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

BankStar Financial is headquartered in Elkton and is the 29th largest bank in the state of South Dakota. It is also the 3,479th largest bank in the nation. It was established in 1926 and as of December of 2016, 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 - YTD1.1%
Return on Equity - YTD10.44%
Annual Interest Income$6.1MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$156.2MM$134.8MM
LoansQ4 2016vs Q4 2015$116.1MM$106.0MM
DepositsQ4 2016vs Q4 2015$135.8MM$115.8MM
Equity CapitalQ4 2016vs Q4 2015$15.0MM$14.7MM
Loan Loss AllowanceQ4 2016vs Q4 2015$798.00K$685.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$710.00K$479.00K
Real Estate OwnedQ4 2016vs Q4 2015$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