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Sturgis Bank & Trust Company
Sturgis, MI · FDIC Certificate #28593 · Chartered 01/0
Total assets
$1.03B
Total deposits
$893.00M
Total equity
$83.84M
Net loans
$760.38M
Branches (offices)
17
Net income (YTD)
$5.20M
Rank: #1,023 of 4,213 U.S. banks by assets · #18 of 72 in Michigan. Assets changed 4.5% and deposits 1.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.03% |
| Return on equity | 12.99% |
| Net interest margin (YTD) | 3.86% |
| Equity to assets | 8.15% |
| Tier 1 leverage ratio | 8.63% |
| Uninsured deposits (share of deposits) | 35.3% |
| Noncurrent loans (share of loans) | 0.92% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 85.1% |
| Real estate loans (share of loans) | 93.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $708.75M | 93.2% | |
| Commercial & industrial | $36.04M | 4.7% | |
| Consumer / individual | $14.61M | 1.9% | |
| Construction & development | $49.31M | 6.5% | |
| Agricultural | $1.07M | 0.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $782.90M | $686.55M | $3.21M | $64.98M |
| Jun 2023 | $894.63M | $796.62M | $3.93M | $68.70M |
| Jun 2024 | $941.77M | $800.68M | $62.00K | $67.40M |
| Jun 2025 | $984.16M | $882.52M | $3.91M | $72.60M |
| Jun 2026 | $1.03B | $893.00M | $5.20M | $83.84M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $893.00M | 17 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $893.00M.
Similar-sized banks
American Pride Bank ($1.03B) · Prevail Bank ($1.03B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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