Southern Michigan Bank & Trust in Michigan vs the state
12.9%Denial rate-5.60 pts vs state
13.7%Decision denial rate-8.90 pts vs state
72.6%Origination rate+12.72 pts vs state
—Median rate
—Rate spread (pts)
$92kMedian applicant income
326Loans originated
58Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 317 | 191 | 19.6% | — | #146 |
| 2024 | 331 | 237 | 10.9% | — | #152 |
| 2025 | 449 | 326 | 12.9% | — | #138 |
What Southern Michigan Bank & Trust lends in Michigan
By loan purpose
By loan type
Where in Michigan
Counties with the most Southern Michigan Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Branch County | 109 | 71 | 24 | 22.0% |
| Hillsdale County | 97 | 75 | 8 | 8.2% |
| Jackson County | 89 | 66 | 5 | 5.6% |
| Calhoun County | 48 | 32 | 12 | 25.0% |
| St. Joseph County | 45 | 33 | 5 | 11.1% |
| Kalamazoo County | 10 | 9 | 0 | 0.0% |
| Lenawee County | 9 | 7 | 0 | 0.0% |
| Cass County | 6 | 5 | 0 | 0.0% |
| Berrien County | 4 | 4 | 0 | 0.0% |
| Barry County | 4 | 3 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 449 applications in 2025, of which 326 were originated and 58 denied.
12.9% of all applications, or 13.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Southern Michigan Bank & Trust's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology