Sterling Bank And Trust Fsb Mortgage Rates, Fees & Info

Southfield, MI

LEI: 549300ZEHLZ064G58146

Tax ID: 38-2524834

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Bank Data

Review & Overview

Sterling Bank And Trust Fsb is a small bank specializing in Home Purchase loans. Sterling Bank And Trust Fsb has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, San Francisco, Riverside, New York, and San Jose among others. We have data for 51 markets. (Some data included below & more in-depth data is available with an active subscription.)

Sterling Bank And Trust Fsb has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Sterling Bank And Trust Fsb is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 7.14% 3/25/24
30 Year Conventional Refi 7.28% 3/25/24
30 Year Cash-out Refi 7.02% 3/25/24
30 Year FHA Purchase 6.27% 3/25/24
30 Year VA Purchase 6.27% 3/25/24
15 Year Conventional Purchase 6.44% 3/25/24
15 Year Conventional Refi 5.86% 3/25/24
15 Year Cash-out Refi 5.86% 3/25/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Sterling Bank And Trust Fsb Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Sterling Bank And Trust Fsb. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

2,231

Origination Dollar Volume (All Markets)

$1,313,985,000

Employee count

352

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 656 $453,620,000 $691,494 $9,169 5.23%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 648 $426,840,000 $658,704 $8,899 5.14%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 401 $143,925,000 $358,915 $6,092 5.30%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 256 $129,200,000 $504,688 $8,539 5.13%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 125 $108,915,000 $871,320 $10,327 5.28%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 20 $12,740,000 $637,000 $9,688 5.26%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 28 $7,720,000 $275,714 $4,787 5.36%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 12 $5,730,000 $477,500 $6,621 5.18%
VALLEJO, CA (FHA|USDA|VA) 9 $3,925,000 $436,111 $6,288 5.51%
SALINAS, CA (FHA|USDA|VA) 2 $3,400,000 $1,700,000 $17,431 5.19%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 5 $2,605,000 $521,000 $13,516 5.40%
STOCKTON, CA (FHA|USDA|VA) 5 $1,435,000 $287,000 $5,041 5.28%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $1,315,000 $438,333 $6,960 5.71%
MODESTO, CA (FHA|USDA|VA) 4 $1,290,000 $322,500 $6,058 5.44%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $920,000 $460,000 $7,031 4.88%
NAPA, CA (FHA|USDA|VA) 3 $825,000 $275,000 $5,751 5.25%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $690,000 $345,000 $5,358 5.13%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 5 $615,000 $123,000 $4,785 5.08%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $600,000 $150,000 $5,535 5.25%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 4 $590,000 $147,500 $4,465 5.44%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $535,000 $178,333 $4,907 5.29%
MERCED, CA (FHA|USDA|VA) 2 $510,000 $255,000 $0 5.56%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $470,000 $235,000 $0 5.44%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $375,000 $375,000 $5,743 5.38%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $360,000 $180,000 $0 5.13%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $325,000 $325,000 $6,501 4.25%
RICHMOND, VA (FHA|USDA|VA) 1 $275,000 $275,000 $5,814 5.38%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $255,000 $255,000 $4,448 5.13%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $250,000 $125,000 $3,947 5.13%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $245,000 $245,000 $3,868 4.75%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $235,000 $235,000 $5,921 5.13%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $225,000 $225,000 $5,560 5.13%
ASHEVILLE, NC (FHA|USDA|VA) 1 $215,000 $215,000 $4,633 5.13%
FLINT, MI (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.13%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $205,000 $205,000 $4,641 5.13%
FRESNO, CA (FHA|USDA|VA) 1 $195,000 $195,000 $3,942 5.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $195,000 $195,000 $4,324 5.13%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $185,000 $185,000 $4,033 5.13%
Klamath Falls, OR (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $165,000 $165,000 $3,584 5.13%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $165,000 $165,000 $4,232 5.38%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $155,000 $155,000 $4,071 5.38%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.13%
COLUMBUS, OH (FHA|USDA|VA) 1 $145,000 $145,000 $4,111 5.13%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $145,000 $145,000 $4,405 5.13%
ANN ARBOR, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,871 4.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,843 4.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,859 5.50%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $125,000 $125,000 $3,971 4.63%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $125,000 $125,000 $4,645 4.75%
LYNCHBURG, VA (FHA|USDA|VA) 1 $95,000 $95,000 $3,306 5.63%
Sterling Bank And Trust Fsb's top markets include Los Angeles, San Francisco, Riverside, New York, and San Jose among others.

Their top states include:
  • California (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Sterling Bank and Trust FSB based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,231 $1,313,985,000 $588,967 $8,374 5.21%

    For 2018, Sterling Bank And Trust Fsb's most frequently originated type of loan was Conventional, with 2,231 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,935 $1,136,135,000 $587,150 $8,579 5.22%
    Refi 118 $66,600,000 $564,407 $6,735 4.90%
    Cash Out Refi 103 $66,765,000 $648,204 $6,617 5.35%
    Other 55 $33,015,000 $600,273 $7,186 5.30%
    Home Improvement 20 $11,470,000 $573,500 $7,878 5.43%

    For 2018, Sterling Bank And Trust Fsb's most frequently cited loan purpose was Home Purchase, with 1,935 originations. The 2nd most popular reason was Refi, with 118 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,206 $1,305,030,000 $591,582 $8,418 5.22%
    15 Year 18 $6,610,000 $367,222 $3,460 3.97%
    20 Year 4 $1,030,000 $257,500 $3,294 4.53%
    1 Year 2 $1,130,000 $565,000 $0 6.88%
    10 Year 1 $185,000 $185,000 $0 4.25%

    For 2018, Sterling Bank And Trust Fsb's most frequently cited loan duration was 30 Year, with 2,206 originations. The 2nd most popular length was 15 Year, with 18 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,014 $803,730,000 $792,633
    $4k-5k 368 $136,960,000 $372,174
    $3k-4k 229 $81,865,000 $357,489
    $2k-3k 169 $67,625,000 $400,148
    $1k-2k 127 $46,915,000 $369,409
    $<1k 1 $185,000 $185,000

    Sterling Bank And Trust Fsb's average total fees were $8,418, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,014 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 1,428 $829,810,000 $581,099
    4-5% 727 $421,825,000 $580,227
    3-4% 45 $26,245,000 $583,222
    6-7% 18 $12,340,000 $685,556
    7-8% 2 $1,480,000 $740,000

    During 2018, Sterling Bank And Trust Fsb's average interest rate for loans was 5.22%, while their most frequently originated rate bucket for loans was 5-6%, with 1,428 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 792 $248,190,000 $313,371 $5,875 5.22%
    $400k-600k 628 $306,150,000 $487,500 $7,329 5.22%
    $600k-1MM 474 $359,790,000 $759,051 $9,882 5.19%
    $1MM+ 243 $385,205,000 $1,585,206 $17,010 5.22%
    $100k-200k 92 $14,490,000 $157,500 $4,444 5.13%
    $100,000 or less 2 $160,000 $80,000 $3,166 5.31%

    2018 saw Sterling Bank And Trust Fsb place emphasis on $200k-400k loans with 792 originations, totaling $248,190,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 688 $280,350,000 $407,485 $6,735 5.24%
    $150k-250k 608 $348,980,000 $573,980 $8,469 5.20%
    $250k+ 508 $545,310,000 $1,073,445 $13,250 5.21%
    $75k-100k 292 $89,270,000 $305,719 $5,687 5.20%
    $50k-75k 101 $22,435,000 $222,129 $4,838 5.16%
    $50k or less 24 $5,690,000 $237,083 $4,904 4.95%

    Sterling Bank And Trust Fsb lent most frequently to those with incomes in the $100k-150k range, with 688 originations. The second most popular income band? $150k-250k, with 608 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 511 $280,925,000 $549,755 $7,943 5.23%
    20-30% 314 $169,250,000 $539,013 $8,035 5.18%
    39% 162 $106,480,000 $657,284 $8,880 5.32%
    40% 159 $102,645,000 $645,566 $8,848 5.23%
    38% 153 $93,395,000 $610,425 $8,344 5.25%
    41% 142 $93,280,000 $656,901 $9,145 5.24%
    <20% 137 $67,085,000 $489,672 $7,149 5.28%
    37% 133 $79,485,000 $597,632 $8,779 5.25%
    42% 125 $79,165,000 $633,320 $8,969 5.13%
    36% 114 $67,870,000 $595,351 $8,852 5.23%
    44% 105 $56,625,000 $539,286 $8,091 5.21%
    43% 102 $62,640,000 $614,118 $8,664 5.19%
    49% 14 $5,180,000 $370,000 $6,243 4.58%
    47% 13 $8,495,000 $653,462 $9,748 4.71%
    46% 13 $7,765,000 $597,308 $10,306 4.56%
    45% 12 $5,910,000 $492,500 $6,926 4.68%
    48% 8 $4,210,000 $526,250 $7,629 4.47%
    50-60% 2 $780,000 $390,000 $10,391 5.00%
    >60% 2 $850,000 $425,000 $10,448 4.69%

    Sterling Bank And Trust Fsb lent most frequently to those with DTI ratios of 30-36%, with 511 originations. The next most common DTI ratio? 20-30%, with 314 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 2,049 $1,181,915,000 $576,825 $8,241 5.25%
    White 152 $99,740,000 $656,184 $10,196 4.69%
    Not applicable 10 $21,950,000 $2,195,000 $0 0.00%
    Not provided 14 $7,470,000 $533,571 $9,022 4.54%
    Black 3 $1,505,000 $501,667 $8,797 4.83%
    American Indian 3 $1,405,000 $468,333 $10,490 4.67%

    Approval Rates

    Total approvals of all applications
    97.33%

    Sterling Bank And Trust Fsb has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    76.74%

    Sterling Bank And Trust Fsb has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,231 $1,313,985,000 $588,967

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $24,430,000 $2,443,000
    Single Family (1-4 Units):Site-Built 2,221 $1,289,555,000 $580,619

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 123 $50,235,000 $408,415 $6,205 5.02%
    40-60% 488 $288,990,000 $592,193 $8,228 5.23%
    60-80% 1,581 $955,335,000 $604,260 $8,572 5.24%
    80-100% 29 $16,965,000 $585,000 $10,290 4.37%
    Under 20% 10 $2,460,000 $246,000 $3,498 4.44%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    STERLING BANCORP Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 13.3%
    STERLING BANCORP Conventional home mortgage Closing on a mortgage 2 13.3%
    STERLING BANCORP Conventional home mortgage Struggling to pay mortgage 5 33.3%
    STERLING BANCORP Conventional home mortgage Trouble during payment process 2 13.3%
    STERLING BANCORP FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 6.7%
    STERLING BANCORP Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 6.7%
    STERLING BANCORP Other type of mortgage Struggling to pay mortgage 1 6.7%
    STERLING BANCORP Other type of mortgage Trouble during payment process 1 6.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Sterling Bank and Trust, FSB 10191 S De Anza Blvd Cupertino, CA 95014 Full Service B&M $31,395
    Sterling Bank and Trust, FSB 1104 4th Street San Rafael, CA 94901 Full Service B&M $27,778
    Sterling Bank and Trust, FSB 1122 Taraval St San Francisco, CA 94116 Full Service B&M $94,770
    Sterling Bank and Trust, FSB 1130 S. Baldwin Avenue #6 Arcadia, CA 91007 Full Service B&M $131,849
    Sterling Bank and Trust, FSB 115 West Portal Avenue San Francisco, CA 94127 Full Service B&M $55,159
    Sterling Bank and Trust, FSB 1210 Broadway Burlingame, CA 94010 Full Service B&M $140,747
    Sterling Bank and Trust, FSB 1239 Noriega Street San Francisco, CA 94122 Full Service B&M $40,981
    Sterling Bank and Trust, FSB 136-33 37th Avenue Unit 3c Flushing, NY 11354 Full Service B&M $5,462
    Sterling Bank and Trust, FSB 15 East 4th Street San Mateo, CA 94401 Full Service B&M $52,471
    Sterling Bank and Trust, FSB 1900 Fillmore Street San Francisco, CA 94115 Full Service B&M $34,666
    Sterling Bank and Trust, FSB 19220 Colima Road La Puente, CA 91748 Full Service B&M $120,213
    Sterling Bank and Trust, FSB 2045 Van Ness Avenue San Francisco, CA 94109 Full Service B&M $126,780
    Sterling Bank and Trust, FSB 2122 Market Street San Francisco, CA 94114 Full Service B&M $57,119
    Sterling Bank and Trust, FSB 2501 Irving Street San Francisco, CA 94122 Full Service B&M $218,897
    Sterling Bank and Trust, FSB 2555 San Bruno Avenue San Francisco, CA 94134 Full Service B&M $69,209
    Sterling Bank and Trust, FSB 2911 Chino Hills Unit F-1 Chino Hills, CA 91709 Full Service B&M $3,964
    Sterling Bank and Trust, FSB 3800 24th Street San Francisco, CA 94114 Full Service B&M $101,523
    Sterling Bank and Trust, FSB 3899b Paseo Padre Parkway Fremont, CA 94538 Full Service B&M $17,124
    Sterling Bank and Trust, FSB 400 Montgomery St, Ste 100 San Francisco, CA 94104 Full Service B&M $111,774
    Sterling Bank and Trust, FSB 4250 Barranca Parkway, Suite S Irvine, CA 92604 Full Service B&M $72,619
    Sterling Bank and Trust, FSB 440 Westlake Center Dr Daly City, CA 94015 Full Service B&M $81,735
    Sterling Bank and Trust, FSB 4627 Mission St San Francisco, CA 94112 Full Service B&M $61,889
    Sterling Bank and Trust, FSB 5498 Geary Boulevard San Francisco, CA 94121 Full Service B&M $149,528
    Sterling Bank and Trust, FSB 711 West Valley Blvd, Ste 100 Alhambra, CA 91803 Full Service B&M $320,160
    Sterling Bank and Trust, FSB 735 Webster Street Oakland, CA 94607 Full Service B&M $27,679
    Sterling Bank and Trust, FSB 774 55th Street Brooklyn, NY 11220 Full Service B&M $156
    Sterling Bank and Trust, FSB 825 Irving Street San Francisco, CA 94122 Full Service B&M $111,647
    Sterling Bank and Trust, FSB One Towne Square, Suite 1900 Southfield, MI 48076 Full Service B&M $201,167

    For 2018, Sterling Bank And Trust Fsb had 28 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $161,062
    Net interest income $124,080
    Total noninterest income $22,275
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $253
    Trading account gains and fees $0
    Additional Noninterest Income $22,022
    Pre-tax net operating income $94,223
    Securities gains (or losses, -) $-1
    Income before extraordinary items $67,932
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $67,932
    Minority interest net income $0
    Net income $67,932
    Sale, conversion, retirement of capital stock, net $297
    Net operating income $67,932

    Sterling Bank And Trust Fsb's gross interest income from loans was $161,062,000.
    Sterling Bank And Trust Fsb's net interest income from loans was $124,080,000.
    Sterling Bank And Trust Fsb's fee based income from loans was $253,000.
    Sterling Bank And Trust Fsb's net income from loans was $67,932,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $36,982
    Provision for credit losses $3,229
    Total noninterest expense $48,903
    Salaries and employee benefits $27,737
    Premises and equipment expense $7,173
    Additional noninterest expense $13,993
    Applicable income taxes $26,290
    Net charge-offs $-164
    Cash dividends $6,119

    Sterling Bank And Trust Fsb's interest expense for loans was $36,982,000.
    Sterling Bank And Trust Fsb's payroll and benefits expense were $27,737,000.
    Sterling Bank And Trust Fsb's property, plant and equipment expenses $7,173,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $2,576,443
    Deposits held in domestic offices $2,576,443
    Deposits by Individuals, partnerships, and corporations $2,542,165
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $495
    Deposits by Commercial banks and other depository institutions in U.S. $33,783
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $369,896
    Demand deposits $174,130
    Nontransaction accounts $2,206,547
    Money market deposit accounts (MMDAs) $1,298,673
    Other savings deposits (excluding MMDAs) $13,595
    Total time deposits $894,279
    Total time and savings deposits $2,402,313
    Noninterest-bearing deposits $200,574
    Interest-bearing deposits $2,375,869
    Retail deposits $2,362,555
    IRAs and Keogh plan accounts $38,364
    Brokered deposits $33,750
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,198,235
    Cash & Balances due from depository institutions $53,012
    Interest-bearing balances $40,153
    Total securities $148,651
    Federal funds sold & reverse repurchase $680
    Net loans and leases $2,898,766
    Loan and leases loss allowance $21,850
    Trading account assets $0
    Bank premises and fixed assets $9,370
    Other real estate owned $0
    Goodwill and other intangibles $11,083
    All other assets $76,673

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,198,235
    Total Liabilities $2,894,739
    Total deposits $2,576,443
    Interest-bearing deposits $2,375,869
    Deposits held in domestic offices $2,576,443
    % insured (estimated) $69
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $293,000
    Subordinated debt $0
    All other liabilities $25,296

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,898,766
    Loan and leases loss allowance $21,850
    Total loans and leases (domestic) $2,920,616
    All real estate loans $2,916,330
    Real estate loans in domestic offices $2,916,330
    Construction and development loans $177,911
    Residential 1-4 family construction $94,434
    Other construction, all land development and other land $83,477
    Loans secured by nonfarm nonresidential properties $182,622
    Nonfarm nonresidential secured by owner-occupied properties $2,796
    Commercial real estate & other non-farm, non-residential $179,826
    Multifamily residential real estate $64,753
    1-4 family residential loans $2,491,044
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $4,252
    To non-U.S. addressees $0
    Loans to individuals $26
    Credit card loans $0
    Related Plans $26
    Consumer Auto Loans $0
    Other loans to individuals $0
    All other loans & leases $9
    Loans to foreign governments and official institutions $0
    Other loans $9
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $5,607
    Non 1-4 family restructured loans & leases $5,538
    Total loans and leases (foreign) $0

    Sterling Bank and Trust FSB had $2,898,766,000 of loans outstanding in 2018. $2,916,330,000 of loans were in real estate loans. $177,911,000 of loans were in development loans. $64,753,000 of loans were in multifamily mortgage loans. $2,491,044,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 22 $7,213 $327,864
    Nonfarm, nonresidential loans - $100-250k 5 $632 $126,400
    Nonfarm, nonresidential loans - $250k-1MM 17 $6,581 $387,118
    Commercial & Industrial, US addressed loans - <$1MM 10 $933 $93,300
    Commercial & Industrial, US addressed loans - <$100k 7 $238 $34,000
    Commercial & Industrial, US addressed loans - $100-250k 1 $176 $176,000
    Commercial & Industrial, US addressed loans - $250k-1MM 2 $519 $259,500