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  2. Westside State Bank

Westside State Bank


Overview / Commentary
www.wsbankonline.com
712-292-9182
401 First St
Westside, IA 51467

Westside State Bank is headquartered in WESTSIDE and is the 134th largest bank in the state of Iowa. It is also the 2,938th largest bank in the nation. It was established in 1907 and as of June of 2024, it had grown to 28 employees at 6 locations. Westside State Bank has a B+ health rating.

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Health
B+

Data as of Q2 2024

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Health Grade Components

Overall
FDIC Certificate #18518
Year Established1907
Employees28
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD11.25%
Annual Interest Income$5.8MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$215.6MM$181.1MM
LoansQ2 2024vs Q2 2023$179.7MM$143.5MM
DepositsQ2 2024vs Q2 2023$155.8MM$151.5MM
Equity CapitalQ2 2024vs Q2 2023$15MM$13.4MM
Loan Loss AllowanceQ2 2024vs Q2 2023$1.1MM$1MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$316K$142K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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Locations


Westside State Bank Locations
Halbur Branch103 North Main StreetHalbur, IA 51444
Wall Lake Branch202 West First StreetWall Lake, IA 51466
Westside State Bank401 1st StWestside, IA 51467
Westside State Bank1012 N Us Highway 71Carroll, IA 51401
Vail Branch115 Hwy 30Vail, IA 51465
Bellevue Branch923 Galvin Road South Suite 110Bellevue, NE 68005

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