Southern Michigan Bancorp, Inc. Announces First Quarter 2025 Earnings

COLDWATER, Mich., April 23, 2025 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced first quarter 2025 net income of $3,046,000, or$0.66 per share, an increase of $368,000, or 13.7$2,678,000, or $0.59 per share, for the first quarter of 2024. John R. Waldron, President and Chief Executive Officer of Southern Michigan Bancorp, Inc., stated, “First quarter 2025 earnings were solid, and credit quality remained strong. Our continued investment in market ...