The First State Bank of Shelby: how it compares with its peers
Against 19 MT banks with half to twice its assets, The First State Bank of Shelby's strongest measure in Q2 2026 is assets per employee ($11.0M vs. a $6.9M peer median). Its weakest relative measure is net interest margin (2.35% vs. 4.38%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.28% | 1.43% | Bottom third Ahead of 32% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.35% | 4.38% | Bottom third Ahead of 0% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 56.09% | 56.67% | Middle third Ahead of 58% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $11.0M | $6.9M | Top third Ahead of 89% of peers |
| Loans to deposits Net loans and leases over total deposits. | 16.52% | 74.22% | Context |
What it means for lending operations
Its efficiency ratio of 56.09% is better than the 56.67% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Eagle Bank Polson, MT · $180M
- First State Bank of Forsyth Forsyth, MT · $166M
- The First State Bank of Malta Malta, MT · $190M
- The Bank of Baker Baker, MT · $161M
- Freedom Bank Columbia Falls, MT · $157M
- Citizens Bank & Trust Company Big Timber, MT · $155M
Questions about The First State Bank of Shelby
How big is The First State Bank of Shelby?
The First State Bank of Shelby, established in 1910, is headquartered in Shelby, MT. It reported $176M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The First State Bank of Shelby's return on assets?
1.28% annualized in Q2 2026, against a 1.43% median for 19 MT banks with half to twice its assets, ahead of 32% of them.
What is The First State Bank of Shelby's efficiency ratio?
56.09% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 56.67%, and lower is better.
Is The First State Bank of Shelby growing its loans?
Net loans grew 0.4% over the year to Q2 2026, while deposits grew 11.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MT banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Montana bank ranked.