The Western State Bank
Garden City, Kansas, Finney County
$802M in total assets, the 1,283rd largest of 4,309 US banks and 26th of 185 headquartered in Kansas.
- FDIC certificate
- 21121
- Established
- 1973
- Owned by
- Whitcorp Financial Co
- Primary regulator
- FDIC
- Website
- http://www.wsbks.com
At a glance
Compared with 116 banks headquartered in Kansas with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $802M | 96% | $257M | |
| Loans | $532M | 97% | $172M | |
| Deposits | $717M | 97% | $214M | |
| Return on assets | 1.92% | 89% | 1.39% | |
| Net interest margin | 4.48% | 81% | 3.97% | |
| Efficiency ratio | 43.2% | 8% | 58.7% | |
| Equity to assets | 10.25% | 50% | 10.24% | |
| Loans to deposits | 74% | 40% | 78% |
Growth
Total assets grew 6.7% a year over the last 5 years and 6.3% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Apr 2003 | Southwest Bank Ulysses, KS | $44M |
| Oct 1999 | The First State Bank of Leoti Leoti, KS, an affiliate under the same holding company | $60M |
| Nov 1990 | Valley Savings, A Federal Savings and Loan Association Hutchinson, KS | $116M |
Where they operate
9 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Finney County, KS | $222M | 19.3% | 2 of 9 |
| Sherman County, KS | $122M | 38.4% | 1 of 4 |
| Wichita County, KS | $113M | 69.9% | 1 of 2 |
| Ford County, KS | $100M | 11.7% | 4 of 11 |
| Scott County, KS | $67M | 10.1% | 3 of 3 |
| Thomas County, KS | $55M | 8.3% | 4 of 7 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 1 branch since 2016 (10 to 9, −10.0%). 0 opened, 0 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 10 | |||
| 2017 | Sold 1 branch to Dream First Bank, National Association | 0 | 1 | −1 | 9 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Business (C&I) | 24% | 11% | |
| Agricultural | 22% | 14% | |
| Farmland | 21% | 17% | |
| 1-4 family residential | 14% | 27% | |
| Commercial real estate | 11% | 17% | |
| Multifamily | 4% | 2% | |
| Consumer | 2% | 4% | |
| Construction and land | 1% | 5% | |
| Other | 1% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 45% | 46% | |
| Time deposits | 33% | 34% | |
| Noninterest-bearing | 23% | 20% |
Brokered deposits are 1.4% of deposits (peers 3.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 3.04% | 0.23% |
| Net charge-offs, annualized | 1.32% | 0.00% |
| Reserves to loans | 2.51% | 1.27% |
| Leverage ratio | 10.69% | 10.53% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Kansas
Largest competitors in Finney County, KS
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/western-state-bank-garden-city-ks