Western State Bank is an FDIC insured institution headquartered at
110 4th St Se, Devils Lake, ND 58301.
It was founded in
1902 and has approximately $2 billion in assets. Customers can open an account at one of its 13 branches.
Tap into your home's equity & access the funds you need with a HELOC
Apply online or speak with a specialist
No application, origination & appraisal fees on lines up to $500K[3]
On average, access funds within 35 days[5]
Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Overview 2026
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 9123
Date Established
1902
Assets
$ 2.40 billion
Loans
$ 2.15 billion
Deposits
$ 2.03 billion
Capital
$ 298.85 million
Summary Balance Sheet as of September 30, 2025
ASSETS
Cash & Balances due from depository institutions
$ 123.86 million
Interest-bearing balances
$ 99.94 million
Total securities
$ 57.42 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 2.15 billion
Loan loss allowance
$ 38.77 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
$ 1.05 million
All other assets
$ 16.57 million
Total Assets
$ 2.10 billion
LIABILITIES
Total deposits
$ 2.03 billion
Interest-bearing deposits
$ 1,667.50 million
Deposits held in domestic offices
$ 2.03 billion
% insured (estimated)"
79.44%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 34.50 million
Subordinated debt
N.A.
All other liabilities
$ 27.61 millionn
Total Liabilities
$ 2.10 billion
Shareholders’ Equity
$ 298.85 million
Summary Income Statement as of September 30, 2025
INCOME AND EXPENSES
Total Interest Income
$ 131.23 million
Total Interest Expense
$ 42.13 million
Net interest income
$ 89.10 million
Provision for loan and lease losses
$ 9.54 million
Total non interest income
$ 7.57 million
Total non interest expense
$ 44.21 million
Pre-tax Net Operating Income
$ 26.14 million
Customer Reviews for Western State Bank (1)
Rated 5.00 stars out of 5 - based on 1 reviews
Yeller
January 4, 2023 |
I've been a customer for many years. The folks are always really helpful. Just a great bank all around. I am not entirely sure about Western States as an online bank, might be hesitant to do business with them if I couldn't get to a branch.
Branches
Click on location and enter new zip number to change."
Your current location is: New York City, NY
Yeller
January 4, 2023 |
I've been a customer for many years. The folks are always really helpful. Just a great bank all around. I am not entirely sure about Western States as an online bank, might be hesitant to do business with them if I couldn't get to a branch.