Sturgis Bancorp Balance Sheet Health
Financial Health criteria checks 4/6
Sturgis Bancorp has total assets of $942.4M and total equity of $53.5M. Total deposits are $800.4M, and total loans are $752.8M.
Key information
17.6x
Asset to equity ratio
3.5%
Net interest margin
| Total deposits | US$800.39m |
| Loan to deposit ratio | Appropriate |
| Bad loans | n/a |
| Allowance for bad loans | n/a |
| Current ratio | Low |
| Cash & equivalents | US$21.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: STBI's Assets to Equity ratio (17.6x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if STBI has a sufficient allowance for bad loans.
Low Risk Liabilities: 90% of STBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: STBI has an appropriate level of Loans to Assets ratio (80%).
Low Risk Deposits: STBI's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: Insufficient data to determine if STBI has an appropriate level of bad loans.