Southern Michigan Bank & Trust is headquartered in COLDWATER and is the 9th largest bank in the state of Michigan. It is also the 720th largest bank in the nation. It was established in 1872 and as of March of 2025, it had grown to 242 employees at 21 locations. Southern Michigan Bank & Trust has an A health rating.
Overall | |
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FDIC Certificate # | 5019 |
Year Established | 1872 |
Employees | 242 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.93% |
Return on Equity - YTD | 10.55% |
Annual Interest Income | $19.5MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $1.56B$1.47B |
Loans | Q1 2025vs Q1 2024 | $1.13B$1.05B |
Deposits | Q1 2025vs Q1 2024 | $1.32B$1.22B |
Equity Capital | Q1 2025vs Q1 2024 | $137.2MM$125.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $12.8MM$11.7MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $696K$841K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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