Call report 2024Q1
SOUTHERN MICHIGAN BANK & TRUST — 2024Q1
The 22 measures SOUTHERN MICHIGAN BANK & TRUST reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,474,685,000 | USD | evidence → |
| Total loans | 1,059,158,000 | USD | evidence → |
| Allowance for loan losses | 11,687,000 | USD | evidence → |
| Securities available for sale | 161,531,000 | USD | evidence → |
| Securities held to maturity | 60,864,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,215,898,000 | USD | evidence → |
| Interest-bearing deposits | 1,005,768,000 | USD | evidence → |
| Noninterest-bearing deposits | 210,130,000 | USD | evidence → |
| Equity capital | 125,708,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 18,475,000 | USD | evidence → |
| Interest expense | 8,042,000 | USD | evidence → |
| Net interest income | 10,433,000 | USD | evidence → |
| Noninterest income | 1,972,000 | USD | evidence → |
| Noninterest expense | 8,785,000 | USD | evidence → |
| Provision for loan losses | 0 | USD | evidence → |
| Pretax income | 3,620,000 | USD | evidence → |
| Income tax | 699,000 | USD | evidence → |
| Net income | 2,921,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 128,466,000 | USD | evidence → |
| Total capital | 140,579,000 | USD | evidence → |
| Risk-weighted assets | 1,123,015,000 | USD | evidence → |