COLDWATER, Mich., June 16 /PRNewswire-FirstCall/ -- Southern Michigan Bancorp, Inc. (OTC Bulletin Board: SOMC) declared a quarterly dividend of $0.05 per share on the outstanding shares of the corporation's stock. The dividend is payable on July 16, 2010 to shareholders of record July 2, 2010.
Southern Michigan Bancorp, Inc. is a bank holding company headquartered in Coldwater, Michigan. Its subsidiary bank, Southern Michigan Bank & Trust, has 18 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.
SOURCE Southern Michigan Bancorp, Inc.