Sturgis Bank & Trust Company: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 5.34% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 5.34% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 12.11% +5.61 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $86.6M | 86,582 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $715.2M | 715,217 | RCOAA223 |
| Recomputed ratio | 12.11% | numerator / denominator | |
| Filed ratio | 12.11% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +5.61 pp | $40.1M | capital that could be lost first |
Tier 1 risk-based capital ratio 12.11% +4.11 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $86.6M | 86,582 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $715.2M | 715,217 | RCOAA223 |
| Recomputed ratio | 12.11% | numerator / denominator | |
| Filed ratio | 12.11% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +4.11 pp | $29.4M | capital that could be lost first |
Total risk-based capital ratio 13.34% +3.34 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $95.4M | 95,381 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $715.2M | 715,217 | RCOAA223 |
| Recomputed ratio | 13.34% | numerator / denominator | |
| Filed ratio | 13.34% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +3.34 pp | $23.9M | capital that could be lost first |
Tier 1 leverage ratio 8.63% +3.63 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $86.6M | 86,582 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $1.00B | 1,003,568 | RCOAA224 |
| Recomputed ratio | 8.63% | numerator / denominator | |
| Filed ratio | 8.63% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +3.63 pp | $36.4M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 70,026 | 67,098 | 67,099 | 67,097 | 40,000 | 40,000 | RCOAP742 |
| Retained earnings | 21,218 | 19,086 | 17,948 | 16,058 | 41,122 | 40,028 | RCOAKW00 |
| Accumulated other comprehensive income | (7,400) | (7,340) | (7,165) | (7,451) | (8,145) | (8,161) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 83,844 | 78,844 | 77,882 | 75,704 | 72,977 | 71,867 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 2,738 | 2,676 | 2,495 | 2,779 | 3,469 | 3,481 | P859 - P840 |
| Common equity Tier 1 capital | 86,582 | 81,520 | 80,377 | 78,483 | 76,446 | 75,348 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 86,582 | 81,520 | 80,377 | 78,483 | 76,446 | 75,348 | RCOA8274 |
| Tier 2 capital | 8,799 | 8,908 | 8,609 | 8,694 | 8,595 | 8,335 | RCOA5311 |
| Allowance includable in Tier 2 capital | 8,799 | 8,908 | 8,609 | 8,694 | 8,595 | 8,335 | RCOA5310 |
| Total capital | 95,381 | 90,428 | 88,986 | 87,177 | 85,041 | 83,683 | RCOA3792 |
| Total risk-weighted assets | 715,217 | 712,190 | 701,377 | 695,335 | 687,341 | 666,423 | RCOAA223 |
| Average total assets for the leverage ratio | 1,003,568 | 1,012,852 | 990,645 | 999,349 | 956,100 | 951,409 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $65.1M | $1.3M | 2.05% | 0.19% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $139.2M | $34.1M | 24.51% | 4.77% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $390.1M | $214.0M | 54.86% | 29.92% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $4.8M | $7.2M | 150.00% | 1.01% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $5.6M | $8.4M | 150.00% | 1.18% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $368.3M | $355.6M | 96.54% | 49.72% | RC-R Part II, item 4.d, 5.d |
| All other assets | $64.9M | $61.5M | 94.66% | 8.60% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $31.2M | $30.9M | 99.07% | 4.32% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $221K | $110K | 50.00% | 0.02% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $2.1M | NA | 0.30% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $713.1M | ties to item 31 ($713.1M) |
|---|---|---|
| Risk-weighted assets before deductions | $715.2M | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $715.2M | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 12.11% | 12.11% | 13.34% | 8.63% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 11.45% | 11.45% | 12.70% | 8.05% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 11.46% | 11.46% | 12.69% | 8.11% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 11.29% | 11.29% | 12.54% | 7.85% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 11.12% | 11.12% | 12.37% | 8.00% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 11.31% | 11.31% | 12.56% | 7.92% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 11.07% | 11.07% | 12.32% | 7.89% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 11.01% | 11.01% | 12.26% | 7.71% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 10.68% | 10.68% | 11.92% | 7.66% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 10.80% | 10.80% | 12.05% | 7.64% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 11.15% | 11.15% | 12.40% | 8.05% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 11.37% | 11.37% | 12.59% | 8.22% | 12.78% | 12.79% | 13.93% | 10.03% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| Sturgis Bank & Trust Company (this bank) | Risk-based | 12.11% | 12.11% | 13.34% | 8.63% | |
| Prevail Bank | $1.03B | CBLR | NA | NA | NA | 12.60% |
| American Pride Bank | $1.03B | CBLR | NA | NA | NA | 14.08% |
| Brannen Bank | $1.03B | Risk-based | 14.94% | 14.94% | 15.95% | 6.07% |
| Grand Savings Bank | $1.03B | CBLR | NA | NA | NA | 11.97% |
| Royal Banks of Missouri | $1.03B | Risk-based | 12.07% | 12.07% | 12.60% | 10.93% |
| Clear Mountain Bank, Inc. | $1.03B | CBLR | NA | NA | NA | 13.08% |
| First Federal Savings and Loan Association of Greene County | $1.03B | Risk-based | 31.68% | 31.68% | 32.08% | 15.37% |
| Clear Fork Bank N.A. | $1.03B | CBLR | NA | NA | NA | 10.57% |
| R Bank | $1.03B | Risk-based | 12.04% | 12.04% | 13.17% | 9.01% |
| First Central Savings Bank | $1.03B | Risk-based | 14.32% | 14.32% | 15.47% | 10.30% |
| Peer 25th percentile | 12.07% | 12.07% | 13.17% | 10.37% | ||
| Peer median | 14.32% | 14.32% | 15.47% | 11.45% | ||
| Peer 75th percentile | 14.94% | 14.94% | 15.95% | 12.96% | ||
| This bank's percentile | 40 | 40 | 40 | 10 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/366078/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.