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Southern Michigan Bancorp, Inc. Announces Third Quarter 2025 Earnings
Globenewswire·2025-10-29 19:30

COLDWATER, Mich., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced third quarter 2025 net income of 3,019,000,or3,019,000, or 0.65 per share, an increase of 433,000,or16.70433,000, or 16.70%, compared to net income of 2,586,000, or 0.57pershare,forthethirdquarterof2024.Forthefirstninemonthsof2025,Southernearned0.57 per share, for the third quarter of 2024. For the first nine months of 2025, Southern earned 9,303,000, or 2.01pershare,anincreaseof2.01 per share, an increase of 1,552,000, or 20.0%, compared to net income of 7,751,000,or7,751,000, or 1.70 per share, for the same nine-month period on ...