Southern Michigan Bancorp Overview
- Year Founded
-
1982
- Status
-
Public
- Employees
-
173
- Stock Symbol
-
SOMC
- Investments
-
1
- Share Price
-
$17.16
- (As of Friday Closing)
Southern Michigan Bancorp General Information
Description
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.
Contact Information
Website
www.smb-t.comCorporate Office
- 51 West Pearl Street
- Coldwater, MI 49036
- United States
Corporate Office
- 51 West Pearl Street
- Coldwater, MI 49036
- United States
Southern Michigan Bancorp Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $17.16 | $17.00 | $15.15 - $18.25 | $75.3M | 4.39M | 2.44K |
Southern Michigan Bancorp Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Southern Michigan Bancorp Comparisons
Industry
Financing
Details
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Southern Michigan Bancorp Competitors (3)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| HomeTrust Bancshares | Corporation | Asheville, NC | 000 | 00000000 | ||
| Midwest BankCentre | Venture Capital-Backed | Saint Louis, MO | 000 | 00000 | 000000000 | 00000 |
| County National Bank | Corporation | Hillsdale, MI | 00000000 |
Southern Michigan Bancorp Executive Team (6)
| Name | Title | Board Seat |
|---|---|---|
| John Waldron | Chief Executive Officer & President | |
| John Castle | Chief Executive Officer & Chairman | |
| Danice Chartrand | Chief Financial Officer, Finance & Chief Accounting Officer, Accounting | |
| Aaron Lewis | Chief Credit Officer & Executive Vice President | |
| Nick Grabowski | Executive Vice President & Chief Lending Officer |
Southern Michigan Bancorp Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Donald Labrecque | Self | Board Member | 000 0000 |
| Freeman Riddle | Self | Board Member | 000 0000 |
| John Castle | Southern Michigan Bancorp | Chief Executive Officer & Chairman | 000 0000 |
| Nolan Hooker | Self | Board Member | 000 0000 |
| Travis Hampton | Self | Board Member | 000 0000 |
Southern Michigan Bancorp Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Southern Michigan Bancorp Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| FNB Financial Corporation | 31-Dec-2007 | 0000000000 | Regional Banks | 0000 0000 |
Southern Michigan Bancorp Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Southern Michigan Bank and Trust | Regional Banks | Coldwater, MI | 0000 |
Southern Michigan Bancorp FAQs
-
When was Southern Michigan Bancorp founded?
Southern Michigan Bancorp was founded in 1982.
-
Who is the CEO of Southern Michigan Bancorp?
John Waldron and John Castle are the CEOs of Southern Michigan Bancorp.
-
Where is Southern Michigan Bancorp headquartered?
Southern Michigan Bancorp is headquartered in Coldwater, MI.
-
What is the size of Southern Michigan Bancorp?
Southern Michigan Bancorp has 173 total employees.
-
What industry is Southern Michigan Bancorp in?
Southern Michigan Bancorp’s primary industry is Regional Banks.
-
Is Southern Michigan Bancorp a private or public company?
Southern Michigan Bancorp is a Public company.
-
What is Southern Michigan Bancorp’s stock symbol?
The ticker symbol for Southern Michigan Bancorp is SOMC.
-
What is the current stock price of Southern Michigan Bancorp?
As of 06-Sep-2024 the stock price of Southern Michigan Bancorp is $17.16.
-
What is the current market cap of Southern Michigan Bancorp?
The current market capitalization of Southern Michigan Bancorp is $75.3M.
-
Who are Southern Michigan Bancorp’s competitors?
HomeTrust Bancshares, Midwest BankCentre, and County National Bank are competitors of Southern Michigan Bancorp.
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