Dacotah Bank Reports – 256553

Dacotah Bank Financial Reports

Quarter Ended: 2024-12-31

Data Updated on: 03/14/2025

Dacotah Bank is a N/A located in Aberdeen, SD. Established on 04/30/1955, the bank is regulated by the FED and has 35 domestic offices. It operates in the Aberdeen, SD.

The bank has 585 employees and holds $4,440,049k in total assets. With a focus on community banking, the bank has been serving its customers since 04/30/1955.

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Dacotah Bank Institution Profile

Established Date 04/30/1955 Institution Class N/A
Primary Regulator FED Number of Domestic Offices 35
Number of Foreign Offices 0 Number of US Offices 0
Number of Employees 585 Directly owned by another bank (CERT) No
Community Bank Yes ZIP 57401
Ownership Type Not Mutual City Aberdeen
State Alpha code SD State and County Number 46013
Subchapter S Corporations No Trust Powers N/A
Federal Reserve ID Number 9 Federal Reserve ID Number Description N/A
Office of The Comptroller District: N/A Office of Thrift Supervision Region N/A
Last Structure Change Effective Date 06/30/2024 Date of Deposit Insurance 04/30/1955
Primary Insurance Agency DIF

Institution Profile Overview

Delve into the foundational details of Dacotah Bank with our “Institution Profile” table. The 04/30/1955 marks the bank’s inception, providing historical context. Categorized as a N/A, the bank operates under the oversight of FED, ensuring compliance and regulatory adherence.

35 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Aberdeen, SD, and 57401 provide geographic context. Explore these attributes to gain a holistic view of Dacotah Bank in the financial landscape.

Dacotah Bank Financials

(USD, in thousands)

Total Assets $4,440,049 Total Liabilities $4,035,115
Total Equity Capital $404,934 Total Deposits $3,939,361
Net Loans and Leases $3,579,192 Total Interest Income $58,918
Total Noninterest Income $7,782 Total Interest Expense $24,231
Total Noninterest Expense $29,022 Tier 1 Risk-Based Capital Ratio 11.10%
Net Loans and Leases to Core Deposits 98.17% Return on Assets 0.96%
Return on Equity 10.50% Efficiency Ratio 68.29%

Financial Performance Overview

Gain a comprehensive perspective on Dacotah Bank’s financial landscape through our “Financials” table. The bank boasts total assets of $4,440,049k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $4,035,115k and total equity capital at $404,934k.

Delve into key operational metrics, including total deposits of $3,939,361k, net loans and leases at $3,579k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 11.0977, and Return on Assets at 0.96. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of Dacotah Bank’s performance and competitive positioning within the financial industry.

Dacotah Bank Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x) $92 Net Loans and Leases to Core Deposits 98.17%
Tier 1 Risk-Based Capital Ratio 11.10% Securities Gains (Losses) -$2,093
Goodwill and Other Intangibles N/A Cost of Funding Earning Assets 2.36%
Yield on Earning Assets 5.74% Total Interest Income $58,918
Applicable Income Taxes $734 Loss Allowance to Loans and Leases 1.10%
Net Loans and Leases $3,579,192 Loss Allowance to Noncurrent Loans and Leases 220.44%
Noncurrent Loans to Loans 0.50% Net Income Attributable to Bank and Noncontrolling Interests $10,620
Net Interest Income $34,687 Net Interest Margin 3.38%
Net Operating Income to Assets 1.14% Noninterest Income to Average Assets 0.71%
Total Noninterest Income $7,782 Noninterest Expense to Average Assets 2.63%
Total Noninterest Expense $29,022 Net Charge-Offs to Loans and Leases 0.06%
All Other Assets $152,154 Other Real Estate Owned $113
Other borrowed funds $48,100 Pre-tax Net Operating Income $13,447
Pretax Return on Assets 1.03% Return on Assets 0.96%
Retained Earnings to Average Equity (YTD only) 6.80%

Insights into Financial Metrics

Enhance your understanding of Dacotah Bank‘s financial standing through our Additional Financial Information table. Explore key metrics such as Net Loans and Leases: $3,579,192k and Net Interest Income $34,687k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 11.0977 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0.06 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income: $7,782k and evaluate operational efficiency using metrics like Efficiency Ratio: 68.29. This nuanced financial overview empowers a comprehensive analysis of Dacotah Bank‘s strategic financial position and performance in the industry.

Frequently Asked Questions (FAQs)

What is the asset size of Dacotah Bank?

The asset size of Dacotah Bank is approximately $4,440,049k, reflecting the bank’s scale and market presence.

How does the loan-to-deposit ratio of Dacotah Bank compare to industry benchmarks?

The loan-to-deposit ratio is a crucial measure of the bank’s financial health. For Dacotah Bank, this ratio stands at
90.86%
(please calculate and adjust this logic based on real data retrieval), compared to industry averages typically ranging from 80% to 90%.

What is the capital adequacy ratio for Dacotah Bank?

The Tier 1 Risk-Based Capital Ratio, a key indicator of the bank’s financial stability, is 11.0977.

What is the net interest margin of Dacotah Bank, and how has it trended over the past year?

The current net interest margin is 3.38. Historical trends would require a more detailed analysis over the past quarters, which can be provided upon request.

What is the percentage of non-performing loans on Dacotah Bank’s balance sheet?

The percentage of non-performing loans is an important metric indicating asset quality. For Dacotah Bank, this stands at 0.5008.

Are there any recent regulatory changes that could impact Dacotah Bank’s operations?

Regulatory environments are dynamic. Specific recent changes would require further detailed scanning of regulatory updates impacting Dacotah Bank. For tailored insights, please consult our expert or access our detailed reports.

What is the history of Dacotah Bank?

Dacotah Bank was established on 04/30/1955. It has been serving the community for several decades, continuously adapting to the changing financial landscape. For a detailed history, please refer to the bank’s about page.

Is Dacotah Bank FDIC insured?

Yes, Dacotah Bank is FDIC insured, ensuring that deposits are protected up to the applicable limits. This underlines the bank’s commitment to maintaining customer trust and financial security.

What is the routing number for Dacotah Bank in OK?

The routing number for Dacotah Bank in Oklahoma is not available. It’s recommended to verify with the bank directly for transactions.

How big is Dacotah Bank?

Dacotah Bank is a significant player in the financial sector with total assets valued at $4,440,049k and a network of 35 domestic offices.

Is Dacotah Bank a local bank?

Dacotah Bank is often considered a local bank due to its strong community focus and local market presence, despite having a broader operational reach. This combination allows it to serve local communities effectively while benefiting from larger-scale operations.

This table provides key financial information about Dacotah Bank. Get more data about Dacotah Bank on Visbanking Report Portal.