Overview / Commentary
701-662-4936
110 Fourth Street Se
Devils Lake, ND 58301

Western State Bank is headquartered in Devils Lake and is the 9th largest bank in the state of North Dakota. It is also the 755th largest bank in the nation. It was established in 1902 and as of June of 2018, it had grown to 203 employees at 9 locations. Western State Bank has a B+ health rating.

Related Posts

View all posts from:


Reviews (1)

New Well Account Bank

I closed the checking account I had held for many years. It didn't hold my money, but the money that 4 neighbors and I contributed each month to maintain our well. For a few months we had no financial institution holding our funds, but last week I opened a new checking account for our well funds. It's only used to hold the money and pay the power and write checks for occasional testing or repairs. There isn't a lot of activity on it, and it holds a few thousand dollars. The last repair we had was about 5,000.00 so it is necessary that we have money saved up for this type of thing. Anyway, I wanted to keep the well funds separate from any place where I personally bank (2 banks that are large, nationwide well-known banks.) I chose this small, hometown bank since it offered no-fee checking. I despise dealing with monthly fees or hoops you have to jump through to avoid them. The bank was extremely welcoming and friendly and also attractive inside. I think we'll stay with this bank for many years.



Health
B+

Health Grade Components

Overall
FDIC Certificate #9123
Year Established1902
Employees203
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.79%
Return on Equity - YTD16.81%
Annual Interest Income$30.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$1.02B$999.0MM
LoansQ2 2018vs Q2 2017$915.3MM$853.7MM
DepositsQ2 2018vs Q2 2017$863.3MM$882.1MM
Equity CapitalQ2 2018vs Q2 2017$112.4MM$102.7MM
Loan Loss AllowanceQ2 2018vs Q2 2017$15.3MM$13.4MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$9.9MM$9.7MM
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates

Sorry, we do not have rate data for Western State Bank.

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.