Dacotah Bank

Dacotah Bank is headquartered in Aberdeen and is the 5^th largest bank in the state of South Dakota. It is also the 366^th largest bank in the nation. It was established in 1955 and as of March of 2012, it had grown to 467 employees at 32 locations. Dacotah Bank has a 4-star health rating.

Dacotah Bank Routing Number: 091400172

Data for Q1 2012

Institution Statistics Dacotah Bank FDIC Certificate # 17437 BankRate Report View Year Established 1955 Employees 467 Primary Regulator FED Assets and Liabilities Assets $1.91 billion Loans $1.34 billion Deposits $1.69 billion Equity Capital $182.92 million Loan Loss Allowance $17.86 million Unbacked Noncurrent Loans $21.01 million Real Estate Owned $1.85 million Historic Data - March 2011 Assets $1.79 billion Equity Capital $163.32 million Loan Loss Allowance $16.71 million Unbacked Noncurrent Loans $19.66 million Real Estate Owned $1.89 million Profit Margin - Quarterly Net Interest Margin 3.79% Return on Assets 0.88% Return on Equity 9.26% Interest Income $21.05 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Dacotah Bank had $22.87 million in non-current loans and owned real-estate with $200.78 million in equity and loan loss allowances on hand to cover it. This gives Dacotah Bank a Texas Ratio of 11.39% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Dacotah Bank held steady from 11.84% as of March 31, 2011 to 11.39% as of March 31, 2012, resulting in a positive change of 3.79%.This indicates that the balance sheet and financial strength for Dacotah Bank has held steady in recent periods. Deposit Growth In the past year, Dacotah Bank has increased its total deposits by $99.86 million, resulting in 6.28% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Dacotah Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Dacotah Bank has $1.91 billion in assets with $200.78 million in equity, resulting in a capitalization level of 10.50%, which is above average.

No reviews have been left for this bank yet. Be the first to review.