West Bank
West Bank reported total assets of $4.0 bn at Q2 2026, down 0.7% on a year earlier, the 328th largest of 497 banks in our US coverage. The CET1 capital ratio at West Bank was 13.03%, and the uninsured share of West Bank was 49.50%. Source: FDIC Call Reports.
Key takeaways
- West Bank reports one of the lowest noncurrent loans to total loans readings among banks of $1 bn to $10 bn: 0.00% at , where the median of the 339 banks is 0.58% (FDIC Call Reports).
- On common equity tier 1 (CET1) ratio, West Bank climbed from 315th to 230th among 448 US banks between and (1 = highest; FDIC Call Reports).
- The net interest margin of West Bank, 2.78% at , places West Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 3.66%; FDIC Call Reports).
What sets West Bank apart
- Among the 339 banks of $1 bn to $10 bn, few report a lower net charge-offs to average loans than West Bank, at 0.00% in ; the group median is 0.06%.
How large is West Bank?
The balance sheet of West Bank at : assets $4.0 bn, deposits $3.4 bn, net loans $2.9 bn (loans equal to 87.11% of deposits). Securities make up 11.1% of total assets at West Bank. Since , when West Bank held $1.7 bn, its assets grew 131.4%. In the year to , deposits at West Bank fell 1.3% while its total assets fell 0.7%. At , West Bank employed 190 full-time equivalent staff across 12 offices, about $21.2 mn of assets per employee and $279.3 mn of deposits per office.
How much funding at West Bank is uninsured?
At West Bank, uninsured deposits (above the FDIC limit) made up 49.50% of domestic deposits at (-0.94 pp on a year earlier); West Bank ranks 89th of 500 on this measure. In dollars, West Bank estimated $1.7 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.4 bn | -1.3% | 331st of 499 |
| Net loans and leases | $2.9 bn | -0.5% | 320th of 500 |
| Loan-to-deposit ratio | 87.11% | +0.69 pp | 249th of 500 |
| Tier 1 leverage ratio | 10.79% | +0.43 pp | 196th of 500 |
| Total risk-based capital ratio | 13.97% | +0.76 pp | 257th of 448 |
| Net interest margin | 2.78% | +0.35 pp | 440th of 500 |
| Return on assets (ROA) | 1.19% | +0.27 pp | 316th of 500 |
| Efficiency ratio | 46.33% | -5.99 pp | 94th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $93.4 mn | Narrowed by $21.9 mn | |
| Noncurrent loans to total loans | 0.00% | 0.00 pp | 1st of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.00% | +0.01 pp | 45th of 500 (1 = lowest) |
US rank of West Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
West Bank: assets, deposits and loans
- Total assets $4.0bn
- Deposits $3.4bn
- Net loans $2.9bn
Capital and securities
The CET1 ratio of West Bank stood at 13.03% in , +0.74 pp year on year. Low and high at West Bank since : 9.87% () to 13.03% (). Equity capital of West Bank at : $378.1 mn, or 9.4% of total assets. West Bank also reported a total capital ratio of 13.97% for , and a tier 1 leverage ratio of 10.79%.
The available-for-sale portfolio of West Bank showed an unrealized loss of $93.4 mn at ; the loss narrowed by $21.9 mn over the year.
West Bank: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 11%
West Bank: unrealized securities gains and losses
- Available for sale -$93mn
- Held to maturity $0
Profitability and loan quality
For the year to , West Bank earned a return on equity of 13.02%; return on assets: 1.19%. Net interest margin at West Bank: 2.78%, +0.35 pp in a year. West Bank net income: $24.2 mn, up 30.8% year on year. The efficiency ratio of West Bank was 46.33%: about 46 cents cost per revenue dollar, against 54 cents at the median peer.
At , noncurrent loans were 0.00% of total loans at West Bank; net charge-offs: 0.00% of average loans. Gross loans and leases at West Bank: $3.0 bn, down 0.5% in a year.
West Bank: profitability
- Return on equity 13%
- Net interest margin 2.8%
- Return on assets 1.2%
Peer group of West Bank
The peer group of West Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of West Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Iowa. Against them, West Bank shows CET1 ratio 13.03% against a peer median of 13.25%, return on equity 13.02% against a peer median of 9.49% and uninsured deposit share 49.50% against a peer median of 40.47%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| First Bank | State nonmember bank | NJ | $4.1 bn | 10.89% | 8.25% | 39.35% | |
| Gate City Bank | Federal savings bank | ND | $4.0 bn | not reported | 9.30% | 10.91% | |
| Spencer Savings Bank, SLA | State-chartered stock savings and loan association | NJ | $4.0 bn | 16.80% | 5.41% | 41.60% | |
| West Bank | State nonmember bank | IA | $4.0 bn | 13.03% | 13.02% | 49.50% | |
| California Bank of Commerce | National bank | CA | $4.0 bn | 13.93% | 9.68% | 50.40% | |
| Union Savings Bank | State-chartered stock savings and loan association | OH | $4.0 bn | not reported | 19.84% | 13.45% | |
| River Bank & Trust | State nonmember bank | AL | $4.0 bn | 12.57% | 16.87% | 42.89% | |
. FDIC Call Reports.
Last eight quarters
Two years at West Bank, to : assets +1.0%, deposits +2.1%, equity +10.4%. Staff 181 to 190.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.0 bn | $4.0 bn | $4.0 bn | $4.1 bn | $4.0 bn | $4.1 bn | $4.0 bn | $4.0 bn |
| Total deposits | $3.3 bn | $3.4 bn | $3.3 bn | $3.4 bn | $3.3 bn | $3.5 bn | $3.3 bn | $3.4 bn |
| Bank equity capital | $342.6 mn | $333.7 mn | $342.7 mn | $344.3 mn | $356.9 mn | $366.2 mn | $369.4 mn | $378.1 mn |
| CET1 ratio | 11.86% | 11.95% | 11.99% | 12.29% | 12.26% | 12.44% | 12.61% | 13.03% |
| Return on equity (ROE) | 8.42% | 8.83% | 10.85% | 10.86% | 11.26% | 10.84% | 12.89% | 13.02% |
| Uninsured share of domestic deposits | 44.96% | 46.49% | 44.02% | 50.45% | 49.52% | 50.22% | 49.08% | 49.50% |
| Full-time equivalent employees | 181 | 184 | 182 | 189 | 185 | 191 | 190 | 190 |
| Number of offices | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by West Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of West Bank?
West Bank reported $4.0 bn at in its Call Report. That makes West Bank the 328th largest of 497 banks in our US coverage.
Is West Bank the same as its holding company?
No. This page covers West Bank, FDIC certificate 15614; WEST BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is West Bank profitable?
West Bank reported net income of $24.2 mn for the year to ; annualized return on equity: 13.02%. So yes: West Bank made a profit over these months.
When is data for West Bank next updated?
Figures from West Bank for are due after .
Where can I check the figures for West Bank?
In the FDIC BankFind Suite record for certificate 15614, and in the Call Reports of West Bank (RSSD ID 139740) at the FFIEC Central Data Repository.