Sterling Bank and Trust, FSB

Southfield, MI
IDRSSD: 979375
Total Assets
$2.30B
Latest filing
Total Deposits
$1.98B
Latest filing
Net Interest Margin
2.85%
Profitability
0

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassFederal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS
Primary RegulatorOCC
Established Date04/18/1984
Community BankNo
Ownership TypeNot Mutual
ZIP48076
State and County Number26125
Subchapter S CorporationsNo
Trust PowersTrust Powers Not Granted
Federal Reserve ID Number07
Numeric code33
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameDetroit-Warren-Dearborn, MI

Operational Info

Number of Employees219
Domestic Offices27
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date04/01/2025
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated11/28/2025
CERT32232
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.30B
Total Deposits$1.98B
Total Liabilities$2.01B
Total Equity Capital$292.44M
Net Income$-37,161,000
Net Loans and Leases$719.89M
Assets Per Employee ($Millions)$10.49M
Bank Premises and Fixed Assets$13.87M
Cash and Balances due from Depository Institutions$1.23B
Deposits Held in Domestic Offices$1.98B

Key Performance Ratios

Return on Assets (ROA)-6.29%
Return on Equity (ROE)-48.27%
Net Interest Margin2.85%
Efficiency Ratio-76.35%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.724%
Earning Assets to total Assets95.89%

Income and Expense

Total Interest Income$34.12M
Total Noninterest Income$-44,373,000
Total Interest Expense$17.92M
Total Noninterest Expense$21.52M
Net Interest Income$16.19M
Pre-tax Net Operating Income$-49,652,000
Provision for Credit Losses$-43,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$23.37M
Total Liabilities and Capital$2.30B

Securities

Securities$259.75M
Available-for-sale debt securities$255.27M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Sterling Bank and Trust, FSB?
$2.30B as of the latest filing.
How much are Sterling Bank and Trust, FSB's total deposits?
$1.98B in total deposits.
Where is Sterling Bank and Trust, FSB located?
Southfield, MI.
What is the Net Interest Margin?
2.85%.
How many domestic offices does it operate?
27.
When was it established?
04/18/1984.
What is the Return on Assets (ROA)?
-6.29%.
How much are total loans and leases?
$719.89M (latest filing).
What is the total interest income (latest filing)?
$34.12M.