|
 |
|
|
 Westside State Bank
Westside State Bank
| RSSD ID 972143 | CERTIFICATE 18518 | ABA NUMBER 73913580 |
| 401 1st St |
Quarter Ended : |
2025-03-31 |
| Westside, Iowa, 51467 |
Updated : |
2025-04-30 |
| www.westsidestate.bank |
|
| Institution Profile |
| Year Opened : |
1907 |
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 : |
051 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
6 |
Number of Employees : |
28 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 226,689 |
|
Total Interest Income | 3,425 |
| Total Liabilities | 209,463 |
|
Total NonInterest Income | 170 |
| Total Bank Equity Capital | 17,226 |
|
Total Interest Expense | 1,340 |
| Total Deposits | 173,883 |
|
Total NonInterest Expense | 1,482 |
| Net Loans & Leases | 195,891 |
|
Net Income | 677 |
| Loan Loss Allowance | 1,170 |
|
Net Charge Offs | 5 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 18,274 |
|
Total loans | 191,182 |
| Total assets for the leverage ratio | 224,147 |
|
Loans secured by real estate: | 105,063 |
| Tier 1 Leverage Ratio | 7.63 |
|
Commercial and industrial loans | 39,785 |
| Tier 1 Capital Ratio | 10.31 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.02 |
|
Loans to individuals - Other | 11,285 |
|
|
|
|
:· Westside State Bank
