This institution is no longer active

Operations ceased on March 1, 2000. CRA examination history below reflects the period it was active.

WEST CENTRAL BANK

BARRETT, MN · Supervised by FDIC

Est. 1908FDIC #10,211RSSD: FDIC-10211

Part ofMIDWEST BCORP INC→ View all charters

Outstanding Up

Current rating · Exam: October 1997

CompareWatch

At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Financial Health

Strong

ROA 1.88%

Institution Profile

FDIC BankFind

Address

400 2nd Street, BARRETT, MN

County

Grant County

Established

July 10, 1908

Total Assets

$39M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

October 1, 1997

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 28 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q4 1999Call Report / FDIC

Total Assets

$39M

Total Deposits

$34M

Net Loans

$32M

Net Income

$729K

ROA

1.88%

Above avg for Small banks. Peer avg: 0.44%

ROE

20.65%

Risk-Based Capital

11.35%

Below avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA1.88%Peer avg: 0.44%▲ Above avg

Risk-Based Capital11.35%Peer avg: 23.03%▼ Below avg

Mortgage Denial Rate1.18%Peer avg: 7.63%▲ Above avg

Unlock peer list → See which specific banks are in this peer group.

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2024	170	98.24%	1.18%
2023	148	94.59%	2.03%
2022	191	93.72%	4.19%
2021	215	94.88%	1.86%
2020	315	92.38%	3.17%
2019	191	85.34%	5.24%
2018	192	90.1%	6.77%

2024 national avg denial rate: 23.75% · Small bank avg: 7.63% · above-average shown in red

Rating History

CRA / FFIEC

Rating Trend

↑ Improving

Based on last 3 exams

Exam Date	Rating	Exam Type
Oct 1997	Outstanding	Small Bank
Feb 1995	Satisfactory	Not Reported
Mar 1993	Satisfactory	Not Reported

1 previous rating locked — back to 1990

Unlock full CRA history, HMDA, financials, complaints CSVs, and PDF links for this bank.

orGet Business plan for unlimited access

One-time payment · No subscription required

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

Embed this rating

Copy this snippet to embed a live rating badge on your website:

<iframe
  src="https://bankscorer.com/widget/bank/29eba788-26dd-42fd-a5c2-11ce83bd6518"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: