Sterling Federal Bank, F.S.B.
Sterling, IL
IDRSSD: 867070
Total Assets
$513.70M
Latest filing
Total Deposits
$404.50M
Latest filing
Net Interest Margin
3.99%
Profitability
Key People
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Locations
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Main Office
Sterling Federal Bank, F.S.B.
110 E 4th St
Sterling, IL 61081
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1885FDIC Certificate 40498
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Sterling Federal Bank, F.S.B. (Main) | 110 E 4th St | Sterling, IL |
| DOWNTOWN BRANCH | 247 7th Ave S | Clinton, IA |
| 410 LINCOLNWAY EAST BRANCH | 410 E Lincolnway | Morrison, IL |
| 821 FIRST AVE BRANCH | 821 1st Ave | Rock Falls, IL |
| SOUTH GALENA BRANCH | 402 S Galena Ave | Dixon, IL |
| LYNN BOULEVARD LIMITED SERVICE BRANCH | 3200 E Lynn Blvd | Sterling, IL |
| 221 NORTH UNION BRANCH | 221 N Union St | Byron, IL |
| MT MORRIS BRANCH | 18 W Main St | Mount Morris, IL |
Showing 7 of 8
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
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Institution Profile
| Institution Class | Federal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS |
| Primary Regulator | OCC |
| Established Date | 01/01/1885 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 61081 |
| State and County Number | 17195 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 34 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Sterling, IL |
Operational Info
| Number of Employees | 97 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.sterlingfederal.com |
| Data Updated | 01/30/2026 |
| CERT | 27664 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $513.70M |
| Total Deposits | $404.50M |
| Total Liabilities | $473.06M |
| Total Equity Capital | $40.64M |
| Net Income | $281.00k |
| Net Loans and Leases | $350.11M |
| Assets Per Employee ($Millions) | $5.19M |
| Bank Premises and Fixed Assets | $5.79M |
| Cash and Balances due from Depository Institutions | $18.29M |
| Deposits Held in Domestic Offices | $404.50M |
Key Performance Ratios
| Return on Assets (ROA) | 0.22% |
| Return on Equity (ROE) | 2.84% |
| Net Interest Margin | 3.99% |
| Efficiency Ratio | 74.64% |
| Tier 1 Risk-Based Capital Ratio | 11.803% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.79% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.911% |
| Earning Assets to total Assets | 90.19% |
Income and Expense
| Total Interest Income | $6.73M |
| Total Noninterest Income | $803.00k |
| Total Interest Expense | $2.10M |
| Total Noninterest Expense | $4.06M |
| Net Interest Income | $4.63M |
| Pre-tax Net Operating Income | $368.00k |
| Provision for Credit Losses | $1.01M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $103.00k |
| Other borrowed funds | $65.62M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.94M |
| Total Liabilities and Capital | $513.70M |
Securities
| Securities | $97.42M |
| Available-for-sale debt securities | $97.42M |
| 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 Federal Bank, F.S.B.?
$513.70M as of the latest filing.
How much are Sterling Federal Bank, F.S.B.'s total deposits?
$404.50M in total deposits.
Where is Sterling Federal Bank, F.S.B. located?
Sterling, IL.
What is the Net Interest Margin?
3.99%.
How many domestic offices does it operate?
9.
When was it established?
01/01/1885.
What is the Return on Assets (ROA)?
0.22%.
How much are total loans and leases?
$350.11M (latest filing).
What is the total interest income (latest filing)?
$6.73M.