Call report 2024Q2
SOUTHERN MICHIGAN BANK & TRUST — 2024Q2
The 22 measures SOUTHERN MICHIGAN BANK & TRUST reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,454,053,000 | USD | evidence → |
| Total loans | 1,073,523,000 | USD | evidence → |
| Allowance for loan losses | 11,922,000 | USD | evidence → |
| Securities available for sale | 158,563,000 | USD | evidence → |
| Securities held to maturity | 65,052,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,209,935,000 | USD | evidence → |
| Interest-bearing deposits | 992,435,000 | USD | evidence → |
| Noninterest-bearing deposits | 217,500,000 | USD | evidence → |
| Equity capital | 128,247,000 | 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 | 37,204,000 | USD | evidence → |
| Interest expense | 16,411,000 | USD | evidence → |
| Net interest income | 20,793,000 | USD | evidence → |
| Noninterest income | 4,016,000 | USD | evidence → |
| Noninterest expense | 17,470,000 | USD | evidence → |
| Provision for loan losses | 236,000 | USD | evidence → |
| Pretax income | 7,103,000 | USD | evidence → |
| Income tax | 1,392,000 | USD | evidence → |
| Net income | 5,711,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 130,578,000 | USD | evidence → |
| Total capital | 142,926,000 | USD | evidence → |
| Risk-weighted assets | 1,139,346,000 | USD | evidence → |