Western State Bank

Devils Lake, ND
IDRSSD: 233554
Total Assets
$2.56B
Latest filing
Total Deposits
$2.19B
Latest filing
Net Interest Margin
5.21%
Profitability

Key People

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Locations

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Main Office
Western State Bank
110 4th St Se
Devils Lake, ND 58301
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/01/1902FDIC Certificate 5841

Branches (10)

Page 1 of 2
NameAddressCity / State
Western State Bank (Main)110 4th St SeDevils Lake, ND
WEST FARGO BRANCH755 13th Ave EWest Fargo, ND
CHANDLER, AZ BRANCH976 W Chandler BlvdChandler, AZ
CASA GRANDE BRANCH1412 E Florence BlvdCasa Grande, AZ
SUN CITY BRANCH10050 W Bell RdSun City, AZ
SUN CITY WEST BRANCH19440 N R H Johnson BlvdSun City West, AZ
CENTRAL ARIZONA BANK BRANCH7001 N Scottsdale RdScottsdale, AZ
MESA, AZ BRANCH5901 E Mckellips RdMesa, AZ
Showing 7 of 10

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 Date10/01/1902
Community BankYes
Ownership TypeNot Mutual
ZIP58301
State and County Number38071
Subchapter S CorporationsNo
Trust PowersN/A
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 NameN/A

Operational Info

Number of Employees304
Domestic Offices10
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.westernbanks.com
Data Updated01/30/2026
CERT9123
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.56B
Total Deposits$2.19B
Total Liabilities$2.25B
Total Equity Capital$309.70M
Net Income$11.13M
Net Loans and Leases$2.17B
Assets Per Employee ($Millions)$8.02M
Bank Premises and Fixed Assets$29.15M
Cash and Balances due from Depository Institutions$254.09M
Deposits Held in Domestic Offices$2.19B

Key Performance Ratios

Return on Assets (ROA)1.8%
Return on Equity (ROE)14.64%
Net Interest Margin5.21%
Efficiency Ratio50.26%
Tier 1 Risk-Based Capital Ratio13.698%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.55%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.105%
Earning Assets to total Assets96.44%

Income and Expense

Total Interest Income$45.55M
Total Noninterest Income$2.50M
Total Interest Expense$14.42M
Total Noninterest Expense$16.90M
Net Interest Income$31.13M
Pre-tax Net Operating Income$13.34M
Provision for Credit Losses$3.38M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$5.36M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$49.35M
Total Liabilities and Capital$2.56B

Securities

Securities$64.47M
Available-for-sale debt securities$64.34M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Western State Bank?
$2.56B as of the latest filing.
How much are Western State Bank's total deposits?
$2.19B in total deposits.
Where is Western State Bank located?
Devils Lake, ND.
What is the Net Interest Margin?
5.21%.
How many domestic offices does it operate?
10.
When was it established?
10/01/1902.
What is the Return on Assets (ROA)?
1.8%.
How much are total loans and leases?
$2.17B (latest filing).
What is the total interest income (latest filing)?
$45.55M.