State Rankings & Insights
See how banks across SOUTH DAKOTA rank on Efficiency Ratio for 2025Q1. Values are reported in percentage terms as of 2025-03-31. Browse the table below or jump directly to an institution’s call‑report profile.
- Average: 62.91%
- Median: 60.88%
- Min / Max: 10.32% — 217.72%
Top banks by Efficiency Ratio in SOUTH DAKOTA
ONE AMERICAN BANK – CENTERVILLEFARMERS STATE BANK OF CANTON – CANTONPLAINS COMMERCE BANK – SIOUX FALLSFRONTIER BANK – SIOUX FALLSFIRST NB OF FREDERICK – FREDERICKCORTRUST BANK NATIONAL ASSN – MITCHELLSECURITY SAVINGS BANK – CANTONRELIABANK DAKOTA – ESTELLINEBANKWEST INC – PIERREFARMERS STATE BANK – PARKSTON
Count
58
Sum
3648.90%
Avg
62.91%
Median
60.88%
Min
10.32%
Max
217.72%
| Bank | City | Efficiency Ratio |
|---|---|---|
| ONE AMERICAN BANK | CENTERVILLE | 217.72% |
| FARMERS STATE BANK OF CANTON | CANTON | 98.47% |
| PLAINS COMMERCE BANK | SIOUX FALLS | 97.80% |
| FRONTIER BANK | SIOUX FALLS | 83.83% |
| FIRST NB OF FREDERICK | FREDERICK | 83.64% |
| CORTRUST BANK NATIONAL ASSN | MITCHELL | 79.90% |
| SECURITY SAVINGS BANK | CANTON | 79.34% |
| RELIABANK DAKOTA | ESTELLINE | 78.93% |
| BANKWEST INC | PIERRE | 77.78% |
| FARMERS STATE BANK | PARKSTON | 75.53% |
| FARMERS STATE BANK OF TURTON | TURTON | 74.84% |
| STATE BANK OF EAGLE BUTTE | EAGLE BUTTE | 73.45% |
| SECURITY BANK MIDWEST | TYNDALL | 72.46% |
| RICHLAND STATE BANK | BRUCE | 72.07% |
| CITIZENS STB OF ARLINGTON | ARLINGTON | 71.84% |
| SUNRISE BANK DAKOTA | ONIDA | 70.78% |
| FIRST NB IN SIOUX FALLS | SIOUX FALLS | 70.42% |
| COMMUNITY BANK | AVON | 70.20% |
| 1ST FINANCIAL BANK USA | DAKOTA DUNES | 68.75% |
| SECURITY STATE BANK | ALEXANDRIA | 68.15% |
| FIRST BANK&TRUST | BROOKINGS | 66.40% |
| DACOTAH BANK | ABERDEEN | 65.60% |
| BLACK HILLS CMTY BANK N A | RAPID CITY | 64.01% |
| FIRST WESTERN FSB | RAPID CITY | 63.84% |
| FARMERS&MERCHANTS STATE BANK | SCOTLAND | 63.16% |
| WESTERN DAKOTA BANK | TIMBER LAKE | 62.87% |
| BANKSTAR FINANCIAL | ELKTON | 62.77% |
| DNB NATIONAL BANK | CLEAR LAKE | 62.41% |
| RIVERS EDGE BANK | MARION | 61.25% |
| QUOIN FINANCIAL BANK | MILLER | 60.50% |
| FIRST PREMIER BANK | SIOUX FALLS | 60.24% |
| AMERICAN BANK&TRUST | SIOUX FALLS | 60.19% |
| ANDES STATE BANK | LAKE ANDES | 60.00% |
| FIRST FIDELITY BANK | BURKE | 58.11% |
| WELLS FARGO BANK NA | SIOUX FALLS | 57.97% |
| FIRST DAKOTA NATIONAL BANK | YANKTON | 57.45% |
| FARMERS STATE BANK | HOSMER | 56.44% |
| PIONEER BANK&TRUST | BELLE FOURCHE | 55.83% |
| BRYANT STATE BANK | BRYANT | 54.56% |
| CITIBANK NATIONAL ASSN | SIOUX FALLS | 54.44% |
| COMMERCIAL STB OF WAGNER | WAGNER | 53.99% |
| MERCHANTS STATE BANK | FREEMAN | 52.95% |
| PATHWARD NATIONAL ASSN | SIOUX FALLS | 52.10% |
| HEARTLAND STATE BANK | REDFIELD | 50.74% |
| IPSWICH STATE BANK | IPSWICH | 49.91% |
| FIRST STATE BANK OF ROSCOE | ROSCOE | 48.71% |
| SECURITY NB OF SOUTH DAKOTA | DAKOTA DUNES | 46.54% |
| CAMPBELL COUNTY BANK INC | HERREID | 46.00% |
| FIRST NB IN PHILIP | PHILIP | 45.20% |
| ANCHORAGE DIGITAL BANK NA | SIOUX FALLS | 44.25% |
| FARMERS&MERCHANTS STATE BANK | PLANKINTON | 41.50% |
| FIRST NATIONAL BANK | OLDHAM | 40.75% |
| FIRST SAVINGS BANK | BERESFORD | 40.63% |
| BCORP BANK NATIONAL ASSN | SIOUX FALLS | 38.60% |
| FIRST NATIONAL BANK | FORT PIERRE | 38.00% |
| SECURITY STATE BANK | EMERY | 33.83% |
| GREAT PLAINS BANK | EUREKA | 20.94% |
| U S BANK TRUST NA SD | SIOUX FALLS | 10.32% |