Dacotah Bank in city_name, state_name - Detailed Financial Reports, Location

Dacotah Bank in Aberdeen, South Dakota (SD), ND
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Dacotah Bank routing number info

Dacotah Bank - Overview

General
FDIC Certificate #: 17437
Status: Active
Federal Reserve ID: 256553
Bank Holding Company (Regulatory Top Holder): Dacotah Banks, Inc. (RSSDID: 1121229, Location: Aberdeen, SD)
Date Established: April 30, 1955
WWW: http://www.dacotahbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 32 (Domestic: 32, Interstate: Yes)
OTS Docket #: 14405
FDIC's unique #: 11430
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: April 30, 1955
Last Structure Change Effective Date: December 15, 2006
Last Structure Change Process Date: August 07, 2007
Last Data Update: August 07, 2007
Data Source Date: April 05, 2012
Location
Address: 308 South Main Street, Aberdeen, SD 57401
County: Brown
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
Core Based Statistical Area (CBSA): Aberdeen, SD (#10100)
CBSA Micro Statistical Area: Yes
History of Changes
Office Purchased
Financial Summary
Total assets: $1,902.6 mil
Equity capital: $178.7 mil
Deposits held in domestic offices: $1,684.0 mil
Return on assets (ROA): 0.90% ($17.1 mil)
Quarterly return on assets: 0.87% ($16.6 mil)
Return on Equity (ROE): 9.61% ($17.2 mil)
Quarterly return on equity: 9.20% ($16.5 mil)
Net income: $16.3 mil
Quarterly Net income: $4.1 mil
Pretax return on assets: 1.38% ($26,256.2 mil)
Quarterly Pretax return on assets: 1.33% ($25,304.8 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
466Total employees (full-time equivalent)
$1,902,620Total assets
$122,376Cash and due from depository institutions
$72,857Interest-bearing balances
$316,409Securities
$0Federal funds sold & reverse repurchase agreements
$1,364,762Net loans & leases
$18,180Loan loss allowance
$0Trading account assets
$43,037Bank premises and fixed assets
$1,975Other real estate owned
$7,476Goodwill and other intangibles
$1,902,620Life insurance assets
$46,585All other assets
$1,723,957Total liabilities and capital
$1,683,979Total liabilities
$1,545,164Total deposits
$1,683,979Interest-bearing deposits
$78Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$25,008Trading liabilities
$0Other borrowed funds
$14,970Subordinated debt
$178,663All other liabilities
$178,663Total equity capital
$178,663Total bank equity capital
$0Perpetual preferred stock
$10,765Common stock
$52,003Surplus
$115,895Undivided profits
Memoranda
$0Noncurrent loans and leases
$2,887Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$24,075Income earned, not collected on loans
$295Earning assets
$18,364Long-term assets (5+ years)
$1,754,028Average Assets, year-to-date
$197,137Average Assets, quarterly
$1,820,657Volatile liabilities
$1,859,399Insider loans
$1,517,669FHLB advances
$1,863,012Loans and leases held for sale
$7,202Unused loan commitments
$7,202Tier 1 (core) risk-based capital
$169,352Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$304,884Restructured Loans and leases
$6,594Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$86,585Total interest income
$20,016Total interest expense
$66,569Net interest income
$5,300Provision for loan and lease losses
$14,596Total noninterest income
$912Fiduciary activities
$4,259Service charges on deposit accounts
$0Trading account gains & fees
$9,425Additional noninterest income
$50,685Total noninterest expense
$28,652Salaries and employee benefits
$5,077Premises and equipment expense
$16,956Additional noninterest expense
$25,180Pre-tax net operating income
$36Securities gains (losses)
$8,886Applicable income taxes
$16,330Income before extraordinary items
$0Extraordinary gains - net
$16,330Net income attributable to bank
$0Net charge-offs
$16,330Cash dividends
$3,159Sale, conversion, retirement of capital stock, net
$2,000Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.13%Yield on earning assets
1.19%Cost of funding earning assets
3.95%Net interest margin
0.87%Noninterest income to earning assets
3.00%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
1.38%Pretax return on assets
9.61%Return on equity (ROE)
8.44%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
167.77%Credit loss provision to net charge-offs
9.65%Efficiency ratio
62,062Assets per employee
4.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.25%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
75.51%Noncurrent assets plus other real estate owned to assets
1.37%Noncurrent loans to loans
1.74%Net loans and leases to deposits
81.04%Net loans and leases to core deposits
85.23%Equity capital to assets
9.39%Core capital (leverage) ratio
9.09%Tier 1 risk-based capital ratio
11.16%Total risk-based capital ratio
Memoranda
$12Average assets
$1,820,657Average earning assets
$169,855Average equity
$1,686,815Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$242,885Managed Assets
1Number of Accounts
$175,894Personal trust and agency accounts
$76,080Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$77,298Other fiduciary accounts
$22,516Fiduciary accounts held in foreign offices
$0Non-managed Assets
286Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$66,991Other retirement accounts
$29,034Corporate trust and agency accounts
$37,042Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2005)

Dollar figures in thousands
Principal balance with servicing or other recourse retained
$01-4 family residential loans
$0Home equity lines
$2,158Credit cards receivables
$0Auto loans
$0Other consumer loans
$0Commercial and industrial loans

List of branches

8 North Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
19	2566	First National Bank Branch	121 North Main Street, Hettinger, ND 58639	January 01, 1908	Full Service Brick and Mortar
22	5715	Regent Branch	Main Street, Regent, ND 58650	January 01, 1910	Full Service Brick and Mortar
23	5712	Dacotah Bank-Valley City Branch	240 Third Street, Northwest, Valley City, ND 58072	May 04, 1909	Full Service Brick and Mortar
24	10376	Dacotah Bank Rolla Branch	15 Main Avenue East, Rolla, ND 58367	January 01, 1888	Full Service Brick and Mortar
25	237557	Paying & Receiving Station Facility	Turtle Mountain Shopping Center, Belcourt, ND 58316	May 15, 1979	Full Service Brick and Mortar
26	2548	Bowbells Branch	15 Main Street, Bowbells, ND 58721	November 01, 1903	Full Service Brick and Mortar
30	442340	Dacotah Bank Minot Downtown Branch	1121 South Broadway, Minot, ND 58701	September 01, 2004	Full Service Brick and Mortar
32	452615	Dacotah Bank Dickinson Branch	410 West Villard, Dickinson, ND 58602	March 28, 2006	Full Service Brick and Mortar

24 South Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	11430	Dacotah Bank	308 South Main Street, Aberdeen, SD 57401	April 30, 1955	Full Service Brick and Mortar
1	366	First Avenue Branch	323 First Avenue East, Sisseton, SD 57262	July 01, 1913	Full Service Brick and Mortar
2	181725	New Effington Branch	Main Street, New Effington, SD 57255	December 18, 1978	Full Service Brick and Mortar
3	8024	Cresbard Branch	Main Street, Cresbard, SD 57435	January 01, 1906	Full Service Brick and Mortar
4	241711	Sioux Falls Branch	1707 South Marion Road, Sioux Falls, SD 57106	July 15, 1991	Full Service Brick and Mortar
5	241712	Phillips Centre Branch	300 South Phillips Avenue, Sioux Falls, SD 57104	December 04, 1995	Full Service Brick and Mortar
6	356	600 Main Branch	600 Main, Webster, SD 57274	January 02, 1897	Full Service Brick and Mortar
7	181721	Roslyn Branch	Main Street, Roslyn, SD 57261	Febuary 01, 1967	Full Service Brick and Mortar
8	9654	117 8th Avenue South Branch	117 8th Avenue South, Faulkton, SD 57438	December 06, 1935	Full Service Brick and Mortar
9	1102	320 Main Street Branch	320 Main Street, Mobridge, SD 57601	October 01, 1910	Full Service Brick and Mortar
10	4097	321 Main Street Branch	321 Main Avenue, Lemmon, SD 57638	January 01, 1920	Full Service Brick and Mortar
11	208668	Bison Branch	Main Avenue, Bison, SD 57620	August 21, 1944	Full Service Brick and Mortar
12	7106	113 North Commercial Branch	113 North Commercial Street, Clark, SD 57225	January 01, 1922	Full Service Brick and Mortar
13	224081	Bradley Branch	Main Street, Bradley, SD 57217	January 01, 1936	Full Service Brick and Mortar
14	224083	Willow Lake Branch	Main Street, Willow Lake, SD 57278	October 02, 1939	Full Service Brick and Mortar
15	224084	Henry Branch	111 Main Street, Henry, SD 57243	November 04, 1974	Full Service Brick and Mortar
16	224085	Watertown Branch	1310 9th Avenue Southeast, Watertown, SD 57201	March 25, 1991	Full Service Brick and Mortar
17	241713	Dacotah Bank	3312 6th Ave Se, Aberdeen, SD 57401	June 21, 1999	Full Service Brick and Mortar
18	340674	Rapid City - 5th Street Office Branc	3535 5th Street, Rapid City, SD 57701	January 10, 2000	Full Service Brick and Mortar
29	442339	Dacotah Bank Rapid City Downtown Bra	125 Main Street, Rapid City, SD 57701	December 29, 2004	Full Service Brick and Mortar
31	442341	Dacotah Bank Sioux Falls East Branch	3302 East 10th St, Sioux Falls, SD 57103	October 13, 2004	Full Service Brick and Mortar
33	465918	Dacotah Bank Sioux Falls South Branc	1209 East 57th Street, Sioux Falls, SD 57108	May 07, 2007	Full Service Brick and Mortar
34	5752	Brookings Branch	1411 6th Street, Brookings, SD 57006	March 28, 1928	Full Service Brick and Mortar
35	478875	Dacotah Bank Custer Branch	35 S 6th St, Custer, SD 57730	January 28, 2008	Full Service Brick and Mortar

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

Dacotah Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

Bank Assets Sold and Securitized (December 31, 2005)

List of branches

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Dacotah Bank in Aberdeen, South Dakota (SD), NDOverview, Financial Summary, Detailed Financial Reports, Branches

Dacotah Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

Bank Assets Sold and Securitized (December 31, 2005)

List of branches

Comment about this bank, ask questions, or add new information about it:

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