Shelby State Bank
Shelby, Michigan · FDIC Cert #10157
Shelby State Bank is an FDIC-insured bank (Certificate #10157) with $362M in total assets and $311M in total deposits as of the Q2 2024 Call Report. Headquartered in Shelby, Michigan, the bank maintains a Tier 1 capital ratio of 13.15% (Well-Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of A (89/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Shelby State Bank (FDIC cert 10157) is a community bank — $362M in total assets, $311M in deposits, serving the Shelby, Michigan area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 13.15% 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 0.00% 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 comfortable: 39.2% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.54% 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. Shelby State Bank carries a composite BankHealth grade of A (89/100) 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: Shelby State Bank
- Total Assets
- $362M
- Total Deposits
- $311M
- Tier 1 Capital Ratio
- 13.15%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 39.17%
- Return on Assets
- 0.54%
- Headquarters
- Shelby, Michigan
- FDIC Certificate
- #10157
- Health Grade
- A (89/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Shelby State Bank holds a Tier 1 capital ratio of 13.15%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Shelby State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Shelby State Bank shows strong financial health indicators. With $362M in assets and a Health Score of 89/100, 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 Shelby State Bank Compares
Shelby State Bank’s Health Score of 89 is 16 points above the Michigan state average of 73 across 69 FDIC-insured banks. Its 13.15% Tier 1 capital ratio is 0.9 points below the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.54% is below the national ROA benchmark of ~1.1%. Among 1555 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Shelby State Bank is 19 points above the portfolio average of 70.
Frequently Asked Questions
Shelby State Bank has a Bank Health Score of A (89/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 13.15%, 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. Shelby State Bank's Tier 1 capital ratio of 13.15% and nonperforming loan ratio of 0.00% 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 Shelby State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #10157). 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.
Shelby State Bank holds $362M in total assets and $311M in total deposits. It is headquartered in Shelby, Michigan (FDIC Certificate #10157).
Shelby State Bank has a Tier 1 capital ratio of 13.15%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 0.54%.
Yes. Shelby State Bank is FDIC-insured (Certificate #10157). 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%).
Shelby State 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.