Dakota Prairie Bank in Fort Pierre, South Dakota (SD)



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Dakota Prairie Bank routing number info

Table of contents:
Dakota Prairie Bank
GeneralFDIC Certificate #: 504
Status: Active
Federal Reserve ID: 464255
Bank Holding Company (Regulatory Top Holder): Draper Holding Company, Inc. (RSSDID: 1246355, Location: Draper, SD)
Date Established: June 28, 1906
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 364
Numeric code: 21
Regulator: FDIC
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 16, 2010
Last Structure Change Process Date: August 17, 2010
Last Data Update: August 17, 2010
Data Source Date: April 05, 2012
LocationAddress: 1204 Yellowstone, Fort Pierre, SD 57532
County: Stanley
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): Pierre, SD (#38180)
CBSA Micro Statistical Area: Yes
History of ChangesCorrections
Change in Location
Financial SummaryTotal assets: $59.0 mil
Equity capital: $5.1 mil
Deposits held in domestic offices: $53.7 mil
Return on assets (ROA): 1.28% ($0.8 mil)
Quarterly return on assets: 1.37% ($0.8 mil)
Return on Equity (ROE): 14.76% ($0.7 mil)
Quarterly return on equity: 15.54% ($0.8 mil)
Net income: $0.7 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.34% ($790.7 mil)
Quarterly Pretax return on assets: 1.57% ($926.5 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)
Total employees (full-time equivalent)15
Total assets$59,010
Cash and due from depository institutions$12,916
Interest-bearing balances$6,938
Securities$8,390
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$34,773
Loan loss allowance $504
Trading account assets$0
Bank premises and fixed assets$2,083
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$848
Life insurance assets$59,010
Total liabilities and capital$53,910
Total liabilities$53,723
Total deposits$38,605
Interest-bearing deposits$53,723
Deposits held in domestic offices$90
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $187
All other liabilities $5,100
Total equity capital$5,100
Total bank equity capital$5,100
Perpetual preferred stock$0
Common stock$50
Surplus$2,424
Undivided profits $2,626
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $639
Average Assets, year-to-date $50,101
Average Assets, quarterly $5,724
Volatile liabilities $55,213
Insider loans $57,146
FHLB advances $37,853
Loans and leases held for sale $58,146
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,026
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,765
Derivatives$293
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,488
Total interest expense $380
Net interest income $2,108
Provision for loan and lease losses $157
Total noninterest income $266
Fiduciary activities $0
Service charges on deposit accounts $106
Trading account gains & fees $0
Additional noninterest income $160
Total noninterest expense $1,477
Salaries and employee benefits $815
Premises and equipment expense $289
Additional noninterest expense $373
Pre-tax net operating income $740
Securities gains (losses) $0
Applicable income taxes $34
Income before extraordinary items $706
Extraordinary gains - net $0
Net income attributable to bank $706
Net charge-offs $0
Cash dividends $706
Sale, conversion, retirement of capital stock, net $70
Net operating income $180
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.32%
Cost of funding earning assets 0.81%
Net interest margin 4.51%
Noninterest income to earning assets 0.57%
Noninterest expense to earning assets 3.16%
Net operating income to assets 1.28%
Return on assets (ROA) 1.28%
Pretax return on assets 1.34%
Return on equity (ROE) 14.76%
Retained earnings to average equity (YTD only) 11.00%
Net charge-offs to loans 0.21%
Credit loss provision to net charge-offs 224.29%
Efficiency ratio12.81%
Assets per employee$62,216
Cash dividends to net income (YTD only)3.93%
Condition Ratios (%)
Loss allowance to loans 25.50%
Loss allowance to noncurrent loans 1.43%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 64.73%
Equity capital to assets 70.08%
Core capital (leverage) ratio 8.64%
Tier 1 risk-based capital ratio 8.64%
Total risk-based capital ratio 13.28%
Memoranda
Average assets$15
Average earning assets$55,213
Average equity $4,783
Average loans $46,784
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3 South Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0364Dakota Prairie Bank1204 Yellowstone, Fort Pierre, SD 57532June 28, 1906Full Service Brick and Mortar
1202213Draper Branch100 Main Street, Draper, SD 57531December 07, 1962Full Service Brick and Mortar
2510575Presho Branch211 Main Avenue, Presho, SD 57568June 16, 2010Full Service Brick and Mortar
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