BankStar Financial


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 2,920th largest bank in the nation. It was established in 1926 and as of June of 2019, it had grown to 32 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
Employees32
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD11.54%
Annual Interest Income$4.3MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$195.3MM$172.2MM
LoansQ2 2019vs Q2 2018$149.6MM$133.8MM
DepositsQ2 2019vs Q2 2018$162.8MM$149.9MM
Equity CapitalQ2 2019vs Q2 2018$18.4MM$16.9MM
Loan Loss AllowanceQ2 2019vs Q2 2018$1.2MM$1.1MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$918.00K$240.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates
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BankStar Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%*-$25kePlus Checking
OTHER TIERS: 0.40% $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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