Western State Bank
Major Rating Factors:
A current level of 8.4 percent of nonperforming loans to core capital combined with 5.2 percent from a year earlier contributes to the Fair asset quality (4.9). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.5 and a capital leverage ratio of 12.6. Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 1.8 has resulted in Excellent (9.9) profitability.
Asset Mix:
Comm loans (48%), comm re (17%), home mtgs (8%), cash (5%), securities (2%), home eq lns (1%), consumer loans (0%), other (18%)
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.