Southern Michigan Bank & Trust: Loan Portfolio
Data as of · Call Report Schedule RC-C How we update
The loan book by category. Concentration is what supervisors read here: a portfolio weighted heavily toward one collateral type carries that sector's cycle, which is the mechanism behind most community-bank failures.
The standout move of Q2 2026 was in CRE concentration (Tier 1 capital + allowance): 37.01 percentage points lower than in Q1 2026, at 361.09%. 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.
Loan totals
| Line item | Q2 2026 |
|---|---|
| Total loans and leases | $1.28B |
| Net loans and leases | $1.26B |
| Loans held for sale | $2.2M |
| Loans to total assets | 75.99% |
| Loan-to-deposit ratio | 90.99% |
| Net loans to equity capital | 8.11% |
Portfolio mix (share of total loans)
| Line item | Q2 2026 |
|---|---|
| Commercial real estate (nonfarm nonresidential) | 50.74% |
| Multifamily (5+ residential) | 7.69% |
| Commercial and industrial | 13.55% |
| Consumer | 0.51% |
| Credit cards | 0.00% |
| Farm | 4.48% |
| Loans to depository institutions | 0.00% |
| State and political subdivisions | 0.52% |
Concentration measures
| Line item | Q2 2026 |
|---|---|
| CRE concentration (Tier 1 capital + allowance) | 361.09% |
| Construction concentration (Tier 1 capital + allowance) | 24.25% |
Supervisory definition (FFIEC UBPR page 7B): construction and land development, multifamily, non-owner-occupied nonfarm nonresidential and unsecured CRE loans, over Tier 1 capital plus the allowance for credit losses. Owner-occupied CRE and farmland are excluded. The 2006 interagency guidance flags CRE above 300% of capital, or construction and development above 100%, for heightened supervisory scrutiny. These are screening thresholds, not limits.
Loan earnings
| Line item | Q2 2026 |
|---|---|
| Yield on loans | 6.23% |
| Interest income on loans | $20.1M |
Loan Portfolio trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Loan Portfolio by quarter
| Quarter | Total loans | Total deposits | Commercial real estate | Commercial and industrial | Consumer |
|---|---|---|---|---|---|
| Q3 2023 | $1.04B | $1.20B | 46.31% | 13.19% | 0.43% |
| Q4 2023 | $1.04B | $1.16B | 48.26% | 11.89% | 0.45% |
| Q1 2024 | $1.06B | $1.22B | 49.94% | 11.78% | 0.48% |
| Q2 2024 | $1.07B | $1.21B | 49.98% | 12.03% | 0.47% |
| Q3 2024 | $1.08B | $1.27B | 50.14% | 10.35% | 0.58% |
| Q4 2024 | $1.12B | $1.26B | 49.49% | 11.14% | 0.46% |
| Q1 2025 | $1.14B | $1.32B | 49.59% | 11.35% | 0.44% |
| Q2 2025 | $1.19B | $1.31B | 48.50% | 12.57% | 0.47% |
| Q3 2025 | $1.23B | $1.40B | 49.11% | 12.22% | 0.47% |
| Q4 2025 | $1.27B | $1.42B | 48.02% | 14.29% | 0.45% |
| Q1 2026 | $1.31B | $1.44B | 49.58% | 13.55% | 0.40% |
| Q2 2026 | $1.28B | $1.40B | 50.74% | 13.55% | 0.51% |
Southern Michigan Bank & Trust loan portfolio, all the way back
Loan Portfolio back to 2001 · peer percentiles on every line item · Excel export
Unlock Southern Michigan Bank & Trust, freeSource: Call Report Schedule RC-C, 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)