Sturgis, MI · Cert 28593 · Sturgis Bcorp Inc.
State charter, non-member · FDIC · 17 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
27
Asset Quality
54
Profitability
50
Liquidity
92
Efficiency
14
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Sturgis, MI · Cert 28593 · Sturgis Bcorp Inc.
State charter, non-member · FDIC · 17 branches
Q2 2026
Market Position · Niles, MI · 2026 SOD (annual) · 11.9% share · #4 of 8 inst. · $0.3B of $2.2B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.28% | 0.46% | 0.77% | 0.81% | 0.89% | 0.92% | 0.90% | 1.03% | +22 bps | |
| Return on Equity | 3.80% | 6.25% | 10.45% | 10.98% | 11.98% | 12.25% | 11.61% | 12.99% | +202 bps | |
| Net Interest Margin | 3.02% | 3.07% | 3.34% | 3.40% | 3.31% | 3.39% | 3.53% | 3.59% | +18 bps | |
| Efficiency Ratio | 75.18% | 74.95% | 79.09% | 76.67% | 74.76% | 74.94% | 73.69% | 73.48% | -319 bps | |
| Non-Interest Burden | 2.00% | 2.03% | 2.45% | 2.39% | 2.24% | 2.30% | 2.35% | 2.40% | 0 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.56% | 4.00% | 3.65% | 4.50% | 5.36% | 4.42% | 5.81% | 4.55% | +5 bps | |
| Loan Growth (YoY) | 2.56% | 3.92% | 2.50% | 3.40% | 3.98% | 1.56% | 2.98% | -2.77% | -617 bps | |
| Deposit Growth (YoY) | -0.07% | 1.83% | 4.33% | 10.22% | 10.59% | 9.71% | 7.82% | 1.19% | -903 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.81% | 0.81% | 0.75% | 0.72% | 1.31% | 1.32% | 1.28% | 0.92% | +19 bps | |
| Net Charge-Offs / Loans | 0.95% | 0.70% | -0.01% | 0.00% | -0.02% | -0.01% | 0.01% | 0.00% | +1 bps | |
| Allowance / Loans | 1.24% | 1.19% | 1.17% | 1.17% | 1.16% | 1.14% | 1.14% | 1.10% | -7 bps | |
| Allowance Coverage of NPLs | 1.5x | 1.5x | 1.6x | 1.6x | 0.9x | 0.9x | 0.9x | 1.2x | -0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.71% | 7.89% | 7.92% | 8.00% | 7.85% | 8.11% | 8.05% | 8.63% | +63 bps | |
| Total Risk-Based Capital | 12.26% | 12.32% | 12.56% | 12.37% | 12.54% | 12.69% | 12.70% | 13.34% | +96 bps | |
| Equity / Assets | 7.35% | 7.28% | 7.46% | 7.38% | 7.55% | 7.77% | 7.78% | 8.15% | +77 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.63% | 96.00% | 92.06% | 89.60% | 88.98% | 88.87% | 87.93% | 86.09% | -350 bps | |
| Liquid Assets / Assets | 3.26% | 3.09% | 3.70% | 4.48% | 5.25% | 4.93% | 6.04% | 6.97% | +248 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 328% | 320% | 318% | n/a | n/a | |
Sturgis, MI · Cert 28593 · Peer group: banks $1B-$10B in assets (n=322-328) · Sturgis Bcorp Inc.
State charter, non-member · FDIC · 17 branches
Q2 2026
Return on Assets
1.01%
Rank 224 of 328
Net Interest Margin
3.59%
Rank 130 of 328
Efficiency Ratio
73.48%
Rank 283 of 328
Equity / Assets
8.15%
Rank 303 of 328
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.01% | 0.91% | 1.22% | 1.52% | Beats 32% | 224 / 328 | ||
| Return on Equity | 12.41% | 8.43% | 11.45% | 14.43% | Beats 57% | 141 / 328 | ||
| Net Interest Margin | 3.59% | 3.03% | 3.45% | 3.83% | Beats 60% | 130 / 328 | ||
| Efficiency Ratio | 73.48% | 51.61% | 59.56% | 67.53% | Beats 14% | 283 / 328 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.92% | 0.24% | 0.51% | 1.03% | Beats 28% | 233 / 322 | ||
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.03% | 0.10% | Beats 80% | 64 / 322 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 12.11% | 11.75% | 13.15% | 15.47% | Beats 33% | 219 / 328 | ||
| Total Risk-Based Capital Ratio | 13.34% | 12.63% | 14.15% | 16.46% | Beats 39% | 201 / 328 | ||
| Equity / Assets | 8.15% | 9.15% | 10.33% | 12.01% | Beats 8% | 303 / 328 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 86.09% | 76.63% | 87.92% | 95.36% | 46th pctl | 173 / 323 | ||
| Loans / Assets | 74.72% | 65.18% | 74.15% | 79.98% | 52nd pctl | 156 / 328 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||