Westside State Bank

401 First Street
Westside, IA 51467


2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 18518
Date Established 1907
Assets $0.11 billion
Loans $0.09 billion
Deposits $0.08 billion
Capital $0.01 billion

Westside State Bank is an FDIC insured institution located in Westside, IA. It was founded in 1907 and has approximately $0.11 billion in assets. Customers can open an account at one of its 5 branches.

For a more detailed analysis of Westside State Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Westside State Bank’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial and Industrial Loans.

Compared to other banks, Westside State Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 30.73
Credit Card Loans 0.00
Consumer Auto Loans 1.19
Small Business Loans 4.36
Construction and Development Loans 0.38
Commercial Real Estate 4.36
Commercial and Industrial Loans 14.39
Farm Loans 24.68

Deposit Rates - October 17, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.30% $2,500 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $99,999 Learn MoreShow Less
6 Mo CD
0.95% $500 - Learn MoreShow Less

Fixed IRA
1.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.05% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.35% $500 - Learn MoreShow Less

Loan Rates - October 17, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Westside State Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.756% 4.750% 0.13 $170 $1,305 Learn More
Ally Bank
NMLS ID: 181005
4.935% 4.875% 0.25 $1,826 $1,324 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.651% 4.625% -0.13 $872 $1,286 Learn More
PenFed Credit Union
NMLS ID: 401822
4.962% 4.875% 0.00 $2,500 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to Westside State Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Westside State Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Westside State Bank Locations

Financial Details

Westside State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Westside State Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Westside State Bank U.S. Bank Average
0% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, Westside State Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $9,334,000 in equity and $802,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Westside State Bank U.S. Bank Average
9.67% 9.77%

Westside State Bank has a Return on Equity of 9.67% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Westside State Bank U.S. Bank Average
8.83% 12.31%

Westside State Bank has a Capitalization of 8.83% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Westside State Bank Balance Sheet Analysis

As of June 30, 2018, Westside State Bank had assets of $105,659,000, loans of $90,345,000, and deposits of $84,763,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.09 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.10 billion
Total deposits $0.08 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.08 billion
      % insured (estimated) 79.49%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.10 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2018
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Westside State Bank

Branches and Savings

Is Westside State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #18518.

Why does Westside State Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Westside State Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Westside State Bank a commercial bank?


Where are Westside State Bank locations?

See branch locations nearby.

Is Westside State Bank open on Saturdays?

Is Westside State Bank open on Sundays?

What time does Westside State Bank open?

What time does Westside State Bank close?

Are Westside State Bank ATMs Open 24/7?

Do Westside State Bank ATMs accept cash deposits?

Can Westside State Bank customers use other ATMs?

Do Westside State Bank branches have notaries?

Will Westside State Bank notarize my document?

What address for Westside State Bank should I put for incoming ACH transfers?

Will the Westside State Bank branch print checks?

Do Westside State Bank checks expire?

Does Westside State Bank require US citizenship to open account?

Can Westside State Bank close my account?

Does Westside State Bank Report to credit bureaus?

Does Westside State Bank Use Equifax?

What is Westside State Bank's ACH Routing Number?

What is Westside State Bank's SWIFT code?


Does Westside State Bank offer mortgages?

Compare mortgage rates here.

Does Westside State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Westside State Bank offer personal loans?

Compare personal loan rates here.

Does Westside State Bank offer student loans?

Will Westside State Bank cash a check?

Will Westside State Bank redeem a savings bond?

Does Westside State Bank cash savings bonds?

Will Westside State Bank cash money orders?

Can Westside State Bank issue a money order?

Does Westside State Bank do currency exchange?

Background on The Bank

Who owns Westside State Bank?

How long has Westside State Bank been around?

Can Westside State Bank transfer to other banks?

Does Westside State Bank have quick pay?

Does Westside State Bank accept rolled coins?

Will Westside State Bank accept loose change?

Where is Westside State Bank headquarters?

Customer Reviews for Westside State Bank

There are currently no comments for Westside State Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →