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

BankStar Financial is headquartered in Elkton and is the 30th largest bank in the state of South Dakota. It is also the 3,451st largest bank in the nation. It was established in 1926 and as of March of 2017, 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 - YTD1.11%
Return on Equity - YTD11.42%
Annual Interest Income$1.6MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$158.2MM$136.5MM
LoansQ1 2017vs Q1 2016$117.0MM$106.9MM
DepositsQ1 2017vs Q1 2016$137.3MM$117.1MM
Equity CapitalQ1 2017vs Q1 2016$15.6MM$15.1MM
Loan Loss AllowanceQ1 2017vs Q1 2016$813.00K$693.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$687.00K$234.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
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BankStar Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*-$25kePlus Checking
OTHER TIERS: 0.25% $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