Latest News for STBI
STURGIS, MI / ACCESS Newswire / September 2, 2026 / Sturgis Bancorp, Inc. (OTCQX:STBI) (the "Company"), the holding company of Sturgis Bank & Trust Company (the "Bank"), today announced the completion of an offering (the "Offering") of $25.5 million aggregate principal amount of its 7.0% fixed-to-floating rate subordinated notes due September 15, 2036 (the "Notes") in a private placement to various qualified…
STURGIS, MI / ACCESS Newswire / July 13, 2026 / Sturgis Bancorp, Inc. (OTCQX:STBI) today reported for the second quarter of 2026: Tier 1 Capital The Bank maintained strong capital ratios, exceeding well capitalized requirements, with Tier 1 leverage capital at 8.63%. Key Quarterly Highlights Net income was $2.5 million.
STURGIS, MI / ACCESS Newswire / July 13, 2026 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.18 per common share, payable September 15, 2026, to stockholders of record at the close of business on August 14, 2026. This declaration continues the quarterly dividend at the highest level in the Company's history.
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