Southern Michigan Bank & Trust

Coldwater, MI
IDRSSD: 822042
Total Assets
$1.66B
Latest filing
Total Deposits
$1.40B
Latest filing
Net Interest Margin
3.33%
Profitability

Locations

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Main Office
Southern Michigan Bank & Trust
45 W Pearl St
Coldwater, MI 49036
Full Service - Brick and Mortar
Updated 11/14/2025Established 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 Employees244
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 Updated11/14/2025
CERT5019
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.66B
Total Deposits$1.40B
Total Liabilities$1.52B
Total Equity Capital$145.80M
Net Income$3.59M
Net Loans and Leases$1.21B
Assets Per Employee ($Millions)$6.88M
Bank Premises and Fixed Assets$26.35M
Cash and Balances due from Depository Institutions$127.56M
Deposits Held in Domestic Offices$1.40B

Key Performance Ratios

Return on Assets (ROA)0.89%
Return on Equity (ROE)10.03%
Net Interest Margin3.33%
Efficiency Ratio63.78%
Tier 1 Risk-Based Capital Ratio11.257%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.3%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.76%
Earning Assets to total Assets92.92%

Income and Expense

Total Interest Income$21.27M
Total Noninterest Income$2.60M
Total Interest Expense$8.79M
Total Noninterest Expense$9.63M
Net Interest Income$12.48M
Pre-tax Net Operating Income$4.25M
Provision for Credit Losses$1.20M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$101.04M
Federal Funds Sold & Reverse Repurchase Agreement$250.00k
Federal Funds Purchased and Repurchased Agreement$1.11M
All Other Liabilities$15.08M
Total Liabilities and Capital$1.66B

Securities

Securities$219.72M
Available-for-sale debt securities$156.02M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$63.70M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Southern Michigan Bank & Trust?
$1.66B as of the latest filing.
How much are Southern Michigan Bank & Trust's total deposits?
$1.40B in total deposits.
Where is Southern Michigan Bank & Trust located?
Coldwater, MI.
What is the Net Interest Margin?
3.33%.
How many domestic offices does it operate?
21.
When was it established?
01/16/1872.
What is the Return on Assets (ROA)?
0.89%.
How much are total loans and leases?
$1.21B (latest filing).
What is the total interest income (latest filing)?
$21.27M.