Southern Michigan Bank & Trust: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks Southern Michigan Bank & Trust of Coldwater, MI against its peer group of 931 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA | 0.84% | 1.46% | -0.62% | 20th bottom |
| ROAE | 9.32% | 12.72% | -3.40% | 27th below |
| Net Interest Margin | 3.55% | 3.85% | -0.30% | 38th below |
| Efficiency Ratio | 70.71% | 57.40% | +13.31% | 19th bottom |
| PPNR / Avg Assets | 1.01% | 1.88% | -0.87% | 16th bottom |
| Yield on Earning Assets Behind the peer average, ahead of the median peer. | 5.66% | 5.72% | -0.06% | 58th above |
| Cost of Funds | 2.22% | 2.02% | +0.20% | 36th below |
| Net Interest Spread | 3.01% | 3.18% | -0.17% | 46th below |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 1.25% | 1.00% | +0.25% | 25th below |
| NPA / Total Assets | 1.07% | 0.76% | +0.31% | 22nd bottom |
| NCO / Avg Loans | 0.01% | 0.43% | -0.42% | 65th above |
| ACL / Total Loans Behind the peer average, ahead of the median peer. | 1.19% | 1.31% | -0.12% | 58th above |
| ACL / NPLs (Coverage) | 95.46% | 543.65% | -448.19% | 27th below |
| Texas Ratio | 11.42% | 7.39% | +4.03% | 19th bottom |
| Provision / NCO | 63.56% | 619.03% | -555.47% | 22nd bottom |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Leverage Ratio | 9.04% | 11.44% | -2.40% | 12th bottom |
| Equity / Assets | 9.26% | 11.34% | -2.08% | 27th below |
| TCE / Tangible Assets | 8.53% | 10.50% | -1.97% | 20th bottom |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 90.99% | 86.95% | +4.04% | 41st below |
| Core Deposit Ratio | 79.82% | 85.56% | -5.74% | 20th bottom |
| Uninsured Deposit Ratio | 33.57% | 33.12% | +0.45% | 43rd below |
| Wholesale Funding Ratio | 6.05% | 5.70% | +0.35% | 34th below |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) Behind the peer average, ahead of the median peer. | 7.09% | 9.68% | -2.59% | 62nd above |
| Loan Growth (Y/Y) Behind the peer average, ahead of the median peer. | 7.06% | 8.06% | -1.00% | 58th above |
| Deposit Growth (Y/Y) Behind the peer average, ahead of the median peer. | 7.14% | 7.87% | -0.73% | 63rd above |
See Southern Michigan Bank & Trust's peers by name
The 931 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock Southern Michigan Bank & Trust, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full Southern Michigan Bank & Trust profile, how to read a UBPR, or how this data updates.