Call reports 2026
SOUTHERN MICHIGAN BANK & TRUST — 2026
What SOUTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 1,704,832,000 | 1,681,505,000 |
| Total loans | 1,307,585,000 | 1,277,802,000 |
| Allowance for loan losses | 15,268,000 | 15,248,000 |
| Securities available for sale | 156,249,000 | 154,086,000 |
| Securities held to maturity | 61,690,000 | 71,622,000 |
| Trading assets | 0 | 0 |
| Total deposits | 1,436,463,000 | 1,404,337,000 |
| Interest-bearing deposits | 1,197,498,000 | 1,152,927,000 |
| Noninterest-bearing deposits | 238,965,000 | 251,410,000 |
| Equity capital | 151,693,000 | 155,690,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 21,900,000 | 44,427,000 |
| Interest expense | 8,694,000 | 17,149,000 |
| Net interest income | 13,206,000 | 27,278,000 |
| Noninterest income | 2,487,000 | 3,463,000 |
| Noninterest expense | 10,592,000 | 21,332,000 |
| Provision for loan losses | 532,000 | 532,000 |
| Pretax income | 4,343,000 | 8,651,000 |
| Income tax | 736,000 | 1,464,000 |
| Net income | 3,607,000 | 7,187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 149,689,000 | 152,487,000 |
| Total capital | 165,883,000 | — |
| Risk-weighted assets | 1,379,229,000 | — |