Total Assets
$386M
Total balance-sheet footings
FDIC Cert #10157 · Shelby, Michigan · Est. 1910
The Shelby State Bank - FDIC Bank Health Profile
A community-scale look at The Shelby State Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $386M
- Total assets
- B
- Health grade · Good
- 0.82%
- Return on assets
- 13.7%
- Tier 1 capital
Data updated July 2026
The verdict
The Shelby State Bank earns a PlainBankData health grade of B (73/100), with well-capitalized at 13.75% Tier 1, 0.82% ROA, 74% efficiency ratio.
- #2,131
- largest of 4,313 FDIC banks by assets
- 51st
- percentile by asset size, nationally
- 13.75%
- Tier 1 ratio - above the 10% well-capitalized line
- 31st
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How The Shelby State Bank's 73/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
The Shelby State Bank's composite health score
Tier 1 Capital Ratio (13.75%) 35/40
Return on Assets (ROA) (0.82%) 14/25
Texas Ratio (0.82%) 20/20
Efficiency Ratio (74.24%) 4/15
73 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$337M
Customer-funded liabilities
Net Loans
$214M
Outstanding loan book
Net Income
$3M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where The Shelby State Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. The Shelby State Bank's score of 73/100 falls in the highlighted band.
The Shelby State Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). The Shelby State Bank's $386M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
13.75% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
13.75%
Texas Ratio
0.82%
Equity Capital
$32M
Profitability metrics
Return on Assets (ROA)
31st percentile nationally
0.82%
Return on Equity (ROE)
10.59%
Efficiency Ratio
74.24%
What the numbers say about The Shelby State Bank
The Shelby State Bank is an FDIC-insured institution (Certificate #10157) headquartered in Shelby, Michigan, established in 1910. It holds $386M in total assets - 2,131st of 4,313 FDIC-insured banks, $337M in customer deposits, and $214M in net loans. Its capital position: a Tier 1 ratio of 13.75%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 0.82% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of B (73 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
The Shelby State Bank sits 44th of 73 banks headquartered in Michigan by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$16M
Interest Income
$4M
Non-Interest Income
$12M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. The Shelby State Bank reports a Texas Ratio of 0.82% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.82% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Michigan by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) The Shelby State Bank (FDIC Cert #10157) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Michigan
All Michigan banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Northpointe BankGrand Rapids | $7.0B | B | 1.39% |
| First National Bank of AmericaEast Lansing | $6.7B | A | 2.94% |
| Mercantile BankGrand Rapids | $6.2B | A | 1.61% |
| Independent BankGrand Rapids | $5.5B | B | 1.33% |
| ChoiceOne BankSparta | $4.4B | B | 0.79% |
| Macatawa Bank, National AssociationHolland | $3.7B | A | 1.39% |
| Bank of Ann ArborAnn Arbor | $3.3B | A | 1.72% |
| Isabella BankMount Pleasant | $2.2B | B | 1.02% |
Frequently asked questions
What is The Shelby State Bank's health grade?▼
The Shelby State Bank receives a health grade of B (73/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is The Shelby State Bank?▼
The Shelby State Bank holds $386M in total assets and $337M in deposits, ranking 2,131st of 4,313 FDIC-insured banks by asset size. It is headquartered in Shelby, Michigan.
Is my money safe at The Shelby State Bank?▼
Yes, deposits at The Shelby State Bank (Certificate #10157) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is The Shelby State Bank's Tier 1 Capital Ratio?▼
The Shelby State Bank has a Tier 1 Capital Ratio of 13.75%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for The Shelby State Bank?▼
The Shelby State Bank has a Texas Ratio of 0.82%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is The Shelby State Bank?▼
The Shelby State Bank has an Efficiency Ratio of 74.24%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read The Shelby State Bank's profile as a depositor or analyst.
- The Shelby State Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare The Shelby State Bank against other Michigan banks before moving funds. Michigan banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.