Western State Bank
Major Rating Factors:
A current level of 9.5 percent of nonperforming loans to core capital combined with 8.5 percent from a year earlier contributes to the Fair asset quality (4.8). Operating profits as a percentage of assets at 2.3%, coupled with a return on assets of 1.8 has resulted in Excellent (9.6) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 15.0 and a capital leverage ratio of 12.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Asset Mix:
Comm loans (47%), comm re (16%), cash (10%), home mtgs (7%), securities (3%), home eq lns (1%), consumer loans (0%), other (17%)
States with Branches:
AZ, ND
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Western State Agency, Inc.
Investment Rating
--
Address
110 Fourth Street, SE
Devils Lake, ND 58301
Devils Lake, ND 58301
Phone Number
(701) 662-4936
Year Founded
1902
FDIC Number
Website
Largest Affiliates
No affiliate information available.