Sturdy Savings Bank
Stone Harbor, New Jersey · FDIC Cert #28788
Sturdy Savings Bank is an FDIC-insured bank (Certificate #28788) with $1.1B in total assets and $980M in total deposits as of the Q2 2024 Call Report. Headquartered in Stone Harbor, New Jersey, the bank maintains a Tier 1 capital ratio of 14.80% (Well-Capitalized) and a nonperforming loan ratio of 0.11%. BankHealthData assigns a composite Health Grade of A (92/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Sturdy Savings Bank (FDIC cert 28788) is a mid-sized bank with $1.1B in total assets and $980M in deposits, based in Stone Harbor, New Jersey. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 14.80% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.11% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is very high: 40.6% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is thin: ROA of 0.31% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Sturdy Savings Bank carries a composite BankHealth grade of A (92/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Sturdy Savings Bank
- Total Assets
- $1.1B
- Total Deposits
- $980M
- Tier 1 Capital Ratio
- 14.80%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.11%
- Liquidity Ratio
- 40.61%
- Return on Assets
- 0.31%
- Headquarters
- Stone Harbor, New Jersey
- FDIC Certificate
- #28788
- Health Grade
- A (92/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Sturdy Savings Bank holds a Tier 1 capital ratio of 14.80%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Sturdy Savings Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Sturdy Savings Bank shows strong financial health indicators. With $1.1B in assets and a Health Score of 92/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Sturdy Savings Bank Compares
Sturdy Savings Bank’s Health Score of 92 is 20 points above the New Jersey state average of 72 across 48 FDIC-insured banks. Its 14.80% Tier 1 capital ratio is 0.8 points above the US banking industry average near 14%. The 0.11% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.31% is below the national ROA benchmark of ~1.1%. Among 939 similarly-sized banks, the average Health Score is 71, meaning this bank ranks above its size cohort. Site-wide, Sturdy Savings Bank is 22 points above the portfolio average of 70.
Frequently Asked Questions
Sturdy Savings Bank has a Bank Health Score of A (92/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 14.80%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Sturdy Savings Bank's Tier 1 capital ratio of 14.80% and nonperforming loan ratio of 0.11% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Sturdy Savings Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #28788). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Sturdy Savings Bank holds $1.1B in total assets and $980M in total deposits. It is headquartered in Stone Harbor, New Jersey (FDIC Certificate #28788).
Sturdy Savings Bank has a Tier 1 capital ratio of 14.80%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.11%, and the return on assets is 0.31%.
Yes. Sturdy Savings Bank is FDIC-insured (Certificate #28788). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Sturdy Savings Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.