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)
  • Show street view No street view available for this location

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

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Dacotah Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents