Target National Bank

Target National Bank is headquartered in Sioux Falls and is the 27^th largest bank in the state of South Dakota. It is also the 3,907^th largest bank in the nation. It was established in 1994 and as of March of 2012, it had grown to 96 employees at 1 location. Target National Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics Target National Bank FDIC Certificate # 33868 BankRate Report View Year Established 1994 Employees 96 Primary Regulator OCC Assets and Liabilities Assets $148.08 million Loans $65.52 million Deposits $67.93 million Equity Capital $55.99 million Historic Data - March 2011 Assets $111.67 million Equity Capital $54.28 million Profit Margin - Quarterly Net Interest Margin 1.65% Return on Assets 11.37% Return on Equity 30.26% Interest Income $451,000

Institution Health Overall Score: 5 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 Target National Bank had $0 in non-current loans and owned real-estate with $55.99 million in equity and loan loss allowances on hand to cover it. This gives Target National Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Target National Bank has increased its total deposits by $34.66 million, resulting in 104.2% 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 Target National 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. Target National Bank has $148.07 million in assets with $55.99 million in equity, resulting in a capitalization level of 37.81%, which is excellent.

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