Plains Commerce Bank

Plains Commerce Bank is headquartered in Hoven and is the 19^st largest bank in the state of South Dakota. It is also the 1,607^th largest bank in the nation. It was established in 1931 and as of March of 2012, it had grown to 102 employees at 6 locations. Plains Commerce Bank has a 4-star health rating.

Plains Commerce Bank Checking Account Rates

Plains Commerce Bank Savings Account Rates

Plains Commerce Bank Money Market Rates

Plains Commerce Bank CD Rates

Data for Q1 2012

Institution Statistics Plains Commerce Bank FDIC Certificate # 1678 BankRate Report View Year Established 1931 Employees 102 Primary Regulator FDIC Assets and Liabilities Assets $414.11 million Loans $293.52 million Deposits $349.80 million Equity Capital $61.70 million Loan Loss Allowance $4.74 million Unbacked Noncurrent Loans $9.15 million Real Estate Owned $6.25 million Historic Data - March 2011 Assets $394.49 million Equity Capital $54.78 million Loan Loss Allowance $4.66 million Unbacked Noncurrent Loans $4.99 million Real Estate Owned $4.48 million Profit Margin - Quarterly Net Interest Margin 4.18% Return on Assets 1.76% Return on Equity 11.94% Interest Income $5.35 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 Plains Commerce Bank had $15.39 million in non-current loans and owned real-estate with $66.44 million in equity and loan loss allowances on hand to cover it. This gives Plains Commerce Bank a Texas Ratio of 23.16% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Plains Commerce Bank increased slightly from 15.92% as of March 31, 2011 to 23.16% as of March 31, 2012, resulting in a negative change of 45.47%. This indicates that the balance sheet and financial strength for Plains Commerce Bank has declined slightly in recent periods. Deposit Growth In the past year, Plains Commerce Bank has increased its total deposits by $12.97 million, resulting in 3.85% 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 Plains Commerce Bank has shown is above average. 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. Plains Commerce Bank has $414.11 million in assets with $66.44 million in equity, resulting in a capitalization level of 16.04%, which is excellent.

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