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BankHealth

WESTSIDE STATE BANK

WESTSIDE, IOWA · FDIC Cert #18518

C
Health Score
62/100
$216M
Total Assets
$156M
Total Deposits
9.47%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, WESTSIDE STATE BANK holds a Tier 1 capital ratio of 9.47%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning WESTSIDE STATE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.17%
Nonperforming Loans
Low — healthy loan portfolio
12.33%
Liquidity Ratio
Adequate liquidity
0.85%
Return on Assets
Low profitability
$156M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

WESTSIDE STATE BANK shows average financial health. While not alarming, its Health Score of 62/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

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

WESTSIDE STATE BANK has a Bank Health Score of C (62/100). It holds a Tier 1 capital ratio of 9.47%, 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.

WESTSIDE STATE BANK holds $216M in total assets and $156M in total deposits. It is located in WESTSIDE, IOWA (FDIC Certificate #18518).

WESTSIDE STATE BANK has a Tier 1 capital ratio of 9.47%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.17%, and the return on assets is 0.85%.

Yes. WESTSIDE STATE BANK is FDIC-insured (Certificate #18518). 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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