BankWest, Inc.

Pierre, SD
IDRSSD: 540551
Total Assets
$1.89B
Latest filing
Total Deposits
$1.58B
Latest filing
Net Interest Margin
4.19%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

091400538PIERRE, SD

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
BankWest, Inc.
420 S Pierre St
Pierre, SD 57501
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/30/1889FDIC Certificate 2598

Branches (21)

Page 1 of 3
NameAddressCity / State
BankWest, Inc. (Main)420 S Pierre StPierre, SD
ONIDA BRANCH101 S Main StOnida, SD
DELMONT BRANCH112 W Main StDelmont, SD
CAPITOL AVENUE BRANCH107 S Highland AvePierre, SD
HARRISON HILL BRANCH1611 N Harrison AvePierre, SD
KENNEBEC BRANCH213 S. Main St.Kennebec, SD
GREGORY BRANCH615 Main StGregory, SD
FIRST STATE BANK BRANCH703 Main AveArmour, 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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date08/30/1889
Community BankYes
Ownership TypeNot Mutual
ZIP57501
State and County Number46065
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NamePierre, SD

Operational Info

Number of Employees373
Domestic Offices22
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.bankwest-sd.com
Data Updated01/30/2026
CERT4009
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.89B
Total Deposits$1.58B
Total Liabilities$1.74B
Total Equity Capital$155.94M
Net Income$4.53M
Net Loans and Leases$1.35B
Assets Per Employee ($Millions)$5.21M
Bank Premises and Fixed Assets$41.19M
Cash and Balances due from Depository Institutions$23.44M
Deposits Held in Domestic Offices$1.58B

Key Performance Ratios

Return on Assets (ROA)0.96%
Return on Equity (ROE)11.88%
Net Interest Margin4.19%
Efficiency Ratio73.34%
Tier 1 Risk-Based Capital Ratio10.237%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.05%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.241%
Earning Assets to total Assets92.63%

Income and Expense

Total Interest Income$28.42M
Total Noninterest Income$5.34M
Total Interest Expense$10.14M
Total Noninterest Expense$17.48M
Net Interest Income$18.28M
Pre-tax Net Operating Income$5.91M
Provision for Credit Losses$222.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$3.02M
Other borrowed funds$130.00M
Federal Funds Sold & Reverse Repurchase Agreement$15.15M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$21.68M
Total Liabilities and Capital$1.89B

Securities

Securities$379.59M
Available-for-sale debt securities$351.58M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$27.87M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of BankWest, Inc.?
$1.89B as of the latest filing.
How much are BankWest, Inc.'s total deposits?
$1.58B in total deposits.
Where is BankWest, Inc. located?
Pierre, SD.
What is the Net Interest Margin?
4.19%.
How many domestic offices does it operate?
22.
When was it established?
08/30/1889.
What is the Return on Assets (ROA)?
0.96%.
How much are total loans and leases?
$1.35B (latest filing).
What is the total interest income (latest filing)?
$28.42M.