Shell Lake State Bank
Shell Lake, WI · Owner: Shell Lake Bcorp Inc
$362M
total assets, June 30, 2026
$362M
total assets, June 30, 2026
Shell Lake State Bank is a state nonmember bank based in Shell Lake, WI, owned by Shell Lake Bcorp Inc. As of June 30, 2026 it held $361.8 million in assets and $314.2 million in deposits; assets were up 3.5% from a year before. It has 5 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$362M
+3.5% in a year · +1.2% in a quarter
Deposits
$314M
+5.2% in a year · +1.4% in a quarter
Loans
$241M
+6.1% in a year · +1.0% in a quarter
Profit so far
$2.7M
Jan 1 to Jun 30, 2026 · +24.7% in a year
Capital ratio
12.31%
+0.31 pts in a year
Return on assets
1.48%
+0.24 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 101 Us Highway 63, Shell Lake, WI, 54871
- County
- Washburn
- Holding company
- Shell Lake Bcorp Inc
- Established
- Nov 16, 1916
- Employees
- 47
- Branches
- 5
- Website
- www.shelllakestatebank.com
- Id
- b14911
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
5 offices as of June 30, 2026, holding $314.2 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Wisconsin | 5 | $314M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Spooner Branch | Spooner, WI | $125M |
| Shell Lake State Bank (main office) | Shell Lake, WI | $109M |
| Minong Wi Branch | Minong, WI | $32.2M |
| Shell Lake State Bank - Hayward Branch | Hayward, WI | $26.9M |
| Stone Lake Wi Branch | Stone Lake, WI | $20.5M |
Related pages
Questions and answers
How big is Shell Lake State Bank?
$361.8 million in total assets and $314.2 million in deposits as of June 30, 2026, with assets up 3.5% from a year before. Its loans were $240.8 million.
How many branches does Shell Lake State Bank have?
5 branches in Wisconsin as of June 30, 2026.
Is Shell Lake State Bank profitable?
Yes: it earned $2.68 million from January 1 to June 30, 2026 (up 24.7% from the same months a year before). Its return on assets was 1.48% a year; about 1% is typical.
Who owns Shell Lake State Bank?
Shell Lake State Bank is owned by Shell Lake Bcorp Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.