SOMC (Southern Michigan Bancorp) Ending Cash Position: $0.00 Mil (As of Dec. 2018)

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What is Southern Michigan Bancorp Ending Cash Position?

Southern Michigan Bancorp SOMC +1.58% Ending Cash Position is $0.00 Mil as of Dec. 2018.

Southern Michigan Bancorp's Ending Cash Position for the quarter that ended in Dec. 2018 was $0.00 Mil.

Southern Michigan Bancorp's annual Ending Cash Position increased from Dec. 2016 ($16.32 Mil) to Dec. 2017 ($17.42 Mil) and increased from Dec. 2017 ($17.42 Mil) to Dec. 2018 ($54.74 Mil).

Southern Michigan Bancorp Ending Cash Position Related Terms

Southern Michigan Bancorp Ending Cash Position Historical Data

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The historical data trend for Southern Michigan Bancorp's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern Michigan Bancorp Ending Cash Position Chart

Southern Michigan Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.37 13.49 16.32 17.42 54.74

Southern Michigan Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Southern Michigan Bancorp Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Southern Michigan Bancorp's Ending Cash Position for the fiscal year that ended in Dec. 2018 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=17.421+37.32
=54.74

Southern Michigan Bancorp's Ending Cash Position for the quarter that ended in Dec. 2018 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0+0
=0.00

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.00 Mil mean?
Southern Michigan Bancorp (SOMC) has a Ending Cash Position of $0.00 Mil as of Dec. 2018. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Southern Michigan Bancorp and its competitors.
Is Southern Michigan Bancorp's Ending Cash Position too high?
Southern Michigan Bancorp's current Ending Cash Position is $0.00 Mil.
How does Southern Michigan Bancorp's Ending Cash Position compare to UBNC and EMCF?
Southern Michigan Bancorp's Ending Cash Position of $0.00 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Banks company?
A good Ending Cash Position depends on the Banks industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Southern Michigan Bancorp and its competitors. Southern Michigan Bancorp's current Ending Cash Position is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Michigan Bancorp stock overvalued right now?
Southern Michigan Bancorp (SOMC) has a current Ending Cash Position of $0.00 Mil. The current Ending Cash Position is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Southern Michigan Bancorp (SOMC), the current Ending Cash Position is $0.00 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Southern Michigan Bancorp Business Description

Address 51 West Pearl Street, Coldwater, MI, USA, 49036
Southern Michigan Bancorp Inc is a United States-based financial holding company. The majority of its operations are carried out by its banking subsidiary, which offers individuals, businesses, institutions, and government agencies a full range of commercial banking products and services. These products and services include time, savings, and demand deposits; safe deposit box services; automated teller machine services; loans, including both commercial and consumer; investment management; trustee services, etc. The Group mainly caters to the communities located in Michigan through its banking and loan production offices. It has one reportable operating segment: commercial banking.