Call report 2024Q1
STURGIS BANK & TRUST COMPANY — 2024Q1
The 22 measures STURGIS BANK & TRUST COMPANY reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 924,677,000 | USD | evidence → |
| Total loans | 756,718,000 | USD | evidence → |
| Allowance for loan losses | 9,381,000 | USD | evidence → |
| Securities available for sale | 75,354,000 | USD | evidence → |
| Securities held to maturity | 20,615,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 807,562,000 | USD | evidence → |
| Interest-bearing deposits | 652,251,000 | USD | evidence → |
| Noninterest-bearing deposits | 155,311,000 | USD | evidence → |
| Equity capital | 66,948,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 11,217,000 | USD | evidence → |
| Interest expense | 4,178,000 | USD | evidence → |
| Net interest income | 7,039,000 | USD | evidence → |
| Noninterest income | 3,060,000 | USD | evidence → |
| Noninterest expense | 7,408,000 | USD | evidence → |
| Provision for loan losses | 4,665,000 | USD | evidence → |
| Pretax income | -2,123,000 | USD | evidence → |
| Income tax | -509,000 | USD | evidence → |
| Net income | -1,614,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 70,803,000 | USD | evidence → |
| Total capital | 78,997,000 | USD | evidence → |
| Risk-weighted assets | 655,498,000 | USD | evidence → |