BlastPoint

BlastPoint's Banking Scorecard

BANKWEST

$100M-$1B Specialty: Commercial MN FDIC cert 16704

Rockford, MN

3 branches across MN

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
  • Deposits -3.3% year over year ($217.5M on the books).
  • Delinquency rate 0.08%.
  • Return on assets 1.32%.
  • Efficiency ratio 65.05% vs a 64.48% peer average.
  • Loan-to-deposit ratio 62.16% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 151 in MN
View $100M-$1B leaderboard (MN) →

BANKWEST has 2 strengths but faces 3 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Net Interest Margin 0.26% above tier average
  • + Delinquency Rate 0.84% below tier average

Key Concerns

Areas that may need attention

  • - Deposit Outflow: Bottom 21.3% in tier
  • - Flatlined Growth: Bottom 36.7% in tier
  • - Efficiency Ratio 0.57% above tier average
Get updates when BANKWEST releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $239.9M
-1.7% YoY +0.6% QoQ
-$146.7M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
34%
Total Loans ? $135.2M
+7.4% YoY +0.8% QoQ
-$123.1M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
30%
Total Deposits ? $217.5M
-3.3% YoY +0.3% QoQ
-$109.2M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
38%
Return on Assets ? 1.32%
+6.6% YoY +13.1% QoQ
-0.01% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
54%
Net Interest Margin ? 4.25%
+18.4% YoY +1.9% QoQ
+0.26% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
68%
Efficiency Ratio ? 65.05%
-1.5% YoY -4.8% QoQ
+0.57% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
42%
Delinquency Rate ? 0.08%
-80.9% YoY
-0.84% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
76%
Loan-to-Deposit Ratio ? 62.16%
+11.1% YoY +0.5% QoQ
-15.79% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
80%
Non-Interest-Bearing Deposit Share ? 24.85%
-5.3% YoY -2.0% QoQ
+2.82% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
65%
Nonperforming Asset Ratio ? 0.25%
+20.3% YoY +19.0% QoQ
-0.42% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
56%
Tier 1 Capital Ratio ? 16.13%
+3.2% YoY -0.9% QoQ
+0.22% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
73%
Non-Interest Income / Assets ? 0.15%
-17.0% YoY +104.0% QoQ
-0.42% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
34%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Noninterest-Bearing 24.9%
-1.4pp YoY
-0.5pp QoQ
 +2.7pp 22.1% 21.9% 22.2% 65%
Brokered Deposits n/a n/a 7.9% 8.3% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 18.8%
-1.5pp YoY
-0.6pp QoQ
 +7.3pp 11.6% 14.6% 12.5% 86%
CRE 46.6%
+1.7pp YoY
+1.4pp QoQ
 +7.1pp 39.5% 36.5% 41.4% 65%
1-4 Family 28.2%
-0.5pp YoY
-0.9pp QoQ
 -4.4pp 32.6% 29.4% 31.3% 47%
Consumer 1.6%
+0.3pp YoY
+0.3pp QoQ
 -2.5pp 4.1% 4.5% 5.0% 42%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio 16.1%
+0.5pp YoY
-0.2pp QoQ
 -2.7pp 18.8% 16.5% 19.7% 58%
Leverage Ratio 9.5%
+1.0pp YoY
+0.2pp QoQ
 -2.7pp 12.2% 11.0% 12.6% 20%
Total Capital Ratio 17.2%
+0.5pp YoY
-0.2pp QoQ
 -2.7pp 19.9% 17.6% 20.8% 58%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 30
0 YoY
-1 (-3.2%) QoQ
 -29 58 55 482 26%
Assets per Employee ($) $8.0M
-1.7% YoY
+4.0% QoQ
 +$478K $7.5M $8.6M $8.8M 68%
Branch Count 3
0 YoY
0 QoQ
 -2 4 4 18 26%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days 0.1%
+0.1pp YoY
+0.1pp QoQ
 -0.2pp 0.3% 0.4% 0.4% 45%
Nonaccrual 0.0%
-0.4pp YoY
0.0pp QoQ
 -0.9pp 0.9% 1.0% 1.0% 0%
Allowance Coverage 13.25x
+442.8% YoY
-95.2% QoQ
 -10.91x 24.15x 20.41x 20.23x 85%
Net Charge-off Rate (YTD) -0.0%
-0.1pp YoY
0.0pp QoQ
 -0.1pp 0.1% 0.2% 0.2% 25%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 16.5%
-3.4pp YoY
+1.7pp QoQ
 +4.3pp 12.2% 13.1% 11.6% 75%
Cost of Funds (YTD) 1.0%
-0.1pp YoY
0.0pp QoQ
 -0.7pp 1.7% 1.7% 1.7% 10%
Net Income ($, YTD) $1.6M
+6.1% YoY
— QoQ
 -$963K $2.6M $4.5M $40.4M 44%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (2)

Deposit Outflow

decline
#115 of 535 • Bottom 21.3% in tier

Deposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.

535 of 535 Community banks match · 686 nationally
→ Stable +31 banks QoQ | QoQ rank improving

Flatlined Growth

risk
#195 of 529 • Bottom 36.7% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature
Return on Assets: 1.32%
(Tier: 1.32%, National: 1.30%)
worse than tier avg
529 of 529 Community banks match · 719 nationally
→ Stable +34 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2643 peers in $100M-$1B

Top Strengths (2 metrics)

524
Loan-to-Deposit Ratio
liquidity
Value: 62.16%
Peer Median: 77.95%
#524 of 2643 Top 19.8% in $100M-$1B
625
Delinquency Rate
credit_quality
Value: 0.08%
Peer Median: 0.92%
#625 of 2633 Top 23.7% in $100M-$1B

Top Weaknesses (0 metrics)

No weakness rankings available
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