TellerScore

Headquartered in Austin, Minnesota, Sterling State Bank is a state-chartered bank with $461.9M in total assets and $359.5M in deposits as of Q2 2026. It operates 6 offices. Its charter dates back to 1958.

Sterling State Bank has a TellerScore of 59 out of 100 (moderate) based on Q2 2026 data — higher than only 17% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 175th. Problem-loan coverage contributes the most (92/100, 4.1%); capital cushion contributes the least (35/100, 8.54%).

TellerScore · Q2 2026

Scorecard

Capital cushion35/100
Tier 1 leverage ratio: 8.54%
Loan quality84/100
Noncurrent loans ÷ total loans: 0.47%
Earnings59/100
Return on assets (annualized): 0.98%
Funding & liquidity41/100
Loans ÷ deposits and uninsured-deposit share: 84.8% · 46.2% uninsured
Problem-loan coverage92/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 4.06%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 4 points (55 → 59), mostly because the earnings component improved by 16 points.

TellerScore
535659Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202453
Q3 202453
Q4 202453
Q1 202555
Q2 202555
Q3 202557
Q4 202555
Q1 202658
Q2 202659
Tier 1 leverage ratio
5.00%6.77%8.54%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20247.02%
Q3 20246.98%
Q4 20246.95%
Q1 20257.09%
Q2 20257.22%
Q3 20257.47%
Q4 20258.13%
Q1 20268.53%
Q2 20268.54%
Noncurrent loans
0.08%0.28%0.48%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.09%
Q3 20240.09%
Q4 20240.09%
Q1 20250.08%
Q2 20250.08%
Q3 20250.08%
Q4 20250.47%
Q1 20260.48%
Q2 20260.47%
Return on assets
0.25%0.61%0.98%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.25%
Q3 20240.27%
Q4 20240.29%
Q1 20250.61%
Q2 20250.58%
Q3 20250.65%
Q4 20250.64%
Q1 20260.92%
Q2 20260.98%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202659$461.9M8.54%0.47%0.98%84.8%
Q1 202658$462.3M8.53%0.48%0.92%85.4%
Q4 202555$481.9M8.13%0.47%0.64%85.7%
Q3 202557$478.2M7.47%0.08%0.65%84.5%
Q2 202555$516.4M7.22%0.08%0.58%86.5%
Q1 202555$512.8M7.09%0.08%0.61%81.9%
Q4 202453$491.0M6.95%0.09%0.29%81.7%
Q3 202453$534.8M6.98%0.09%0.27%80.8%
Q2 202453$509.9M7.02%0.09%0.25%82.0%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio8.54%
7th
Total risk-based capital13.98%
62nd
Problem loans0.47%
47th
Net charge-offs0.00%
68th
Return on assets0.98%
32nd
Net interest margin3.54%
29th
Efficiency ratio74.2%
22nd
Loans to deposits84.8%
38th
Uninsured deposits46.2%
6th
Loan-loss reserves1.17%
47th
Texas ratio4.1%
41st

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
Northview BankBank Sandstone, MN74 out of 100, Strong$469.7M10.8%0.46%vs
American National Bank of MinnesotaBank Baxter, MN65 out of 100, Moderate$473.2M10.8%1.00%vs
Kensington BankBank Kensington, MN69 out of 100, Moderate$446.7M9.9%0.58%vs
Star BankBank Maple Lake, MN46 out of 100, Below average$445.8M9.3%2.07%vs
First National Bank MinnesotaBank Saint Peter, MN64 out of 100, Moderate$437.8M9.8%1.12%vs
First Farmers & Merchants BankBank Cannon Falls, MN77 out of 100, Strong$486.4M10.1%0.01%vs

Deposit insurance

Is my money safe at Sterling State Bank?

Yes. Sterling State Bank is an FDIC-insured institution (FDIC certificate #17863). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 46.2% of deposits ($166.0M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 8.54%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.98% (benchmark: 10%).

Check how much of your own balance is covered

6 locations

Branches

Sterling State Bank lists 6 offices in 5 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Sterling State Bank reported 30 home-loan applications under HMDA (LEI 549300J40Q51KLQJLO73): 25 originated ($5,815,000 total), 3 denied, and 2 withdrawn or closed by the applicant. Its denial rate on decided applications was 10.7%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Sterling State Bank
Former names
Sterling State Bank, Austin, Minnesota
Type
State-chartered bank
FDIC certificate #
17863
RSSD ID
144155
Primary regulator
FDIC
Holding company
Sterling Financial Group Inc
Established
May 1, 1958
Headquarters
1419 1st Ave Sw, Austin, MN 55912
Employees
59

Quick answers

Sterling State Bank: common questions

Is Sterling State Bank FDIC insured?

Yes. Sterling State Bank is an FDIC-insured institution (FDIC certificate #17863). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Sterling State Bank's TellerScore?

59 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Sterling State Bank ever failed?

There is no failure record for FDIC certificate #17863 in the FDIC failed bank list.

How many branches does Sterling State Bank have?

6 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Austin

InstitutionScoreAssetsCapitalProblem loansCompare
Austin City Employees Credit UnionCredit union Austin, MN97 out of 100, Very strong$11.6M19.1%0.00%vs
Mower County Employees Credit UnionCredit union Austin, MN90 out of 100, Very strong$13.4M14.7%0.17%vs
Trades & Labor Federal Credit UnionCredit union Albert Lea, MN85 out of 100, Very strong$23.0M15.3%1.04%vs
Arcadian BankBank Hartland, MN85 out of 100, Very strong$242.1M12.0%0.10%vs
Commerce BankBank Geneva, MN78 out of 100, Strong$220.0M13.9%0.60%vs
Keen Bank, National AssociationBank Waseca, MN76 out of 100, Strong$201.1M8.4%0.06%vs