Pioneer Bank & Trust in Belle Fourche, South Dakota (SD)

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Pioneer Bank & Trust routing number info

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Pioneer Bank & Trust
GeneralFDIC Certificate #: 15562
Status: Active
Federal Reserve ID: 65559
Bank Holding Company (Regulatory Top Holder): Belle Fourche Bancshares, Inc. (RSSDID: 1143511, Location: Spearfish, SD)
Date Established: August 30, 1937
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
FDIC's unique #: 9854
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: December 04, 1937
Last Structure Change Effective Date: March 28, 2011
Last Structure Change Process Date: April 05, 2011
Last Data Update: April 05, 2011
Data Source Date: April 05, 2012
LocationAddress: 700 State Street, Belle Fourche, SD 57717
County: Butte
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
History of ChangesChange in Primary Regulatory Agency
Change in Supervisory Agency
Institution Withdraws from FRS (Federal Reserve System)
Financial SummaryTotal assets: $467.3 mil
Equity capital: $45.9 mil
Deposits held in domestic offices: $416.1 mil
Return on assets (ROA): 1.81% ($8.5 mil)
Quarterly return on assets: 1.24% ($5.8 mil)
Return on Equity (ROE): 18.05% ($8.3 mil)
Quarterly return on equity: 12.38% ($5.7 mil)
Net income: $8.0 mil
Quarterly Net income: $1.4 mil
Pretax return on assets: 1.89% ($8,831.9 mil)
Quarterly Pretax return on assets: 1.33% ($6,215.1 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)93
Total assets$467,298
Cash and due from depository institutions$113,980
Interest-bearing balances$109,628
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$201,622
Loan loss allowance $2,063
Trading account assets$0
Bank premises and fixed assets$7,293
Other real estate owned$44
Goodwill and other intangibles$0
All other assets$9,680
Life insurance assets$467,298
Total liabilities and capital$421,400
Total liabilities$416,101
Total deposits$384,477
Interest-bearing deposits$416,101
Deposits held in domestic offices$76
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $5,299
All other liabilities $45,898
Total equity capital$45,898
Total bank equity capital$45,898
Perpetual preferred stock$0
Common stock$495
Undivided profits $27,898
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $400
Income earned, not collected on loans $1,423
Earning assets $0
Long-term assets (5+ years) $2,045
Average Assets, year-to-date $445,929
Average Assets, quarterly $71,056
Volatile liabilities $439,912
Insider loans $458,652
FHLB advances $224,852
Loans and leases held for sale $460,863
Unused loan commitments $6,427
Tier 1 (core) risk-based capital $6,427
Tier 2 risk-based capital $43,878
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $51,864
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $15,443
Total interest expense $2,606
Net interest income $12,837
Provision for loan and lease losses $169
Total noninterest income $4,293
Fiduciary activities $1,699
Service charges on deposit accounts $1,030
Trading account gains & fees $0
Additional noninterest income $1,564
Total noninterest expense $9,540
Salaries and employee benefits $5,903
Premises and equipment expense $1,215
Additional noninterest expense $2,422
Pre-tax net operating income $7,421
Securities gains (losses) $897
Applicable income taxes $349
Income before extraordinary items $7,969
Extraordinary gains - net $0
Net income attributable to bank $7,969
Net charge-offs $0
Cash dividends $7,969
Sale, conversion, retirement of capital stock, net $94
Net operating income $4,406
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.68%
Cost of funding earning assets 0.62%
Net interest margin 3.06%
Noninterest income to earning assets 1.02%
Noninterest expense to earning assets 2.28%
Net operating income to assets 1.62%
Return on assets (ROA) 1.81%
Pretax return on assets 1.89%
Return on equity (ROE) 18.05%
Retained earnings to average equity (YTD only) 8.07%
Net charge-offs to loans 0.05%
Credit loss provision to net charge-offs 179.79%
Efficiency ratio80.74%
Assets per employee$55,692
Cash dividends to net income (YTD only)5.02%
Condition Ratios (%)
Loss allowance to loans 55.29%
Loss allowance to noncurrent loans 1.01%
Noncurrent assets plus other real estate owned to assets 144.98%
Noncurrent loans to loans 0.31%
Net loans and leases to deposits0.70%
Net loans and leases to core deposits 48.46%
Equity capital to assets 50.72%
Core capital (leverage) ratio 9.82%
Tier 1 risk-based capital ratio 9.52%
Total risk-based capital ratio 19.51%
Average assets$20
Average earning assets$439,912
Average equity $44,138
Average loans $419,156
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$186,972
Number of Accounts1
Personal trust and agency accounts$170,784
Employee benefit-defined contribution accounts$163,114
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$4,107
Non-managed Assets$3,563
Number of Accounts207
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$16,188
Corporate trust and agency accounts$10,000
Other fiduciary accounts$6,188
Fiduciary accounts held in foreign offices$0
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7 South Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09854Pioneer Bank & Trust700 State Street, Belle Fourche, SD 57717August 30, 1937Full Service Brick and Mortar
1234543Spearfish Branch140 E Jackson Blvd, Spearfish, SD 57783August 09, 1961Full Service Brick and Mortar
2234544Rapid City West Branch2001 West Omaha Street, Rapid City, SD 57702March 21, 1984Full Service Brick and Mortar
3763Buffalo Branch102 Main Street, Buffalo, SD 57720June 01, 1913Full Service Brick and Mortar
4234545Rapid City South Branch2018 Mount Rushmore Road, Rapid City, SD 57709January 03, 1994Full Service Brick and Mortar
5465190Administration Center125 E Colorado Blvd Ste 1a, Spearfish, SD 57783December 20, 2002Limited Service Administrative
6526143Sturgis Branch2611 Lazelle Street, Sturgis, SD 57785October 11, 2011Full Service Brick and Mortar
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