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Southern Michigan Bancorp, Inc. SOMC Current Price and Quotes
Last Price 16.69
Previous Close 16.69 Open N/A
Daily Range N/A - N/A 52wk Range 18.00 - 13.50
Volume 0 Dividend 0.52
Average Vol (3m) 849 Yield 3.1156
Southern Michigan Bancorp, Inc. SOMC
Company Verified Profile
Company Information
51 West Pearl Street
Coldwater, MI 49036
Website: http://www.smb-t.com
Phone: 517-279-5500
Email: info@smb-t.com
Southern Michigan Bancorp, Inc. SOMC
Southern Michigan Bancorp, Inc. SOMC
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: Bank/Thrift
Deregistered a/o Jan 03, 2013
Audited Financials Audited
Latest Report Dec 31, 2012 10-K
CIK 0000703699
Fiscal Year End 12/31
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 6022 - State commercial banks
Incorporated In: MI, USA
Year of Inc. Not Available
Employees Not Available
Company Officers/Contacts
John H. Castle CEO
Kurt Miller President, Chief Credit Officer
Danice L. Chartrand Senior VP, CFO, Secretary, Treasurer
Company Directors
John H. Castle Chairman
Service Providers
Auditor/Accountant
Clifton Gunderson LLP
1 Seagate
Suite 2650
Toledo, OH, 43604
United States
Legal Counsel
Warner, Norcross & Judd, LLP
900 Fifth Third Center
Grand Rapids, MI, 49503
United States
Investor Relations Firm
Not Available
Southern Michigan Bancorp, Inc. SOMC
SOMC Security Details
Share Structure
Market Value1 $39,655,724 a/o Sep 27, 2013
Shares Outstanding 2,376,017 a/o Nov 14, 2012
Float Not Available
Authorized Shares Not Available
Par Value 2.5
Shareholders
Shareholders of Record 398 a/o Jan 02, 2013
Corporate Actions
Ex. Date Record Date Pay Date
Dividend (0.13) Oct 02, 2013 Oct 04, 2013 Oct 18, 2013
Dividend (0.12) Jul 02, 2013 Jul 05, 2013 Jul 19, 2013
Dividend (0.12) Apr 03, 2013 Apr 05, 2013 Apr 19, 2013
Security Notes
Capital Change=shs increased by 2 for 1 split.. Ex-date=09/16/1997. Rec date=09/02/1997. Pay date=09/15/1997.
Capital Change=Stk. Div.=5%. Ex-date=02/01/2006. Rec date=02/03/2006. Pay date=02/15/2006.
Short Selling Data
Short Interest 0 (-100%)
Feb 15, 2013
Significant Failures to Deliver No
Transfer Agent(s)
Southern Michigan Bancorp, Inc. SOMC Recent News
Sept 24, 2013 Southern Michigan Bancorp, Inc. Increases Quarterly Dividend
Jul 24, 2013 Southern Michigan Bancorp, Inc. Announces Second Quarter 2013 Earnings
Southern Michigan Bancorp, Inc. SOMC Financials
Period Ending Dec 31, 2012 Dec 31, 2011
Total Revenue 27,172 25,872
Cost of Revenue 2,329 3,141
Gross Profit - -
Operating Expenses
Research and Development - -
Sales, General and Admin. 16,900 16,371
Non-Recurring Items - -
Other 1,675 1,389
Operating Income - -
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax 6,268 4,971
Interest Expense 488 610
Earnings Before Tax 5,780 4,361
Income Tax 1,430 959
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations 4,350 3,402
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income 4,350 3,402
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders 4,350 3,402
SOMC Southern Michigan Bancorp, Inc. Research DD Guide
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