Southern Michigan Bancorp (Southern Michigan Bancorp) Net Loan : $526.86 Mil (As of Dec. 2018)

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What is Southern Michigan Bancorp Net Loan?

Southern Michigan Bancorp's quarterly net loan declined from Jun. 2018 ($541.81 Mil) to Sep. 2018 ($529.51 Mil) and declined from Sep. 2018 ($529.51 Mil) to Dec. 2018 ($526.86 Mil).

Southern Michigan Bancorp's annual net loan increased from Dec. 2016 ($445.06 Mil) to Dec. 2017 ($529.51 Mil) and increased from Dec. 2017 ($529.51 Mil) to Dec. 2018 ($526.86 Mil).

Southern Michigan Bancorp Net Loan Historical Data

The historical data trend for Southern Michigan Bancorp's Net Loan 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.

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Southern Michigan Bancorp Net Loan Chart

Southern Michigan Bancorp Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Net Loan

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405.42

417.04

445.06

518.95

526.86

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
Net Loan	Get a 7-Day Free Trial															518.95	532.19	541.81	529.51	526.86

Southern Michigan Bancorp Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Michigan Bancorp Inc (OTCPK:SOMC) » Definitions » Net Loan

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 West Pearl Street, Coldwater, MI, USA, 49036

Website

https://www.smb-t.com

Southern Michigan Bancorp Inc is a United States-based financial holding company. It is engaged in the business activity of the ownership and management of its wholly-owned subsidiary bank. The Bank offers individuals, businesses, institutions, and government agencies a full range of commercial banking services. The customer base is located primarily in the southwest Michigan communities in which the Bank has branches, and in areas immediately surrounding these communities. The Bank makes commercial and consumer loans to customers. The majority of loans are secured by business assets, commercial and residential real estate, and consumer assets. The bank operates in a single segment: commercial banking.

Southern Michigan Bancorp (Southern Michigan Bancorp) Headlines

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