Dakota Prairie Bank in Fort Pierre, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Dakota Prairie Bank in Fort Pierre, South Dakota (SD)
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Dakota Prairie Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Corrections
    Change in Location
  • Financial Summary
  • Total 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
  • 15Total employees (full-time equivalent)
  • $59,010Total assets
  • $12,916Cash and due from depository institutions
  • $6,938Interest-bearing balances
  • $8,390Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $34,773Net loans & leases
  • $504Loan loss allowance
  • $0Trading account assets
  • $2,083Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $59,010Life insurance assets
  • $848All other assets
  • $53,910Total liabilities and capital
  • $53,723Total liabilities
  • $38,605Total deposits
  • $53,723Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $187Subordinated debt
  • $5,100All other liabilities
  • $5,100Total equity capital
  • $5,100Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $2,424Surplus
  • $2,626Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $639Long-term assets (5+ years)
  • $50,101Average Assets, year-to-date
  • $5,724Average Assets, quarterly
  • $55,213Volatile liabilities
  • $57,146Insider loans
  • $37,853FHLB advances
  • $58,146Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,026Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,765Restructured Loans and leases
  • $293Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,488Total interest income
  • $380Total interest expense
  • $2,108Net interest income
  • $157Provision for loan and lease losses
  • $266Total noninterest income
  • $0Fiduciary activities
  • $106Service charges on deposit accounts
  • $0Trading account gains & fees
  • $160Additional noninterest income
  • $1,477Total noninterest expense
  • $815Salaries and employee benefits
  • $289Premises and equipment expense
  • $373Additional noninterest expense
  • $740Pre-tax net operating income
  • $0Securities gains (losses)
  • $34Applicable income taxes
  • $706Income before extraordinary items
  • $0Extraordinary gains - net
  • $706Net income attributable to bank
  • $0Net charge-offs
  • $706Cash dividends
  • $70Sale, conversion, retirement of capital stock, net
  • $180Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.32%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.51%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 3.16%Noninterest expense to earning assets
  • 1.28%Net operating income to assets
  • 1.28%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 14.76%Return on equity (ROE)
  • 11.00%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 224.29%Credit loss provision to net charge-offs
  • 12.81%Efficiency ratio
  • 62,216Assets per employee
  • 3.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.50%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 64.73%Net loans and leases to core deposits
  • 70.08%Equity capital to assets
  • 8.64%Core capital (leverage) ratio
  • 8.64%Tier 1 risk-based capital ratio
  • 13.28%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $55,213Average earning assets
  • $4,783Average equity
  • $46,784Average loans

List of branches

  • 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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