COLDWATER, Mich., March 20, 2012 /PRNewswire/ -- Southern Michigan Bancorp, Inc. (OTCBB: SOMC.OB) declared a quarterly dividend of $0.07 per share on the outstanding shares of the corporation's stock. The dividend is consistent with the fourth quarter 2011 dividend which was paid January 20, 2012. The dividend is payable on April 20, 2012 to shareholders of record April 6, 2012.
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.