Sterling Bank and Trust, FSB

Details Sterling Bank and Trust, FSB Sterling Bank and Trust, FSB

www.sterlingbank.com

Michigan

Oakland

Southfield

(SA) Savings associations, state or federal charter

active

32232

1984

FDIC Certificate Number: 32232
FDIC's unique number: 45066
The FDIC Field Office where an institution is physically located: Detroit

Federal Reserve ID Number: 979375
Report Date: 2011-06-30

Bank Charter Class: SA
OCC Charter Number: 708E3

Number of Domestic Offices: 15
Number of Foreign Offices: 0
The date of the last data update: 2011-07-21

1984-04-18 Institution established. Original name: Sterling Savings And Loan Association.
1986-02-28 Moved bank headquarters from Pontiac, Michigan to Royal Oak, Michigan.
1988-02-29 Changed name to Sterling Savings Bank .
1989-04-30 Changed organization type to Stock Savings Bank.
1989-04-30 Changed name to Sterling Savings Bank, Fsb .
1992-07-24 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1992-09-17 Changed name to Sterling Bank And Trust, Fsb .
1993-07-23 Acquired First Newport Federal Savings Bank in Newport Beach, California as part of a government assisted transaction.
1999-09-30 Changed trust powers from Full Trust Powers Granted to Trust Powers Terminated.
2011-07-21 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.

Total assets: $730,989,000
Total deposits: $619,933,000
Deposits held in domestic offices: $619,933,000
Equity capital: $82,792,000

Net income: $2,437,000

Return on Assets: 0.67
Return on Equity: 6.04
Last updated on: 2011-10-20

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