| SOMC Stock | | | USD 18.75 0.10 0.54% |
Chairman
Mr. John H. Castle is Chairman of the Board, Chief Executive Officer of Southern Michigan Bancorp, Inc. He was a director of Southern Michigan Bank since 2002 since 2002.
| Age | 66 |
| Tenure | 22 years |
| Phone | 517 279 5500 |
| Web | https://www.smb-t.com |
Castle is Chairman of the Board and Chief Executive Officer of Southern and Southern Michigan Bank. In concluding Mr. Castle should serve as a director of Southern, the Corporationrationrationrate Governance and Nominating Committee considered as important factors his extensive experience in the banking industry, his knowledge of the Southern organization and its operations through his daytoday management and his familiarity with the various market areas in which Southern competes.
Southern Michigan Management Efficiency
The company has return on total asset
(ROA) of
0.0104 % which means that it generated a profit of $0.0104 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity
(ROE) of
0.1399 %, meaning that it created $0.1399 on every $100 dollars invested by stockholders. Southern Michigan's management efficiency ratios could be used to measure how well Southern Michigan manages its routine affairs as well as how well it operates its assets and liabilities.
Southern Michigan Bancorp currently holds 57.03
M in liabilities. Debt can assist Southern Michigan until it has trouble settling it off, either with new capital or with free cash flow. So, Southern Michigan's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Southern Michigan Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Southern to invest in growth at high rates of return. When we think about Southern Michigan's use of debt, we should always consider it together with cash and equity.
Southern Michigan Bancorp, Inc. operates as the bank holding company for Southern Michigan Bank Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest Michigan communities. The company was founded in 1871 and is based in Coldwater, Michigan. Southern Michigan operates under BanksRegional classification in the United States and is traded on OTC Exchange. Southern Michigan Bancorp [SOMC] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Southern Michigan Bancorp Leadership Team
Elected by the shareholders, the Southern Michigan's board of directors comprises two types of representatives: Southern Michigan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Southern. The board's role is to monitor Southern Michigan's management team and ensure that shareholders' interests are well served. Southern Michigan's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Southern Michigan's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Trisha Clark, VP Trust | |
| Kurt Miller, President, Chief Credit Officer, Director and President of Southern Michigan Bank and Trust, Chief Credit Officer of Southern Michigan Bank and Trust, Director of Southern Michigan Bank and Trust and Member of Executive Committee | |
| Steve Todd, VP Trust | |
| Danice Chartrand, CFO, Sr. VP, Principal Accounting Officer, Treasurer, Secretary, CFO of Southern Michigan Bank and Trust, Sr. VP Southern Michigan Bank and Trust, Treasurer of Southern Michigan Bank and Trust and Secretary of Southern Michigan Bank and Trust | |
| John Castle, Chairman, CEO, Member of Executive Committee, Chairman of Southern Michigan Bank and Trust and CEO of Southern Michigan Bank and Trust | |
| Eric Romzek, Head Trust | |
| Rick Feller, Collections Loans | |
| Eric Anglin, Chief VP | |
Southern Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Southern Michigan a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Other Information on Investing in Southern Pink Sheet
Southern Michigan financial ratios help investors to determine whether Southern Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Southern with respect to the benefits of owning Southern Michigan security.