Westside State Bank
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Data as of · sourced from FFIEC call reports. How we update
Westside State Bank is an FDIC-insured commercial bank headquartered in Westside, IA, established in 1907 (FDIC certificate 18518), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $268.7M, up 9.5% from Q2 2025, the 120th largest of 225 banks headquartered in Iowa. Its CET1 capital ratio was 12.29% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 18518
- Headquarters
- Westside, IA
- Established
- 1907
- Total assets, Q2 2026
- $268.7M
- Assets vs Q2 2025
- +9.5%
- CET1 ratio, Q2 2026
- 12.29%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 073913580
- Latest call report
- Q2 2026, FFIEC 051 · Westside State Bank call report
- Holding company
- HALBUR BANCSHARES, INC.
- Asset rank in state
- 120th of 225 in Iowa
Problem loans are rising at Westside State Bank. The Westside, Iowa bank had $269 million in assets at June 30, 2026, up 9.5% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.57% of loans from 0.20% a year earlier. It funds 8.82% of its assets with Tier 1 capital, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 10.99%). It also carries problem assets equal to 14.6% of the capital and reserves that would absorb them, 5.5 times the median of 2.6% for banks its size.
The commercial and industrial book ($47 million) is worsening: 6.93% of it is past due or on nonaccrual, up from 0.59% a year earlier. Deposits are coming in faster than loans: over the year loans rose 12.7% and deposits rose 15.7%. Funding is the softer spot: it pays an average of 2.66% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, Westside State Bank reported a CET1 capital ratio of 12.29%, a return on assets of 1.14%, a nonperforming-loan ratio of 1.57% and a Texas ratio of 14.57%. The figures come from its call report filed with the FFIEC.
Westside State Bank ranks as the 120th largest of the 225 banks based in Iowa, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 3.6% to $268.7M, loans rose 1.1% and deposits rose 9.3%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 45.3% of total loans, followed by commercial and industrial loans at 19.9%. Its 6 offices in the FDIC Summary of Deposits are in 6 cities across 2 states; its Westside office books 38% of its branch deposits. By the capital ratios in its Q2 2026 call report, Westside State Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 401 1st St, Westside, IA 51467
- County
- Crawford
- Metro Area
- Carroll, IA
- 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
- Trust powers grandfathered
- Call Report form
- FFIEC 051
- Established
- June 1, 1907
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 33
- Domestic deposits
- $208.4M
- Allowance for credit losses
- $2.0M
- Net charge-offs (YTD)
- $59K
- Average total assets
- $269.5M
- Average total loans
- $232.1M
- Average interest-bearing deposits
- $168.1M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- May 3, 1962
- FDIC Cert
- 18518
- Fed RSSD
- 972143
- Website
- www.westsidestate.bank →
- Parent Holding Company
- HALBUR BANCSHARES, INC. (RSSD 1209024)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Westside State Bank's total assets moved between a low of $187.2M (Q3 2023) and a high of $268.7M (Q2 2026) from Q3 2023 to 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
$268.7M total assets against $245.5M; $244.5M total liabilities against $226.9M.
$233.2M net loans and leases against $207.4M; $208.4M total deposits against $180.1M.
$13.0M securities against $15.7M; $12.8M cash and balances due against $12.7M.
$4.2M total interest income against $3.6M; $1.7M total interest expense against $1.4M.
$2.5M net interest income against $2.2M.
$137K total noninterest income against $116K; $1.7M total noninterest expense against $1.4M.
$180K provision for credit losses against $90K.
$771K net income against $788K.
1.14% return on assets against 1.34%; 3.89% net interest margin against 3.87%.
12.29% CET1 capital ratio against 10.41%; 8.82% tier 1 leverage ratio against 7.81%.
Inside the full Westside State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Westside State Bank rankings
Its closest position to the top of a national ranking is 328 of 3,640, for Texas Ratio; its furthest is 1,617 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.01% (Q4 2024) to 1.53% (Q3 2025) and its net interest margin ran from 3.35% (Q3 2024) to 3.96% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.29% | 1.14% | 1.57% | 14.57% | 3.89% |
| Q1 2026 | 10.71% | 1.25% | 1.38% | 14.71% | 3.94% |
| Q4 2025 | 10.59% | 1.04% | 0.18% | 1.97% | 3.96% |
| Q3 2025 | 10.51% | 1.53% | 0.11% | 1.18% | 3.91% |
| Q2 2025 | 10.41% | 1.34% | 0.20% | 2.19% | 3.87% |
| Q1 2025 | 10.31% | 1.20% | 0.08% | 0.92% | 3.93% |
| Q4 2024 | 10.16% | 1.01% | 0.10% | 1.08% | 3.40% |
| Q3 2024 | 10.01% | 1.02% | 0.13% | 1.41% | 3.35% |
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 |
|---|---|---|---|
| Westside State Bank (main office) | Westside , IA | 51467 | $79.0M |
| Westside State Bank (main office) | Carroll , IA | 51401 | $47.5M |
| Wall Lake Branch | Wall Lake , IA | 51466 | $32.0M |
| Halbur Branch | Halbur , IA | 51444 | $27.4M |
| Bellevue Branch | Bellevue , NE | 68005 | $22.6M |
| Vail Branch | Vail , IA | 51465 | $0 |
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 |
|---|---|---|---|
| March 31, 2005 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 31, 2005 | Structure Change | Acquired West Side State Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in IA, rank 146 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 131 applications, 129 loans originated, $26.1M originated, across 4 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 4 loans, $1.2M approved, $292K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 Westside State Bank
What are Westside State Bank's total assets?
As of the Q2 2026 filing, Westside State Bank reported total assets of $268.7 million in its FFIEC call report.
Where is Westside State Bank headquartered?
It is headquartered in Westside, IA, United States.
When was Westside State Bank founded?
It was established in 1907, per the FDIC institution directory.
Is Westside State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #18518). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Westside State Bank?
Westside State Bank's primary federal regulator is the FDIC.
What is Westside State Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.29% in its Q2 2026 call report, above regulatory requirements.
How many branches does Westside State 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 Westside State Bank's Texas Ratio?
Its Texas Ratio is 14.57% 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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