Dakota Prairie Bank

Headquarters

1204 Yellowstone Street
Fort Pierre, SD 57532
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 0.91% →
1-Year CD 0.50% 0.85% →
2-Year CD 0.75% 0.95% →
5-Year CD 1.10% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Dakota Prairie Bank is an FDIC insured institution located in Fort Pierre, SD. It was founded in 1906 and has approximately $0.1 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 504
Date Established 1906
Assets $ 96.20 million
Loans $ 69.48 million
Deposits $ 84.08 million
Capital $ 11.60 million
 

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

Deposit Rates - December 2, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.03% $1 $24,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $1,000 - Learn More
6 Mo CD
0.35% $1,000 - Learn More
12 Mo CD
0.50% $1,000 - Learn More
18 Mo CD
0.55% $500 - Learn More
24 Mo CD
0.75% $500 - Learn More
30 Mo CD
0.80% $500 - Learn More
36 Mo CD
0.90% $500 - Learn More
48 Mo CD
1.00% $500 - Learn More
60 Mo CD
1.10% $100 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 $24,999 Learn MoreShow Less
 

Loan Rates - December 2, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Dakota Prairie 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.560% 2.500% 0.75 $1,980 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Dakota Prairie Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

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

Your Location:
Ashburn,Virginia


Dakota Prairie Bank Locations


Financial Details

Dakota Prairie Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Dakota Prairie 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
Dakota Prairie Bank U.S. Bank Average
0% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, Dakota Prairie Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,598,000 in equity and $1,122,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Dakota Prairie Bank U.S. Bank Average
10.16% 7.80%

Dakota Prairie Bank has a Return on Equity of 10.16% versus the BestCashCow average of 7.80%. 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.

Capitalization
Dakota Prairie Bank U.S. Bank Average
12.06% 12.68%

Dakota Prairie Bank has a Capitalization of 12.06% versus the BestCashCow average of 12.68. 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.

Dakota Prairie Bank Balance Sheet Analysis

As of March 31, 2020, Dakota Prairie Bank had assets of $96,202,000, loans of $69,476,000, and deposits of $84,078,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 13.17 million
Interest-bearing balances $ 7.86 million
Total securities $ 5.41 million
Federal funds sold and reverse repurchase $ 3.00 million
Net loans and leases $ 69.48 million
Loan loss allowance $ 1.12 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 2.71 million
     Total Assets $ 84.60 million
LIABILITIES
Total deposits $ 84.08 million
      Interest-bearing deposits $ 61.70 million
      Deposits held in domestic offices $ 84.08 million
      % insured (estimated) 78.38%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.53 million
      Total Liabilities $ 84.60 million
      Shareholders’ Equity $ 11.60 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.13 million
Total Interest Expense $ 0.14 million
Net interest income $ 0.99 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.06 million
Total non interest expense $ 0.74 million
Pre-tax Net Operating Income $ 0.31 million

Bank Loan Profile?

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

Compared to other banks in South Dakota, Dakota Prairie Bank has a significantly higher percent of Farm Loans 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 3.55
Multifamily
Mortgages
0.85
Credit Card Loans 0.00
Consumer Auto Loans 1.10
Small Business Loans 0.00
Construction and Development Loans 1.23
Commercial Real Estate 10.97
Commercial and Industrial Loans 11.96
Farm Loans 55.99

Frequently Asked Questions About Dakota Prairie Bank

Branches and Savings

Is Dakota Prairie Bank FDIC insured?

Yes. It is covered under FDIC Certificate #504.

Why does Dakota Prairie Bank pay such low interest on savings accounts?

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

Why are Dakota Prairie Bank CD rates not competitive?

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

Is Dakota Prairie Bank a commercial bank?

Yes

Where are Dakota Prairie Bank locations?

See branch locations nearby.

Is Dakota Prairie Bank open on Saturdays?

Is Dakota Prairie Bank open on Sundays?

What time does Dakota Prairie Bank open?

What time does Dakota Prairie Bank close?

Are Dakota Prairie Bank ATMs Open 24/7?

Do Dakota Prairie Bank ATMs accept cash deposits?

Can Dakota Prairie Bank customers use other ATMs?

Do Dakota Prairie Bank branches have notaries?

Will Dakota Prairie Bank notarize my document?

What address for Dakota Prairie Bank should I put for incoming ACH transfers?

Will the Dakota Prairie Bank branch print checks?

Do Dakota Prairie Bank checks expire?

Does Dakota Prairie Bank require US citizenship to open account?

Can Dakota Prairie Bank close my account?

Does Dakota Prairie Bank Report to credit bureaus?

Does Dakota Prairie Bank Use Equifax?

What is Dakota Prairie Bank's ACH Routing Number?

What is Dakota Prairie Bank's SWIFT code?

Products

Does Dakota Prairie Bank offer mortgages?

Compare mortgage rates here.

Does Dakota Prairie Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Dakota Prairie Bank offer personal loans?

Compare personal loan rates here.

Does Dakota Prairie Bank offer student loans?

Will Dakota Prairie Bank cash a check?

Will Dakota Prairie Bank redeem a savings bond?

Does Dakota Prairie Bank cash savings bonds?

Will Dakota Prairie Bank cash money orders?

Can Dakota Prairie Bank issue a money order?

Does Dakota Prairie Bank do currency exchange?

Background on The Bank

Who owns Dakota Prairie Bank?

How long has Dakota Prairie Bank been around?

Can Dakota Prairie Bank transfer to other banks?

Does Dakota Prairie Bank have quick pay?

Does Dakota Prairie Bank accept rolled coins?

Will Dakota Prairie Bank accept loose change?

Where is Dakota Prairie Bank headquarters?

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