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BankSonar

The Shelby State Bank

Shelby, MI · State, non-member commercial bank

54

Sonar Score

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out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$391.5M
Total deposits
$346.4M
Branches
10
Return on assets
0.80%
Return on equity
9.88%
Charter type
State, non-member commercial bank
Established
1910
FDIC cert #
10157

How the 54 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Modest but positive returns.

Return on equityweight 15%

Positive but moderate equity returns.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at The Shelby State Bank

The Shelby State Bank is an FDIC-insured institution (Cert #10157). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

10 branch locations

8238 Whitehall Road

Whitehall Township, MI 49461

2222 Holton Road

Dalton Township, MI 49445

6448 Airline Road

Fruitport Township, MI 49415

811 S State St

Hart, MI 49420

180 N Division Ave

Hesperia, MI 49421

388 S Hancock St

Pentwater, MI 49449

1710 Us 31 S

Manistee, MI 49660

30 N Meyers Rd

Ludington, MI 49431

4555 Dowling St

Montague, MI 49437

242 N Michigan Ave

Shelby, MI 49455

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