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Southern Michigan Bancorp (Southern Michigan Bancorp) Average Interest Earning Assets (USD Mil) : 0.00 (As of . 20)


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What is Southern Michigan Bancorp Average Interest Earning Assets (USD Mil)?

Average Interest Earning Assets (USD Mil) is the average of the beginning and ending balances of interest earning assets. Earning Assets are income-producing investments owned by a company without any significant effort on its owners.

Southern Michigan Bancorp's Average Interest Earning Assets (USD Mil) for the annual that ended in Dec. 2023 was 1,276.45 , which is higher than 1,147.89 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Southern Michigan Bancorp's Average Interest Earning Assets (USD Mil) or its related term are showing as below:

SOMC's Average Interest Earning Assets (USD Mil) is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Average Interest Earning Assets (USD Mil) only.

Southern Michigan Bancorp Average Interest Earning Assets (USD Mil) Historical Data

The historical data trend for Southern Michigan Bancorp's Average Interest Earning Assets (USD Mil) 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.

* Premium members only.

Southern Michigan Bancorp Average Interest Earning Assets (USD Mil) Chart

Southern Michigan Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Average Interest Earning Assets (USD Mil)
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Commercial Business Loans (USD Mil)
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Residential Mortgage Loans (USD Mil)
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Southern Michigan Bancorp  (OTCPK:SOMC) Average Interest Earning Assets (USD Mil) Explanation

Earning assets are assets that can generate income directly, such as stocks that pay dividends, bonds that pay interest, real estate properties that generate rental income, copyright and other interest or dividend earning accounts or instruments.

Average Earning Assets are commonly used as a denominator when calculating net interest margin. This ratio can help investors determine whether or not to invest in a financial company by providing visibility into the profitability of their interest income versus their interest expenses.


Southern Michigan Bancorp Average Interest Earning Assets (USD Mil) Related Terms

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Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
51 West Pearl Street, Coldwater, MI, USA, 49036
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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