Sterling Bank And Trust Fsb Mortgage Rates, Fees & Info

Southfield, MI

LEI: 549300ZEHLZ064G58146

Tax ID: 38-2524834

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Sterling Bank And Trust Fsb is a smaller bank specializing in Refi and Home Purchase loans. Sterling Bank And Trust Fsb has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Los Angeles, New York, San Jose, and Detroit among others. We have data for 34 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 an average 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 about average 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.14% 4/18/24
    30 Year Conventional Refi 7.28% 4/18/24
    30 Year Cash-out Refi 7.02% 4/18/24
    30 Year FHA Purchase 6.27% 4/18/24
    30 Year VA Purchase 6.27% 4/18/24
    15 Year Conventional Purchase 6.44% 4/18/24
    15 Year Conventional Refi 5.86% 4/18/24
    15 Year Cash-out Refi 5.86% 4/18/24
    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

    554

    Origination Dollar Volume (All Markets)

    $295,710,000

    Employee count

    290

    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
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 291 $167,225,000 $574,656 $6,144 3.29%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 121 $70,525,000 $582,851 $5,777 3.39%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 20 $20,790,000 $1,039,500 $5,056 3.45%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 14 $6,840,000 $488,571 $2,435 2.99%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 26 $5,260,000 $202,308 $2,227 2.92%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 17 $4,765,000 $280,294 $2,871 3.21%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 9 $3,555,000 $395,000 $3,886 3.18%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 9 $2,405,000 $267,222 $3,125 3.43%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $2,245,000 $2,245,000 $30,737 3.50%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $1,420,000 $355,000 $3,429 2.94%
    VALLEJO, CA (FHA|USDA|VA) 3 $1,135,000 $378,333 $3,099 3.58%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 3 $1,035,000 $345,000 $8,227 3.46%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,015,000 $338,333 $3,519 2.71%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $870,000 $217,500 $2,923 3.38%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $860,000 $215,000 $3,009 3.47%
    ANN ARBOR, MI (FHA|USDA|VA) 3 $575,000 $191,667 $2,625 2.96%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $575,000 $575,000 $5,802 3.75%
    MODESTO, CA (FHA|USDA|VA) 2 $550,000 $275,000 $2,657 3.25%
    Outside of Metro Areas 2 $530,000 $265,000 $2,765 3.56%
    STOCKTON, CA (FHA|USDA|VA) 1 $445,000 $445,000 $0 3.50%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $430,000 $215,000 $4,079 3.50%
    SALINAS, CA (FHA|USDA|VA) 1 $325,000 $325,000 $0 3.38%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $310,000 $155,000 $0 3.88%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $295,000 $295,000 $0 3.25%
    FRESNO, CA (FHA|USDA|VA) 1 $265,000 $265,000 $3,438 3.63%
    MONROE, MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,679 2.50%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $205,000 $205,000 $2,313 2.88%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $205,000 $205,000 $2,452 2.75%
    Holland, MI (FHA|USDA|VA) 1 $185,000 $185,000 $2,149 2.50%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $165,000 $165,000 $4,118 2.88%
    Fernley, NV (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.88%
    FLINT, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,367 2.38%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.25%
    Sterling Bank And Trust Fsb's top markets include San Francisco, Los Angeles, New York, San Jose, and Detroit among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Georgia (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.

    The First National Bank of Long Island
    Similarity Rank: 134
    North Jersey Federal Credit Union
    Similarity Rank: 247
    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 330
    Chaffey Federal Credit Union
    Similarity Rank: 345
    TRISTAR FINANCE, INC.
    Similarity Rank: 378
    MANHATTAN FINANCIAL GROUP, INC.
    Similarity Rank: 384
    N C P D Federal Credit Union
    Similarity Rank: 482
    MOUNTAIN MORTGAGE CORP.
    Similarity Rank: 538
    MYPOINT Credit Union
    Similarity Rank: 560
    ALTURA
    Similarity Rank: 628

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 554 $295,710,000 $533,773 $5,469 3.29%

    For 2020, Sterling Bank And Trust Fsb's most frequently originated type of loan was Conventional, with 554 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 306 $124,870,000 $408,072 $3,406 3.13%
    Home Purchase 168 $107,200,000 $638,095 $9,271 3.55%
    Cash Out Refi 62 $58,190,000 $938,548 $4,144 3.39%
    Home Improvement 13 $3,725,000 $286,538 $2,785 3.24%
    Other 5 $1,725,000 $345,000 $4,132 3.55%

    For 2020, Sterling Bank And Trust Fsb's most frequently cited loan purpose was Refi, with 306 originations. The 2nd most popular reason was Home Purchase, with 168 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 379 $202,885,000 $535,317 $6,526 3.48%
    15 Year 140 $44,430,000 $317,357 $2,751 2.76%
    20 Year 20 $5,480,000 $274,000 $2,735 3.16%
    10 Year 14 $39,810,000 $2,843,571 $3,883 3.71%
    Other 1 $3,105,000 $3,105,000 $0 4.13%

    For 2020, Sterling Bank And Trust Fsb's most frequently cited loan duration was 30 Year, with 379 originations. The 2nd most popular length was 15 Year, with 140 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 253 $110,325,000 $436,067
    $5k+ 75 $65,745,000 $876,600
    $<1k 36 $10,770,000 $299,167
    $2k-3k 33 $9,985,000 $302,576
    $3k-4k 27 $13,045,000 $483,148
    $4k-5k 23 $13,315,000 $578,913

    Sterling Bank And Trust Fsb's average total fees were $6,526, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 253 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 378 $234,360,000 $620,000
    2.5-3% 110 $38,350,000 $348,636
    <2.5% 56 $16,770,000 $299,464
    4-5% 10 $6,230,000 $623,000

    During 2020, Sterling Bank And Trust Fsb's average interest rate for loans was 3.48%, while their most frequently originated rate bucket for loans was 3-4%, with 378 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 215 $65,375,000 $304,070 $3,533 3.19%
    $400k-600k 142 $68,790,000 $484,437 $5,104 3.29%
    $600k-1MM 91 $68,175,000 $749,176 $8,274 3.47%
    $100k-200k 55 $8,675,000 $157,727 $2,581 3.18%
    $1MM+ 45 $84,255,000 $1,872,333 $13,102 3.59%
    $100,000 or less 6 $440,000 $73,333 $2,102 3.08%

    2020 saw Sterling Bank And Trust Fsb place emphasis on $200k-400k loans with 215 originations, totaling $65,375,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 168 $81,500,000 $485,119 $5,675 3.30%
    $100k-150k 143 $53,565,000 $374,580 $4,550 3.24%
    $250k+ 116 $85,770,000 $739,397 $8,710 3.39%
    $75k-100k 59 $19,475,000 $330,085 $3,812 3.12%
    $50k-75k 37 $9,855,000 $266,351 $3,468 3.23%
    $50k or less 17 $2,995,000 $176,176 $2,489 3.27%

    Sterling Bank And Trust Fsb lent most frequently to those with incomes in the $150k-250k range, with 168 originations. The second most popular income band? $100k-150k, with 143 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 146 $63,720,000 $436,438 $5,061 3.21%
    30-36% 119 $66,815,000 $561,471 $6,664 3.36%
    <20% 66 $28,310,000 $428,939 $5,008 3.20%
    36% 29 $12,635,000 $435,690 $5,239 3.35%
    37% 25 $13,235,000 $529,400 $7,739 3.39%
    44% 20 $8,700,000 $435,000 $4,677 3.28%
    41% 19 $8,635,000 $454,474 $6,862 3.22%
    38% 18 $8,710,000 $483,889 $5,401 3.49%
    49% 15 $5,485,000 $365,667 $4,205 3.37%
    39% 14 $8,560,000 $611,429 $6,057 3.05%
    46% 12 $4,260,000 $355,000 $3,206 3.25%
    40% 11 $6,375,000 $579,545 $5,829 3.32%
    42% 11 $4,135,000 $375,909 $4,079 3.41%
    43% 10 $3,380,000 $338,000 $3,419 3.15%
    47% 9 $3,695,000 $410,556 $4,134 3.14%
    48% 9 $3,375,000 $375,000 $3,495 3.24%
    45% 8 $3,190,000 $398,750 $3,454 3.16%

    Sterling Bank And Trust Fsb lent most frequently to those with DTI ratios of 20-30%, with 146 originations. The next most common DTI ratio? 30-36%, with 119 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 231 $123,195,000 $533,312 $6,739 3.37%
    Asian 220 $89,500,000 $406,818 $3,968 3.17%
    Not applicable 13 $42,495,000 $3,268,846 $0 3.89%
    Not provided 84 $38,760,000 $461,429 $5,550 3.30%
    Black 5 $1,495,000 $299,000 $4,746 3.03%
    Native Hawaiian or Islander 1 $265,000 $265,000 $3,438 3.63%

    Approval Rates

    Total approvals of all applications
    90.44%

    Sterling Bank And Trust Fsb has an average approval rate.

    Pick Rate

    Approvals leading to origination
    57.94%

    Sterling Bank And Trust Fsb has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 554 $295,710,000 $533,773

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 9 $37,365,000 $4,151,667
    Single Family (1-4 Units):Site-Built 545 $258,345,000 $474,028

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 105 $33,305,000 $317,190 $3,404 2.98%
    40-60% 161 $70,755,000 $439,472 $4,322 3.17%
    60-80% 208 $151,480,000 $728,269 $6,769 3.49%
    80-100% 61 $36,345,000 $595,820 $8,345 3.53%
    Under 20% 19 $3,825,000 $201,316 $2,643 3.07%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    STERLING BANCORP Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.6%
    STERLING BANCORP Conventional home mortgage Closing on a mortgage 3 10.7%
    STERLING BANCORP Conventional home mortgage Struggling to pay mortgage 5 17.9%
    STERLING BANCORP Conventional home mortgage Trouble during payment process 12 42.9%
    STERLING BANCORP Home equity loan or line of credit (HELOC) Closing on a mortgage 2 7.1%
    STERLING BANCORP Home equity loan or line of credit (HELOC) Trouble during payment process 2 7.1%
    STERLING BANCORP Other type of mortgage Struggling to pay mortgage 1 3.6%
    STERLING BANCORP Other type of mortgage Trouble during payment process 2 7.1%

    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 $45,697
    Sterling Bank and Trust, FSB 1100 Bellevue Way Ne Bellevue, WA 98004 Full Service B&M $56,514
    Sterling Bank and Trust, FSB 1104 4th Street San Rafael, CA 94901 Full Service B&M $45,512
    Sterling Bank and Trust, FSB 1122 Taraval St San Francisco, CA 94116 Full Service B&M $102,694
    Sterling Bank and Trust, FSB 115 West Portal Avenue San Francisco, CA 94127 Full Service B&M $74,080
    Sterling Bank and Trust, FSB 1210 Broadway Burlingame, CA 94010 Full Service B&M $150,480
    Sterling Bank and Trust, FSB 1239 Noriega Street San Francisco, CA 94122 Full Service B&M $67,394
    Sterling Bank and Trust, FSB 15 E 4th Ave San Mateo, CA 94401 Full Service B&M $78,070
    Sterling Bank and Trust, FSB 1900 Fillmore Street San Francisco, CA 94115 Full Service B&M $37,325
    Sterling Bank and Trust, FSB 19220 Colima Road La Puente, CA 91748 Full Service B&M $132,195
    Sterling Bank and Trust, FSB 2045 Van Ness Avenue San Francisco, CA 94109 Full Service B&M $142,912
    Sterling Bank and Trust, FSB 2122 Market Street San Francisco, CA 94114 Full Service B&M $47,216
    Sterling Bank and Trust, FSB 2501 Irving Street San Francisco, CA 94122 Full Service B&M $241,170
    Sterling Bank and Trust, FSB 2555 San Bruno Avenue San Francisco, CA 94134 Full Service B&M $92,030
    Sterling Bank and Trust, FSB 2911 Chino Hills Unit F-1 Chino Hills, CA 91709 Full Service B&M $31,537
    Sterling Bank and Trust, FSB 3640 Wilshire Blvd, Suite 150 Los Angeles, CA 90010 Full Service B&M $15,940
    Sterling Bank and Trust, FSB 3800 24th Street San Francisco, CA 94114 Full Service B&M $106,057
    Sterling Bank and Trust, FSB 38990 Paseo Padre Pkwy Fremont, CA 94538 Full Service B&M $26,715
    Sterling Bank and Trust, FSB 39-02 Main St Flushing, NY 11354 Full Service B&M $39,293
    Sterling Bank and Trust, FSB 400 Montgomery St, Ste 100 San Francisco, CA 94104 Full Service B&M $118,151
    Sterling Bank and Trust, FSB 4250 Barranca Parkway, Suite S Irvine, CA 92604 Full Service B&M $84,569
    Sterling Bank and Trust, FSB 440 Westlake Center Dr, Suite 4022 Daly City, CA 94015 Full Service B&M $108,369
    Sterling Bank and Trust, FSB 4627 Mission St San Francisco, CA 94112 Full Service B&M $73,731
    Sterling Bank and Trust, FSB 5498 Geary Boulevard San Francisco, CA 94121 Full Service B&M $168,657
    Sterling Bank and Trust, FSB 657 West Durate Road Arcadia, CA 91007 Full Service B&M $192,247
    Sterling Bank and Trust, FSB 711 W Valley Blvd, Ste 100 Alhambra, CA 91803 Full Service B&M $298,485
    Sterling Bank and Trust, FSB 735 Webster Street Oakland, CA 94607 Full Service B&M $63,064
    Sterling Bank and Trust, FSB 774 55th Street, Third Floor Brooklyn, NY 11220 Full Service B&M $6,831
    Sterling Bank and Trust, FSB 825 Irving Street San Francisco, CA 94122 Full Service B&M $117,527
    Sterling Bank and Trust, FSB One Towne Square, Suite 1900 Southfield, MI 48076 Full Service B&M $177,189

    For 2020, Sterling Bank And Trust Fsb had 30 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $151,093
    Net interest income $109,968
    Total noninterest income $3,884
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $306
    Trading account gains and fees $0
    Additional Noninterest Income $3,578
    Pre-tax net operating income $-18,315
    Securities gains (or losses, -) $287
    Income before extraordinary items $-12,365
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $-12,365
    Minority interest net income $0
    Net income $-12,365
    Sale, conversion, retirement of capital stock, net $334
    Net operating income $-12,591

    Sterling Bank And Trust Fsb's gross interest income from loans was $151,093,000.
    Sterling Bank And Trust Fsb's net interest income from loans was $109,968,000.
    Sterling Bank And Trust Fsb's fee based income from loans was $306,000.
    Sterling Bank And Trust Fsb's net income from loans was $-12,365,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $41,125
    Provision for credit losses $54,865
    Total noninterest expense $77,302
    Salaries and employee benefits $28,866
    Premises and equipment expense $8,748
    Additional noninterest expense $39,688
    Applicable income taxes $-5,663
    Net charge-offs $4,208
    Cash dividends $0

    Sterling Bank And Trust Fsb's interest expense for loans was $41,125,000.
    Sterling Bank And Trust Fsb's payroll and benefits expense were $28,866,000.
    Sterling Bank And Trust Fsb's property, plant and equipment expenses $8,748,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 4.0%
    Real Estate loans 4.0%
    Construction & Land Development loans 20.0%
    Nonfarm, nonresidential loans 14.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 2.0%
    HELOC loans 3.0%
    All other family 2.0%
    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 $3,133,542
    Deposits held in domestic offices $3,133,542
    Deposits by Individuals, partnerships, and corporations $3,083,401
    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. $49,646
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $250,986
    Demand deposits $79,410
    Nontransaction accounts $2,882,556
    Money market deposit accounts (MMDAs) $1,224,768
    Other savings deposits (excluding MMDAs) $11,266
    Total time deposits $1,646,523
    Total time and savings deposits $3,054,132
    Noninterest-bearing deposits $84,072
    Interest-bearing deposits $3,049,470
    Retail deposits $2,656,451
    IRAs and Keogh plan accounts $60,125
    Brokered deposits $42,751
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,903,167
    Cash & Balances due from depository institutions $1,004,070
    Interest-bearing balances $994,723
    Total securities $304,713
    Federal funds sold & reverse repurchase $1,390
    Net loans and leases $2,459,616
    Loan and leases loss allowance $72,387
    Trading account assets $0
    Bank premises and fixed assets $27,454
    Other real estate owned $167
    Goodwill and other intangibles $5,688
    All other assets $100,069

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,903,167
    Total Liabilities $3,539,556
    Total deposits $3,133,542
    Interest-bearing deposits $3,049,470
    Deposits held in domestic offices $3,133,542
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $318,000
    Subordinated debt $0
    All other liabilities $88,014

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,459,616
    Loan and leases loss allowance $72,387
    Total loans and leases (domestic) $2,532,003
    All real estate loans $2,531,324
    Real estate loans in domestic offices $2,531,324
    Construction and development loans $206,717
    Residential 1-4 family construction $63,976
    Other construction, all land development and other land $142,741
    Loans secured by nonfarm nonresidential properties $143,592
    Nonfarm nonresidential secured by owner-occupied properties $2,852
    Commercial real estate & other non-farm, non-residential $140,740
    Multifamily residential real estate $87,644
    1-4 family residential loans $2,093,371
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $111
    To non-U.S. addressees $0
    Loans to individuals $7
    Credit card loans $0
    Related Plans $7
    Consumer Auto Loans $0
    Other loans to individuals $0
    All other loans & leases $562
    Loans to foreign governments and official institutions $0
    Other loans $562
    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 $7,237
    Non 1-4 family restructured loans & leases $7,123
    Total loans and leases (foreign) $0

    Sterling Bank and Trust FSB had $2,459,616,000 of loans outstanding in 2020. $2,531,324,000 of loans were in real estate loans. $206,717,000 of loans were in development loans. $87,644,000 of loans were in multifamily mortgage loans. $2,093,371,000 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 14 $4,420 $315,714
    Nonfarm, nonresidential loans - $100-250k 3 $171 $57,000
    Nonfarm, nonresidential loans - $250k-1MM 11 $4,249 $386,273