Plains Commerce Bank

Overview / Commentary
220 Main Street
Hoven, SD 57450

Plains Commerce Bank is headquartered in SIOUX FALLS and is the 15th largest bank in the state of South Dakota. It is also the 905th largest bank in the nation. It was established in 1931 and as of March of 2023, it had grown to 412 employees at 9 locations. Plains Commerce Bank has a B+ health rating.


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Health Grade Components

FDIC Certificate #1678
Year Established1931
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.02%
Return on Equity - YTD8.84%
Annual Interest Income$12.9MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$1.12B$1.03B
LoansQ1 2023vs Q1 2022$881.8MM$710.9MM
DepositsQ1 2023vs Q1 2022$881.2MM$889.6MM
Equity CapitalQ1 2023vs Q1 2022$125.5MM$124.8MM
Loan Loss AllowanceQ1 2023vs Q1 2022$10.3MM$8.4MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$6.7MM$5.3MM
Real Estate OwnedQ1 2023vs Q1 2022$0$1.3MM

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Plains Commerce Bank Locations
Watertown Branch109 First Avenue SoutheastWatertown, SD 57201
Plains Commerce Bank1411 East 10th StreetSioux Falls, SD 57103
Plains Commerce Bank220 Main StHoven, SD 57450
Conde Branch280 Broadway StConde, SD 57434
Sioux Falls Branch3905 West 49th StreetSioux Falls, SD 57106
Aberdeen Branch524 South Dakota StreetAberdeen, SD 57401
Plains Commerce Bank404 South 3rd StreetBismarck, ND 58504
Mitchell Branch1130 South Burr Street, Suite 100Mitchell, SD 57301
Sioux Falls - E. 57th Branch4700 E 57th StSioux Falls, SD 57108

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