Sturgis Bank & Trust Company
Sturgis, MI
IDRSSD: 366078
Total Assets
$998.25M
Latest filing
Total Deposits
$894.88M
Latest filing
Net Interest Margin
3.76%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Sturgis Bank & Trust Company
113 E Chicago Rd
Sturgis, MI 49091
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1905FDIC Certificate 41427
Branches (16)
Page 1 of 3| Name | Address | City / State |
|---|---|---|
| Sturgis Bank & Trust Company (Main) | 113 E Chicago Rd | Sturgis, MI |
| CENTREVILLE BANKING CENTER | 158 W Main St | Centreville, MI |
| CLIMAX BANKING CENTER | 125 N Main St | Climax, MI |
| SOUTH HAVEN BANKING CENTER | 73881 M 43 | South Haven, MI |
| STURGIS BANKING CENTER | 1001 S Centerville Rd | Sturgis, MI |
| WHITE PIGEON BANKING CENTER | 122 W Chicago Rd | White Pigeon, MI |
| COLON BANKING CENTER | 110 S Blackstone Ave | Colon, MI |
| THREE RIVERS BANKING CENTER | 115 N Main St | Three Rivers, MI |
Showing 7 of 16
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 | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1905 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49091 |
| State and County Number | 26149 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Sturgis, MI |
Operational Info
| Number of Employees | 207 |
| Domestic Offices | 17 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/09/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.sturgis.bank |
| Data Updated | 11/14/2025 |
| CERT | 28593 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $998.25M |
| Total Deposits | $894.88M |
| Total Liabilities | $922.93M |
| Total Equity Capital | $75.32M |
| Net Income | $2.58M |
| Net Loans and Leases | $787.02M |
| Assets Per Employee ($Millions) | $4.78M |
| Bank Premises and Fixed Assets | $19.48M |
| Cash and Balances due from Depository Institutions | $45.99M |
| Deposits Held in Domestic Offices | $894.88M |
Key Performance Ratios
| Return on Assets (ROA) | 1.04% |
| Return on Equity (ROE) | 13.97% |
| Net Interest Margin | 3.76% |
| Efficiency Ratio | 71.18% |
| Tier 1 Risk-Based Capital Ratio | 11.287% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.03% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.546% |
| Earning Assets to total Assets | 91.81% |
Income and Expense
| Total Interest Income | $12.71M |
| Total Noninterest Income | $2.40M |
| Total Interest Expense | $4.16M |
| Total Noninterest Expense | $7.79M |
| Net Interest Income | $8.55M |
| Pre-tax Net Operating Income | $3.22M |
| Provision for Credit Losses | $-63,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $485.00k |
| Other borrowed funds | $15.68M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $12.37M |
| Total Liabilities and Capital | $998.25M |
Securities
| Securities | $95.60M |
| Available-for-sale debt securities | $77.11M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $18.49M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Sturgis Bank & Trust Company?
$998.25M as of the latest filing.
How much are Sturgis Bank & Trust Company's total deposits?
$894.88M in total deposits.
Where is Sturgis Bank & Trust Company located?
Sturgis, MI.
What is the Net Interest Margin?
3.76%.
How many domestic offices does it operate?
17.
When was it established?
01/01/1905.
What is the Return on Assets (ROA)?
1.04%.
How much are total loans and leases?
$787.02M (latest filing).
What is the total interest income (latest filing)?
$12.71M.