Southern Michigan Bancorp (Southern Michigan Bancorp) Short-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2018)

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What is Southern Michigan Bancorp Short-Term Capital Lease Obligation?

Southern Michigan Bancorp's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil.

Southern Michigan Bancorp Short-Term Capital Lease Obligation Historical Data

The historical data trend for Southern Michigan Bancorp's Short-Term Capital Lease Obligation 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 Short-Term Capital Lease Obligation Chart

Southern Michigan Bancorp Annual Data

Trend

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Short-Term Capital Lease Obligation

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Southern Michigan Bancorp Quarterly Data
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Southern Michigan Bancorp Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Southern Michigan Bancorp Short-Term Capital Lease Obligation Related Terms

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Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Michigan Bancorp Inc (OTCPK:SOMC) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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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.

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