Bank Safety Analysis
Is Western State Bank Safe? Devils Lake, North Dakota
Based on its Q3 2026 call report, Western State Bank meets the community bank leverage ratio test for well capitalized, its Texas ratio is 5.15%, and its deposits are FDIC insured up to $250,000 per depositor.
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Short answer: is Western State Bank safe?
On its Q3 2026 call report, Western State Bank's Community Bank Leverage Ratio is 13.97%, above the 8% threshold that makes a community bank well capitalized.
- CET1 ratio (Q3 2026): not reported (community bank leverage ratio filer)
- Community Bank Leverage Ratio (Q3 2026): 13.97%
- Texas ratio (Q3 2026): 5.15%
- Noncurrent loans ratio (Q3 2026): 0.86%
Western State Bank is an FDIC-insured commercial bank (FDIC Certificate #9123). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Source: the FFIEC call report Western State Bank (FDIC Certificate #9123) filed for the quarter ended September 30, 2026. BankRegReports computes every ratio on this page from that filing.
Context: largest US bank failures.
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Western State Bank passes all 5 scorecard dimensions, but not every risk screen below is clear. 1 risk screen is flagged: loan-to-deposit ratio.
Return on assets rose 0.31 percentage points from Q2 2026 to Q3 2026, ending at 2.34% against 2.02%. It was the largest change among the key lines on this page. Among 60 North Dakota banks, Western State Bank sits 6th from the top on leverage ratio, 13.97% as of Q3 2026. Western State Bank reported 13.97% on leverage ratio for Q3 2026, 3.43 points above the 10.54% median for banks in the $1B-10B asset tier.
From Q4 2023 to Q3 2026, Western State Bank's CET1 ratio ranged between 11.71% (Q4 2023) and 14.28% (Q1 2026) and its Texas ratio ranged between 3.66% (Q4 2023) and 9.46% (Q4 2025). Between Q3 2025 and Q3 2026, Western State Bank's nonperforming loan ratio (nonaccrual plus 90+ days past due) fell from 1.30% to 0.86%, Texas ratio fell from 8.43% to 5.15% and return on assets rose from 2.15% to 2.34%.
By total assets at Q3 2026, Western State Bank is the 7th largest of the 60 banks headquartered in North Dakota. Commercial and industrial loans are its largest loan category, $1.30B of $2.31B in total loans on its September 30, 2026 call report. Against the 941 banks with $1B to $10B in assets for Q3 2026, Western State Bank's community bank leverage ratio of 13.97% is above the 10.54% median, nonperforming loans ratio of 0.86% is above the 0.54% median, Texas ratio of 5.15% is above the 3.95% median, and efficiency ratio of 45.01% is below the 58.15% median.
Data as of · sourced from FFIEC call reports. How we update
An exploratory screening score that ranks relative failure risk across filers. It is not a calibrated probability, not a credit rating, and not a CAMELS rating.
Western State Bank's 12-month failure risk score is <0.01 out of 100, on the model's 1-year horizon. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety. How the failure model was trained and tested.
How does Western State Bank score on capital, credit and costs?
Peer cohort: $1B to $10B (896 banks) · Industry averages as of Q3 2026.
Median of the 941 banks with $1B to $10B in assets, Q3 2026: 10.54%.
Median of the 941 banks with $1B to $10B in assets, Q3 2026: 10.54%.
Median of the 941 banks with $1B to $10B in assets, Q3 2026: 0.54%.
Median of the 941 banks with $1B to $10B in assets, Q3 2026: 3.95%.
Median of the 941 banks with $1B to $10B in assets, Q3 2026: 58.15%.
Does Western State Bank trip any risk screens?
Latest filing (Q3 2026), passing screens included.
| Screen | Value | Result |
|---|---|---|
| CET1 capital ratio supervisory threshold | — | Not reported |
| Texas ratio BankRegReports band | 5.15% | Within range |
| Nonperforming loan ratio BankRegReports band | 0.86% | Within range |
| Uninsured deposit share BankRegReports band | 21.97% | Within range |
| Loan-to-deposit ratio BankRegReports band | 111.01% | Flagged |
| Commercial real estate to capital supervisory threshold | 143.75% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 0.00% | Within range |
Capital ratio: last 10 quarters
| Quarter | CET1 (%) |
|---|---|
| Q1 2026 | 14.28% |
| Q4 2025 | 13.70% |
| Q3 2025 | 13.28% |
| Q2 2025 | 12.77% |
| Q1 2025 | 12.76% |
| Q4 2024 | 12.44% |
| Q3 2024 | 12.21% |
| Q2 2024 | 11.93% |
| Q1 2024 | 12.00% |
| Q4 2023 | 11.71% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q3 2026 | 5.15% |
| Q2 2026 | 5.46% |
| Q1 2026 | 5.17% |
| Q4 2025 | 9.46% |
| Q3 2025 | 8.43% |
| Q2 2025 | 6.96% |
| Q1 2025 | 7.20% |
| Q4 2024 | 8.23% |
| Q3 2024 | 5.22% |
| Q2 2024 | 4.88% |
| Q1 2024 | 4.40% |
| Q4 2023 | 3.66% |
Loans by type, Q3 2026
- Commercial and industrial loans: $1.30B
- Non-owner-occupied commercial real estate loans: $265.8M
- 1-4 family residential loans: $185.9M
- Owner-occupied commercial real estate loans: $169.4M
- Multifamily loans: $153.2M
- Construction and land development loans: $137.4M
- Leases: $36.3M
- Agricultural production loans: $26.8M
How have Western State Bank's safety ratios changed?
| Quarter end | Total assets | Leverage (CBLR) | NPL ratio | Texas ratio | Efficiency |
|---|---|---|---|---|---|
| Sep 30, 2026 | $2.51B | 13.97% | 0.86% | 5.15% | 45.01% |
| Jun 30, 2026 | $2.49B | 13.19% | 0.90% | 5.46% | 46.68% |
| Mar 31, 2026 | $2.59B | 12.70% | 0.85% | 5.17% | 47.35% |
| Dec 31, 2025 | $2.56B | 12.44% | 1.50% | 9.46% | 50.22% |
| Sep 30, 2025 | $2.40B | 12.56% | 1.30% | 8.43% | 44.08% |
| Jun 30, 2025 | $2.41B | 11.90% | 1.03% | 6.96% | 45.10% |
| Mar 31, 2025 | $2.44B | 11.93% | 1.06% | 7.20% | 48.13% |
| Dec 31, 2024 | $2.34B | 11.69% | 1.19% | 8.23% | 46.04% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is Western State Bank FDIC insured?
Yes. Western State Bank is an FDIC-insured commercial bank (FDIC Certificate #9123). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is Western State Bank well capitalized?
On its Q3 2026 call report, Western State Bank's Community Bank Leverage Ratio is 13.97%, above the 8% threshold that makes a community bank well capitalized. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the FDIC, applies.
What are Western State Bank's key safety ratios?
For Q3 2026, Western State Bank reports leverage 13.97%, Texas ratio 5.15%, noncurrent loans 0.86%. Its Texas ratio compares with the 3.95% median for the 941 banks with $1B to $10B in assets.
What happens to my deposits if Western State Bank fails?
For Q3 2026, Western State Bank reported $2.08B in total deposits, 21.97% of them estimated as uninsured. If it failed, the FDIC would pay insured deposits up to $250,000 per depositor.
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Where does this data come from?
Not investment advice. See the full Western State Bank profile.
How we score this
Western State Bank elects the community bank leverage ratio, so it reports no risk-based capital ratios. Under Prompt Corrective Action (12 CFR 324.403) and that framework it is well capitalized above 8% from July 1, 2026 (9% before), with a grace band one point below. Banks that do not elect it are graded on the CET1 ratio and the Tier 1 and total capital ratios.
Every ratio Western State Bank is graded on is inside its pass band. Every ratio's definition, bands and risk screen.
Not a credit rating. Methodology.
Regulator records: FDIC BankFind (cert 9123) · FFIEC NIC profile (RSSD 233554)
Explore: Full Western State Bank profile · Other banks in ND · Metric glossary · How the call report works
Ratio definitions: loan to deposit ratio, net interest margin, efficiency ratio, CET1 ratio, tier 1 capital and PPNR.