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 Western State Bank
Western State Bank
| RSSD ID 233554 | CERTIFICATE 9123 | ABA NUMBER 91307149 |
| 110 4th St Se |
Quarter Ended : |
2025-09-30 |
| Devils Lake, North Dakota, 58301 |
Updated : |
2025-10-29 |
| 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 : |
11 |
Number of Employees : |
304 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,400,051 |
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Total Interest Income | 131,228 |
| Total Liabilities | 2,101,200 |
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Total NonInterest Income | 7,570 |
| Total Bank Equity Capital | 298,851 |
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Total Interest Expense | 42,125 |
| Total Deposits | 2,028,519 |
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Total NonInterest Expense | 44,207 |
| Net Loans & Leases | 2,152,198 |
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Net Income | 32,292 |
| Loan Loss Allowance | 38,770 |
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Net Charge Offs | 5,352 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 328,098 |
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Total loans | 2,152,407 |
| Total assets for the leverage ratio | 2,386,356 |
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Loans secured by real estate: | 954,922 |
| Tier 1 Leverage Ratio | 12.56 |
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Commercial and industrial loans | 1,156,409 |
| Tier 1 Capital Ratio | 13.28 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.53 |
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Loans to individuals - Other | 10,266 |
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:· Western State Bank
