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 Sturgis Bank & Trust Company
Sturgis Bank & Trust Company
| RSSD ID 366078 | CERTIFICATE 28593 | ABA NUMBER 272471632 |
| 113 E Chicago Rd |
Quarter Ended : |
2025-09-30 |
| Sturgis, Michigan, 49091 |
Updated : |
2025-10-29 |
| www.sturgis.bank |
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| 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 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
17 |
Number of Employees : |
209 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 998,251 |
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Total Interest Income | 37,071 |
| Total Liabilities | 922,927 |
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Total NonInterest Income | 6,632 |
| Total Bank Equity Capital | 75,324 |
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Total Interest Expense | 12,259 |
| Total Deposits | 894,882 |
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Total NonInterest Expense | 23,507 |
| Net Loans & Leases | 781,236 |
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Net Income | 6,491 |
| Loan Loss Allowance | 9,271 |
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Net Charge Offs | (108) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 87,177 |
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Total loans | 791,118 |
| Total assets for the leverage ratio | 999,349 |
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Loans secured by real estate: | 733,924 |
| Tier 1 Leverage Ratio | 7.85 |
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Commercial and industrial loans | 35,225 |
| Tier 1 Capital Ratio | 11.29 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.54 |
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Loans to individuals - Other | 13,148 |
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:· Sturgis Bank & Trust Company
