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.
Overall | |
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FDIC Certificate # | 496 |
Year Established | 1926 |
Employees | 36 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.11% |
Return on Equity - YTD | 13.02% |
Annual Interest Income | $4.7MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $333.7MM$304.2MM |
Loans | Q1 2025vs Q1 2024 | $256.8MM$234.9MM |
Deposits | Q1 2025vs Q1 2024 | $270.9MM$242.4MM |
Equity Capital | Q1 2025vs Q1 2024 | $28.8MM$21.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $2.6MM$2.4MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $341K$900K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for BankStar Financial are currently being reviewed.
BankStar Financial Locations | ||
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Bankstar Financial | 124 Elk St | Elkton, SD 57026 |
Brookings Branch | 427 8th St S | Brookings, SD 57006 |
Volga Branch | 303 Kasan Avenue | Volga, SD 57071 |