Press Release

SOUTHERN MICHIGAN BANCORP, INC. DECLARES CASH DIVIDEND

December 17, 2008

Coldwater, Michigan, December 17, 2008:  Southern Michigan Bancorp, Inc. (OTCBB: SOMC.OB) declared a quarterly dividend of $.20 per share on the outstanding shares of the corporation’s stock.  The dividend is payable on January 16, 2009 to shareholders of record January 2, 2009.   Southern has paid a cash dividend each year but one since opening for business in 1872. 

Southern Michigan Bancorp, Inc. is a two bank holding company; the parent company of Southern Michigan Bank & Trust and FNB Financial of Three Rivers.  Its 19 offices throughout southern Michigan provide 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.

 

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