Andes State Bank

Lake Andes, SD
IDRSSD: 410159
Total Assets
$24.99M
Latest filing
Total Deposits
$21.24M
Latest filing
Net Interest Margin
4.68%
Profitability

Locations

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Main Office
Andes State Bank
213 Main St
Lake Andes, SD 57356
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/05/1962FDIC Certificate 12378

Branches (0)

Page 1 of 1
NameAddressCity / State
No branch data available.
Andes State Bank (Main)213 Main StLake Andes, SD

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date02/05/1962
Community BankYes
Ownership TypeNot Mutual
ZIP57356
State and County Number46023
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameN/A

Operational Info

Number of Employees4
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance02/05/1962
Primary Insurance AgencyDIF
Websitewww.andesstatebank.com
Data Updated11/14/2025
CERT18483
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$24.99M
Total Deposits$21.24M
Total Liabilities$21.34M
Total Equity Capital$3.65M
Net Income$66.00k
Net Loans and Leases$10.65M
Assets Per Employee ($Millions)$8.33M
Bank Premises and Fixed Assets$131.00k
Cash and Balances due from Depository Institutions$10.30M
Deposits Held in Domestic Offices$21.24M

Key Performance Ratios

Return on Assets (ROA)1.01%
Return on Equity (ROE)7.32%
Net Interest Margin4.68%
Efficiency Ratio56.9%
Tier 1 Risk-Based Capital Ratio29.714%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.57%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.612%
Earning Assets to total Assets90.6%

Income and Expense

Total Interest Income$319.00k
Total Noninterest Income$22.00k
Total Interest Expense$44.00k
Total Noninterest Expense$169.00k
Net Interest Income$275.00k
Pre-tax Net Operating Income$91.00k
Provision for Credit Losses$37.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$1.73M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$93.00k
Total Liabilities and Capital$24.99M

Securities

Securities$1.89M
Available-for-sale debt securities$1.89M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Andes State Bank?
$24.99M as of the latest filing.
How much are Andes State Bank's total deposits?
$21.24M in total deposits.
Where is Andes State Bank located?
Lake Andes, SD.
What is the Net Interest Margin?
4.68%.
How many domestic offices does it operate?
1.
When was it established?
02/05/1962.
What is the Return on Assets (ROA)?
1.01%.
How much are total loans and leases?
$10.65M (latest filing).
What is the total interest income (latest filing)?
$319.00k.