BranchWatch

BankWest, Inc.

Headquartered in Pierre, SD. Part of South Dakota Bancshares, Inc. FDIC certificate #4009 · Federal Reserve RSSD 540551.

Total assets
$1.9B
Deposits
$1.6B
Q1 2026
Active branches
22
Closings since Jan 2020
0
3 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$3M
Return on assets
0.65%
Return on equity
7.92%
Noncurrent loan rate
2.16%

Deposits by year (Summary of Deposits)

1
2019
1
2020
1
2021
1
2022
1
2023
1
2024
1
2025

Values in $ billions, June 30 of each year.

Openings by year

1
2020
1
2022
1
2023

Other network changes since 2020

  • 1 branch relocations

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bankwest-sd.com.