Southern Michigan Bancorp, Inc.

OTCPK:SOMC Stock Report

Market Cap: US$87.9m

Southern Michigan Bancorp Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

John Waldron

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1.2yrs
CEO ownershipn/a
Management average tenureless than a year
Board average tenure7.4yrs

Recent management updates

Recent updates

CEO

John Waldron

1.2yrs

Tenure

Mr. John R. Waldron serves as President & CEO of Southern Michigan Bancorp, Inc since October 3, 2023. He was Jackson Market President at Southern Michigan Bank & Trust since June 2022 until October 03, 20...

Leadership Team

NamePositionTenureCompensationOwnership
Danice Chartrand
Senior VPless than a yearUS$196.76kno data
John Waldron
President1.2yrsno datano data
Kevin Twardy
Senior VPless than a yearno datano data
Eric Anglin
Executive VPless than a yearno datano data
Aaron Lewis
Executive VP & Chief Credit Officerless than a yearno datano data
Nicholas Grabowski
Executive VP & Chief Lending Officerno datano datano data

1.0yrs

Average Tenure

Experienced Management: SOMC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
John Waldron
President1.2yrsno datano data
James Grohalski
Director Emeritusno dataUS$198.29kno data
Nolan Hooker
Independent Director33.9yrsUS$17.76kno data
John Castle
Chairman22.4yrsUS$405.25kno data
Kurt Miller
Vice Chairman of Board22.9yrsUS$334.51kno data
Brian McConnell
Independent Director17.8yrsUS$16.74kno data
Charles James Clark
Director10.9yrsno datano data
Patrick Flannery
Director7.4yrsno datano data
Stacey Hamlin
Director5yrsno datano data
Melissa Bauer
Director2.8yrsno datano data
Travis Hampton
Director2.4yrsno datano data
Andrew Mercer
Director2yrsno datano data

7.4yrs

Average Tenure

64yo

Average Age

Experienced Board: SOMC's board of directors are considered experienced (7.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:12
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Southern Michigan Bancorp, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution