Western Dakota Bank

Western Dakota Bank is headquartered in Timber Lake and is the 75^th largest bank in the state of South Dakota. It is also the 6,944^th largest bank in the nation. It was established in 1919 and as of March of 2012, it had grown to 14 employees at 3 locations. Western Dakota Bank has a 5-star health rating.

Western Dakota Bank Routing Number: 091404000

Data for Q1 2012

Institution Statistics Western Dakota Bank FDIC Certificate # 492 BankRate Report View Year Established 1919 Employees 14 Primary Regulator FDIC Assets and Liabilities Assets $30.02 million Loans $8.24 million Deposits $27.51 million Equity Capital $2.45 million Loan Loss Allowance $102,000 Unbacked Noncurrent Loans $44,000 Historic Data - March 2011 Assets $27.04 million Equity Capital $2.30 million Loan Loss Allowance $105,000 Unbacked Noncurrent Loans $53,000 Profit Margin - Quarterly Net Interest Margin 5.68% Return on Assets 0.2% Return on Equity 2.46% Interest Income $263,000

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 Western Dakota Bank had $44,000 in non-current loans and owned real-estate with $2.55 million in equity and loan loss allowances on hand to cover it. This gives Western Dakota Bank a Texas Ratio of 1.73% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Western Dakota Bank decreased slightly from 2.20% as of March 31, 2011 to 1.73% as of March 31, 2012, resulting in a positive change of 21.73%.This indicates that the balance sheet and financial strength for Western Dakota Bank has improved slightly in recent periods. Deposit Growth In the past year, Western Dakota Bank has increased its total deposits by $2.83 million, resulting in 11.47% 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 Western Dakota 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. Western Dakota Bank has $30.02 million in assets with $2.55 million in equity, resulting in a capitalization level of 8.50%, which is average.

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