|
 |
|
|
 West Shore Bank
West Shore Bank
| RSSD ID 832546 | CERTIFICATE 14929 | ABA NUMBER 72408290 |
| 201 W Loomis St |
Quarter Ended : |
2025-12-31 |
| Ludington, Michigan, 49431 |
Updated : |
2026-02-10 |
| www.westshorebank.com |
|
| Institution Profile |
| Year Opened : |
1898 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
133 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 820,226 |
|
Total Interest Income | 42,790 |
| Total Liabilities | 745,436 |
|
Total NonInterest Income | 6,085 |
| Total Bank Equity Capital | 74,790 |
|
Total Interest Expense | 13,828 |
| Total Deposits | 685,517 |
|
Total NonInterest Expense | 26,129 |
| Net Loans & Leases | 631,828 |
|
Net Income | 6,861 |
| Loan Loss Allowance | 6,092 |
|
Net Charge Offs | 150 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 83,523 |
|
Total loans | 622,130 |
| Total assets for the leverage ratio | 822,108 |
|
Loans secured by real estate: | 488,584 |
| Tier 1 Leverage Ratio | 9.39 |
|
Commercial and industrial loans | 105,846 |
| Tier 1 Capital Ratio | 11.58 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.53 |
|
Loans to individuals - Other | 13,513 |
|
|
|
|
:· West Shore Bank
