Call report 2024Q2
STURGIS BANK & TRUST COMPANY — 2024Q2
The 22 measures STURGIS BANK & TRUST COMPANY reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 941,773,000 | USD | evidence → |
| Total loans | 764,703,000 | USD | evidence → |
| Allowance for loan losses | 9,502,000 | USD | evidence → |
| Securities available for sale | 79,101,000 | USD | evidence → |
| Securities held to maturity | 20,310,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 800,683,000 | USD | evidence → |
| Interest-bearing deposits | 631,394,000 | USD | evidence → |
| Noninterest-bearing deposits | 169,289,000 | USD | evidence → |
| Equity capital | 67,399,000 | 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 | 22,796,000 | USD | evidence → |
| Interest expense | 8,672,000 | USD | evidence → |
| Net interest income | 14,124,000 | USD | evidence → |
| Noninterest income | 5,206,000 | USD | evidence → |
| Noninterest expense | 14,417,000 | USD | evidence → |
| Provision for loan losses | 4,773,000 | USD | evidence → |
| Pretax income | -66,000 | USD | evidence → |
| Income tax | -128,000 | USD | evidence → |
| Net income | 62,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 71,496,000 | USD | evidence → |
| Total capital | 79,785,000 | USD | evidence → |
| Risk-weighted assets | 669,483,000 | USD | evidence → |