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

This bank is inactive as of May 24, 1997

  • Dacotah Bank in Faulkton, South Dakota (SD)
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Dacotah Bank - Overview

  • General
  • FDIC Certificate #: 15315
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Dacotah Bank (#17437)
    Federal Reserve ID: 286055
    Date Established: December 06, 1935
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 9654
    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: December 06, 1935
    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: Main Street, Faulkton, SD 57438
    County: Faulk
    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: $23.7 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)
  • $8Total assets
  • $22,654Cash and due from depository institutions
  • $1,584Interest-bearing balances
  • $599Securities
  • $9,771Federal funds sold & reverse repurchase agreements
  • $1,650Net loans & leases
  • $8,905Loan loss allowance
  • $265Trading account assets
  • $0Bank premises and fixed assets
  • $93Other real estate owned
  • $0Goodwill and other intangibles
  • $651Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $22,654Total liabilities
  • $19,773Total deposits
  • $19,546Interest-bearing deposits
  • $17,489Deposits held in domestic offices
  • 19546.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $227Total equity capital
  • $227Total bank equity capital
  • $2,881Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $1,282Undivided profits
  • Memoranda
  • $1,499Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $109Income earned, not collected on loans
  • $412Earning assets
  • $20,925Long-term assets (5+ years)
  • $2,322Average Assets, year-to-date
  • $21,634Average Assets, quarterly
  • $22,012Volatile liabilities
  • $1,000Insider loans
  • $146FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,613Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,886Total risk weighted assets
  • $12,026Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,499Total interest expense
  • $731Net interest income
  • $768Provision for loan and lease losses
  • $75Total noninterest income
  • $109Fiduciary activities
  • $0Service charges on deposit accounts
  • $80Trading account gains & fees
  • $0Additional noninterest income
  • $29Total noninterest expense
  • $479Salaries and employee benefits
  • $211Premises and equipment expense
  • $58Additional noninterest expense
  • $210Pre-tax net operating income
  • $323Securities gains (losses)
  • $0Applicable income taxes
  • $101Income before extraordinary items
  • $222Extraordinary gains - net
  • $0Net income attributable to bank
  • $222Net charge-offs
  • $87Cash dividends
  • $100Sale, 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
  • 7.50%Cost of funding earning assets
  • 3.66%Net interest margin
  • 3.84%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 2.40%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.03%Pretax return on assets
  • 1.49%Return on equity (ROE)
  • 8.00%Retained earnings to average equity (YTD only)
  • 4.40%Net charge-offs to loans
  • 1.02%Credit loss provision to net charge-offs
  • 86.21%Efficiency ratio
  • 54,618Assets per employee
  • 2.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.05%Loss allowance to loans
  • 2.89%Loss allowance to noncurrent loans
  • 243.12%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 1.19%Net loans and leases to deposits
  • 45.56%Net loans and leases to core deposits
  • 48.02%Equity capital to assets
  • 12.72%Core capital (leverage) ratio
  • 13.03%Tier 1 risk-based capital ratio
  • 24.00%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $21,634Average earning assets
  • $2,775Average equity
  • $19,989Average loans

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