West Iowa Bank
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Data as of · sourced from FFIEC call reports. How we update
West Iowa Bank is an FDIC-insured commercial bank headquartered in West Bend, IA, established in 1926 (FDIC certificate 9105), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $222.1M, up 33.8% from Q2 2025, the 131st largest of 225 banks headquartered in Iowa. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.89% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 9105
- Headquarters
- West Bend, IA
- Established
- 1926
- Total assets, Q2 2026
- $222.1M
- Assets vs Q2 2025
- +33.8%
- Tier 1 leverage ratio, Q2 2026
- 11.89%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 073908155
- Latest call report
- Q2 2026, FFIEC 051 · West Iowa Bank call report
- Holding company
- WEST BEND BANCORP.
- Asset rank in state
- 131st of 225 in Iowa
West Iowa Bank is growing quickly. Based in West Bend, Iowa, it had $222 million in assets at June 30, 2026, up 33.8% from a year earlier. It grew its loan book 44.3% over the year, 8.1 times the median of 5.5% for the 2,660 banks with $100 million to $1 billion in assets. It also carries problem assets equal to 0.0% of the capital and reserves that would absorb them, a small fraction of the median of 2.6% for banks its size.
Net income for the quarter rose 28% from a year earlier, to $630,000. Over the same year, loans grew 44.3% and deposits grew 38.2%. Its margin is thin by comparison: it keeps 3.17 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
As of June 30, 2026, West Iowa Bank reported a return on assets of 1.11%, a nonperforming-loan ratio of 0.01% and a Texas ratio of 0.05%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, West Iowa Bank is the 131st largest of the 225 banks headquartered in Iowa. Between Q1 2026 and Q2 2026, its total assets rose 31.2% to $222.1M, loans rose 37.9% and deposits rose 34.0%. Its loan book on June 30, 2026 was led by agricultural production loans, at 30.6% of total loans, followed by farmland and other real estate loans at 25.8%. The FDIC Summary of Deposits lists 6 offices for it, in 6 cities in IA; its West Bend office books 49% of its branch deposits. By the capital ratios in its Q2 2026 call report, West Iowa Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 319 S Broadway Ave, West Bend, IA 50597
- County
- Kossuth
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1926
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 23
- Domestic deposits
- $183.0M
- Allowance for credit losses
- $1.5M
- Net charge-offs (YTD)
- -$10K
- Average total assets
- $227.4M
- Average total loans
- $129.3M
- Average interest-bearing deposits
- $144.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 9105
- Fed RSSD
- 137643
- Website
- http://www.westiowabank.com →
- Parent Holding Company
- WEST BEND BANCORP. (RSSD 1916760)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, West Iowa Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, West Iowa Bank's total assets ran between $162.4M (Q3 2025) and $222.1M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$222.1M total assets against $166.0M; $193.6M total liabilities against $140.9M.
$129.6M net loans and leases against $89.6M; $183.0M total deposits against $132.4M.
$78.3M securities against $67.5M; $3.6M cash and balances due against $2.6M.
$2.4M total interest income against $2.0M; $681K total interest expense against $607K.
$1.7M net interest income against $1.4M.
$72K total noninterest income against $67K; $962K total noninterest expense against $844K.
No provision recorded in the last 12 quarters.
$630K net income against $492K.
1.11% return on assets against 1.15%; 3.17% net interest margin against 3.52%.
11.89% tier 1 leverage ratio against 16.05%.
Inside the full West Iowa Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWest Iowa Bank rankings
Its closest position to the top of a national ranking is 1,121 of 3,606, for efficiency ratio; its furthest is 3,295 of 3,640, for Texas Ratio.
Banks merged into West Iowa Bank
- Home State Bank, effective May 16, 2026
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.11% (Q2 2026) to 2.25% (Q4 2025) and its net interest margin ran from 3.17% (Q2 2026) to 3.61% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.89% | 1.11% | 0.01% | 0.05% | 3.17% |
| Q1 2026 | 17.18% | 1.26% | 0.00% | 0.00% | 3.56% |
| Q4 2025 | 17.04% | 2.25% | 0.00% | 0.00% | 3.55% |
| Q3 2025 | 16.81% | 1.27% | 0.00% | 0.00% | 3.61% |
| Q2 2025 | 16.05% | 1.15% | 0.01% | 0.05% | 3.52% |
| Q1 2025 | 15.80% | 1.14% | 0.31% | 1.15% | 3.31% |
| Q4 2024 | 15.55% | 1.15% | 0.27% | 1.03% | 3.27% |
| Q3 2024 | 14.54% | 1.23% | 0.27% | 1.02% | 3.27% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| West Iowa Bank (main office) | West Bend , IA | 50597 | $89.1M |
| Home State Branch | Royal , IA | 51357 | $47.9M |
| Laurens Branch | Laurens , IA | 50554 | $20.2M |
| Algona Branch | Algona , IA | 50511 | $11.9M |
| Fenton Branch | Fenton , IA | 50539 | $7.1M |
| Bode Branch | Bode , IA | 50519 | $6.8M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| May 16, 2026 | Structure Change | Acquired Home State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 15, 2026 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 1, 1992 | Structure Change | Acquired Home Federal Savings and Loan Association, Federal Association Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in IA, rank 148 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $15K approved, $15K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1998 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about West Iowa Bank
What are West Iowa Bank's total assets?
As of the Q2 2026 filing, West Iowa Bank reported total assets of $222.1 million in its FFIEC call report.
Where is West Iowa Bank headquartered?
It is headquartered in West Bend, IA, United States.
When was West Iowa Bank founded?
It was established in 1926, per the FDIC institution directory.
Is West Iowa Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #9105). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates West Iowa Bank?
West Iowa Bank's primary federal regulator is the FDIC.
How many branches does West Iowa Bank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is West Iowa Bank's Texas Ratio?
Its Texas Ratio is 0.05% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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