Sturdy Savings Bank

Stone Harbor, NJ
IDRSSD: 391977
Total Assets
$1.17B
Latest filing
Total Deposits
$1.06B
Latest filing
Net Interest Margin
3.36%
Profitability

Locations

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Main Office
Sturdy Savings Bank
9417 3rd Ave
Stone Harbor, NJ 08247
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1922FDIC Certificate 41622

Branches (12)

Page 1 of 2
NameAddressCity / State
Sturdy Savings Bank (Main)9417 3rd AveStone Harbor, NJ
SOMERS POINT BRANCH521 New RdSomers Point, NJ
AVALON BRANCH2628 Dune DrAvalon, NJ
DENNISVILLE BRANCH1224 Route 47Dennisville, NJ
NORTH CAPE MAY BRANCH3851 Bayshore RdNorth Cape May, NJ
CAPE MAY COURT HOUSE BRANCH17 S Main StCape May Court House, NJ
CAPE MAY BRANCH701 Washington StCape May, NJ
NORTH WILDWOOD BRANCH1900 New Jersey AveNorth Wildwood, NJ
Showing 7 of 12

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 ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date01/01/1922
Community BankYes
Ownership TypeMutual
ZIP08247
State and County Number34009
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number03
Numeric code42
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameOcean City, NJ

Operational Info

Number of Employees147
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.sturdyonline.com
Data Updated11/14/2025
CERT28788
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.17B
Total Deposits$1.06B
Total Liabilities$1.08B
Total Equity Capital$89.00M
Net Income$2.22M
Net Loans and Leases$618.94M
Assets Per Employee ($Millions)$7.86M
Bank Premises and Fixed Assets$21.49M
Cash and Balances due from Depository Institutions$87.28M
Deposits Held in Domestic Offices$1.06B

Key Performance Ratios

Return on Assets (ROA)0.77%
Return on Equity (ROE)10.25%
Net Interest Margin3.36%
Efficiency Ratio75.61%
Tier 1 Risk-Based Capital Ratio16.064%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.18%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.599%
Earning Assets to total Assets92.67%

Income and Expense

Total Interest Income$11.22M
Total Noninterest Income$1.21M
Total Interest Expense$2.33M
Total Noninterest Expense$7.63M
Net Interest Income$8.89M
Pre-tax Net Operating Income$2.98M
Provision for Credit Losses$-514,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$365.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$21.35M
Total Liabilities and Capital$1.17B

Securities

Securities$388.25M
Available-for-sale debt securities$132.86M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$251.18M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Sturdy Savings Bank?
$1.17B as of the latest filing.
How much are Sturdy Savings Bank's total deposits?
$1.06B in total deposits.
Where is Sturdy Savings Bank located?
Stone Harbor, NJ.
What is the Net Interest Margin?
3.36%.
How many domestic offices does it operate?
13.
When was it established?
01/01/1922.
What is the Return on Assets (ROA)?
0.77%.
How much are total loans and leases?
$618.94M (latest filing).
What is the total interest income (latest filing)?
$11.22M.