BankWest, Inc. (FDIC certificate #4009) is based in Pierre, South Dakota. Its Q2 2026 call report shows $1.9B in total assets and $1.6B in deposits and 22 offices.
BankWest, Inc. has a TellerScore of 38 out of 100 (low) based on Q2 2026 data — higher than only 1% of its 897 banks with $1 billion – $10 billion. Among 56 banks headquartered in South Dakota, it ranks 55th. Funding & liquidity contributes the most (57/100, 85% loans-to-deposits, 32% uninsured); loan quality contributes the least (8/100, 2.76%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 5 points (33 → 38), mostly because the earnings component improved by 11 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 60 |
| Q3 2024 | 54 |
| Q4 2024 | 52 |
| Q1 2025 | 52 |
| Q2 2025 | 33 |
| Q3 2025 | 34 |
| Q4 2025 | 50 |
| Q1 2026 | 44 |
| Q2 2026 | 38 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.47% |
| Q3 2024 | 9.33% |
| Q4 2024 | 9.16% |
| Q1 2025 | 9.22% |
| Q2 2025 | 9.17% |
| Q3 2025 | 9.13% |
| Q4 2025 | 9.19% |
| Q1 2026 | 9.00% |
| Q2 2026 | 9.21% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.63% |
| Q3 2024 | 1.36% |
| Q4 2024 | 1.24% |
| Q1 2025 | 1.16% |
| Q2 2025 | 3.56% |
| Q3 2025 | 3.49% |
| Q4 2025 | 1.54% |
| Q1 2026 | 2.16% |
| Q2 2026 | 2.76% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.71% |
| Q3 2024 | 0.67% |
| Q4 2024 | 0.61% |
| Q1 2025 | 0.36% |
| Q2 2025 | 0.42% |
| Q3 2025 | 0.51% |
| Q4 2025 | 0.63% |
| Q1 2026 | 0.65% |
| Q2 2026 | 0.69% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 38 | $1.9B | 9.21% | 2.76% | 0.69% | 84.7% |
| Q1 2026 | 44 | $1.9B | 9.00% | 2.16% | 0.65% | 82.8% |
| Q4 2025 | 50 | $1.9B | 9.19% | 1.54% | 0.63% | 85.5% |
| Q3 2025 | 34 | $1.9B | 9.13% | 3.49% | 0.51% | 84.1% |
| Q2 2025 | 33 | $1.8B | 9.17% | 3.56% | 0.42% | 86.6% |
| Q1 2025 | 52 | $1.8B | 9.22% | 1.16% | 0.36% | 83.8% |
| Q4 2024 | 52 | $1.8B | 9.16% | 1.24% | 0.61% | 81.1% |
| Q3 2024 | 54 | $1.8B | 9.33% | 1.36% | 0.67% | 77.0% |
| Q2 2024 | 60 | $1.8B | 9.47% | 0.63% | 0.71% | 82.6% |
897 peers · $1 billion – $10 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in South Dakota
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First National BankBank Fort Pierre, SD | 84 out of 100, Strong | $2.0B | 21.9% | 0.69% | vs |
| The First National Bank in Sioux FallsBank Sioux Falls, SD | 67 out of 100, Moderate | $2.1B | 10.3% | 0.41% | vs |
| American Bank & TrustBank Sioux Falls, SD | 72 out of 100, Strong | $2.2B | 11.3% | 0.57% | vs |
| First Savings BankBank Beresford, SD | 83 out of 100, Strong | $1.6B | 19.3% | 0.90% | vs |
| CorTrust Bank National AssociationBank Mitchell, SD | 62 out of 100, Moderate | $1.6B | 9.9% | 0.70% | vs |
| 1st Financial Bank USABank Dakota Dunes, SD | 74 out of 100, Strong | $1.4B | 16.3% | 1.51% | vs |
Deposit insurance
Is my money safe at BankWest, Inc.?
Yes. BankWest, Inc. is an FDIC-insured institution (FDIC certificate #4009). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 31.7% of deposits ($520.9M) are above the $250,000 FDIC insurance limit, close to the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 9.21%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 11.57% (benchmark: 10%).
22 locations
Branches
BankWest, Inc. lists 20 offices in 16 cities. Most locations:
- Pierre, SD (3)
- Mitchell, SD (2)
- Rapid City, SD (2)
- Armour, SD (1)
- Colman, SD (1)
- Delmont, SD (1)
- Geddes, SD (1)
- Gregory, SD (1)
- Kadoka, SD (1)
- Kennebec, SD (1)
- Madison, SD (1)
- Onida, SD (1)
HMDA 2025
Mortgage lending
In 2025, BankWest, Inc. reported 1,607 home-loan applications under HMDA (LEI 5493007YN2BYYXCI7W64): 650 originated ($134,950,000 total), 615 denied, and 342 withdrawn or closed by the applicant. Its denial rate on decided applications was 48.6%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- BankWest, Inc.
- Former names
- BankWest, N.A.; BankWest, National Association; The Pierre National Bank
- Type
- State-chartered bank
- FDIC certificate #
- 4009
- RSSD ID
- 540551
- Primary regulator
- FDIC
- Holding company
- South Dakota Bancshares Inc
- Established
- August 30, 1889
- Headquarters
- 420 S Pierre St, Pierre, SD 57501
- Website
- www.bankwest-sd.com
- Employees
- 377
Quick answers
BankWest, Inc.: common questions
Is BankWest, Inc. FDIC insured?
Yes. BankWest, Inc. is an FDIC-insured institution (FDIC certificate #4009). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is BankWest, Inc.'s TellerScore?
38 out of 100 (Low), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has BankWest, Inc. ever failed?
There is no failure record for FDIC certificate #4009 in the FDIC failed bank list.
How many branches does BankWest, Inc. have?
22 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Pierre
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Oahe Federal Credit UnionCredit union Pierre, SD | 87 out of 100, Very strong | $45.1M | 16.2% | 1.03% | vs |
| First National BankBank Fort Pierre, SD | 84 out of 100, Strong | $2.0B | 21.9% | 0.69% | vs |
| First Fidelity BankBank Burke, SD | 75 out of 100, Strong | $717.0M | 9.4% | 0.39% | vs |
| First Dakota National BankBank Yankton, SD | 72 out of 100, Strong | $3.4B | 10.4% | 0.30% | vs |
| American Bank & TrustBank Sioux Falls, SD | 72 out of 100, Strong | $2.2B | 11.3% | 0.57% | vs |
| Black Hills Federal Credit UnionCredit union Rapid City, SD | 63 out of 100, Moderate | $2.4B | 10.6% | 0.95% | vs |