Financial Services » Banking | Sturgis Bancorp Inc.

Sturgis Bancorp Inc. | Income Statement

Fiscal year is January-December. All values USD Thousands.
2013
2014
2015
2016
2017
2018
Unusual Expense
1,316.00
37.00
1,017.00
-
30.00
-
Pretax Income
1,878.00
2,330.00
2,906.00
3,320.00
3,281.00
4,992
Consolidated Net Income
1,627.00
1,882.00
2,460.00
2,662.00
3,168.00
4,373
Net Income
1,627.00
1,882.00
2,460.00
2,662.00
3,168.00
4,373
Net Income After Extraordinaries
1,627.00
1,882.00
2,460.00
2,662.00
3,168.00
4,373
Net Income Available to Common
1,627.00
1,882.00
2,460.00
2,662.00
3,168.00
4,373
EPS (Basic)
0.80
0.91
1.19
1.28
1.52
2.08
Basic Shares Outstanding
2,045.40
2,061.70
2,073.00
2,080.80
2,089.50
2,098.50
EPS (Diluted)
0.80
0.91
1.19
1.28
1.52
2.08
Diluted Shares Outstanding
2,045.40
2,061.70
2,073.00
2,080.80
2,089.50
2,098.50
Operating Income
3,194.00
2,330.00
3,923.00
3,320.00
3,311.00
4,992
Income Taxes
251.00
448.00
446.00
658.00
113.00
619
Interest Income
11,922.00
12,008.00
12,630.00
14,132.00
14,982.00
17,237
Total Interest Expense
2,578.00
2,094.00
1,848.00
1,816.00
2,038.00
2,663
Net Interest Income
9,344.00
9,914.00
10,782.00
12,316.00
12,944.00
14,574
Net Interest Income after Provision
9,833.00
9,810.00
11,001.00
11,959.00
13,157.00
14,413
Non-Interest Income
5,489.00
4,930.00
6,350.00
5,201.00
5,010.00
5,084
Non-Interest Expense
12,128.00
12,410.00
13,428.00
13,840.00
14,856.00
14,505
Loan Loss Provision
489.00
104.00
219.00
357.00
213.00
161

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.

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