Western State Bank: Asset Quality
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Data as of · Call Report Schedules RC-N and RI-B How we update
On its Q3 2026 filing, Western State Bank reported 31 of the 33 line items on this page. It did not report credit card noncurrent rate and net charge-offs, credit cards. Nonperforming loans to total loans was 0.86% in Q3 2026, down 0.44 percentage points from 1.30% in Q3 2025. Across the 12 quarters shown it ranged from 0.51% (Q4 2023) to 1.50% (Q4 2025).
Reserve coverage of nonperforming loans climbed 3.73 percentage points in Q3 2026, from 198.76% to 202.50%. It was the largest change from Q2 2026 among the key lines here. Western State Bank's nonperforming loan ratio (nonaccrual plus 90+ days past due) of 0.86% is the 24th-highest of the 60 banks headquartered in North Dakota (Q3 2026), which puts it in the weaker half on this measure. Western State Bank's nonperforming loan ratio (nonaccrual plus 90+ days past due) of 0.86% is well above the 0.54% median for banks in the $1B-10B asset tier, a gap of 0.32 points (Q3 2026).
Nonperforming assets
Largest change in this table: nonaccrual loans to loans, down 0.11 points to 0.78% in Q3 2026 after 0.89% in Q2 2026.
| Line item | Q3 2026 |
|---|---|
| Nonperforming loans to total loans | 0.86% |
| Nonaccrual loans to loans | 0.78% |
| Loans 90+ days past due to loans | 0.07% |
| Nonperforming assets ratio | 0.79% |
| Nonperforming assets to total assets | 0.79% |
| Other real estate owned | $0 |
| Other real estate owned to assets | 0.00% |
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Reserves and coverage
| Line item | Q3 2026 |
|---|---|
| Allowance for credit losses on loans | $40.2M |
| Allowance to total loans | 1.74% |
| Reserve coverage of nonperforming loans | 202.50% |
| Reserve coverage of nonperforming assets | 202.50% |
| Provision for credit losses | $2.2M |
Commercial real estate credit
Largest change in this table: commercial property loans on nonaccrual, down 23.4% to $5.9M in Q3 2026 after $7.7M in Q2 2026.
| Line item | Q3 2026 |
|---|---|
| Multifamily loans on nonaccrual | $0 |
| Multifamily nonaccrual rate | 0.00% |
| Multifamily noncurrent rate | 0.00% |
| Multifamily loans past due or nonaccrual | $0 |
| Commercial property loans on nonaccrual | $5.9M |
| Commercial property nonaccrual rate | 1.36% |
| Commercial property noncurrent rate | 1.74% |
| Commercial property loans past due or nonaccrual | $7.6M |
| Construction and land loans on nonaccrual | $0 |
| Construction and land nonaccrual rate | 0.00% |
Nonaccrual loans have stopped accruing interest. Noncurrent adds loans 90 or more days past due and still accruing. Past due and nonaccrual adds loans 30 or more days late, which includes loans past their maturity date and not repaid. Rates are over each property type's own loan balance.
Charge-offs
Net charge-off ratio changed the most here, up 0.12 points to 0.42% in Q3 2026 from 0.30% in Q2 2026.
| Line item | Q3 2026 |
|---|---|
| Net charge-off ratio | 0.42% |
| Net charge-offs to average loans | 0.42% |
| Net charge-offs, credit cards | — |
| Net charge-offs, automobile loans | 0.00% |
| Net charge-offs, consumer | 0.04% |
| Net charge-offs, construction and development | 0.00% |
| Net charge-offs, multifamily | 0.00% |
Capital at risk
Largest change in this table: nonperforming assets to equity, down 0.38 points to 5.75% in Q3 2026 after 6.13% in Q2 2026.
| Line item | Q3 2026 |
|---|---|
| Texas ratio | 5.15% |
| Nonperforming assets to equity | 5.75% |
| Nonperforming assets to tangible equity and reserves | 5.15% |
Asset Quality trend
Above 100% means reserves fully cover recognized nonperforming loans.
A line with no points means the bank holds no loans of that type.
Readings above 100% have historically signaled acute distress.
Asset Quality by quarter
| Quarter | NPL ratio | Net charge-off ratio | Reserve coverage | Multifamily | Commercial property |
|---|---|---|---|---|---|
| Q4 2023 | 0.51% | 0.23% | 328.79% | 0.00% | 0.58% |
| Q1 2024 | 0.58% | 0.24% | 291.96% | 0.00% | 0.38% |
| Q2 2024 | 0.68% | 0.25% | 248.69% | 0.00% | 0.36% |
| Q3 2024 | 0.75% | 0.57% | 225.29% | 0.00% | 0.32% |
| Q4 2024 | 1.19% | 1.09% | 139.33% | 0.00% | 0.32% |
| Q1 2025 | 1.06% | 0.38% | 164.39% | 0.00% | 3.28% |
| Q2 2025 | 1.03% | 0.28% | 170.62% | 0.00% | 3.23% |
| Q3 2025 | 1.30% | 0.35% | 136.20% | 3.33% | 3.09% |
| Q4 2025 | 1.50% | 0.39% | 120.21% | 3.48% | 1.91% |
| Q1 2026 | 0.85% | 0.25% | 213.03% | 0.00% | 1.86% |
| Q2 2026 | 0.90% | 0.30% | 198.76% | 0.00% | 1.85% |
| Q3 2026 | 0.86% | 0.42% | 202.50% | 0.00% | 1.36% |
Western State Bank asset quality, quarter by quarter
Asset Quality since Q3 2021 · peer percentiles on every line item · watchlist alerts
Unlock this bank, freeSource: Call Report Schedules RC-N and RI-B, Q3 2026. Open the filed call report for Q3 2026 on the FFIEC CDR. How this page is built. See the full Western State Bank profile or its peer group comparison.
Regulator records: FDIC BankFind (cert 9123) · FFIEC NIC profile (RSSD 233554)