The Shelby State Bank

The Shelby State Bank is headquartered in Shelby and is the 64^th largest bank in the state of Michigan. It is also the 3,030^th largest bank in the nation. It was established in 1910 and as of March of 2012, it had grown to 79 employees at 8 locations. The Shelby State Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics The Shelby State Bank FDIC Certificate # 10157 BankRate Report View Year Established 1910 Employees 79 Primary Regulator FDIC Assets and Liabilities Assets $207.35 million Loans $117.11 million Deposits $180.47 million Equity Capital $20.23 million Loan Loss Allowance $1.83 million Unbacked Noncurrent Loans $2.40 million Real Estate Owned $808,000 Historic Data - March 2011 Assets $202.79 million Equity Capital $19.05 million Loan Loss Allowance $1.76 million Unbacked Noncurrent Loans $779,000 Real Estate Owned $840,000 Profit Margin - Quarterly Net Interest Margin 4.13% Return on Assets 0.52% Return on Equity 5.32% Interest Income $2.13 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 The Shelby State Bank had $3.21 million in non-current loans and owned real-estate with $22.05 million in equity and loan loss allowances on hand to cover it. This gives The Shelby State Bank a Texas Ratio of 14.54% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Shelby State Bank increased slightly from 7.78% as of March 31, 2011 to 14.54% as of March 31, 2012, resulting in a negative change of 86.92%. This indicates that the balance sheet and financial strength for The Shelby State Bank has declined slightly in recent periods. Deposit Growth In the past year, The Shelby State Bank has increased its total deposits by $3.27 million, resulting in 1.84% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Shelby State Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Shelby State Bank has $207.35 million in assets with $22.05 million in equity, resulting in a capitalization level of 10.64%, which is above average.

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