# WESTSIDE STATE BANK
WESTSIDE, IA · FDIC certificate 18518 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $268.7M | |
| Deposits | $208.4M | |
| Loans and leases | $235.2M | |
| Total equity | $24.2M | |
| Loans / deposits | 111.90% (p97 of band) | 73.59% |
| Liquid assets / assets | 9.62% (p3 of band) | |
| Uninsured deposits / deposits | 19.92% (p50 of band) | 19.81% |
| Brokered deposits | 5.62% | |
| Wholesale funding | 18.60% (p94 of band) | |
| FHLB advances / assets | 12.98% | |
| Tier 1 leverage | 8.82% (p9 of band) | 11.76% |
| Unrealized securities loss / equity | -1.24% (p75 of band) | -6.57% |
| AOCI / equity | -0.05% (p67 of band) | |
| ROA (annualized) | 1.21% (p52 of band) | 1.17% |
| Net interest margin | 3.99% (p54 of band) | 3.93% |
| Efficiency ratio | 62.18% (p41 of band) | |
| Noncurrent loans | 1.57% (p80 of band) | 0.36% |
| Net charge-offs (annualized) | 0.05% (p79 of band) | |
| Reserve coverage of noncurrent | 53.53% | |
| Real estate % of loans | 56% | |
| Construction % of loans | 11.13% (p40 of band) | |
| Auto loans | $7.2M (3.05% of loans; DQ 6.50%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 15.7% | |
| Employees | 33 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | loans exceed deposits |  |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 3 | wholesale funding >15%, liquid assets <10% | capital falling |
| 2014-12 | 2 |  | liquid assets <10% |
| 2015-03 | 1 |  | loans exceed deposits |
| 2015-06 | 4 | loans exceed deposits, liquid assets <10%, reserve under noncurrent |  |
| 2015-09 | 3 |  | reserve under noncurrent |
| 2015-12 | 2 | capital falling | loans exceed deposits, liquid assets <10% |
| 2016-03 | 3 | reserve under noncurrent |  |
| 2016-06 | 4 | loans exceed deposits, charge-offs p90 | capital falling |
| 2016-09 | 4 |  |  |
| 2016-12 | 0 |  | wholesale funding >15%, reserve under noncurrent, loans exceed deposits, charge-offs p90 |
| 2017-03 | 0 |  |  |
| 2017-06 | 4 | loans exceed deposits, wholesale funding >15%, liquid assets <10%, capital falling |  |
| 2017-09 | 3 |  | capital falling |
| 2017-12 | 1 |  | wholesale funding >15%, liquid assets <10% |
| 2018-03 | 3 | wholesale funding >15%, liquid assets <10% |  |
| 2018-06 | 3 | capital falling | wholesale funding >15% |
| 2018-09 | 2 |  | capital falling |
| 2018-12 | 3 | uninsured deposits leaving |  |
| 2019-03 | 3 | capital falling | uninsured deposits leaving |
| 2019-06 | 4 | uninsured deposits leaving |  |
| 2019-09 | 1 |  | loans exceed deposits, liquid assets <10%, uninsured deposits leaving |
| 2019-12 | 0 |  | capital falling |
| 2020-03 | 1 | reserve under noncurrent |  |
| 2020-06 | 1 | capital falling | reserve under noncurrent |
| 2020-09 | 1 | loans exceed deposits | capital falling |
| 2020-12 | 0 |  | loans exceed deposits |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 0 |  | capital falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | charge-offs p90 |  |
| 2022-03 | 2 | capital falling |  |
| 2022-06 | 1 |  | charge-offs p90 |
| 2022-09 | 0 |  | capital falling |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 1 | loans exceed deposits |  |
| 2024-06 | 2 | wholesale funding >15% |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | liquid assets <10% |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | liquid assets <10% |
| 2025-09 | 3 | liquid assets <10% |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 4 | reserve under noncurrent |  |
| 2026-06 | 4 |  |  |

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

- 2024-11-13 [Westside State Bank’s Jim White honored for 50+-year career - Carroll Times Herald](https://news.google.com/rss/articles/CBMi1wFBVV95cUxOQ3NNVnZocXY1Q1VBZE9WQjdlRFhCMlI0a3NFQWwxdTlpcXpVNlhLMnc0NG85bVdJbmdLNzZIZzdCSnByNkhha3JuRVRZcHNjMlludlpxUzl6ckpWU1ZVNHZpYXE2NEpJcFN5Snl4c09pS0JoUjJuWG9OM1ppMjRzWHZKSktPS2J4YXAybTZ5ai1SVEowc3daeWJJREd0NzMwajAxNS1XZjFteXEtRlNtdWthZlp6emNXT0hCTk03cTRKN0xpQ29ZQmlZWko5TmxhRV9mVUxaZw?oc=5) · Carroll Times Herald
- 2023-04-12 [Smaller Banks Join Growing Roster of FIs Readying for FedNow’s Launch - PYMNTS.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxNalBMaVZxNFlwUFp5WDhsalhDYVE3cTdwUGhhcjZ4Wm12eFJrMkhLTF9TaTdzVEtGeVhSTElOWmRhSkExbi1nYXBYNjZZdDd1SE5ERkxpb212UHFWTnN2VDZiT04zSmhSakxtQkNJbFcycmlXa05KaEtvbkllbnNOSDFCZDdwMms5WFJXS2xkcVVZbjdCLTNfRU1UV2VQdzNvVGR1SENrbHhlMTVXcXJZ?oc=5) · PYMNTS.com
- 2013-07-26 [Joel Owen Obituary Jul 26, 2013 - Dahn & Woodhouse Funeral Home](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5WX19WREpLVG9mbjVocUZ3MjdxRG5fZHpickVvb21EeE9yM1dTTUFoUHdZU1NZODBaWlh0bkRxYVNybldjd1RZVEh0ZGNaTkV5X1I2SlpJaHQ0SHFtMzdWaHpZWQ?oc=5) · Dahn &amp; Woodhouse Funeral Home
- 2022-06-17 [Warren Lee Bush Obituary - The Des Moines Register](https://news.google.com/rss/articles/CBMiZEFVX3lxTE5DSDB5RTZibkd1MEI4dlotZ25tQjJib19vZmljNmlpNGZyc2NEWUVodHZoX1lCSjJlX2VnVmpBbWJvNVhjZTNRMnpENEQ0dFIyVUdmVElZVjhtYXdKdGs5VWFpMzE?oc=5) · The Des Moines Register
- 2016-07-12 [Eli Rowedder Obituary Jul 12, 2016 - Dahn & Woodhouse Funeral Home](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE1Lc21pQXZfVDF2VHlFeFpINHFvVzBvSzNQS3c4V1A0QVBsS1dVOGZ2RDdBVl9yQUM3cmVrT1hqbTJtV0tTWXdRMVhtUV95NnJOaHVnOC1Ud1E3MlNxOUFBVncyN1h2cWc?oc=5) · Dahn &amp; Woodhouse Funeral Home
- 2007-03-28 [RICHARD MAHONEY - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxNSTV4by1YUnpOMjBJdk14bHpLRmp5RFdYdFpwSThtemdKQk45S1NFT3FGNXNTM05EWE5hUjBvSVFjVk05S25wYl9ad3R3V3cxV0hhTGM1Y0hacTdDN2FNMnlodllaaUFuMTRaTmxZWmxNUERGTjVBdVFqMFZNcEN1U3FmUWp5VWpqUHlDUExaWE1nOWc?oc=5) · legacy.com
- 2023-01-05 [Harvard Krokodiloes prepare for public performance at Carroll Rec Center - Carroll Times Herald](https://news.google.com/rss/articles/CBMi6AFBVV95cUxQaHRfQWh3eUFtQUFpSm5URlZqU0NNU2dTeHd5S29NNThjOFhNalU3UVBRZW1seTVfRmhQM3U1V1UxLWFnek42UzZnWXRHU1lGdEFNMVB5Q21mbWxLSHVnbWVUZFlWWVFsOXVsQm9paTQ1NFBVMWllWGNnbFBjUnRaSEx4dVowMk5MbElZa2tiT0RldThSZDQydF9tcFVIRnlKSzl6dDhVSkNNeW9rLU9YMmNZUVZQOF9GVFhaNkVCajZFZFhiYng2TV9wWWxxOUw1SEJWZDFoVFdpQVpscnVMUFd3TGlnYlhW?oc=5) · Carroll Times Herald

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18518 (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/22.json (key "18518", 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