C
The Shelby State Bank
ShelbyMI
Rating Date
October 2025
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
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Net
Income
Weiss Ratings The Shelby State Bank
Shelby, MI
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Rating C
Asset Quality Index 6.70
Capitalization Index 6.70
Liquidity Index 3.70
Profitability Index 3.70
Stability Index 3.60
Company Info The Shelby State Bank
Shelby, MI
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FDIC Number 10157
Phone Number (231) 861-2123
Website www.shelbybank.com
Asset Quality The Shelby State Bank
Shelby, MI
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1-Year Asset Growth 6.57%
5-Year Asset Growth 5.60%
5-Year Charge-Offs to Average Loans 0.04%
Charge-Offs to Average Loans 0.02%
Non-Performing Assets to Assets 0.61%
Non-Performing Loans to Capital 3.20%
Non-Performing Loans to Loans 0.99%
Balance Sheet The Shelby State Bank
Shelby, MI
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Total Assets 385.80M
Total Deposits 345.04M
Capital and Reserves The Shelby State Bank
Shelby, MI
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Capital 30.25M
Leverage Ratio 8.70
Loan Loss Reserves to Loans 1.12%
Risk-Based Capital Ratio 14.35
Liquidity The Shelby State Bank
Shelby, MI
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Hot Money Ratio 9.78%
Liquidity Ratio 31.97%
Profitability The Shelby State Bank
Shelby, MI
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5-Year Return on Average Assets 0.78%
Net Income 1.93M
Net Interest Spread 3.46%
Operating Profit to Average Assets 0.87%
Overhead Efficiency Ratio 77.13%
Return on Assets 0.70%
Return on Equity 9.25%