Financial Services » Banking | Sturgis Bancorp Inc.

Sturgis Bancorp Inc. | Balance Sheet

Fiscal year is January-December. All values USD Thousands.
2013
2014
2015
2016
2017
2018
Net Property, Plant & Equipment
7,113.00
7,504.00
8,114.00
8,360.00
8,985.00
9,274
Total Assets
307,368.00
314,331.00
370,353.00
400,581.00
414,432.00
431,575
Provision for Risks & Charges
-
-
933.00
620.00
2,008.00
Other Liabilities
2,417.00
2,778.00
2,385.00
3,566.00
3,609.00
Total Liabilities
278,833.00
283,981.00
337,741.00
365,854.00
377,178.00
Common Equity (Total)
28,535.00
30,350.00
32,612.00
34,727.00
37,254.00
Total Shareholders' Equity
28,535.00
30,350.00
32,612.00
34,727.00
37,254.00
Total Equity
28,535.00
30,350.00
32,612.00
34,727.00
37,254.00
Liabilities & Shareholders' Equity
307,368.00
314,331.00
370,353.00
400,581.00
414,432.00
Investments - Total
24,161.00
41,070.00
75,007.00
91,393.00
86,752.00
75,620
Other Assets (Including Intangibles)
19,399.00
17,354.00
18,812.00
21,761.00
20,394.00
20,295
Investment in Unconsolidated Subs.
-
-
-
-
1,507.00
1,326
Total Debt
44,585.00
44,218.00
47,812.00
61,180.00
34,447.00
Total Cash & Due from Banks
18,300.00
7,680.00
10,786.00
8,150.00
14,219.00
12,267
Net Loans
234,549.00
236,371.00
253,830.00
266,871.00
280,586.00
311,050
Real Estate Other Than Bank Premises
630.00
1,608.00
827.00
687.00
453.00
193
Total Deposits
229,020.00
234,290.00
284,039.00
297,767.00
337,114.00
Deferred Tax Liabilities
423.00
819.00
778.00
769.00
-

About Sturgis Bancorp

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Address
113-123 East Chicago Road
Sturgis Michigan 49091
United States
Employees -
Website http://www.sturgisbank.com
Updated 07/08/2019
Sturgis Bancorp, Inc. is a bank holding company of Sturgis Bank & Trust Company, which engages in accepting deposits from the general public and making single family mortgage loans, as well as consumer and commercial loans. It operates through the portfolio segments: Commercial, Commercial Real Estate and Commercial Construction, Consumer, Residential and Residential Construction, and Home Equity. The Commercial segment includes loans to businesses that are sole proprietorships, partnerships, limited liability companies and corporations.