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West Shore Bank, Financial Information

AboutWest Shore Bank

 Address:
201 West Loomis Street
Ludington,MI
Mason County,Michigan
 Established:
Jul 1898
 Number of domestic offices:
9
Total assets$558M
Net income$4M
Net income,quarterly$1M
Total deposits$480M
Domestic deposits$480M
Equity capital$47M
ROA0.74%
ROAQ,quarterly0.71%
ROA,pretax0.71%
ROAQ,quarterly,pretax0.86%
ROE8.4%
ROEQ,quarterly8.52%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data