3,540,000, or $1.47 per share, for the same nine month period a year ago.
.PUB 430 .DATE September 23, 2015 .TITLE M2 BEST BOOKS .PRICEDATE NOT APPLICABLE .DAY
M2 - Wed Sep 23, 2:28AM CDT
EXT M2 Best Books-September 23, 2015-Southern Michigan Bancorp announces quarterly dividend of USD0.16 per share (C)2000-2015 M2 COMMUNICATIONS ttp://www.m2.com
Southern Michigan Bancorp declares increased USD0.16 per share quarterly dividend
M2 - Mon May 11, 7:35AM CDT
Southern Michigan Bancorp Inc (OTC Pink:SOMC) reported on Friday that its board of directors approved a quarterly cash dividend of USD0.16 per share.
Southern Michigan announces dividend of USD0.15 per share
M2 - Wed Mar 25, 3:29AM CDT
A bank holding company, Southern Michigan Bancorp Inc (OTCQB:SOMC) reported on Tuesday a quarterly dividend of USD0.15 per share on its outstanding stock.
Southern Michigan Bancorp, Inc. Announces Fourth Quarter And Full Year 2014 Earnings
PR Newswire - Fri Feb 13, 3:46PM CST
Southern Michigan Bancorp, Inc. (OTCQB: SOMC) reported record net income of $4,792,000 for 2014 compared to $4,499,000 for 2013, an increase of $293,000, or 6.5%. Earnings per share were $1.99 for 2014 compared to $1.88 in 2013. Fourth quarter 2013 net income was $1,252,000, or $0.51 per share, compared to $1,158,000, or $0.49 per share in the fourth quarter of 2013.
Southern Michigan Bancorp declares quarterly dividend of USD0.15 per share
M2 - Mon Dec 22, 6:02AM CST
Bank holding company Southern Michigan Bancorp Inc (OTCQB:SOMC) declared on Friday that it will pay a quarterly dividend of USD0.15 per share on the outstanding shares of its stock.