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Southern Michigan Bancorp (Southern Michigan Bancorp) Capital Adequacy Tier - Leverage Ratio % : 0.00% (As of . 20)


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What is Southern Michigan Bancorp Capital Adequacy Tier - Leverage Ratio %?

Capital Adequacy Tier - Leverage Ratio % measures a bank's capital relative to its total assets. This ratio is a measure of a bank's financial health and suggests how leveraged a bank is based on its assets. A higher ratio indicates stronger financial footing.

Southern Michigan Bancorp's Capital Adequacy Tier - Leverage Ratio % for the annual that ended in Dec. 2023 was 7.60% , which is lower than 8.10% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Southern Michigan Bancorp's Capital Adequacy Tier - Leverage Ratio % or its related term are showing as below:

SOMC's Capital Adequacy Tier - Leverage Ratio % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Capital Adequacy Tier - Leverage Ratio % only.

Southern Michigan Bancorp Capital Adequacy Tier - Leverage Ratio % Historical Data

The historical data trend for Southern Michigan Bancorp's Capital Adequacy Tier - Leverage Ratio % 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 Capital Adequacy Tier - Leverage Ratio % Chart

Southern Michigan Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Net Charge Offs to Average Loans %
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Southern Michigan Bancorp  (OTCPK:SOMC) Capital Adequacy Tier - Leverage Ratio % Calculation

Capital Adequacy Tier - Leverage Ratio % is calculated as

Capital Adequacy Tier - Leverage Ratio %=Capital / Total Assets

* 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  (OTCPK:SOMC) Capital Adequacy Tier - Leverage Ratio % Explanation

Capital Adequacy Tier - Leverage Ratio % measures a bank's capital relative to its total assets. In this situation, total assets means a bank's total exposures, which include its consolidated assets, derivative exposure and certain off-balance sheet exposures.

The leverage ratio is used by regulators to ensure the capital adequacy of banks and to limit the degree to which banks can leverage its capital base. The higher the leverage ratio is, the more likely a bank can withstand negative shocks to its balance sheet.

Southern Michigan Bancorp Capital Adequacy Tier - Leverage Ratio % Related Terms

Thank you for viewing the detailed overview of Southern Michigan Bancorp's Capital Adequacy Tier - Leverage Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Michigan Bancorp Inc (OTCPK:SOMC) » Definitions » Capital Adequacy Tier - Leverage Ratio %
Comparable Companies
UBNC EMCF OSL:TOTG OCSE:FYNBK ISX:PNBS AMRB CAI:CANA.CA CMTV XKRX:007330 BVBC WEBK OCSE:SKJE CAI:SAIB.CA CFBI MIL:BIM TSE:8416 TSE:8349 NWYF COL:UBC.N0000 HARL
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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