Southern Michigan Bancorp, Inc. (OTCBB: SOMC.OB) declared a quarterly dividend of $0.05 per share on the outstanding shares of the corporation’s stock. The dividend is payable on April 22, 2011 to shareholders of record April 8, 2011.
Southern Michigan Bancorp, Inc. is a bank holding company headquartered in Coldwater, Michigan. Its subsidiary bank, Southern Michigan Bank & Trust, has 17 branches within Branch, Calhoun, Cass, Hillsdale and St. Joseph Counties and provides a broad range of consumer, business and wealth management services throughout the region. For more information, please visit the Southern Michigan Bank & Trust website, www.smb-t.com.