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 BANKWEST
BANKWEST
| RSSD ID 791353 | CERTIFICATE 16704 | ABA NUMBER 91916543 |
| 5921 Main St |
Quarter Ended : |
2025-06-30 |
| Rockford, Minnesota, 55373 |
Updated : |
2025-07-30 |
| www.bankwestmn.com |
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| Institution Profile |
| Year Opened : |
1948 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
30 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 243,919 |
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Total Interest Income | 5,451 |
| Total Liabilities | 228,191 |
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Total NonInterest Income | 435 |
| Total Bank Equity Capital | 15,728 |
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Total Interest Expense | 1,293 |
| Total Deposits | 225,030 |
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Total NonInterest Expense | 3,033 |
| Net Loans & Leases | 125,880 |
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Net Income | 1,501 |
| Loan Loss Allowance | 1,252 |
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Net Charge Offs | 63 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 21,923 |
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Total loans | 124,478 |
| Total assets for the leverage ratio | 241,778 |
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Loans secured by real estate: | 93,712 |
| Tier 1 Leverage Ratio | 8.5 |
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Commercial and industrial loans | 27,871 |
| Tier 1 Capital Ratio | 15.63 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.68 |
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Loans to individuals - Other | 1,602 |
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:· BANKWEST
