Southern Michigan Bancorp, Inc. is a financial holding company. The company is headquartered in Coldwater, Michigan. The Company’s wholly owned subsidiary, Southern Michigan Bank and Trust (SMBT) offer individuals, businesses, institutions and governmental agencies a range of commercial banking services primarily in the southern Michigan communities in which they are located. The company offers a variety of deposit, payment, credit, and other financial services to all types of customers. These services include time, savings, and demand deposits; safe deposit box services, and automated teller machine services. Its loans, including both commercial and consumer, are extended primarily on a secured basis to corporations, partnerships, and individuals. Its commercial lending covers such categories as business, industrial, agricultural, inventory and real estate. Its consumer lending covers direct and indirect loans to purchasers of residential real property and consumer goods. The company also offers trust and investment services.
SOMC stock price ended at $24.5 on 火曜日, after dropping 0.97%
On the latest trading day Jan 13, 2026, the stock price of SOMC fell by 0.97%, dropping from $24.66 to $24.50. During the session, the stock saw a volatility of 3.95%, with prices oscillating between a daily low of $24.04 and a high of $24.99. On the latest trading day, the trading volume for SOMC rose by 2.8K shares, despite the declining prices. This uptick in volume may signal heightened risk in the near term. In total, 3.4K shares were traded, with a market value of approximately $112.2M.