BankWest (SD)

BankWest (SD) is headquartered in Pierre and is the 11^st largest bank in the state of South Dakota. It is also the 902^nd largest bank in the nation. It was established in 1889 and as of September of 2011, it had grown to 213 employees at 13 locations. BankWest (SD) has a 3-star health rating.

BankWest (SD) Checking Account Rates

Data for Q3 2011

Institution Statistics BankWest, Inc. FDIC Certificate # 4009 BankRate Report View Year Established 1889 Employees 213 Primary Regulator FDIC Assets and Liabilities Assets $740.15 million Loans $550.55 million Deposits $602.32 million Equity Capital $66.95 million Loan Loss Allowance $8.00 million Unbacked Noncurrent Loans $9.64 million Real Estate Owned $12.66 million Historic Data - September 2010 Assets $742.76 million Equity Capital $61.41 million Loan Loss Allowance $6.95 million Unbacked Noncurrent Loans $5.28 million Real Estate Owned $15.80 million Profit Margin - Quarterly Net Interest Margin 4.86% Return on Assets 1.22% Return on Equity 13.95% Interest Income $32.52 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 BankWest (SD) had $22.3 million in non-current loans and owned real-estate with $74.95 million in equity and loan loss allowances on hand to cover it. This gives BankWest (SD) a Texas Ratio of 29.75% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for BankWest (SD) held steady from 30.84% as of September 30, 2010 to 29.75% as of September 30, 2011, resulting in a positive change of 3.52%.This indicates that the balance sheet and financial strength for BankWest (SD) has held steady in recent periods. Deposit Growth In the past year, BankWest (SD) has increased its total deposits by $541,000, resulting in 0.09% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth BankWest (SD) has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. BankWest (SD) has $740.15 million in assets with $74.95 million in equity, resulting in a capitalization level of 10.13%, which is above average.

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