Southern Michigan Bancorp, Inc.
| OTC Markets: SOMC
Southern Michigan Bancorp, Inc. operates as a bank holding company for Southern Michigan Bank & Trust. The company offers a variety of deposit, payment, credit and other financial services to all types of customers, including time, savings, and demand deposits, safe deposit services, and automated teller machine services; loans, such as both commercial and consumer, are extended primarily on a secured basis to corporations, partnerships and individuals; commercial lending covers, such categories as business, industry, agricultural, construction, inventory and real estate; and consumer lending, including direct and indirect loans to purchasers of residential real property and consumer goods. It also offers trust and investment services, which include investment management, trustee services, individual retirement account rollovers and retirement plans, institutional and personal custody, estate settlement, wealth management, estate planning assistance, wealth transfer planning assistance, charitable gift planning assistance, cash management custody, and telephone and Internet banking. The company was founded on March 1, 1982 and is headquartered in Coldwater, MI.