Reliabank Dakota

211 North Main Street
Estelline, SD 57234

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16221
Date Established 1920
Assets $0.39 billion
Loans $0.29 billion
Deposits $0.34 billion
Capital $0.04 billion

Reliabank Dakota is an FDIC insured institution located in Estelline, SD. It was founded in 1920 and has approximately $0.39 billion in assets. Customers can open an account at one of its 8 branches.

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

Deposit Rates - September 15, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $2,500 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 $74,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.45% $10,000 $24,999 Learn MoreShow Less
3 Mo CD
0.65% $50,000 - Learn MoreShow Less
6 Mo CD
0.80% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
1.00% $50,000 - Learn MoreShow Less
1.40% $10,000 $24,999 Learn MoreShow Less
12 Mo CD
1.60% $50,000 - Learn MoreShow Less
1.55% $10,000 $24,999 Learn MoreShow Less
18 Mo CD
1.75% $50,000 - Learn MoreShow Less
1.66% $10,000 $24,999 Learn MoreShow Less
24 Mo CD
1.86% $50,000 - Learn MoreShow Less
1.86% $10,000 $24,999 Learn MoreShow Less
36 Mo CD
2.06% $50,000 - Learn MoreShow Less
2.06% $10,000 $24,999 Learn MoreShow Less
60 Mo CD
2.26% $50,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
1.40% $10,000 $24,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less
Checking Rates APY MIN FEE
Ultimate Checking 3.01% $0 $0.00 Learn MoreShow Less

Loan Rates - September 15, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Reliabank Dakota

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.751% 3.750% 0.00 $25 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

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

Branches

Reliabank Dakota 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:
Fairfield,Connecticut


Reliabank Dakota Locations


Financial Details

Reliabank Dakota Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Reliabank Dakota. 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
Reliabank Dakota U.S. Bank Average
3.67% 6.94%

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 March 31, 2019, Reliabank Dakota had $1,528,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $38,320,000 in equity and $3,357,000 in loans loss reserves. That gives it a Texas Ratio of 3.67%.

Return on Equity
Reliabank Dakota U.S. Bank Average
0.25% 9.47%

Reliabank Dakota has a Return on Equity of 0.25% versus the BestCashCow average of 9.47%. 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
Reliabank Dakota U.S. Bank Average
9.72% 12.49%

Reliabank Dakota has a Capitalization of 9.72% versus the BestCashCow average of 12.49. 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.

Reliabank Dakota Balance Sheet Analysis

As of March 31, 2019, Reliabank Dakota had assets of $394,418,000, loans of $293,488,000, and deposits of $341,768,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.07 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.29 billion
Loan loss allowance $0.00 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 $0.00 billion
All other assets $0.01 billion
     Total Assets $0.36 billion
LIABILITIES
Total deposits $0.34 billion
      Interest-bearing deposits $0.29 billion
      Deposits held in domestic offices $0.34 billion
      % insured (estimated) 70.70%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.36 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

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

Compared to other banks, Reliabank Dakota’s loan portfolio does not show any specific loan specialty.

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 11.42
Multifamily
Mortgages
2.35
Credit Card Loans 0.00
Consumer Auto Loans 1.10
Small Business Loans 0.00
Construction and Development Loans 4.58
Commercial Real Estate 22.32
Commercial and Industrial Loans 17.15
Farm Loans 26.47

Frequently Asked Questions About Reliabank Dakota

Branches and Savings

Is Reliabank Dakota FDIC insured?

Yes. It is covered under FDIC Certificate #16221.

Why does Reliabank Dakota pay such low interest on savings accounts?

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

Why are Reliabank Dakota CD rates not competitive?

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

Is Reliabank Dakota a commercial bank?

Yes

Where are Reliabank Dakota locations?

See branch locations nearby.

Is Reliabank Dakota open on Saturdays?

Is Reliabank Dakota open on Sundays?

What time does Reliabank Dakota open?

What time does Reliabank Dakota close?

Are Reliabank Dakota ATMs Open 24/7?

Do Reliabank Dakota ATMs accept cash deposits?

Can Reliabank Dakota customers use other ATMs?

Do Reliabank Dakota branches have notaries?

Will Reliabank Dakota notarize my document?

What address for Reliabank Dakota should I put for incoming ACH transfers?

Will the Reliabank Dakota branch print checks?

Do Reliabank Dakota checks expire?

Does Reliabank Dakota require US citizenship to open account?

Can Reliabank Dakota close my account?

Does Reliabank Dakota Report to credit bureaus?

Does Reliabank Dakota Use Equifax?

What is Reliabank Dakota's ACH Routing Number?

What is Reliabank Dakota's SWIFT code?

Products

Does Reliabank Dakota offer mortgages?

Compare mortgage rates here.

Does Reliabank Dakota offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Reliabank Dakota offer personal loans?

Compare personal loan rates here.

Does Reliabank Dakota offer student loans?

Will Reliabank Dakota cash a check?

Will Reliabank Dakota redeem a savings bond?

Does Reliabank Dakota cash savings bonds?

Will Reliabank Dakota cash money orders?

Can Reliabank Dakota issue a money order?

Does Reliabank Dakota do currency exchange?

Background on The Bank

Who owns Reliabank Dakota?

How long has Reliabank Dakota been around?

Can Reliabank Dakota transfer to other banks?

Does Reliabank Dakota have quick pay?

Does Reliabank Dakota accept rolled coins?

Will Reliabank Dakota accept loose change?

Where is Reliabank Dakota headquarters?

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