Southern Michigan Bank & Trust
Coldwater, MI · Cert 5019 · Peer group: banks $1B-$10B in assets (n=322-328) · Southern Michigan Bcorp Inc.
State charter, non-member · FDIC · 20 branches
Q2 2026
$1.7BAssets
$1.3BLoans
$1.4BDeposits
$155.7MEquity
Executive Summary
- Strongest standing: net interest margin outperforms 37% of banks $1B-$10B in assets (rank 208 of 328).
- Widest gap: total risk-based capital ratio trails 100% of banks $1B-$10B in assets (rank 327 of 328).
- Overall: at or above the peer median on 0 of 9 directional measures.
Return on Assets
0.85%
Rank 259 of 328
Net Interest Margin
3.23%
Rank 208 of 328
Efficiency Ratio
69.39%
Rank 262 of 328
Equity / Assets
9.26%
Rank 236 of 328
Non-interest income vs. expense
Unfavorable gap of $35.7M · efficiency ratio beats 20% of banks $1B-$10B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.85% | 0.91% | 1.22% | 1.52% | Beats 21% | 259 / 328 | |
| Return on Equity | 9.23% | 8.43% | 11.45% | 14.43% | Beats 31% | 227 / 328 | |
| Net Interest Margin | 3.23% | 3.03% | 3.45% | 3.83% | Beats 37% | 208 / 328 | |
| Efficiency Ratio | 69.39% | 51.61% | 59.56% | 67.53% | Beats 20% | 262 / 328 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.92% | 0.24% | 0.51% | 1.03% | Beats 28% | 234 / 322 | |
| Net Charge-Offs / Loans | 0.07% | 0.01% | 0.03% | 0.10% | Beats 34% | 215 / 322 | |
| Capital |
| Tier 1 Capital Ratio | 9.04% | 11.75% | 13.15% | 15.47% | Beats 1% | 326 / 328 | |
| Total Risk-Based Capital Ratio | 9.04% | 12.63% | 14.15% | 16.46% | Beats 0% | 327 / 328 | |
| Equity / Assets | 9.26% | 9.15% | 10.33% | 12.01% | Beats 28% | 236 / 328 | |
| Liquidity & Funding |
| Loans / Deposits | 90.99% | 76.63% | 87.92% | 95.36% | 61st pctl | 126 / 323 | |
| Loans / Assets | 75.99% | 65.18% | 74.15% | 79.98% | 58th pctl | 139 / 328 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |