Westside State Bank

Westside, IA
IDRSSD: 972143
Total Assets
$248.31M
Latest filing
Total Deposits
$184.08M
Latest filing
Net Interest Margin
3.97%
Profitability

Locations

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Main Office
Westside State Bank
401 1st St
Westside, IA 51467
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/01/1907FDIC Certificate 12410

Branches (5)

Page 1 of 1
NameAddressCity / State
Westside State Bank (Main)401 1st StWestside, IA
VAIL BRANCH115 Highway 30Vail, IA
HALBUR BRANCH103 N Main StHalbur, IA
WALL LAKE BRANCH202 W 1st StWall Lake, IA
WESTSIDE STATE BANK1012 N Us Highway 71Carroll, IA
BELLEVUE BRANCH923 Galvin Rd SBellevue, NE
Showing 5 of 5

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 Date06/01/1907
Community BankYes
Ownership TypeNot Mutual
ZIP51467
State and County Number19047
Subchapter S CorporationsYes
Trust PowersTrust Powers Grandfathered
Federal Reserve ID Number07
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 Employees28
Domestic Offices6
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance05/03/1962
Primary Insurance AgencyDIF
Websitewww.westsidestate.bank
Data Updated11/14/2025
CERT18518
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$248.31M
Total Deposits$184.08M
Total Liabilities$228.74M
Total Equity Capital$19.58M
Net Income$952.00k
Net Loans and Leases$219.24M
Assets Per Employee ($Millions)$8.28M
Bank Premises and Fixed Assets$3.61M
Cash and Balances due from Depository Institutions$3.58M
Deposits Held in Domestic Offices$184.08M

Key Performance Ratios

Return on Assets (ROA)1.54%
Return on Equity (ROE)19.97%
Net Interest Margin3.97%
Efficiency Ratio56.74%
Tier 1 Risk-Based Capital Ratio10.505%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.15%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.884%
Earning Assets to total Assets95.2%

Income and Expense

Total Interest Income$3.97M
Total Noninterest Income$169.00k
Total Interest Expense$1.66M
Total Noninterest Expense$1.41M
Net Interest Income$2.31M
Pre-tax Net Operating Income$981.00k
Provision for Credit Losses$90.00k
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$43.51M
Federal Funds Sold & Reverse Repurchase Agreement$627.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.14M
Total Liabilities and Capital$248.31M

Securities

Securities$14.34M
Available-for-sale debt securities$12.27M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$2.07M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Westside State Bank?
$248.31M as of the latest filing.
How much are Westside State Bank's total deposits?
$184.08M in total deposits.
Where is Westside State Bank located?
Westside, IA.
What is the Net Interest Margin?
3.97%.
How many domestic offices does it operate?
6.
When was it established?
06/01/1907.
What is the Return on Assets (ROA)?
1.54%.
How much are total loans and leases?
$219.24M (latest filing).
What is the total interest income (latest filing)?
$3.97M.