West One Bank

West One Bank is headquartered in Kalispell and is the 57^th largest bank in the state of Montana. It is also the 6,594^th largest bank in the nation. It was established in 2003 and as of March of 2012, it had grown to 13 employees at 2 locations. West One Bank has a 3-star health rating.

West One Bank Routing Number: 092905430

Data for Q1 2012

Institution Statistics West One Bank FDIC Certificate # 57534 BankRate Report View Year Established 2003 Employees 13 Primary Regulator FDIC Assets and Liabilities Assets $42.24 million Loans $28.16 million Deposits $31.16 million Equity Capital $5.24 million Loan Loss Allowance $833,000 Unbacked Noncurrent Loans $931,000 Real Estate Owned $60,000 Historic Data - March 2011 Assets $46.23 million Equity Capital $6.12 million Loan Loss Allowance $960,000 Unbacked Noncurrent Loans $972,000 Real Estate Owned $482,000 Profit Margin - Quarterly Net Interest Margin 4.02% Return on Assets 0.87% Return on Equity 7.16% Interest Income $515,000

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 March 31, 2012 West One Bank had $991,000 in non-current loans and owned real-estate with $6.08 million in equity and loan loss allowances on hand to cover it. This gives West One Bank a Texas Ratio of 16.31% 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 West One Bank decreased slightly from 20.53% as of March 31, 2011 to 16.31% as of March 31, 2012, resulting in a positive change of 20.57%.This indicates that the balance sheet and financial strength for West One Bank has improved slightly in recent periods. Deposit Growth In the past year, West One Bank has decreased its total deposits by -$2.47 million, resulting in -7.34% 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 West One Bank has shown is poor. 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. West One Bank has $42.24 million in assets with $6.08 million in equity, resulting in a capitalization level of 14.38%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.