Ludington, MI · Cert 14929 · West Shore Bank Corp.
State charter, non-member · FDIC · 9 branches
Q2 2026
Market Position · Traverse City, MI · 2026 SOD (annual) · 2.4% share · #9 of 13 inst. · $0.1B of $4.8B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.82% | 0.91% | 0.86% | 0.88% | 0.83% | +1 bps | |
| Return on Equity | 10.18% | 11.03% | 10.21% | 9.58% | 8.99% | -119 bps | |
| Net Interest Margin | 3.50% | 3.55% | 3.52% | 3.65% | 3.69% | +19 bps | |
| Efficiency Ratio | 74.50% | 72.86% | 74.55% | 75.36% | 76.64% | +214 bps | |
| Non-Interest Burden | 2.42% | 2.38% | 2.43% | 2.55% | 2.63% | +21 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.08% | 3.45% | 6.75% | 6.37% | 5.57% | +249 bps | |
| Loan Growth (YoY) | 7.59% | 7.33% | 12.10% | 8.51% | 10.12% | +253 bps | |
| Deposit Growth (YoY) | -3.08% | -0.53% | 4.01% | 5.77% | 10.44% | +1,352 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.06% | 0.06% | 0.27% | 0.27% | 1.24% | +117 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | -2 bps | |
| Allowance / Loans | 0.98% | 0.99% | 0.95% | 0.96% | 0.95% | -3 bps | |
| Allowance Coverage of NPLs | 15.8x | 15.8x | 3.5x | 3.6x | 0.8x | -15.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.91% | 9.49% | 9.39% | 9.55% | 9.85% | +93 bps | |
| Total Risk-Based Capital | 11.52% | 12.76% | 12.53% | 12.73% | 12.62% | +110 bps | |
| Equity / Assets | 8.26% | 8.73% | 9.12% | 9.25% | 9.38% | +113 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 91.83% | 86.52% | 93.35% | 92.21% | 91.56% | -27 bps | |
| Liquid Assets / Assets | 1.64% | 7.69% | 2.90% | 4.14% | 3.47% | +183 bps | |
| CRE / Total Capital | n/a | 419% | 427% | 420% | n/a | n/a | |