FACTANKER · measured, cited, anchored official records connected

Call report 2024Q3

SOUTHERN MICHIGAN BANK & TRUST — 2024Q3

The 22 measures SOUTHERN MICHIGAN BANK & TRUST reported to the FFIEC for 2024Q3, each linked to its source filing.

PERIOD: 2024Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/27ee69a0-3efb-493f-9484-73ac53833eca/2024Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets1,507,340,000USDevidence →
Total loans1,084,468,000USDevidence →
Allowance for loan losses12,363,000USDevidence →
Securities available for sale159,580,000USDevidence →
Securities held to maturity60,129,000USDevidence →
Trading assets0USDevidence →
Total deposits1,271,520,000USDevidence →
Interest-bearing deposits1,047,024,000USDevidence →
Noninterest-bearing deposits224,496,000USDevidence →
Equity capital133,354,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income56,705,000USDevidence →
Interest expense25,145,000USDevidence →
Net interest income31,560,000USDevidence →
Noninterest income6,193,000USDevidence →
Noninterest expense26,397,000USDevidence →
Provision for loan losses686,000USDevidence →
Pretax income10,695,000USDevidence →
Income tax2,087,000USDevidence →
Net income8,608,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital132,800,000USDevidence →
Total capital145,564,000USDevidence →
Risk-weighted assets1,156,901,000USDevidence →