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

This bank is inactive as of May 24, 1997

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

  • General
  • FDIC Certificate #: 6072
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Dacotah Bank (#17437)
    Federal Reserve ID: 411754
    Date Established: January 01, 1920
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 4097
    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: Main Street, Lemmon, SD 57638
    County: Perkins
    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: $71.8 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)
  • $23Total assets
  • $72,638Cash and due from depository institutions
  • $3,004Interest-bearing balances
  • $898Securities
  • $25,743Federal funds sold & reverse repurchase agreements
  • $1,550Net loans & leases
  • $39,517Loan loss allowance
  • $2,013Trading account assets
  • $0Bank premises and fixed assets
  • $519Other real estate owned
  • $55Goodwill and other intangibles
  • $2,250Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $72,638Total liabilities
  • $64,886Total deposits
  • $63,153Interest-bearing deposits
  • $58,303Deposits held in domestic offices
  • 63153.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $121Subordinated debt
  • $450All other liabilities
  • $1,162Total equity capital
  • $1,162Total bank equity capital
  • $7,752Perpetual preferred stock
  • $0Common stock
  • $350Surplus
  • $1,000Undivided profits
  • Memoranda
  • $6,402Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $300Income earned, not collected on loans
  • $1,404Earning assets
  • $67,708Long-term assets (5+ years)
  • $7,812Average Assets, year-to-date
  • $69,838Average Assets, quarterly
  • $70,993Volatile liabilities
  • $10,738Insider loans
  • $770FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $9,719Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,670Total risk weighted assets
  • $45,934Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,672Total interest expense
  • $2,801Net interest income
  • $2,871Provision for loan and lease losses
  • $0Total noninterest income
  • $168Fiduciary activities
  • $0Service charges on deposit accounts
  • $150Trading account gains & fees
  • $0Additional noninterest income
  • $18Total noninterest expense
  • $1,293Salaries and employee benefits
  • $591Premises and equipment expense
  • $169Additional noninterest expense
  • $533Pre-tax net operating income
  • $1,746Securities gains (losses)
  • $0Applicable income taxes
  • $621Income before extraordinary items
  • $1,125Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,125Net charge-offs
  • -$407Cash dividends
  • $350Sale, 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
  • 8.69%Cost of funding earning assets
  • 4.29%Net interest margin
  • 4.40%Noninterest income to earning assets
  • 0.26%Noninterest expense to earning assets
  • 1.98%Net operating income to assets
  • 1.61%Return on assets (ROA)
  • 1.61%Pretax return on assets
  • 2.50%Return on equity (ROE)
  • 15.67%Retained earnings to average equity (YTD only)
  • 10.80%Net charge-offs to loans
  • -0.97%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 42,547Assets per employee
  • 3.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.11%Loss allowance to loans
  • 4.85%Loss allowance to noncurrent loans
  • 671.00%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 62.57%Net loans and leases to core deposits
  • 75.27%Equity capital to assets
  • 10.67%Core capital (leverage) ratio
  • 10.68%Tier 1 risk-based capital ratio
  • 16.70%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $69,838Average earning assets
  • $7,179Average equity
  • $65,249Average loans

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