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BankHealth

BANKWEST INC

PIERRE, SOUTH DAKOTA · FDIC Cert #4009

B
Health Score
79/100
$1.8B
Total Assets
$1.4B
Total Deposits
10.80%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BANKWEST INC holds a Tier 1 capital ratio of 10.80%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANKWEST INC has a strong buffer to absorb potential losses.

Key Financial Metrics

0.63%
Nonperforming Loans
Low — healthy loan portfolio
28.07%
Liquidity Ratio
Strong — can meet withdrawal demands
0.93%
Return on Assets
Low profitability
$1.4B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BANKWEST INC shows strong financial health indicators. With $1.8B in assets and a Health Score of 79/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

BANKWEST INC has a Bank Health Score of B (79/100). It holds a Tier 1 capital ratio of 10.80%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

BANKWEST INC holds $1.8B in total assets and $1.4B in total deposits. It is located in PIERRE, SOUTH DAKOTA (FDIC Certificate #4009).

BANKWEST INC has a Tier 1 capital ratio of 10.80%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.63%, and the return on assets is 0.93%.

Yes. BANKWEST INC is FDIC-insured (Certificate #4009). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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