Shelby State Bank (FDIC #10157): Bank Stress & Real-Estate Credit Exposure

Shelby State Bank (FDIC Cert #10157): bank stress 79/100, severe, STABLE over 7 days; parent SHELBY FINANCIAL CORP.

Shelby State Bank (#10157) lends in 3 counties across 1 state; Shelby State Bank (#10157) reaches 38 ZIP codes: Michigan 3 counties, 38 ZIPs.

Shelby State Bank (#10157) largest markets: Muskegon County, MI (84 branches, 21 ZIPs) (#10157), Oceana County, MI (48 branches, 12 ZIPs) (#10157), Mason County, MI (10 branches, 10 ZIPs) (#10157).

Shelby State Bank (#10157) reports $397.0 million in total assets; Shelby State Bank (#10157) equity $32.1 million (8.1% of Shelby State Bank (#10157) assets); Shelby State Bank (#10157) domestic deposits $339.5 million; Shelby State Bank (#10157) net income $1.8 million; Shelby State Bank (#10157) return on assets 0.90%; Shelby State Bank (#10157) return on equity 11.05%; Shelby State Bank (#10157) net interest income $6.9 million; Shelby State Bank (#10157) call report June 30, 2026.

Shelby State Bank (#10157) noncurrent real-estate loans: none reported; Shelby State Bank (#10157) net charge-offs on real estate 0.01%.

Shelby State Bank (#10157) net interest margin 3.77% against an eight-quarter Shelby State Bank (#10157) average of 3.49% (Shelby State Bank (#10157) compression -0.28 points); Shelby State Bank (#10157) rate-exposure score 40/100, Shelby State Bank (#10157) fixed-rate trap 40/100; Shelby State Bank (#10157) risk type credit driven; Shelby State Bank (#10157) rate regime rates elevated, Shelby State Bank (#10157) snapshot October 19, 2026.

Shelby State Bank (#10157) stress score moved from 79.8 on June 22, 2026 to 79.4 on October 20, 2026; Shelby State Bank (#10157) ranged 79.4 to 79.8 over 117 snapshots.

Shelby State Bank (#10157) alerts: 3 counties; top Shelby State Bank (#10157) alert scores: Ludington County, MI 27 (low); Shelby County, MI 27 (low); Whitehall County, MI 27 (low).