SOMC (Southern Michigan Bancorp) Total Liabilities: $663.30 Mil (As of Dec. 2018)

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What is Southern Michigan Bancorp Total Liabilities?

Southern Michigan Bancorp SOMC +1.58% Total Liabilities is $663.30 Mil as of Dec. 2018.

Southern Michigan Bancorp's Total Liabilities for the quarter that ended in Dec. 2018 was $663.30 Mil.

Southern Michigan Bancorp's quarterly Total Liabilities increased from Jun. 2018 ($661.85 Mil) to Sep. 2018 ($693.51 Mil) but then declined from Sep. 2018 ($693.51 Mil) to Dec. 2018 ($663.30 Mil).

Southern Michigan Bancorp's annual Total Liabilities increased from Dec. 2016 ($571.40 Mil) to Dec. 2017 ($642.31 Mil) and increased from Dec. 2017 ($642.31 Mil) to Dec. 2018 ($663.30 Mil).

Southern Michigan Bancorp Total Liabilities Related Terms

Southern Michigan Bancorp Total Liabilities Historical Data

* Premium members only.

The historical data trend for Southern Michigan Bancorp's Total Liabilities 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 Total Liabilities Chart

Southern Michigan Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 480.19 515.00 571.40 642.31 663.30

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
Total Liabilities 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 642.31 649.17 661.85 693.51 663.30

Southern Michigan Bancorp Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Southern Michigan Bancorp's Total Liabilities for the fiscal year that ended in Dec. 2018 is calculated as

Total Liabilities=Total Assets (A: Dec. 2018 )-Total Equity (A: Dec. 2018 )
=738.831-75.527
=663.30

Southern Michigan Bancorp's Total Liabilities for the quarter that ended in Dec. 2018 is calculated as

Total Liabilities=Total Assets (Q: Dec. 2018 )-Total Equity (Q: Dec. 2018 )
=738.831-75.527
=663.30

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $663.30 Mil mean?
Southern Michigan Bancorp (SOMC) has a Total Liabilities of $663.30 Mil as of Dec. 2018. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Southern Michigan Bancorp and its competitors.
Is Southern Michigan Bancorp's Total Liabilities too high?
Southern Michigan Bancorp's current Total Liabilities is $663.30 Mil.
How does Southern Michigan Bancorp's Total Liabilities compare to UBNC and EMCF?
Southern Michigan Bancorp's Total Liabilities of $663.30 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 Total Liabilities for a Banks company?
A good Total Liabilities depends on the Banks industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Southern Michigan Bancorp and its competitors. Southern Michigan Bancorp's current Total Liabilities is $663.30 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 Total Liabilities of $663.30 Mil. The current Total Liabilities is $663.30 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Southern Michigan Bancorp (SOMC), the current Total Liabilities is $663.30 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.