# STERLING BANK&TRUST FSB
SOUTHFIELD, MI · FDIC certificate 32232 · asset band $1-10B · latest filing 2025-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 1 (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 | $2.30B | |
| Deposits | $1.98B | |
| Loans and leases | $740.9M | |
| Total equity | $292.4M | |
| Loans / deposits | 36.31% (p3 of band) | 85.96% |
| Liquid assets / assets | 64.77% (p98 of band) | |
| Uninsured deposits / deposits | 22.60% (p26 of band) | 29.94% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p5 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.09% (p80 of band) | 10.21% |
| Unrealized securities loss / equity | -6.92% (p67 of band) | -11.76% |
| AOCI / equity | 0.71% (p40 of band) | |
| ROA (annualized) | -6.29% (p0 of band) | 1.01% |
| Net interest margin | 2.85% (p23 of band) | 3.38% |
| Efficiency ratio | 0.00% (p1 of band) | |
| Noncurrent loans | 1.35% (p85 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p26 of band) | |
| Reserve coverage of noncurrent | 210.50% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 0.55% (p5 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | -1.8% | |
| Employees | 219 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, liquid assets <10%, reserve under noncurrent |  |
| 2011-06 | 2 |  | loans exceed deposits |
| 2011-09 | 1 |  | liquid assets <10% |
| 2011-12 | 3 | liquid assets <10%, capital falling |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 1 |  | reserve under noncurrent, capital falling |
| 2012-09 | 2 | loans exceed deposits |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 2 |  |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 2 |  |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | capital falling |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 3 | wholesale funding >15% | capital falling |
| 2015-06 | 3 |  |  |
| 2015-09 | 4 | capital falling |  |
| 2015-12 | 4 |  |  |
| 2016-03 | 3 |  | capital falling |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 4 | capital falling |  |
| 2017-03 | 3 |  | wholesale funding >15% |
| 2017-06 | 4 | wholesale funding >15% |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 3 |  | wholesale funding >15% |
| 2018-06 | 2 |  | capital falling |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | losing money, uninsured deposits leaving | liquid assets <10% |
| 2020-06 | 3 | noncurrent p90, reserve under noncurrent | loans exceed deposits, losing money |
| 2020-09 | 3 | capital falling | uninsured deposits leaving |
| 2020-12 | 4 | losing money |  |
| 2021-03 | 2 |  | capital falling, losing money |
| 2021-06 | 5 | expense ratio p90, deposits shrinking, assets shrinking |  |
| 2021-09 | 5 | uninsured deposits leaving | expense ratio p90 |
| 2021-12 | 6 | charge-offs p90 |  |
| 2022-03 | 4 |  | reserve under noncurrent, charge-offs p90 |
| 2022-06 | 6 | expense ratio p90, reserve under noncurrent |  |
| 2022-09 | 4 |  | uninsured deposits leaving, reserve under noncurrent |
| 2022-12 | 4 |  |  |
| 2023-03 | 5 | charge-offs p90 |  |
| 2023-06 | 3 | capital falling | noncurrent p90, deposits shrinking, assets shrinking |
| 2023-09 | 2 |  | capital falling |
| 2023-12 | 2 |  |  |
| 2024-03 | 1 |  | charge-offs p90 |
| 2024-06 | 3 | deposits shrinking, assets shrinking |  |
| 2024-09 | 2 | NIM <2.5% | deposits shrinking, assets shrinking |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 | losing money | expense ratio p90, NIM <2.5% |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=32232 (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/40.json (key "32232", 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