Sturgis Bank & Trust Company: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Compared with Q1 2026, Yield on securities rose 0.38 percentage points in Q2 2026 to 3.68%, the biggest move on this page. Within Michigan, Sturgis Bank & Trust Company is 46th of 72 on net interest margin, 3.85% as of Q2 2026, below the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Sturgis Bank & Trust Company sits 0.14 points higher, at 3.85% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.45% |
| Yield on loans | 5.71% |
| Yield on securities | 3.68% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.66% |
| Cost of interest-bearing deposits | 1.94% |
| Cost of interest-bearing liabilities | 1.99% |
| Cost of borrowings | 4.07% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.85% |
| Yield to cost spread | 3.46% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $11.4M |
| Total interest expense | $3.8M |
| Interest expense on deposits | $3.5M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 5.06% | 1.55% | 3.57% | 5.39% | 2.06% |
| Q4 2023 | 5.09% | 1.80% | 3.36% | 5.40% | 2.07% |
| Q1 2024 | 5.14% | 1.97% | 3.23% | 5.43% | 2.42% |
| Q2 2024 | 5.28% | 2.10% | 3.23% | 5.56% | 3.04% |
| Q3 2024 | 5.44% | 2.20% | 3.32% | 5.71% | 3.28% |
| Q4 2024 | 5.45% | 2.10% | 3.42% | 5.73% | 3.12% |
| Q1 2025 | 5.36% | 1.87% | 3.55% | 5.65% | 3.00% |
| Q2 2025 | 5.48% | 1.84% | 3.70% | 5.78% | 2.98% |
| Q3 2025 | 5.40% | 1.84% | 3.64% | 5.72% | 3.04% |
| Q4 2025 | 5.47% | 1.77% | 3.78% | 5.80% | 3.18% |
| Q1 2026 | 5.35% | 1.67% | 3.74% | 5.70% | 3.30% |
| Q2 2026 | 5.45% | 1.66% | 3.85% | 5.71% | 3.68% |
Sturgis Bank & Trust Company yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Sturgis Bank & Trust Company, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Sturgis Bank & Trust Company profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 28593) · FFIEC NIC profile (RSSD 366078)