The Shelby County State Bank


Overview / Commentary
712-755-5112
508 Court Street
Harlan, IA 51537

The Shelby County State Bank is headquartered in HARLAN and is the 51st largest bank in the state of Iowa. It is also the 1,641st largest bank in the nation. It was established in 1909 and as of September of 2024, it had grown to 79 employees at 14 locations. The Shelby County State Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #1553
Year Established1909
Employees79
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.87%
Return on Equity - YTD8.8%
Annual Interest Income$18.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$564.7MM$532.5MM
LoansQ3 2024vs Q3 2023$350.6MM$334.1MM
DepositsQ3 2024vs Q3 2023$505.5MM$477.6MM
Equity CapitalQ3 2024vs Q3 2023$56.4MM$50.7MM
Loan Loss AllowanceQ3 2024vs Q3 2023$4.1MM$3.5MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$969K$516K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
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Locations

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