Southern Michigan Bank & Trust: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
The standout move of Q2 2026 was in Reserve coverage of non-performing loans: 34.20 percentage points lower than in Q1 2026, at 95.46%. Within Michigan, Southern Michigan Bank & Trust is 57th of 72 on return on assets, 0.84% as of Q2 2026, below the middle of the field. Southern Michigan Bank & Trust reported 0.84% on return on assets for Q2 2026, 0.44 points below the 1.28% median for banks in the $1B-10B asset tier.
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | — |
| Tier 1 risk-based capital ratio | — |
| Total risk-based capital ratio | — |
| Tier 1 leverage ratio | 9.04% |
| Equity capital to assets | 9.26% |
| Tangible equity to tangible assets | 8.53% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 1.25% |
| Non-performing assets ratio | 1.07% |
| Net charge-off ratio | 0.01% |
| Texas ratio | 11.42% |
| Allowance for credit losses to loans | 1.19% |
| Reserve coverage of non-performing loans | 95.46% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 0.84% |
| Return on equity | 9.32% |
| Net interest margin | 3.55% |
| Efficiency ratio | 70.71% |
| Yield on earning assets | 5.66% |
| Cost of funds | 2.22% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 90.99% |
| Core deposits to total deposits | 79.82% |
| Brokered deposits to total deposits | 5.77% |
| Deposits to assets | 83.52% |
| Securities to assets | 13.42% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 10.99% | 10.99% | 12.07% | 8.82% | 0.96% |
| Q4 2023 | 11.33% | 11.33% | 12.42% | 8.99% | 0.79% |
| Q1 2024 | 11.44% | 11.44% | 12.52% | 8.82% | 0.79% |
| Q2 2024 | 11.46% | 11.46% | 12.54% | 8.98% | 0.76% |
| Q3 2024 | 11.48% | 11.48% | 12.58% | 8.92% | 0.77% |
| Q4 2024 | 11.49% | 11.49% | 12.61% | 9.13% | 0.85% |
| Q1 2025 | 11.34% | 11.34% | 12.43% | 8.99% | 0.92% |
| Q2 2025 | 11.14% | 11.14% | 12.23% | 9.05% | 0.98% |
| Q3 2025 | 11.26% | 11.26% | 12.42% | 9.01% | 0.89% |
| Q4 2025 | 11.01% | 11.01% | 12.23% | 8.95% | 0.84% |
| Q1 2026 | 10.85% | 10.85% | 12.03% | 8.79% | 0.84% |
| Q2 2026 | — | — | — | 9.04% | 0.84% |
Southern Michigan Bank & Trust vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Southern Michigan Bank & Trust, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, 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)