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Southern Michigan Bancorp, Inc. Announces First Quarter 2021 Earnings Southern Michigan Bancorp Inc Coldwater, Michigan, UNITED STATES COLDWATER, Mich., April 28, 2021 (GLOBE NEWSWIRE) Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced first quarter net income of $3,088,000, a 104.1% increase compared to net income of $1,513,000 for the first quarter of 2020. Earnings per share for the first quarter of 2021 increased to $1.35 per share, up $0.69 per share, from $0.66 per share for the first quarter of 2020. As of March 31, 2021, total consolidated assets were at a record high of $1.076 billion compared to $997.6 million on December 31, 2020. As of March 31, 2021, total loans and deposits also were at record levels totaling $644.4 million and $924.5 million, respectively.

United statesJohnh castleSouthern michigan bankSouthern michigan bancorp incMichigan bancorpChief executive officerSouthern michigan bancorpJoseph countiesஒன்றுபட்டது மாநிலங்களில்தெற்கு மிச்சிகன் வங்கிதெற்கு மிச்சிகன் பேன்கார்ப் இன்க்மிச்சிகன் பேன்கார்ப்தலைமை நிர்வாகி அதிகாரிதெற்கு மிச்சிகன் பேன்கார்ப்ஜோசப் மாவட்டங்கள்