Sturgis Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	65.15	41.4	20.8	40.01	14.99	39.52
Investment Securities	130.41	103.86	96.51	73.52	85.23	107.98
Total Investments	130.41	103.86	96.51	73.52	85.23	107.98
Gross Loans	763.55	788.94	777.72	749.66	706.58	549.23
Allowance for Loan Losses	-8.44	-9.01	-9.29	-10.2	-7.14	-7.03
Net Loans	755.12	779.92	768.43	739.46	699.44	542.2
Property, Plant & Equipment	18.22	18.66	18.71	19.14	17.43	13.23
Goodwill	5.83	5.83	5.83	5.83	5.83	5.83
Other Intangible Assets	-	-	-	-	-	0.05
Loans Held for Sale	5.26	4.6	3.66	2.26	0.66	7.29
Accrued Interest Receivable	3.6	3.43	3.41	3.1	2.69	1.89
Other Real Estate Owned & Foreclosed	4.07	0.8	0.15	0.13	0.38	-
Other Long-Term Assets	32.31	30.37	29.1	28.73	29.74	25.79
Total Assets	1,030	998.66	956.39	919.47	864.78	751.74
Interest Bearing Deposits	717.47	718.6	656.08	639.04	556.54	438.69
Non-Interest Bearing Deposits	175.45	166.05	157.78	159.9	162.98	145.5
Total Deposits	892.91	884.65	813.86	798.94	719.52	584.19
Accrued Interest Payable	2.17	1.85	2.6	1.65	0.76	0.43
Long-Term Debt	-	-	14.92	14.84	14.76	14.67
Federal Home Loan Bank Debt, Long-Term	56.62	30.68	61.1	40	71	89
Other Long-Term Liabilities	11.26	18.22	8.5	8.28	6.23	11.01
Total Liabilities	962.96	935.41	900.98	863.7	812.26	699.3
Common Stock	2.17	2.17	2.16	2.15	2.14	2.13
Additional Paid-In Capital	8.99	8.87	8.7	8.56	8.39	8.21
Retained Earnings	63.04	59.39	53.4	52.03	48.99	43.82
Comprehensive Income & Other	-7.4	-7.16	-8.85	-6.97	-7	-1.73
Shareholders' Equity	66.8	63.26	55.41	55.77	52.52	52.44
Total Liabilities & Equity	1,030	998.66	956.39	919.47	864.78	751.74
Total Debt	56.62	30.68	76.02	54.84	85.76	103.67
Net Cash (Debt)	8.53	10.72	-55.22	-14.83	-70.77	-63.66
Net Cash Growth	2.21%	-	-	-	-	-
Net Cash Per Share	3.93	4.96	-25.71	-6.92	-33.14	-29.90
Filing Date Shares Outstanding	2.17	2.17	2.16	2.15	2.14	2.13
Total Common Shares Outstanding	2.17	2.17	2.16	2.15	2.14	2.13
Book Value Per Share	30.73	29.17	25.66	25.94	24.55	24.59
Tangible Book Value	60.97	57.42	49.58	49.93	46.68	46.55
Tangible Book Value Per Share	28.05	26.48	22.96	23.22	21.83	21.83