Southern Michigan Bank & Trust: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
Fed funds purchased and repos dropped 29.6% in Q2 2026, from $1.1M to $787K. It was the largest change from Q1 2026 among the key lines here. Within Michigan, Southern Michigan Bank & Trust is 29th of 72 on loan-to-deposit ratio, 90.99% as of Q2 2026, above the middle of the field. Southern Michigan Bank & Trust reported 90.99% on loan-to-deposit ratio for Q2 2026, 2.79 points above the 88.20% median for banks in the $1B-10B asset tier.
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $83.4M |
| Cash and noninterest-bearing balances to assets | 4.95% |
| Cash and securities | $309.1M |
| Fed funds sold and reverse repos | $219K |
| Fed funds sold and reverse repos to assets | 0.01% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $787K |
| Other borrowed money | $100.9M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 6.00% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 90.99% |
| Net loans and leases to deposits | 89.90% |
| Loans and leases to core deposits | 106.31% |
| Core deposits to total deposits | 79.82% |
| Brokered deposits to total deposits | 5.77% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 86.65% | 85.51% | $2.0M | $100.1M |
| Q4 2023 | 89.14% | 83.10% | $1.7M | $110.1M |
| Q1 2024 | 87.11% | 81.77% | $1.8M | $120.1M |
| Q2 2024 | 88.73% | 81.15% | $883K | $100.2M |
| Q3 2024 | 85.29% | 81.89% | $1.7M | $86.2M |
| Q4 2024 | 88.74% | 80.77% | $1.6M | $86.1M |
| Q1 2025 | 86.08% | 81.42% | $1.2M | $86.1M |
| Q2 2025 | 91.06% | 80.36% | $818K | $101.1M |
| Q3 2025 | 87.72% | 79.68% | $1.1M | $101.0M |
| Q4 2025 | 89.49% | 79.41% | $1.4M | $101.0M |
| Q1 2026 | 91.03% | 80.34% | $1.1M | $101.0M |
| Q2 2026 | 90.99% | 79.82% | $787K | $100.9M |
Southern Michigan Bank & Trust liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Southern Michigan Bank & Trust, freeSource: Call Report Schedules RC and RC-M, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Southern Michigan Bank & Trust profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5019) · FFIEC NIC profile (RSSD 822042)