Southern Michigan Bancorp, Inc. Declares Cash Dividend
COLDWATER, Mich., March 19, 2013 /PRNewswire/ -- Southern Michigan Bancorp, Inc. (OTCQB: SOMC) declared a quarterly dividend of $0.12 per share on the outstanding shares of the corporation's stock. The dividend is consistent with the fourth quarter 2012 dividend which was paid January 25, 2013. The dividend is payable on April 19, 2013 to shareholders of record April 5, 2013.
Southern Michigan Bancorp, Inc. is a bank holding company headquartered in Coldwater, Michigan. Its subsidiary bank, Southern Michigan Bank & Trust, has 15 branches within Branch, Calhoun, 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.
SOURCE Southern Michigan Bancorp, Inc.