Posted on May 16, 2013
Sterling Bank and Trust, FSB
1 Towne Square, Suite 1700
Southfield, MI 48076
General Bank Information
FDIC Insured Yes
FDIC Certificate # 32232
Date Established 1984
Sterling Bank and Trust, FSB is an FDIC insured institution located in Southfield, MI. It was founded in 1984 and has approximately $0.86 billion in assets. Customers can open an account via one of its 15 branches.
Sterling Bank and Trust, FSB Financial Size
| Assets | $0.86 billion |
| Loans | $0.76 billion |
| Deposits | $0.72 billion |
| Capital | $0.09 billion |
For a more detailed analysis of Sterling Bank and Trust, FSB's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Bank Loan Profile?
| % Loans |
% Comparison to Other Banks |
|||
| Low | Med | High | ||
| 1-4 Family Residential Loans | 68.37 | ✓ | ||
| Multifamily Mortgages |
7.10 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.00 | ✓ | ||
| Small Business Loans | 3.68 | ✓ | ||
| Construction and Development Loans | 5.20 | ✓ | ||
| Commercial Real Estate | 19.96 | ✓ | ||
| Commercial and Industrial Loans | 0.64 | ✓ | ||
| Farm Loans | 0.00 | ✓ | ||
The top three loan types in Sterling Bank and Trust, FSB’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.
Compared to other banks in Michigan, Sterling Bank and Trust, FSB has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double
categorization of some loan types. All data from the FDIC.
Additional information about this table.
