Sturgis Bank & Trust Company is a state-chartered bank headquartered in Sturgis, Michigan, in business for about 121 years. At the end of Q2 2026 it reported $1.0B in total assets and $893.0M in deposits, with 17 offices.
Sturgis Bank & Trust Company has a TellerScore of 56 out of 100 (moderate) based on Q2 2026 data — higher than only 15% of its 897 banks with $1 billion – $10 billion. Among 72 banks headquartered in Michigan, it ranks 60th. Problem-loan coverage contributes the most (76/100, 12.0%); capital cushion contributes the least (36/100, 8.63%).
TellerScore · Q2 2026
Scorecard
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 2 points (54 → 56), mostly because the earnings component improved by 9 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 47 |
| Q3 2024 | 47 |
| Q4 2024 | 50 |
| Q1 2025 | 53 |
| Q2 2025 | 54 |
| Q3 2025 | 48 |
| Q4 2025 | 49 |
| Q1 2026 | 49 |
| Q2 2026 | 56 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 7.66% |
| Q3 2024 | 7.71% |
| Q4 2024 | 7.89% |
| Q1 2025 | 7.92% |
| Q2 2025 | 8.00% |
| Q3 2025 | 7.85% |
| Q4 2025 | 8.11% |
| Q1 2026 | 8.05% |
| Q2 2026 | 8.63% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.74% |
| Q3 2024 | 0.81% |
| Q4 2024 | 0.81% |
| Q1 2025 | 0.75% |
| Q2 2025 | 0.72% |
| Q3 2025 | 1.31% |
| Q4 2025 | 1.32% |
| Q1 2026 | 1.28% |
| Q2 2026 | 0.92% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.01% |
| Q3 2024 | 0.28% |
| Q4 2024 | 0.46% |
| Q1 2025 | 0.77% |
| Q2 2025 | 0.81% |
| Q3 2025 | 0.89% |
| Q4 2025 | 0.92% |
| Q1 2026 | 0.90% |
| Q2 2026 | 1.03% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 56 | $1.0B | 8.63% | 0.92% | 1.03% | 85.1% |
| Q1 2026 | 49 | $1.0B | 8.05% | 1.28% | 0.90% | 86.9% |
| Q4 2025 | 49 | $997.9M | 8.11% | 1.32% | 0.92% | 87.9% |
| Q3 2025 | 48 | $998.3M | 7.85% | 1.31% | 0.89% | 87.9% |
| Q2 2025 | 54 | $984.2M | 8.00% | 0.72% | 0.81% | 88.5% |
| Q1 2025 | 53 | $958.4M | 7.92% | 0.75% | 0.77% | 91.0% |
| Q4 2024 | 50 | $955.6M | 7.89% | 0.81% | 0.46% | 94.9% |
| Q3 2024 | 47 | $947.4M | 7.71% | 0.81% | 0.28% | 93.5% |
| Q2 2024 | 47 | $941.8M | 7.66% | 0.74% | 0.01% | 94.3% |
897 peers · $1 billion – $10 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).
Similar-size banks in Michigan
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Superior National BankBank Hancock, MI | 73 out of 100, Strong | $1.0B | 11.7% | 0.65% | vs |
| United Bank of MichiganBank Grand Rapids, MI | 74 out of 100, Strong | $1.1B | 10.6% | 0.06% | vs |
| Northstar BankBank Bad Axe, MI | 59 out of 100, Moderate | $1.2B | 9.1% | 0.80% | vs |
| West Michigan Community BankBank Hudsonville, MI | 53 out of 100, Below average | $1.2B | 9.2% | 1.40% | vs |
| University BankBank Ann Arbor, MI | 60 out of 100, Moderate | $1.2B | 10.1% | 0.41% | vs |
| First State BankBank Eastpointe, MI | 63 out of 100, Moderate | $1.3B | 10.0% | 0.81% | vs |
Deposit insurance
Is my money safe at Sturgis Bank & Trust Company?
Yes. Sturgis Bank & Trust Company is an FDIC-insured institution (FDIC certificate #28593). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 35.3% of deposits ($315.5M) are above the $250,000 FDIC insurance limit, above the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 8.63%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.34% (benchmark: 10%).
17 locations
Branches
Sturgis Bank & Trust Company lists 16 offices in 13 cities. Most locations:
- Portage, MI (2)
- Saint Joseph, MI (2)
- South Haven, MI (2)
- Bangor, MI (1)
- Bronson, MI (1)
- Centreville, MI (1)
- Climax, MI (1)
- Colon, MI (1)
- Marshall, MI (1)
- Niles, MI (1)
- Sturgis, MI (1)
- Three Rivers, MI (1)
HMDA 2025
Mortgage lending
In 2025, Sturgis Bank & Trust Company reported 875 home-loan applications under HMDA (LEI 5493001ZYMBN3CK8LJ82): 735 originated ($146,455,000 total), 29 denied, and 12 withdrawn or closed by the applicant. Its denial rate on decided applications was 3.4%, 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
- Sturgis Bank & Trust Company
- Former names
- Sturgis Federal Savings Bank; Sturgis Bank & Trust company, FSB; Sturgis Savings and Loan Association; Sturgis Bank & Trust Company, FSB
- Type
- State-chartered bank
- FDIC certificate #
- 28593
- RSSD ID
- 366078
- Primary regulator
- FDIC
- Holding company
- Sturgis Bcorp Inc
- Established
- January 1, 1905
- Headquarters
- 113 E Chicago Rd, Sturgis, MI 49091
- Website
- www.sturgis.bank
- Employees
- 204
Quick answers
Sturgis Bank & Trust Company: common questions
Is Sturgis Bank & Trust Company FDIC insured?
Yes. Sturgis Bank & Trust Company is an FDIC-insured institution (FDIC certificate #28593). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Sturgis Bank & Trust Company's TellerScore?
56 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 Sturgis Bank & Trust Company ever failed?
There is no failure record for FDIC certificate #28593 in the FDIC failed bank list.
How many branches does Sturgis Bank & Trust Company have?
17 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Sturgis
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Omni Community Credit UnionCredit union Battle Creek, MI | 90 out of 100, Very strong | $662.0M | 16.3% | 0.75% | vs |
| Kellogg Community Credit UnionCredit union Battle Creek, MI | 88 out of 100, Very strong | $1.0B | 16.7% | 0.41% | vs |
| Chiphone Federal Credit UnionCredit union Elkhart, IN | 87 out of 100, Very strong | $111.8M | 16.4% | 0.38% | vs |
| Century Bank and TrustBank Coldwater, MI | 86 out of 100, Very strong | $494.0M | 14.6% | 0.66% | vs |
| Farmers State BankBank Lagrange, IN | 78 out of 100, Strong | $1.3B | 10.8% | 0.02% | vs |
| Marshall Community Credit UnionCredit union Marshall, MI | 78 out of 100, Strong | $371.8M | 17.2% | 2.08% | vs |