|
 |
|
|
 Sturgis Bank & Trust Company
Sturgis Bank & Trust Company
| RSSD ID 366078 | CERTIFICATE 28593 | ABA NUMBER 272471632 |
| 113 E Chicago Rd |
Quarter Ended : |
2025-06-30 |
| Sturgis, Michigan, 49091 |
Updated : |
2025-07-28 |
| www.sturgis.bank |
|
| Institution Profile |
| Year Opened : |
1905 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
17 |
Number of Employees : |
207 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 984,161 |
|
Total Interest Income | 24,360 |
| Total Liabilities | 911,565 |
|
Total NonInterest Income | 4,236 |
| Total Bank Equity Capital | 72,596 |
|
Total Interest Expense | 8,099 |
| Total Deposits | 882,522 |
|
Total NonInterest Expense | 15,715 |
| Net Loans & Leases | 777,728 |
|
Net Income | 3,908 |
| Loan Loss Allowance | 9,254 |
|
Net Charge Offs | (16) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 85,041 |
|
Total loans | 780,801 |
| Total assets for the leverage ratio | 956,100 |
|
Loans secured by real estate: | 725,696 |
| Tier 1 Leverage Ratio | 8 |
|
Commercial and industrial loans | 34,601 |
| Tier 1 Capital Ratio | 11.12 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.37 |
|
Loans to individuals - Other | 13,973 |
|
|
|
|
:· Sturgis Bank & Trust Company
