-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ATvDPNM8tDAhIFIJ2PFan+Y3V4krIOgVTzf3MEA7/+g4GWbabcxiGJw1kn2POFvd AvFIZ/A/pT6ZTN/3T09jRg== 0000950124-00-000162.txt : 20000202 0000950124-00-000162.hdr.sgml : 20000202 ACCESSION NUMBER: 0000950124-00-000162 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20000103 ITEM INFORMATION: FILED AS OF DATE: 20000114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHERN MICHIGAN BANCORP INC CENTRAL INDEX KEY: 0000703699 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 382407501 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 002-78178 FILM NUMBER: 507418 BUSINESS ADDRESS: STREET 1: 51 W PEARL ST CITY: COLDWATER STATE: MI ZIP: 49036 BUSINESS PHONE: 5172795500 8-K 1 FORM 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Date of Report (Date of earliest event reported) January 3, 2000 SOUTHERN MICHIGAN BANCORP, INC. ------------------------------- (Name of Issuer in its charter) Michigan 38-2407501 - ---------------------------------------- ---------- (Address of principal executive offices) (I.R.S. Employer Identification No.) SOUTHERN MICHIGAN BANCORP, INC. -------------------------------- (Name of Issuer in its charter) 51 W. Pearl St., Coldwater, MI 49036-1995 - -------------------------------- ---------- Address of principal executive offices (Zip Code) Issuer's telephone number (517) 279-5500 -------------- N/A --- (former name or former address, if changed since last report) 2 ITEM 5. OTHER MATTERS Registrant announced the termination of its Stock Repurchase Program by its Board of Directors as of January 6, 2000. EXHIBITS. Copy of letter to stockbroker making a market in Corporations common stock and the stock-broker designated to handle the repurchase. Copy of Registrant's Press Release SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized officer. Southern Michigan Bancorp, Inc. /s/ JAMES T. GROHALSKI Dated: January 12, 2000 ----------------------- By: James T. Grohalski Its: President & CEO 3 Exhibit Index Exhibit Number Description - ------- ----------- 99.1 Copy of letter to stockbroker making a market in Corporations common stock and the stockbroker designated to handle the repurchase. 99.2 Copy of Registrant's Press Release EX-99.1 2 COPY OF LETTER TO STOCKBROKER 1 EXHIBIT 99.1 January 6, 2000 Mr. Daniel Parker Senior Vice President Hilliard Lyons 150 N. Willowbrook Road, Suite 300 Coldwater, MI 49036 Dear Mr. Parker: Effective, Monday, January 3, 2000, the Board of Directors of Southern Michigan Bancorp, Inc. has terminated the Repurchases of Common Stock Plan dated May 3, 1999. If you have any questions please contact me at (517) 279-5525. Very truly yours, /s/ JAMES T. GROHALSKI ---------------------- James T. Grohalski President & CEO EX-99.2 3 PRESS RELEASE 1 EXHIBIT 99.2 SOUTHERN MICHIGAN BANCORP, INC. ENDS REPURCHASE PLAN The Southern Michigan Bancorp, Inc. Board announced Monday, January 3, 2000, that they will be ending the stock repurchase plan initiated May 3, 1999. The plan authorized the company to make repurchases from time to time in the open market or in privately negotiated transactions. Repurchased common shares were used to meet the company's requirements for future stock splits and stock dividends and other general corporate purposes. As the needs have been met, the Board of Southern Michigan Bancorp is terminating the repurchase program. Southern Michigan Bank & Trust, the sole subsidiary of Southern Michigan Bancorp, Inc., operates 13 offices in Calhoun, Branch, & Hillsdale Counties. -----END PRIVACY-ENHANCED MESSAGE-----