West Shore Bank
Ludington, MI
IDRSSD: 832546
Total Assets
$820.23M
Latest filing
Total Deposits
$685.52M
Latest filing
Net Interest Margin
4.04%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
072408290LUDINGTON, MI
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
West Shore Bank
201 W Loomis St
Ludington, MI 49431
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/25/1898FDIC Certificate 9351
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| West Shore Bank (Main) | 201 W Loomis St | Ludington, MI |
| FRANKFORT BRANCH | 501 Main St | Frankfort, MI |
| LUDINGTON BRANCH | 5725 West U.S. 10 | Pere Marquette Township, MI |
| HART BRANCH | 4070 W Polk Rd | Hart, MI |
| MANISTEE BRANCH | 415 Parkdale | Manistee, MI |
| SCOTTVILLE BRANCH | 107 W State St | Scottville, MI |
| CYPRESS STREET BRANCH | 306 Cypress St | Manistee, MI |
| ONEKAMA BRANCH | 4945 Main St | Onekama, MI |
Showing 7 of 8
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 07/25/1898 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49431 |
| State and County Number | 26105 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Ludington, MI |
Operational Info
| Number of Employees | 131 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/09/2022 |
| Date of Deposit Insurance | 10/06/1934 |
| Primary Insurance Agency | DIF |
| Website | www.westshorebank.com |
| Data Updated | 01/30/2026 |
| CERT | 14929 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $820.23M |
| Total Deposits | $685.52M |
| Total Liabilities | $745.44M |
| Total Equity Capital | $74.79M |
| Net Income | $1.46M |
| Net Loans and Leases | $633.87M |
| Assets Per Employee ($Millions) | $6.17M |
| Bank Premises and Fixed Assets | $23.14M |
| Cash and Balances due from Depository Institutions | $37.89M |
| Deposits Held in Domestic Offices | $685.52M |
Key Performance Ratios
| Return on Assets (ROA) | 0.71% |
| Return on Equity (ROE) | 7.91% |
| Net Interest Margin | 4.04% |
| Efficiency Ratio | 76.72% |
| Tier 1 Risk-Based Capital Ratio | 11.586% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.21% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.118% |
| Earning Assets to total Assets | 91.77% |
Income and Expense
| Total Interest Income | $11.20M |
| Total Noninterest Income | $1.61M |
| Total Interest Expense | $3.54M |
| Total Noninterest Expense | $7.12M |
| Net Interest Income | $7.67M |
| Pre-tax Net Operating Income | $1.73M |
| Provision for Credit Losses | $430.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $31.80M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $21.35M |
| All Other Liabilities | $6.77M |
| Total Liabilities and Capital | $820.23M |
Securities
| Securities | $95.02M |
| Available-for-sale debt securities | $95.02M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of West Shore Bank?
$820.23M as of the latest filing.
How much are West Shore Bank's total deposits?
$685.52M in total deposits.
Where is West Shore Bank located?
Ludington, MI.
What is the Net Interest Margin?
4.04%.
How many domestic offices does it operate?
9.
When was it established?
07/25/1898.
What is the Return on Assets (ROA)?
0.71%.
How much are total loans and leases?
$633.87M (latest filing).
What is the total interest income (latest filing)?
$11.20M.