Company Southern Michigan Bancorp, Inc.

Equities

SOMC

US84336P1030

Banks

Market Closed - OTC Markets 20:24:48 14/05/2024 BST 5-day change 1st Jan Change
16.5 USD -1.49% Intraday chart for Southern Michigan Bancorp, Inc. -1.84% +3.77%

Business Summary

Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust (The Bank). The Bank operates about 18 branches within Branch, Calhoun, Hillsdale, Jackson, Kalamazoo, and St. Joseph counties, providing a range of consumer, business, and wealth management services throughout the region. Its business, which it conducts primarily through the Bank, is concentrated in a single industry segment, commercial banking. The Bank offers a variety of deposit, payment, credit, and other financial services to all types of customers. The Bank’s commercial lending covers categories, such as business, industrial, agricultural, construction, inventory, and real estate. It offers trust and investment services, which include investment management, trustee services, and others. It also owns Southern Michigan Bancorp Capital Trust I, SMB Risk Management, Inc., and 27 Marshall Street, LLC. The Bank wholly owns SMB Financial Services, Inc.

Number of employees: 173

Sales per Business

USD in Million2022Weight2023Weight Delta
Commercial Banking
100.0 %
45 100.0 % 48 100.0 % +4.92%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
45 100.0 % 48 100.0 % +4.92%

Managers

Managers TitleAgeSince
Chief Executive Officer - 02/10/23
Director of Finance/CFO - -
Chairman 66 31/12/01
Chief Operating Officer - 31/12/09
Director/Board Member 68 31/12/01
Public Communications Contact - -
Corporate Officer/Principal - -
Comptroller/Controller/Auditor 57 31/12/98

Members of the board

Members of the board TitleAgeSince
Chairman 66 31/12/01
Director/Board Member 75 31/12/97
Director/Board Member 76 31/12/94
Director/Board Member 76 31/12/94
Director/Board Member 83 16/12/07
Director/Board Member 79 30/11/08
Director/Board Member - 30/06/17
Director/Board Member - -
Director/Board Member - 07/12/22
Director/Board Member - 31/01/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,521,106 4,471,213 ( 98.90 %) 0 98.90 %

Company contact information

Southern Michigan Bancorp, Inc.

51 West Pearl Street

49036, Coldwater

+

http://www.smb-t.com
address Southern Michigan Bancorp, Inc.(SOMC)
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