# SHELBY COUNTY STATE BANK
HARLAN, IA · FDIC certificate 1553 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $523.6M | |
| Deposits | $462.9M | |
| Loans and leases | $351.1M | |
| Total equity | $58.7M | |
| Loans / deposits | 74.87% (p35 of band) | 82.04% |
| Liquid assets / assets | 26.59% (p55 of band) | |
| Uninsured deposits / deposits | 16.88% (p18 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.00% (p34 of band) | 10.81% |
| Unrealized securities loss / equity | -10.11% (p43 of band) | -8.10% |
| AOCI / equity | -0.85% (p28 of band) | |
| ROA (annualized) | 1.43% (p60 of band) | 1.28% |
| Net interest margin | 3.99% (p54 of band) | 3.91% |
| Efficiency ratio | 54.30% (p28 of band) | |
| Noncurrent loans | 0.40% (p49 of band) | 0.43% |
| Net charge-offs (annualized) | 0.03% (p69 of band) | |
| Reserve coverage of noncurrent | 314.79% | |
| Real estate % of loans | 54% | |
| Construction % of loans | 6.39% (p11 of band) | |
| Auto loans | $7.4M (2.12% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 0.6% | |
| Employees | 84 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | uninsured deposits leaving |  |
| 2012-06 | 0 |  | uninsured deposits leaving |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | deposits shrinking |  |
| 2015-09 | 0 |  | deposits shrinking |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | reserve under noncurrent |  |
| 2023-03 | 2 | deposits shrinking, assets shrinking | reserve under noncurrent |
| 2023-06 | 1 | uninsured deposits leaving | deposits shrinking, assets shrinking |
| 2023-09 | 2 | securities losses >30% of equity |  |
| 2023-12 | 1 |  | securities losses >30% of equity |
| 2024-03 | 2 | capital falling |  |
| 2024-06 | 1 |  | uninsured deposits leaving |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | capital falling |
| 2025-03 | 0 |  |  |
| 2025-06 | 1 | deposits shrinking |  |
| 2025-09 | 2 | assets shrinking |  |
| 2025-12 | 0 |  | deposits shrinking, assets shrinking |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2016-09-17 [Shelby County State Bank emphasized worker loyalty - The Des Moines Register](https://news.google.com/rss/articles/CBMixAFBVV95cUxPUjZkbFZRUFkwbXVSa0pWNWYyTDE3QjBxWGZaRVIxVlhONHF2ZHZpUWpHMmJJVUduR2ZaTC1BejlSM011dFNkRktaN3lRX1JsYmlFRXpSYTZGWkNzbWU0blBPX2dUZlR1N0ZhVmJUVGx3UFJNQVZSUGtMYktCZXBoSEJ3Yzk5cEhtX2JuNWhFLXlRdEZrUmRYRFZrVWQwYkRwRDU4MjRaMmtyY05YLWhDYmQwZVhLZmZzcHNYdkxpRjB2V3RF?oc=5) · The Des Moines Register
- 2026-08-31 [Northwest Iowa businesses come together to support farmers ahead of harvest - KTIV](https://news.google.com/rss/articles/CBMipAFBVV95cUxOaXM3MWcyOXJRQXZ1TGpVSnpyNF9LQVFwUmdGeXJ2c1lOMk5RSFdpZ1BqTF82eHdLUUxub0RCMW9oSUx6ZHFtMHk0dlpYNDViaGRoUmx1dWU3d2k4MnU5MUh5Zl9mZmlVUmlXbWZ0bExtSC1QeDJHTUUxMUhSR0VXUWFhUm8yby1uZnFDNGkxWC1UV1pLV0VYSllCTlRQa2NCRzB3SdIBuAFBVV95cUxQTGxvMEQteWk0ak9QVEJyVVZfSjJqQXNSVEZGX08yVmFyQ2JScmNSUjBBRzh5a3dqWVFVVURzTkZjdGxvczlDVU1nWXl6MW40bFhxZzZLRm5LQzZ6YjRwV3ZRdUxncWJGanhzTTBhYURGVmpIeUVkQzNtc2thTmZjTXB6cGtUQjdyMF84dnphWXVPTkRRMU0tcHd3TkE0TWE3bEFGdGJ1WWpjX29UcW5takhGUm8xNHJm?oc=5) · KTIV
- 2023-10-03 [Ferdonna Irene Zimmerman Obituary October 3, 2023 - Huebner Funeral Home](https://news.google.com/rss/articles/CBMickFVX3lxTE9uS1hNSVN5VkFTNUNiQmFSOHRQWVVfemlQSFpMdkZnMjk4aERkVUYwSFYzRXJEcDlyTFNKcFRaZmx6ODR3b2RfV3pKdWtMR21WSVdRU256RmIwd0dsTVAxR29NdFN4WFdGal80NHJkREY3Zw?oc=5) · Huebner Funeral Home
- 2012-08-24 [Updated: Authorities find man dead after standoff - KCCI](https://news.google.com/rss/articles/CBMijgFBVV95cUxNaWVyekF5WXZkX2U0S3JiM2xNaEhoQkdQRHZ3Tldmc0F6NUtHR2RlREFMRXQ4cHAyU19DNG5yN2MzdUxVUTRxbXN5a3ZvbDljZUt4bHA3YUZFLWgtU2R1dXU2UV9UNVotVEc5SzFNNVBIeU02Z2psWTBFMjU3ZzJnaTRkQ0Nac3FfRGI2OTNR?oc=5) · KCCI
- 2015-08-05 [One dead, one injured in rollover crash near Shelby, Iowa - KETV](https://news.google.com/rss/articles/CBMilwFBVV95cUxQRGlHTy11bktnNTlRWS1kQjAwbjdyZkpOSTVPdUpUYVEyeFBPTlgtU3pvMXJMbVJsWkxjd0I1b1FhQW1JMmlkZTFzSEtTTWpSYW1RQ2tWQXZkaEMtQV9Dc3pOQUdndWZDTUhQNWVDR3ZPd2UwcnZ0WmoyR2tPOUJsSTdxOUJDRGptTkhBM1hGSUlNQ3dTRE1r?oc=5) · KETV
- 2026-04-15 [Monona County Farm Bureau Hosts 6th Annual Grocery Grab - The Mapleton Press](https://news.google.com/rss/articles/CBMioAFBVV95cUxOVUFBWlVXZ0IzNFhYaWRGaURPNjNLbUJaamZhR1Y1UW50aDVUSjFVd3VsVF9nUWJBX1NINnZWSEtENFctWGJWekN5dGxQbi1pN1k3YzBZTXBPaEtTVXl6MW5TR3dyckh3TjliUWE2M25lQi1CRWJpcjNZUzZHNTlVX3k4cjBZVWI2Y1JQRlFDcnBJSmx4V1U1MC1xb290V1pq?oc=5) · The Mapleton Press
- 2023-10-04 [Hometown History: A schoolhouse from the 1800s, a historic bank and more in Odebolt, IA - KTIV](https://news.google.com/rss/articles/CBMingFBVV95cUxPLW5fYlpsVFFQVE1WaVEwZ0xiLXNsaVdZdFh6S0Q4QXpjcjdIUGNTcFZqY0gyUWRjTnlxTnVvV3FUOERWRWdqN1N2R05JcklkRHhRNVVpb0hWbmdicHhmaURUZjVORzFINUtpZmJpQ0xHU2J0cTFscWN0bUo1WWlGeXpoSVFSN2d6UFFlOC1PTXZIOVNQVVlZejNOMTgtUQ?oc=5) · KTIV
- 2021-11-14 [Joseph Jennings Obituary (1963 - 2021) - Harlan, IA - Omaha World-Herald - Legacy obituary](https://news.google.com/rss/articles/CBMijAFBVV95cUxPNUZMVTJOb1hER1JPNWZXSjEyRFl5bHUwdmFNbVFDYkd3cTFMbVNxVGRuT0hkVFdJY2hsXy1XdDNWQl9wQnJsRFZSalI3QlhDcEdpTklXS0xuSFpqdC1PYzBDLWtSSTNKcjRhNmRaYXJJcGptNmY5OFpQaW5kd3prSHlHWkFUTFZGUzJlYg?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1553 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/17.json (key "1553", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide