SOMC News and Press, Southern Michigan Bancorp Inc From 03/23/22

Southern Michigan (OTCPK:SOMC) declares $0.13/share quarterly dividend, 8.3% increase from prior dividend of $0.12. Forward yield 2.48% Payable April 22; for shareholders of record April 8; ex-div April 7. See SOMC Dividend Scorecard, Yield Chart, & Dividend Growth. For further details ...

Southern Michigan press release (OTCPK:SOMC): Q4 GAAP EPS of $0.56. Revenue of $10.9M (+18.1% Y/Y). For further details see: Southern Michigan GAAP EPS of $0.56, revenue of $10.9M

COLDWATER, Mich., Feb. 11, 2022 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) reported net income of $11,757,000 for 2021 compared to $7,386,000 for 2020.   Diluted earnings per share were $2.58 for 2021 compared to $1.61 for 2020 after adjusting for the 100...

COLDWATER, Mich., Feb. 01, 2022 (GLOBE NEWSWIRE) -- John H. Castle, Chairman and CEO of Southern Michigan Bancorp, Inc., the holding company of Southern Michigan Bank & Trust, recently announced the appointment of Melissa “Missy” Bauer as a member of its board of directors...

COLDWATER, Mich., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced third quarter 2021 net income of $3,138,000, or $0.69 per share, compared to net income of $2,018,000, or $0.44 per share, for the third quarter of 2020. Southern earned $9,235,000...

COLDWATER, Mich., July 28, 2021 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced second quarter 2021 net income of $3,009,000, or $0.66 per share, compared to net income of $1,831,000, or $0.40 per share, for the second quarter of 2020. Southern earned $6,097,0...

Southern Michigan (SOMC) declares $0.12/share quarterly dividend, in line with previous (stock dividend adjusted).Forward yield 2.49%Payable July 23; for shareholders of record July 9; ex-div July 8.See SOMC Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

COLDWATER, Mich., April 28, 2021 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced first quarter net income of $3,088,000, a 104.1% increase compared to net income of $1,513,000 for the first quarter of 2020. Earnings per share for the first quarter of 2021 incr...

COLDWATER, Mich., April 16, 2021 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC ) (“Southern”), the holding company for Southern Michigan Bank & Trust (the “Bank”), today announced that it has completed the private placement of $30 millio...

The Board of Southern Michigan Bancorp (SOMC) has declared a one hundred percent stock dividend payable on May 14, 2021 for shareholders of record April 26, 2021. “The declaration of this stock dividend is the result of Southern Michigan’s strong financial condition and the opti...