|
 |
|
|
 Sterling Bank and Trust, FSB
Sterling Bank and Trust, FSB
| RSSD ID 979375 | CERTIFICATE 32232 | ABA NUMBER 272471849 |
| 1 Towne Sq |
Quarter Ended : |
2025-03-31 |
| Southfield, Michigan, 48076 |
Updated : |
2025-04-25 |
| Institution Profile |
| Year Opened : |
1984 |
Institution Type : |
Savings bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
All Other Over 1 Billion |
| Number of Employees : |
219 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,298,402 |
|
Total Interest Income | 34,116 |
| Total Liabilities | 2,005,958 |
|
Total NonInterest Income | (44,373) |
| Total Bank Equity Capital | 292,444 |
|
Total Interest Expense | 17,923 |
| Total Deposits | 1,982,584 |
|
Total NonInterest Expense | 21,515 |
| Net Loans & Leases | 719,895 |
|
Net Income | (37,161) |
| Loan Loss Allowance | 20,978 |
|
Net Charge Offs | 0 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 1,109,016 |
| Total assets for the leverage ratio | 2,383,132 |
|
Loans secured by real estate: | 1,105,144 |
| Tier 1 Leverage Ratio | 12.09 |
|
Commercial and industrial loans | 8,645 |
| Off Balance Sheet Exposures (%) | 0.98 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 0 |
|
|
|
|
:· Sterling Bank and Trust, FSB
