West Shore Bank
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Data as of · sourced from FFIEC call reports. How we update
West Shore Bank is an FDIC-insured commercial bank headquartered in Ludington, MI, established in 1898 (FDIC certificate 14929), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $833.6M, up 5.6% from Q2 2025, the 22nd largest of 72 banks headquartered in Michigan. Its CET1 capital ratio was 11.68% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 14929
- Headquarters
- Ludington, MI
- Established
- 1898
- Total assets, Q2 2026
- $833.6M
- Assets vs Q2 2025
- +5.6%
- CET1 ratio, Q2 2026
- 11.68%
- Domestic offices
- 9 FDIC institution directory, current count
- Routing number
- 072408290
- Latest call report
- Q2 2026, FFIEC 041 · West Shore Bank call report
- Holding company
- WEST SHORE BANK CORPORATION
- Asset rank in state
- 22nd of 72 in Michigan
Problem loans are rising at West Shore Bank. The Ludington, Michigan bank had $834 million in assets at June 30, 2026, up 5.6% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.24% of loans from 0.04% a year earlier. It holds common equity equal to 11.68% of its risk-weighted assets, lower than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 15.12%). It also spends about 78 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 61 cents).
The commercial and industrial book ($114 million) is worsening: 1.15% of it is past due or on nonaccrual, up from 0.17% a year earlier. Net income for the quarter slipped 13% from a year earlier, to $1.6 million. Credit is the area to watch: it carries problem assets equal to 9.9% of the capital and reserves that would absorb them, 3.7 times the median of 2.6% for banks its size.
As of June 30, 2026, West Shore Bank reported a CET1 capital ratio of 11.68%, a return on assets of 0.79%, a nonperforming-loan ratio of 1.24% and a Texas ratio of 9.86%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, West Shore Bank is the 22nd largest of the 72 banks headquartered in Michigan. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.7% to $833.6M, loans rose 2.7% and deposits rose 3.4%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 29.1% of total loans, followed by owner-occupied commercial real estate loans at 27.7%. Its 9 offices in the FDIC Summary of Deposits are in 8 cities in MI; its Ludington office books 42% of its branch deposits. By the capital ratios in its Q2 2026 call report, West Shore Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 201 W Loomis St, Ludington, MI 49431
- County
- Mason
- Metro Area
- Ludington, MI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- July 25, 1898
- Domestic offices
- 9 FDIC institution directory, current count
- Employees (FTE)
- 137
- Domestic deposits
- $720.2M
- Allowance for credit losses
- $6.2M
- Net charge-offs (YTD)
- $7K
- Average total assets
- $820.9M
- Average total loans
- $645.4M
- Average interest-bearing deposits
- $562.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- October 6, 1934
- FDIC Cert
- 14929
- Fed RSSD
- 832546
- SEC CIK
- 355805 → filed by WEST SHORE BANK CORPORATION
- Website
- www.westshorebank.com →
- Parent Holding Company
- WEST SHORE BANK CORPORATION (RSSD 1206667)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, West Shore Bank's total assets ranged from $720.9M (Q4 2023) to $836.6M (Q3 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$833.6M total assets against $789.6M; $755.3M total liabilities against $724.4M.
$653.2M net loans and leases against $593.0M; $720.2M total deposits against $652.1M.
$79.0M securities against $111.9M; $47.6M cash and balances due against $30.3M.
$11.0M total interest income against $10.4M; $3.5M total interest expense against $3.4M.
$7.5M net interest income against $7.0M.
$1.7M total noninterest income against $1.5M; $7.2M total noninterest expense against $6.2M.
$75K provision for credit losses against $134K.
$1.6M net income against $1.9M.
0.79% return on assets against 0.96%; 3.99% net interest margin against 3.88%.
11.68% CET1 capital ratio against 10.59%; 9.85% tier 1 leverage ratio against 8.91%.
Inside the full West Shore Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWest Shore Bank rankings
Its closest position to the top of a national ranking is 652 of 3,640, for Texas Ratio; its furthest is 3,164 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.68% (Q1 2025) to 1.10% (Q3 2025) and its net interest margin ran from 3.53% (Q4 2024) to 4.14% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.68% | 0.79% | 1.24% | 9.86% | 3.99% |
| Q1 2026 | 11.77% | 0.87% | 0.27% | 2.12% | 3.94% |
| Q4 2025 | 11.58% | 0.71% | 0.27% | 2.22% | 4.01% |
| Q3 2025 | 11.80% | 1.10% | 0.06% | 0.32% | 4.14% |
| Q2 2025 | 10.59% | 0.96% | 0.06% | 0.34% | 3.88% |
| Q1 2025 | 10.62% | 0.68% | 0.08% | 0.48% | 3.66% |
| Q4 2024 | 10.71% | 0.95% | 0.09% | 0.76% | 3.53% |
| Q3 2024 | 10.70% | 0.95% | 0.08% | 0.49% | 3.55% |
Swipe the table sideways to see every column.
Branch Network
View all 9 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| West Shore Bank (main office) | Ludington , MI | 49431 | $305.8M |
| Scottville Branch | Scottville , MI | 49454 | $106.5M |
| Traverse City Branch | Traverse City , MI | 49686 | $82.1M |
| Manistee Branch | Manistee , MI | 49660 | $49.1M |
| Hart Branch | Hart , MI | 49420 | $43.2M |
| Ludington Branch | Pere Marquette Township , MI | 49431 | $40.3M |
| Cypress Street Branch | Manistee , MI | 49660 | $35.4M |
| Frankfort Branch | Frankfort , MI | 49635 | $31.3M |
| Onekama Branch | Onekama , MI | 49675 | $26.6M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| August 13, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 13, 2016 | Structure Change | Acquired West Michigan Bank & Trust Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in MI, rank 34 of 95 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 10 loans, $11.2M approved, $1.1M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about West Shore Bank
What are West Shore Bank's total assets?
As of the Q2 2026 filing, West Shore Bank reported total assets of $833.6 million in its FFIEC call report.
Where is West Shore Bank headquartered?
It is headquartered in Ludington, MI, United States.
When was West Shore Bank founded?
It was established in 1898, per the FDIC institution directory.
Is West Shore Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14929). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates West Shore Bank?
West Shore Bank's primary federal regulator is the FDIC.
What is West Shore Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.68% in its Q2 2026 call report, above regulatory requirements.
How many branches does West Shore Bank operate?
It operates 9 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is West Shore Bank's Texas Ratio?
Its Texas Ratio is 9.86% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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