Dacotah Bank in Clark, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 24, 1997

Dacotah Bank in Clark, South Dakota (SD)
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Dacotah Bank - Overview

General
FDIC Certificate #: 11134
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Dacotah Bank (#17437)
Federal Reserve ID: 523853
Date Established: January 01, 1922
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Interstate: No)
FDIC's unique #: 7106
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 24, 1997
Last Structure Change Process Date: June 05, 1997
Last Data Update: June 05, 1997
Data Source Date: April 05, 2012
Location
Address: 113 North Commercial Street, Clark, SD 57225
County: Clark
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $68.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$32Total assets
$66,060Cash and due from depository institutions
$3,877Interest-bearing balances
$848Securities
$17,188Federal funds sold & reverse repurchase agreements
$2,200Net loans & leases
$38,839Loan loss allowance
$1,325Trading account assets
$0Bank premises and fixed assets
$1,662Other real estate owned
$286Goodwill and other intangibles
$2,008Life insurance assets
$0All other assets
$0Total liabilities and capital
$66,060Total liabilities
$60,161Total deposits
$59,163Interest-bearing deposits
$52,346Deposits held in domestic offices
59163.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$114Subordinated debt
$0All other liabilities
$884Total equity capital
$884Total bank equity capital
$5,899Perpetual preferred stock
$0Common stock
$1,400Surplus
$2,930Undivided profits
Memoranda
$1,569Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$722Income earned, not collected on loans
$1,214Earning assets
$59,075Long-term assets (5+ years)
$5,566Average Assets, year-to-date
$61,037Average Assets, quarterly
$63,189Volatile liabilities
$3,505Insider loans
$8FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$6,927Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,889Total risk weighted assets
$44,578Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$4,740Total interest expense
$2,345Net interest income
$2,395Provision for loan and lease losses
$188Total noninterest income
$568Fiduciary activities
$0Service charges on deposit accounts
$337Trading account gains & fees
$0Additional noninterest income
$231Total noninterest expense
$1,928Salaries and employee benefits
$915Premises and equipment expense
$283Additional noninterest expense
$730Pre-tax net operating income
$847Securities gains (losses)
$0Applicable income taxes
$312Income before extraordinary items
$535Extraordinary gains - net
$0Net income attributable to bank
$535Net charge-offs
$30Cash dividends
$120Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.65%Cost of funding earning assets
4.28%Net interest margin
4.37%Noninterest income to earning assets
1.04%Noninterest expense to earning assets
3.52%Net operating income to assets
0.88%Return on assets (ROA)
0.88%Pretax return on assets
1.39%Return on equity (ROE)
9.47%Retained earnings to average equity (YTD only)
7.35%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
626.67%Efficiency ratio
65,069Assets per employee
2.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.43%Loss allowance to loans
3.30%Loss allowance to noncurrent loans
183.52%Noncurrent assets plus other real estate owned to assets
1.53%Noncurrent loans to loans
1.80%Net loans and leases to deposits
65.65%Net loans and leases to core deposits
69.64%Equity capital to assets
8.93%Core capital (leverage) ratio
9.47%Tier 1 risk-based capital ratio
13.21%Total risk-based capital ratio
Memoranda
$14Average assets
$61,037Average earning assets
$5,649Average equity
$54,805Average loans

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