Western State Bank
Devils Lake, ND · Owner: Western St Agency Employee STK Ownership Plan & TR
$2.5B
total assets, June 30, 2026
$2.5B
total assets, June 30, 2026
Western State Bank is a state nonmember bank based in Devils Lake, ND, owned by Western St Agency Employee STK Ownership Plan & TR. As of June 30, 2026 it held $2.5 billion in assets and $2.1 billion in deposits; assets were up 3.0% from a year before. It has 10 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$2.5B
+3.0% in a year · -3.9% in a quarter
Deposits
$2.1B
+2.2% in a year · -4.7% in a quarter
Loans
$2.3B
+2.6% in a year · +2.4% in a quarter
Profit so far
$25.5M
Jan 1 to Jun 30, 2026 · +31.2% in a year
Capital ratio
13.19%
+1.29 pts in a year
Return on assets
2.01%
+0.39 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 110 4th St Se, Devils Lake, ND, 58301
- County
- Ramsey
- Holding company
- Western St Agency Employee STK Ownership Plan & TR
- Established
- Oct 1, 1902
- Employees
- 326
- Branches
- 10 in 2 states
- Website
- www.westernbanks.com
- Id
- b9123
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
10 offices as of June 30, 2026, holding $2.1 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Arizona | 7 | $1.1B | 52.7% |
| North Dakota | 3 | $997M | 47.3% |
| Largest branches | Place | Deposits |
|---|---|---|
| Western State Bank (main office) | Devils Lake, ND | $543M |
| Chandler, Az Branch | Chandler, AZ | $445M |
| West Fargo Branch | West Fargo, ND | $386M |
| Scottsdale, Az Branch | Scottsdale, AZ | $167M |
| Sun City West Branch | Sun City West, AZ | $158M |
| Sun City Branch | Sun City, AZ | $128M |
| Casa Grande Branch | Casa Grande, AZ | $114M |
| Fargo Branch | Fargo, ND | $69.4M |
| Mesa, Az Branch | Mesa, AZ | $57.6M |
| Phoenix, Az Branch | Phoenix, AZ | $42.5M |
Related pages
Questions and answers
How big is Western State Bank?
$2.5 billion in total assets and $2.1 billion in deposits as of June 30, 2026, with assets up 3.0% from a year before. Its loans were $2.3 billion.
How many branches does Western State Bank have?
10 branches in 2 states as of June 30, 2026. The most deposits are in Arizona ($1.1 billion).
Is Western State Bank profitable?
Yes: it earned $25.5 million from January 1 to June 30, 2026 (up 31.2% from the same months a year before). Its return on assets was 2.01% a year; about 1% is typical.
Who owns Western State Bank?
Western State Bank is owned by Western St Agency Employee STK Ownership Plan & TR, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.