Overview / Commentary
605-542-2681
124 Elk Street
Elkton, SD 57026

BankStar Financial is headquartered in Elkton and is the 31st largest bank in the state of South Dakota. It is also the 3,107th largest bank in the nation. It was established in 1926 and as of September of 2018, it had grown to 31 employees at 3 locations. BankStar Financial has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #496
Year Established1926
Employees31
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.38%
Return on Equity - YTD14.19%
Annual Interest Income$6.1MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$178.5MM$163.1MM
LoansQ3 2018vs Q3 2017$136.6MM$126.4MM
DepositsQ3 2018vs Q3 2017$153.4MM$138.1MM
Equity CapitalQ3 2018vs Q3 2017$17.1MM$16.5MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.2MM$923.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$299.00K$321.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
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BankStar Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%*-$25kePlus Checking
OTHER TIERS: 0.50% $25k+
Locations


BankStar Financial Locations
Bankstar Financial124 Elk StreetElkton, SD 57026
Brookings Branch427 8th St SBrookings, SD 57006
Volga Branch 303 Kasan AvenueVolga, SD 57071

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