BankStar Financial


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

BankStar Financial is headquartered in ELKTON and is the 27th largest bank in the state of South Dakota. It is also the 2,345th largest bank in the nation. It was established in 1926 and as of March of 2025, it had grown to 36 employees at 3 locations. BankStar Financial has an A health rating.

Reviews

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Health

Health Grade Components

Overall
FDIC Certificate #496
Year Established1926
Employees36
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD13.02%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$333.7MM$304.2MM
LoansQ1 2025vs Q1 2024$256.8MM$234.9MM
DepositsQ1 2025vs Q1 2024$270.9MM$242.4MM
Equity CapitalQ1 2025vs Q1 2024$28.8MM$21.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$2.6MM$2.4MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$341K$900K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for BankStar Financial are currently being reviewed.

Locations


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

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