Sturgis Bank


Overview / Commentary
269-651-9345
113-125 E Chicago
Sturgis, MI 49091

Sturgis Bank is headquartered in Sturgis and is the 21st largest bank in the state of Michigan. It is also the 1,210th largest bank in the nation. It was established in 1905 and as of June of 2022, it had grown to 173 employees at 15 locations. Sturgis Bank has an A health rating.

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #28593
Year Established1905
Employees173
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD9.73%
Annual Interest Income$12.6MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$782.9MM$706.6MM
LoansQ2 2022vs Q2 2021$615.9MM$504.2MM
DepositsQ2 2022vs Q2 2021$686.6MM$571.6MM
Equity CapitalQ2 2022vs Q2 2021$65.0MM$63.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$7.3MM$7.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$89.00K$325.00K
Real Estate OwnedQ2 2022vs Q2 2021$240.00K$210.00K
Rates

Rates for Sturgis Bank are currently being reviewed.

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.