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