Fourthstone LLC has filed an amendment to its Schedule 13G, detailing its ownership stake in Southern Michigan Bancorp Inc. This amendment is significant as it highlights Fourthstone's investment strategy and its increasing influence in the banking sector.

Southern Michigan Bancorp Inc, classified under state commercial banks, is based in Coldwater, Michigan. The company operates primarily in the banking industry, providing various financial services to its customers. The recent filing, dated November 13, 2026, showcases Fourthstone's commitment to this sector.

According to the filing, Fourthstone LLC beneficially owns 335,863 shares of Southern Michigan Bancorp, representing 7.22% of the company's common stock. The filing states, "Fourthstone LLC acquired the Issuer's shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of influencing the control of the Issuer." This indicates that Fourthstone is not seeking to exert control over Southern Michigan Bancorp but is instead focusing on investment opportunities.

The filing also includes information about several other entities associated with Fourthstone, such as Fourthstone Master Opportunity Fund Ltd and Fourthstone GP LLC, which may also hold shares in Southern Michigan Bancorp. Collectively, these entities enhance Fourthstone's footprint in the banking sector.

This update may impact various stakeholders, including investors and competitors in the banking industry. As Fourthstone increases its stake, other firms may need to reassess their strategies in response to Fourthstone's growing presence.

Looking ahead, it remains unclear what specific actions Fourthstone may take regarding its investment in Southern Michigan Bancorp. The filing does not specify any upcoming votes or further filings related to this stake.