BankWest, Inc.
Pierre, SD
IDRSSD: 540551
Total Assets
$1.87B
Latest filing
Total Deposits
$1.57B
Latest filing
Net Interest Margin
3.90%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
BankWest, Inc.
420 S Pierre St
Pierre, SD 57501
Full Service - Brick and Mortar
Updated 11/14/2025Established 08/30/1889FDIC Certificate 2598
Branches (21)
Page 1 of 3| Name | Address | City / State |
|---|---|---|
| BankWest, Inc. (Main) | 420 S Pierre St | Pierre, SD |
| ONIDA BRANCH | 101 S Main St | Onida, SD |
| DELMONT BRANCH | 112 W Main St | Delmont, SD |
| CAPITOL AVENUE BRANCH | 107 S Highland Ave | Pierre, SD |
| HARRISON HILL BRANCH | 1611 N Harrison Ave | Pierre, SD |
| KENNEBEC BRANCH | 213 S. Main St. | Kennebec, SD |
| GREGORY BRANCH | 615 Main St | Gregory, SD |
| FIRST STATE BANK BRANCH | 703 Main Ave | Armour, SD |
Showing 7 of 21
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 08/30/1889 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 57501 |
| State and County Number | 46065 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Pierre, SD |
Operational Info
| Number of Employees | 376 |
| Domestic Offices | 22 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.bankwest-sd.com |
| Data Updated | 11/14/2025 |
| CERT | 4009 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.87B |
| Total Deposits | $1.57B |
| Total Liabilities | $1.72B |
| Total Equity Capital | $148.79M |
| Net Income | $3.21M |
| Net Loans and Leases | $1.32B |
| Assets Per Employee ($Millions) | $5.01M |
| Bank Premises and Fixed Assets | $41.40M |
| Cash and Balances due from Depository Institutions | $18.13M |
| Deposits Held in Domestic Offices | $1.57B |
Key Performance Ratios
| Return on Assets (ROA) | 0.69% |
| Return on Equity (ROE) | 8.8% |
| Net Interest Margin | 3.9% |
| Efficiency Ratio | 79.82% |
| Tier 1 Risk-Based Capital Ratio | 10.111% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.96% |
| Earning Assets to total Assets | 92.78% |
Income and Expense
| Total Interest Income | $27.23M |
| Total Noninterest Income | $4.99M |
| Total Interest Expense | $10.55M |
| Total Noninterest Expense | $17.46M |
| Net Interest Income | $16.68M |
| Pre-tax Net Operating Income | $4.21M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $130.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $27.76M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $23.95M |
| Total Liabilities and Capital | $1.87B |
Securities
| Securities | $386.03M |
| Available-for-sale debt securities | $356.52M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $29.33M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of BankWest, Inc.?
$1.87B as of the latest filing.
How much are BankWest, Inc.'s total deposits?
$1.57B in total deposits.
Where is BankWest, Inc. located?
Pierre, SD.
What is the Net Interest Margin?
3.90%.
How many domestic offices does it operate?
22.
When was it established?
08/30/1889.
What is the Return on Assets (ROA)?
0.69%.
How much are total loans and leases?
$1.32B (latest filing).
What is the total interest income (latest filing)?
$27.23M.