# GREAT WESTERN BANK
SIOUX FALLS, SD · FDIC certificate 15289 · asset band $10-100B · latest filing 2021-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $13.34B | |
| Deposits | $11.79B | |
| Loans and leases | $8.13B | |
| Total equity | $1.30B | |
| Loans / deposits | 67.00% (p38 of band) | 71.65% |
| Liquid assets / assets | 36.34% (p64 of band) | |
| Uninsured deposits / deposits | 40.18% (p42 of band) | 44.19% |
| Brokered deposits | 0.47% | |
| Wholesale funding | 1.92% (p29 of band) | |
| FHLB advances / assets | 0.90% | |
| Tier 1 leverage | 10.68% (p83 of band) | 8.99% |
| Unrealized securities loss / equity | -1.62% (p29 of band) | -0.46% |
| AOCI / equity | -3.32% (p30 of band) | |
| ROA (annualized) | 1.61% (p81 of band) | 1.28% |
| Net interest margin | 3.18% (p69 of band) | 2.93% |
| Efficiency ratio | 51.13% (p37 of band) | |
| Noncurrent loans | 1.96% (p94 of band) | 0.47% |
| Net charge-offs (annualized) | 0.21% (p94 of band) | |
| Reserve coverage of noncurrent | 148.35% | |
| Real estate % of loans | 67% | |
| Construction % of loans | 36.29% (p56 of band) | |
| Auto loans | $13.5M (0.17% of loans; DQ 0.21%, NCO 0.00%) | |
| Loans to nondepository financials | $32.4M (3% of equity) (p52 of band) | |
| Deposits YoY | 3.3% | |
| Employees | 1648 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | capital falling |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 1 |  | capital falling |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 | charge-offs p90 | capital falling |
| 2015-06 | 1 |  | charge-offs p90 |
| 2015-09 | 2 | capital falling |  |
| 2015-12 | 0 |  | reserve under noncurrent, capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | loans exceed deposits, reserve under noncurrent |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | loans exceed deposits |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | loans exceed deposits |  |
| 2018-03 | 1 |  | loans exceed deposits |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | capital falling |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 1 |  | capital falling |
| 2019-12 | 2 | noncurrent p90 |  |
| 2020-03 | 3 | losing money |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 | charge-offs p90 | reserve under noncurrent |
| 2021-03 | 2 |  | losing money |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | charge-offs p90 |
| 2021-12 | 2 | charge-offs p90 |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2021-09-17 [First Interstate to buy Great Western Bank in $2B, all-stock deal - Banking Dive](https://news.google.com/rss/articles/CBMipwFBVV95cUxNeVhBQzJTVXE2Ry1uUml1eGFsVGFERVRvWTM0VVIxZXFsTmdvaG85NW9acjNfM296MFpZQndhNjdVSG80UVNRT1R6NVBHalFEajl6Ukkyc3hyLTNaUEE4ZVNRUzloQ1M1bjNJdjZOeDV5RHY0X3FfSlhWWURsRjh0TUtSZi1aYjlzQVdZRXZGV1hwbUVBVjk1UW5rZGZZWG9feGcwOWtoMA?oc=5) · Banking Dive
- 2021-09-16 [Great Western Bank to join First Interstate brand in all-stock transaction - aberdeennews.com](https://news.google.com/rss/articles/CBMixgFBVV95cUxNYldMejV0MklfYlBlX0R1blhiNTZvWTQtXzA2b0FkLUtNeW1fRXBFM1RqOGh2aDdVWTBRdTVpMXBZLTVjUE9xMkM1WTcwQU13UUlUUEFZdGo2bFV1YWx4c2JBRjVYUGk4ajFEdy1VNlE5YkoteEVsSEJ2b1FWTG1qX004Q2s2dHlzV09KaEllcm5wSzBTQWpKZzlieUpublNtOVMzYzdhSmZhNEpzS01sY0lXTkVWeEt6QjJlc1NvTEJRSjdvV1E?oc=5) · aberdeennews.com
- 2021-09-16 [First Interstate BancSystem, Inc. and Great Western Bancorp, Inc. to Join Forces - Business Wire](https://news.google.com/rss/articles/CBMi0AFBVV95cUxOV1lTSXlDdWlsMWtFU29zcUx4aE95c1JJOENvSGsyUHpJN3FDc1B6RmkzYk9Hc085MWFKQmlaeFhQamk5dm1pNlVyUWk3c2ZWNUhwci1XTEh5cHNhWDhvNTM3eXUyNVcwX0hSYW13Y0I3OHZGYXZDcFQ2b3k4NDVmY3Rpc3JTbGdpRWwtYm1idTNiMEdkc1h6OC1NUXJ0LUVRRmpReGd1dTVESmItX2FjelZTd2k1RGF2WEhVVGw2QWVUQWZ2WWwzM1A0NXVNdHRx?oc=5) · Business Wire
- 2022-02-01 [First Interstate Bank merges with Great Western Bank - Corridor Business Journal](https://news.google.com/rss/articles/CBMiigFBVV95cUxNYWdORlpJSWxxSzQ0d2hZQ09wN01ydjVEZmxVM25jbEhsU25IZnphVU5PZUZoRWVaZ0RqVWhjTUdpU3hOVFJEbWhjQzkxcXhhY3VqTC1sd05zaUFDSFQ4NUhqUHFGRWEwWWpxZjBrd3JyYzJmUEF6cU1kN1N1MDRYSm00UlhoMXJKaHc?oc=5) · Corridor Business Journal
- 2014-12-23 [Great Western makes quiet move to Wall Street - Argus Leader](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQaUhZck11NGpJMFd2bGRmOWZ2a0VXVzRHcnRKR0NZbjFIcjFLSkIyS2FyM2k1d2lTS3F0bHR1MEhaZ3U2M2RwMHRwVUcwZjNBQlEtMjdwTXlEdmptd3lHUDdRTHRqb1IzS1FORUp3Ti03R0x3M0J3YjI1enRYMk5ZVTVna3FvVUo1U0U1d2dZaGxjYjE3bnQyX2wtZkMxdEJnOHhnSFhKUHl4b3JPbXJobHUwUFhNTmdKUFpn?oc=5) · Argus Leader
- 2021-09-16 [Great Western Bank sells to competitor for $2B - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPY0ZvLWpkVjdVTncwRWg3blI1bG9LOW9QRWE3cjJLakV6bmZTenNKWlZ5Wnplb181N1JEaTVhQUd5S0Q3cWptR21nNFFzOXRZMGhVWGFyeTVpM3FkZFFnSGFaMzlmYW03OWU2bWRSdUdqQkpsZGZKa1hNbHF6ZlNDNDNHRmJyLVlSdlY0REctMDhqcVR3cXRoSkdvVlRkT1lGazhYR01CVVY?oc=5) · The Business Journals
- 2022-04-01 [Great Western Bank’s merger with First Interstate takes shape - theperrynews.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxPWDNweW9lbTlVQ01DM1Bic3ZTRjJ5T1E2LWgxOFJOeldmUllNa21MdHNac3ozYjBsekVFaVZzM001YWgxODlRVV9FWTlYY3VMSmFfSDRYVWVfTzAxSmpwVmkzR25zd2tsaTJFcEdfRFlITktOcTMyelR4RVJMUWFMNEdFRnI3RmQ2RzRmRV9GYw?oc=5) · theperrynews.com
- 2021-09-16 [First Interstate Bank makes big regional expansion in acquisition of South Dakota-based bank - KTVQ](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNVVlXQlJEVXNCZ1FGYjZEcFhlSTV3MnRFeEQ5R2NBbVRyVjJrWkp5cDR2SWo4bTBwa0pvckpGT0xkUFRuVmFsUnM0Yi1JQk9sMHQ4VTVBelpYVEtzS2M1a1B3bk5KcE01Mk55M1NoNWdhMEJ2dGhrOWFYb2MwSGVtcHg5WTcxUWVaUldkRWJ3ck1pejRRU3pJYzlhbDBoR01OS2p2YVhVdWdBODl0ZEJKa2Q1SE1EWGJyVEhvWEtOYzk?oc=5) · KTVQ

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15289 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/57.json (key "15289", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide