Call reports 2025
STURGIS BANK & TRUST COMPANY — 2025
What STURGIS BANK & TRUST COMPANY reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 958,391,000 | 984,161,000 | 998,251,000 | 997,929,000 |
| Total loans | 775,650,000 | 790,707,000 | 796,291,000 | 793,538,000 |
| Allowance for loan losses | 9,108,000 | 9,254,000 | 9,271,000 | 9,012,000 |
| Securities available for sale | 76,937,000 | 76,546,000 | 77,111,000 | 85,605,000 |
| Securities held to maturity | 19,066,000 | 18,748,000 | 18,490,000 | 18,256,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 842,527,000 | 882,522,000 | 894,882,000 | 892,884,000 |
| Interest-bearing deposits | 681,880,000 | 717,923,000 | 731,570,000 | 718,602,000 |
| Noninterest-bearing deposits | 160,647,000 | 164,599,000 | 163,312,000 | 174,282,000 |
| Equity capital | 71,486,000 | 72,596,000 | 75,324,000 | 77,501,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 12,041,000 | 24,360,000 | 37,071,000 | 49,808,000 |
| Interest expense | 4,089,000 | 8,099,000 | 12,259,000 | 16,221,000 |
| Net interest income | 7,952,000 | 16,261,000 | 24,812,000 | 33,587,000 |
| Noninterest income | 2,127,000 | 4,236,000 | 6,632,000 | 9,274,000 |
| Noninterest expense | 7,971,000 | 15,715,000 | 23,507,000 | 32,121,000 |
| Provision for loan losses | -204,000 | -51,000 | -126,000 | -395,000 |
| Pretax income | 2,266,000 | 4,823,000 | 8,041,000 | 11,123,000 |
| Income tax | 423,000 | 915,000 | 1,550,000 | 2,142,000 |
| Net income | 1,843,000 | 3,908,000 | 6,491,000 | 8,981,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,348,000 | 76,446,000 | 78,483,000 | 80,377,000 |
| Total capital | 83,683,000 | 85,041,000 | 87,177,000 | 88,986,000 |
| Risk-weighted assets | 666,423,000 | 687,341,000 | 695,335,000 | 701,377,000 |