Southern Michigan Bank & Trust

Coldwater, MI
IDRSSD: 822042
Total Assets
$1.69B
Latest filing
Total Deposits
$1.42B
Latest filing
Net Interest Margin
3.28%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

072402610COLDWATER, MI

Key People

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Locations

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Main Office
Southern Michigan Bank & Trust
45 W Pearl St
Coldwater, MI 49036
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/16/1872FDIC Certificate 3348

Branches (20)

Page 1 of 3
NameAddressCity / State
Southern Michigan Bank & Trust (Main)45 W Pearl StColdwater, MI
SHOPPING CENTER BRANCH51 W Pearl StColdwater, MI
UNION CITY BRANCH225 N Broadway StUnion City, MI
TEKONSHA BRANCH202 N Main StTekonsha, MI
THE MOTOR BANK BRANCH405 N Broadway StUnion City, MI
EAST CHICAGO BRANCH441 E Chicago StColdwater, MI
BATTLE CREEK BRANCH5350 Beckley Road, B Drive NorthBattle Creek, MI
CHICAGO STREET BRANCH2 W Chicago StColdwater, MI
Showing 7 of 20

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/16/1872
Community BankYes
Ownership TypeNot Mutual
ZIP49036
State and County Number26023
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameColdwater, MI

Operational Info

Number of Employees242
Domestic Offices21
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date10/09/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.smb-t.com
Data Updated01/30/2026
CERT5019
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.69B
Total Deposits$1.42B
Total Liabilities$1.54B
Total Equity Capital$149.95M
Net Income$3.48M
Net Loans and Leases$1.26B
Assets Per Employee ($Millions)$6.73M
Bank Premises and Fixed Assets$26.46M
Cash and Balances due from Depository Institutions$109.49M
Deposits Held in Domestic Offices$1.42B

Key Performance Ratios

Return on Assets (ROA)0.83%
Return on Equity (ROE)9.4%
Net Interest Margin3.28%
Efficiency Ratio64.86%
Tier 1 Risk-Based Capital Ratio11.007%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.32%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.871%
Earning Assets to total Assets92.9%

Income and Expense

Total Interest Income$21.69M
Total Noninterest Income$2.59M
Total Interest Expense$8.91M
Total Noninterest Expense$9.98M
Net Interest Income$12.78M
Pre-tax Net Operating Income$4.06M
Provision for Credit Losses$1.33M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$3.69M
Other borrowed funds$101.00M
Federal Funds Sold & Reverse Repurchase Agreement$878.00k
Federal Funds Purchased and Repurchased Agreement$1.39M
All Other Liabilities$14.82M
Total Liabilities and Capital$1.69B

Securities

Securities$218.69M
Available-for-sale debt securities$156.22M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$62.47M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Southern Michigan Bank & Trust?
$1.69B as of the latest filing.
How much are Southern Michigan Bank & Trust's total deposits?
$1.42B in total deposits.
Where is Southern Michigan Bank & Trust located?
Coldwater, MI.
What is the Net Interest Margin?
3.28%.
How many domestic offices does it operate?
21.
When was it established?
01/16/1872.
What is the Return on Assets (ROA)?
0.83%.
How much are total loans and leases?
$1.26B (latest filing).
What is the total interest income (latest filing)?
$21.69M.