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West Shore Bank
Ludington, MI · FDIC Certificate #14929 · Chartered 07/2
Total assets
$833.57M
Total deposits
$720.20M
Total equity
$78.22M
Net loans
$653.18M
Branches (offices)
9
Net income (YTD)
$3.44M
Rank: #1,212 of 4,213 U.S. banks by assets · #22 of 72 in Michigan. Assets changed 5.6% and deposits 10.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.83% |
| Return on equity | 8.99% |
| Net interest margin (YTD) | 3.98% |
| Equity to assets | 9.38% |
| Tier 1 leverage ratio | 9.85% |
| Uninsured deposits (share of deposits) | 27.3% |
| Noncurrent loans (share of loans) | 1.24% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 90.7% |
| Real estate loans (share of loans) | 80.5% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $525.79M | 80.5% | |
| Commercial & industrial | $113.72M | 17.4% | |
| Consumer / individual | $13.04M | 2.0% | |
| Construction & development | $46.13M | 7.1% | |
| Agricultural | $961.00K | 0.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $723.70M | $616.05M | $1.69M | $47.82M |
| Jun 2023 | $689.71M | $540.66M | $2.19M | $49.53M |
| Jun 2024 | $766.06M | $672.88M | $1.73M | $55.15M |
| Jun 2025 | $789.63M | $652.13M | $3.19M | $65.20M |
| Jun 2026 | $833.57M | $720.20M | $3.44M | $78.22M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Michigan | $720.20M | 9 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $720.20M.
Similar-sized banks
Dmb Community Bank ($835.04M) · Timberline Bank ($832.56M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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