Sturgis Bank & Trust Company is headquartered in Sturgis and is the 29th largest bank in the state of Michigan. It is also the 1,726th largest bank in the nation. It was established in 1905 and as of March of 2017, it had grown to 122 employees at 12 locations. Sturgis Bank & Trust Company has an A health rating.
|FDIC Certificate #||28593|
|Return on Assets - YTD||0.72%|
|Return on Equity - YTD||7.81%|
|Annual Interest Income||$3.7MM|
|Assets and Liabilities|
|Assets||Q1 2017vs Q1 2016||$401.6MM$377.7MM|
|Loans||Q1 2017vs Q1 2016||$263.1MM$259.3MM|
|Deposits||Q1 2017vs Q1 2016||$311.6MM$299.7MM|
|Equity Capital||Q1 2017vs Q1 2016||$37.2MM$35.4MM|
|Loan Loss Allowance||Q1 2017vs Q1 2016||$3.2MM$3.2MM|
|Unbacked Noncurrent Loans||Q1 2017vs Q1 2016||$931.00K$3.4MM|
|Real Estate Owned||Q1 2017vs Q1 2016||$605.00K$1.2MM|
Rates for Sturgis Bank & Trust Company are currently being reviewed.