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Western State Bank
Devils Lake, ND · FDIC Certificate #9123 · Chartered 10/0
Total assets
$2.49B
Total deposits
$2.11B
Total equity
$332.06M
Net loans
$2.21B
Branches (offices)
10
Net income (YTD)
$25.52M
Rank: #504 of 4,213 U.S. banks by assets · #7 of 60 in North Dakota. Assets changed 3.0% and deposits 2.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 2.01% |
| Return on equity | 15.90% |
| Net interest margin (YTD) | 5.33% |
| Equity to assets | 13.36% |
| Tier 1 leverage ratio | 13.19% |
| Uninsured deposits (share of deposits) | 22.1% |
| Noncurrent loans (share of loans) | 0.90% |
| Net charge-offs (share of loans) | 0.28% |
| Loans to deposits | 104.8% |
| Real estate loans (share of loans) | 41.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $911.18M | 41.2% | |
| Commercial & industrial | $1.26B | 57.1% | |
| Consumer / individual | $9.82M | 0.4% | |
| Construction & development | $134.53M | 6.1% | |
| Agricultural | $28.97M | 1.3% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.76B | $1.50B | $19.63M | $196.42M |
| Jun 2023 | $1.97B | $1.68B | $15.26M | $223.03M |
| Jun 2024 | $2.23B | $1.93B | $17.99M | $251.45M |
| Jun 2025 | $2.41B | $2.07B | $19.45M | $285.75M |
| Jun 2026 | $2.49B | $2.11B | $25.52M | $332.06M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Arizona | $1.11B | 7 |
| North Dakota | $997.48M | 3 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $2.11B.
Similar-sized banks
Esquire Bank, National Association ($2.49B) · Texasbank ($2.48B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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