Dacotah Bank

308 South Main Street
Aberdeen, SD 57401


2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17437
Date Established 1955
Assets $2.43 billion
Loans $2.00 billion
Deposits $2.09 billion
Capital $0.27 billion

Dacotah Bank is an FDIC insured institution located in Aberdeen, SD. It was founded in 1955 and has approximately $2.43 billion in assets. Customers can open an account at one of its 34 branches.

For a more detailed analysis of Dacotah Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Dacotah Bank’s loan portfolio are Commercial Real Estate, Farm Loans, and Commercial and Industrial Loans.

Compared to other banks in South Dakota, Dacotah Bank has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 6.35
Credit Card Loans 0.00
Consumer Auto Loans 0.72
Small Business Loans 6.69
Construction and Development Loans 3.49
Commercial Real Estate 21.50
Commercial and Industrial Loans 14.71
Farm Loans 17.91

Deposit Rates - October 19, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.14% $1,000 $9,999 Learn MoreShow Less
Money Market
0.30% $10,000 $24,999 Learn MoreShow Less
Money Market
0.50% $25,000 - Learn MoreShow Less
Premium Money Market Account
0.60% $10,000 - Learn MoreShow Less
3 Mo CD
0.90% $10,000 - Learn MoreShow Less
6 Mo CD
1.10% $10,000 - Learn MoreShow Less

1.45% $500 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.55% $500 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.11% $500 - Learn MoreShow Less

Loan Rates - October 19, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Dacotah Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.769% 4.750% 0.25 $552 $1,305 Learn More
NMLS ID: 399799
5.207% 5.125% 0.00 $2,441 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to Dacotah Bank
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Dacotah Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Dacotah Bank Locations

Financial Details

Dacotah Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Dacotah Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Dacotah Bank U.S. Bank Average
9.25% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, Dacotah Bank had $27,134,000 in non-current loans and $935,000 in owned real estate. To cover these potential losses it had $273,645,000 in equity and $29,871,000 in loans loss reserves. That gives it a Texas Ratio of 9.25%.

Return on Equity
Dacotah Bank U.S. Bank Average
10.42% 9.77%

Dacotah Bank has a Return on Equity of 10.42% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Dacotah Bank U.S. Bank Average
11.25% 12.31%

Dacotah Bank has a Capitalization of 11.25% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Dacotah Bank Balance Sheet Analysis

As of June 30, 2018, Dacotah Bank had assets of $2,432,282,000, loans of $2,001,913,000, and deposits of $2,087,302,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
Cash & Balances due from depository institutions $0.05 billion
Interest-bearing balances $0.01 billion
Total securities $0.24 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $2.00 billion
Loan loss allowance $0.03 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.01 billion
All other assets $0.09 billion
     Total Assets $2.16 billion
Total deposits $2.09 billion
      Interest-bearing deposits $1.83 billion
      Deposits held in domestic offices $2.09 billion
      % insured (estimated) 72.07%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.05 billion
Subordinated debt $0.00 billion
All other liabilities $0.02 billion
      Total Liabilities $2.16 billion
      Shareholders’ Equity $0.27 billion

Summary Income Statement

June 30, 2018
Total Interest Income $0.05 billion
Total Interest Expense $0.01 billion
Net interest income $0.04 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.03 billion
Pre-tax Net Operating Income $0.02 billion

Frequently Asked Questions About Dacotah Bank

Branches and Savings

Is Dacotah Bank FDIC insured?

Yes. It is covered under FDIC Certificate #17437.

Why does Dacotah Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Dacotah Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Dacotah Bank a commercial bank?


Where are Dacotah Bank locations?

See branch locations nearby.

Is Dacotah Bank open on Saturdays?

Is Dacotah Bank open on Sundays?

What time does Dacotah Bank open?

What time does Dacotah Bank close?

Are Dacotah Bank ATMs Open 24/7?

Do Dacotah Bank ATMs accept cash deposits?

Can Dacotah Bank customers use other ATMs?

Do Dacotah Bank branches have notaries?

Will Dacotah Bank notarize my document?

What address for Dacotah Bank should I put for incoming ACH transfers?

Will the Dacotah Bank branch print checks?

Do Dacotah Bank checks expire?

Does Dacotah Bank require US citizenship to open account?

Can Dacotah Bank close my account?

Does Dacotah Bank Report to credit bureaus?

Does Dacotah Bank Use Equifax?

What is Dacotah Bank's ACH Routing Number?

What is Dacotah Bank's SWIFT code?


Does Dacotah Bank offer mortgages?

Compare mortgage rates here.

Does Dacotah Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Dacotah Bank offer personal loans?

Compare personal loan rates here.

Does Dacotah Bank offer student loans?

Will Dacotah Bank cash a check?

Will Dacotah Bank redeem a savings bond?

Does Dacotah Bank cash savings bonds?

Will Dacotah Bank cash money orders?

Can Dacotah Bank issue a money order?

Does Dacotah Bank do currency exchange?

Background on The Bank

Who owns Dacotah Bank?

How long has Dacotah Bank been around?

Can Dacotah Bank transfer to other banks?

Does Dacotah Bank have quick pay?

Does Dacotah Bank accept rolled coins?

Will Dacotah Bank accept loose change?

Where is Dacotah Bank headquarters?

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