Shell Lake State Bank is a state-chartered bank headquartered in Shell Lake, Wisconsin, in business for about 110 years. At the end of Q2 2026 it reported $361.8M in total assets and $314.2M in deposits, with 5 offices.
Based on its Q2 2026 filing, Shell Lake State Bank scores 85/100, which we describe as very strong. That is higher than 88% of 2,650 banks with $100 million – $1 billion. Among 154 banks headquartered in Wisconsin, it ranks 20th. Its strongest component is problem-loan coverage (100/100; 0.2%), and its lowest is capital cushion (73/100; 12.31%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 3 points (82 → 85), mostly because the earnings component improved by 10 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 78 |
| Q3 2024 | 78 |
| Q4 2024 | 79 |
| Q1 2025 | 82 |
| Q2 2025 | 82 |
| Q3 2025 | 82 |
| Q4 2025 | 80 |
| Q1 2026 | 84 |
| Q2 2026 | 85 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.80% |
| Q3 2024 | 11.58% |
| Q4 2024 | 11.64% |
| Q1 2025 | 11.86% |
| Q2 2025 | 12.00% |
| Q3 2025 | 11.85% |
| Q4 2025 | 11.60% |
| Q1 2026 | 11.99% |
| Q2 2026 | 12.31% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.08% |
| Q3 2024 | 0.13% |
| Q4 2024 | 0.04% |
| Q1 2025 | 0.06% |
| Q2 2025 | 0.06% |
| Q3 2025 | 0.05% |
| Q4 2025 | 0.24% |
| Q1 2026 | 0.06% |
| Q2 2026 | 0.03% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.92% |
| Q3 2024 | 1.01% |
| Q4 2024 | 0.97% |
| Q1 2025 | 1.31% |
| Q2 2025 | 1.24% |
| Q3 2025 | 1.28% |
| Q4 2025 | 1.27% |
| Q1 2026 | 1.53% |
| Q2 2026 | 1.48% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 85 | $361.8M | 12.31% | 0.03% | 1.48% | 75.6% |
| Q1 2026 | 84 | $357.5M | 11.99% | 0.06% | 1.53% | 75.9% |
| Q4 2025 | 80 | $364.7M | 11.60% | 0.24% | 1.27% | 72.1% |
| Q3 2025 | 82 | $363.9M | 11.85% | 0.05% | 1.28% | 72.6% |
| Q2 2025 | 82 | $349.7M | 12.00% | 0.06% | 1.24% | 75.1% |
| Q1 2025 | 82 | $345.8M | 11.86% | 0.06% | 1.31% | 77.1% |
| Q4 2024 | 79 | $345.5M | 11.64% | 0.04% | 0.97% | 75.4% |
| Q3 2024 | 78 | $350.7M | 11.58% | 0.13% | 1.01% | 75.6% |
| Q2 2024 | 78 | $334.9M | 11.80% | 0.08% | 0.92% | 78.1% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Wisconsin
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The First National Bank of BangorBank Bangor, WI | 83 out of 100, Strong | $363.7M | 31.6% | 0.95% | vs |
| West Pointe BankBank Oshkosh, WI | 84 out of 100, Strong | $368.8M | 19.4% | 0.91% | vs |
| Sterling BankBank Barron, WI | 77 out of 100, Strong | $352.4M | 9.4% | 0.02% | vs |
| Waumandee State BankBank Waumandee, WI | 67 out of 100, Moderate | $345.5M | 9.4% | 0.60% | vs |
| First National Community BankBank New Richmond, WI | 71 out of 100, Strong | $345.3M | 9.4% | 0.16% | vs |
| Citizens First BankBank Viroqua, WI | 75 out of 100, Strong | $344.5M | 10.3% | 0.44% | vs |
Deposit insurance
Is my money safe at Shell Lake State Bank?
Yes. Shell Lake State Bank is an FDIC-insured institution (FDIC certificate #14911). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 10.8% of deposits ($33.8M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.31%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
5 locations
Branches
Shell Lake State Bank lists 5 offices in 5 cities. Most locations:
- Hayward, WI (1)
- Minong, WI (1)
- Shell Lake, WI (1)
- Spooner, WI (1)
- Stone Lake, WI (1)
Identity & history
Profile
- Legal name
- Shell Lake State Bank
- Type
- State-chartered bank
- FDIC certificate #
- 14911
- RSSD ID
- 896155
- Primary regulator
- FDIC
- Holding company
- Shell Lake Bcorp Inc
- Established
- November 16, 1916
- Headquarters
- 101 Us Highway 63, Shell Lake, WI 54871
- Website
- www.shelllakestatebank.com
- Employees
- 47
Quick answers
Shell Lake State Bank: common questions
Is Shell Lake State Bank FDIC insured?
Yes. Shell Lake State Bank is an FDIC-insured institution (FDIC certificate #14911). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Shell Lake State Bank's TellerScore?
85 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Shell Lake State Bank ever failed?
There is no failure record for FDIC certificate #14911 in the FDIC failed bank list.
How many branches does Shell Lake State Bank have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Shell Lake
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Indianhead Credit UnionCredit union Spooner, WI | 86 out of 100, Very strong | $101.2M | 15.0% | 0.78% | vs |
| Dairy State BankBank Rice Lake, WI | 80 out of 100, Strong | $730.3M | 12.0% | 0.06% | vs |
| Cumberland Federal Bank, FSBBank Cumberland, WI | 78 out of 100, Strong | $341.6M | 10.1% | 0.19% | vs |
| Westconsin Credit UnionCredit union Menomonie, WI | 78 out of 100, Strong | $2.2B | 12.9% | 0.64% | vs |
| Sterling BankBank Barron, WI | 77 out of 100, Strong | $352.4M | 9.4% | 0.02% | vs |
| Johnson BankBank Racine, WI | 73 out of 100, Strong | $7.1B | 12.3% | 0.23% | vs |