Where is Western State Bank located?

Western State Bank is located at 110 4th St SE, DEVILS LAKE, ND 58301.

How can I contact Western State Bank?

You can contact Western State Bank by phone at (701) 662-4936.

Western State Bank

About

Founded in 1902, Western State Bank is a community bank offering personal and business banking services with locations in North Dakota and Arizona. The employee-owned bank provides full-service banking, investments, and mortgage financing services.

1902

Founded

Reviews & Ratings

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SBA 7(a) Lending Analytics

SBA 7(a) Acquisition Loan Data As Of June 30, 2025

SBA Acquisition Loan Activity

Last 12 Months

1

Last 3 Years

7

Top 25%

YoY Growth

-66.7%

low activity

Loan Size Distribution

As Of June 30, 2025

Median

$2.5M

Average

$1.5M

Interest Rate Analysis

All rates shown as spread over Prime Rate

Rate Distribution

Median Rate:Prime + 2.75%

Typical Range:Prime + 2.50% - 2.75%

Min / Max:Prime + 2.00% / 3.25%

Market Comparison

This Lender

Prime + 2.75%

Market Average

Prime + 1.25%

150 bps above market

Default Rate & Risk Profile

As Of June 30, 2025 - 10-year default rate indicates underwriting quality

10-Year Default Rate

0.0%

Bottom 10% of Lenders (Highest Default Rate)

Performance Ranking

100th

Lower is better among all lenders

Geographic Loan Distribution

As Of June 30, 2025 - States by loan volume (darker blue = higher volume)

Low

Medium

High

Very High