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 The Shelby State Bank
The Shelby State Bank
| RSSD ID 961343 | CERTIFICATE 10157 | ABA NUMBER 72411708 |
| 242 N Michigan Ave |
Quarter Ended : |
2025-12-31 |
| Shelby, Michigan, 49455 |
Updated : |
2026-01-15 |
| www.shelbybank.com |
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| Institution Profile |
| Year Opened : |
1910 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
10 |
Number of Employees : |
84 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 385,777 |
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Total Interest Income | 16,247 |
| Total Liabilities | 354,141 |
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Total NonInterest Income | 3,550 |
| Total Bank Equity Capital | 31,636 |
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Total Interest Expense | 3,770 |
| Total Deposits | 337,346 |
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Total NonInterest Expense | 11,899 |
| Net Loans & Leases | 213,815 |
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Net Income | 3,026 |
| Loan Loss Allowance | 2,481 |
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Net Charge Offs | 31 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 37,209 |
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Total loans | 215,773 |
| Total assets for the leverage ratio | 378,493 |
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Loans secured by real estate: | 192,266 |
| Tier 1 Leverage Ratio | 9.18 |
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Commercial and industrial loans | 14,908 |
| Tier 1 Capital Ratio | 13.75 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.73 |
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Loans to individuals - Other | 3,502 |
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:· The Shelby State Bank
