# STERLING FEDERAL BANK FSB
STERLING, IL · FDIC certificate 27664 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 8 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $481.6M | |
| Deposits | $403.4M | |
| Loans and leases | $338.0M | |
| Total equity | $34.9M | |
| Loans / deposits | 81.29% (p48 of band) | 82.04% |
| Liquid assets / assets | 21.37% (p36 of band) | |
| Uninsured deposits / deposits | 8.68% (p3 of band) | 25.97% |
| Brokered deposits | 1.13% | |
| Wholesale funding | 9.44% (p75 of band) | |
| FHLB advances / assets | 8.31% | |
| Tier 1 leverage | 7.67% (p1 of band) | 10.81% |
| Unrealized securities loss / equity | -40.66% (p7 of band) | -8.10% |
| AOCI / equity | -0.56% (p39 of band) | |
| ROA (annualized) | -2.24% (p0 of band) | 1.28% |
| Net interest margin | 3.81% (p45 of band) | 3.91% |
| Efficiency ratio | 82.92% (p91 of band) | |
| Noncurrent loans | 6.26% (p99 of band) | 0.43% |
| Net charge-offs (annualized) | 2.85% (p100 of band) | |
| Reserve coverage of noncurrent | 47.70% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 28.38% (p35 of band) | |
| Auto loans | $264,000 (0.08% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -1.1% | |
| Employees | 97 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | securities losses >30% of equity, losing money, reserve under noncurrent |  |
| 2011-06 | 2 |  | losing money |
| 2011-09 | 3 | losing money |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 | capital falling | securities losses >30% of equity |
| 2012-06 | 2 |  | capital falling |
| 2012-09 | 2 |  |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 3 | expense ratio p90 |  |
| 2013-06 | 3 | capital falling | reserve under noncurrent |
| 2013-09 | 3 | reserve under noncurrent | capital falling |
| 2013-12 | 2 |  | expense ratio p90 |
| 2014-03 | 3 | expense ratio p90 |  |
| 2014-06 | 4 | capital falling |  |
| 2014-09 | 2 |  | expense ratio p90, capital falling |
| 2014-12 | 2 |  |  |
| 2015-03 | 3 | expense ratio p90, noncurrent p90 | losing money |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 4 | losing money |  |
| 2016-03 | 3 | capital falling | noncurrent p90, losing money |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | capital falling |
| 2016-12 | 3 | losing money |  |
| 2017-03 | 4 | capital falling |  |
| 2017-06 | 2 |  | losing money, capital falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | losing money |  |
| 2018-03 | 2 |  | losing money |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | noncurrent p90 |  |
| 2018-12 | 4 | losing money |  |
| 2019-03 | 5 | capital falling |  |
| 2019-06 | 3 |  | noncurrent p90, capital falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 4 | capital falling |  |
| 2020-03 | 4 | uninsured deposits leaving | losing money |
| 2020-06 | 3 |  | uninsured deposits leaving |
| 2020-09 | 3 |  |  |
| 2020-12 | 2 |  | capital falling |
| 2021-03 | 3 | NIM <2.5% |  |
| 2021-06 | 2 |  | NIM <2.5% |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 5 | AOCI drag >20% of equity, securities losses >30% of equity, assets shrinking |  |
| 2022-06 | 5 | uninsured deposits leaving | assets shrinking |
| 2022-09 | 5 | noncurrent p90 | uninsured deposits leaving |
| 2022-12 | 5 |  |  |
| 2023-03 | 6 | losing money, deposits shrinking | AOCI drag >20% of equity |
| 2023-06 | 6 | capital falling, charge-offs p90 | losing money, deposits shrinking |
| 2023-09 | 6 | uninsured deposits leaving | charge-offs p90 |
| 2023-12 | 7 | wholesale funding >15% |  |
| 2024-03 | 7 | losing money | uninsured deposits leaving |
| 2024-06 | 5 |  | expense ratio p90, capital falling |
| 2024-09 | 6 | expense ratio p90 |  |
| 2024-12 | 7 | capital falling |  |
| 2025-03 | 4 | charge-offs p90 | wholesale funding >15%, losing money, expense ratio p90, capital falling |
| 2025-06 | 4 |  |  |
| 2025-09 | 6 | expense ratio p90, assets shrinking |  |
| 2025-12 | 4 |  | expense ratio p90, assets shrinking |
| 2026-03 | 6 | losing money, assets shrinking |  |
| 2026-06 | 8 | capital falling, expense ratio p90 |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2024-10-12 [Property transfers for Lee, Ogle and Whiteside counties for Sept. 28 to Oct. 4 - Shaw Local](https://news.google.com/rss/articles/CBMiwwFBVV95cUxQQ2R5LS12QXNPUlQ0MkVEVlZLbzAzMXhPUlBNRUh3VW56bnJMMUhPZ1dnOElLaGRKN3hhc0dqbmdSMXVtblBjNTdjdzdfX0UxNHJjaGJxRkIxYlhuc2lyMEpUU296aWhnbTZzUnpKd0tnOFE1RzFWVDhpTWJZc01Lc3NRYVNRU0lBV2hUMXZXYjRORmhaem1vOUZRVEtWQkZhZlBsVjNIQ3Z6NlR3Z3d0YTUxWnpmcFhTZWRZUUlMTUo2elU?oc=5) · Shaw Local

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27664 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/16.json (key "27664", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide