Assets
Liabilities
Assets Southern Michigan Bank & Trust All Insured Commercial Banks in Michigan
Total Assets 639,528,000 310,577,917
Loans & Leases 445,057,000 216,162,583
Real Estate Loans 353,751 170,377
Commercial Loans 56,741 34,246
Individual Loans 7,813 6,909
Agricultural Loans 25,701 2,395
Other Loans and Leases in Domestic and Foreign Offices 5,892 4,967
Loan and Lease Allowance (4,841) (2,718)
Unearned Income on Loans — (13)
Securities 109,963,000 52,406,917
U.S. Treasury and Agency Securities 45,656 26,447
Municipal Securities 61,986 22,390
Foreign Debt Securities — 137
All Other Securities 2,321 3,433
Cash & Balances due from depository institutions 15,192,000 21,911,119
Noninterest-Bearing Cash and Due From Banks 11,832 7,751
Interest-Bearing Bank Balances 3,360 14,160
Federal Funds Sold and Resales 18,486 759
Trading Account Assets — 0
Premises and fixed assets (including capitalized leases) 11,957 5,622
Other Real Estate Owned 308 590
Direct and Indirect Investments in Real Estate Ventures 447 0
Investment in Unconsolidated Subsidiaries — 16
Acceptances and Other Assets 38,118 13,110
Liabilities Southern Michigan Bank & Trust All Insured Commercial Banks in Michigan
Total Liabilities 639,528,000 305,048,190
Deposits 567,013,000 271,113,548
Demand Deposits 28,025 45,963
All NOW & ATS Accounts 27,559 26,638
Money Market Deposit Accounts 89,891 45,591
Other Nontransaction Savings 301,537 76,679
Time Deposits At Or Below Insurance Limit 72,566 54,342
Fully Insured Brokered Deposits 7,794 13,573
Less: Fully Insured Brokered Deposits (7,794) (13,573)
Time Deposits Above Insurance Limit 17,090 10,051
Total Deposits in Foreign Offices — 0
Federal Home Loan Bank Borrowings Maturing Under One Year — 1,780
Federal Funds Purchased & Resales 13,311 1,957
Federal Home Loan Bank Borrowing Maturing Over One Year 10,000 5,674
Other Borrowings Maturing Under One Year — 0
Other Borrowing Maturing Over One Year — 2
Acceptances & Other Liabilities 7,034 2,436
Capital 72,515,000 33,934,643
Subordinated Notes and Debentures — 0
Total Equity 72,515 33,935