Sturgis Bank & Trust Company: Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
Sturgis Bank & Trust Company is a community bank chartered in 1905, based in Sturgis, MI, in the years before the Federal Reserve System's founding. As of Q2 2026, the bank held approximately $1.0B in total assets and $893M in deposits. Profitability tracks the broader industry: ROA 1.16%, ROE 14.42%, NIM 3.85%. Capital cushions are healthy: 12.11% CET1, 8.63% Tier 1 leverage. Credit metrics are in line with industry norms, 1.36% NPL ratio. Its footprint covers 17 branches concentrated in Michigan.
As of June 30, 2026, Sturgis Bank & Trust Company reported a CET1 capital ratio of 12.11%, a return on assets of 1.16%, a nonperforming-loan ratio of 1.36%, a Texas ratio of 16.82%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 113 E Chicago Rd, Sturgis, MI 49091
- County
- St. Joseph
- Metro Area
- Sturgis, MI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1905
- Former names
- Sturgis Bank & Trust company, FSB (1997-1999); Sturgis Federal Savings Bank (1987-1997)
- Offices
- 17 domestic
- Employees (FTE)
- 204
- Domestic deposits
- $893.0M
- Allowance for credit losses
- $8.4M
- Net charge-offs (YTD)
- $15K
- Average total assets
- $1.01B
- Average total loans
- $799.3M
- Average interest-bearing deposits
- $716.8M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28593
- Fed RSSD
- 366078
- SEC CIK
- 1166362 → filed by STURGIS BANCORP, INC.
- Website
- www.sturgis.bank →
- Parent Holding Company
- STURGIS BANCORP, INC. (RSSD 3051571) · STBI
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Sturgis Bank & Trust Company terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Sturgis Bank & Trust Company, freeSturgis Bank & Trust Company rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.11% | 1.16% | 1.36% | 16.82% | 3.85% |
| Q1 2026 | 11.45% | 0.89% | 1.66% | 17.91% | 3.74% |
| Q4 2025 | 11.46% | 1.00% | 1.75% | 18.52% | 3.78% |
| Q3 2025 | 11.29% | 1.03% | 1.82% | 18.97% | 3.64% |
| Q2 2025 | 11.12% | 0.86% | 1.22% | 13.10% | 3.70% |
| Q1 2025 | 11.31% | 0.77% | 0.86% | 9.76% | 3.55% |
| Q4 2024 | 11.07% | 0.99% | 0.97% | 10.62% | 3.42% |
| Q3 2024 | 11.01% | 0.80% | 0.88% | 10.55% | 3.32% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 17 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| St Joseph Banking Center Branch | Saint Joseph , MI | 49085 | $227.5M |
| Sturgis Bank & Trust Company (main office) | Sturgis , MI | 49091 | $194.0M |
| South Haven Banking Center | South Haven , MI | 49090 | $99.0M |
| Portage Branch | Portage , MI | 49024 | $52.4M |
| Colon Banking Center | Colon , MI | 49040 | $48.5M |
| White Pigeon Banking Center | White Pigeon , MI | 49099 | $48.2M |
| Centreville Banking Center | Centreville , MI | 49032 | $47.2M |
| Bangor Banking Center | Bangor , MI | 49013 | $45.5M |
| Sturgis Bank & Trust Company Branch | Niles , MI | 49120 | $39.5M |
| Bronson Banking Center | Bronson , MI | 49028 | $31.4M |
| Three Rivers Banking Center | Three Rivers , MI | 49093 | $21.7M |
| Marshall Banking Center Branch | Marshall , MI | 49068 | $21.7M |
| Climax Banking Center | Climax , MI | 49034 | $16.5M |
| South Haven (Center Street) Branch | South Haven , MI | 49090 | $0 |
| Portage Banking Center Branch | Portage , MI | 49024 | $0 |
| Sturgis Bank & Trust Company Branch | Saint Joseph , MI | 49085 | $0 |
| Sturgis Banking Center | Sturgis , MI | 49091 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| April 7, 2015 | Structure Change | Acquired The West Michigan Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 6, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
What the public regulatory sources show for Sturgis Bank & Trust Company, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.3% of deposits in MI, rank 29 of 98 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 882 applications, 735 loans originated, $146.5M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Sturgis Bank & Trust Company
What are Sturgis Bank & Trust Company's total assets?
As of the Q2 2026 filing, Sturgis Bank & Trust Company reported total assets of $1.03 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Sturgis Bank & Trust Company headquartered?
Sturgis Bank & Trust Company is headquartered in Sturgis, MI, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was Sturgis Bank & Trust Company founded?
Sturgis Bank & Trust Company was established in 1905, per the FDIC institution directory.
Is Sturgis Bank & Trust Company FDIC-insured?
Yes. Sturgis Bank & Trust Company is an FDIC-insured commercial bank (FDIC Certificate #28593). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Sturgis Bank & Trust Company?
Sturgis Bank & Trust Company's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Sturgis Bank & Trust Company's CET1 capital ratio?
Sturgis Bank & Trust Company reported a Common Equity Tier 1 (CET1) capital ratio of 12.11% in its Q2 2026 call report, above regulatory requirements.
How many branches does Sturgis Bank & Trust Company operate?
Sturgis Bank & Trust Company operates 17 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Sturgis Bank & Trust Company's Texas Ratio?
Sturgis Bank & Trust Company's Texas Ratio is 16.82% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was Sturgis Bank & Trust Company previously called?
The charter now named Sturgis Bank & Trust Company has also operated as Sturgis Bank & Trust company, FSB (1997-1999), Sturgis Federal Savings Bank (1987-1997), per FDIC structure-change records.
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