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 Western State Bank
Western State Bank
| RSSD ID 233554 | CERTIFICATE 9123 | ABA NUMBER 91307149 |
| 110 4th St Se |
Quarter Ended : |
2025-03-31 |
| Devils Lake, North Dakota, 58301 |
Updated : |
2025-04-29 |
| www.westernbanks.com |
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| Institution Profile |
| Year Opened : |
1902 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
10 |
Number of Employees : |
291 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,442,258 |
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Total Interest Income | 41,821 |
| Total Liabilities | 2,165,660 |
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Total NonInterest Income | 2,611 |
| Total Bank Equity Capital | 276,598 |
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Total Interest Expense | 14,178 |
| Total Deposits | 2,128,023 |
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Total NonInterest Expense | 14,574 |
| Net Loans & Leases | 2,082,666 |
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Net Income | 8,594 |
| Loan Loss Allowance | 37,105 |
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Net Charge Offs | 1,992 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 305,467 |
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Total loans | 2,085,936 |
| Total assets for the leverage ratio | 2,331,211 |
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Loans secured by real estate: | 944,686 |
| Tier 1 Leverage Ratio | 11.93 |
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Commercial and industrial loans | 1,105,105 |
| Tier 1 Capital Ratio | 12.76 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.01 |
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Loans to individuals - Other | 10,062 |
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:· Western State Bank
