West Bank is headquartered in WEST DES MOINES and is the 5th largest bank in the state of Iowa. It is also the 334th largest bank in the nation. It was established in 1893 and as of March of 2025, it had grown to 182 employees at 12 locations. West Bank's money market rates are 5X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 15614 |
Year Established | 1893 |
Employees | 182 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.92% |
Return on Equity - YTD | 10.85% |
Annual Interest Income | $46.1MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $3.98B$3.96B |
Loans | Q1 2025vs Q1 2024 | $2.99B$2.95B |
Deposits | Q1 2025vs Q1 2024 | $3.33B$3.07B |
Equity Capital | Q1 2025vs Q1 2024 | $342.7MM$332.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $30.5MM$28.4MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $181K$289K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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1.31% | $0 | $30k | Reward Me Checking |