Dacotah Bank in Mobridge, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 24, 1997

Dacotah Bank in Mobridge, South Dakota (SD)
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Dacotah Bank - Overview

General
FDIC Certificate #: 1677
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Dacotah Bank (#17437)
Federal Reserve ID: 306458
Date Established: October 01, 1910
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 1102
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 24, 1997
Last Structure Change Process Date: June 05, 1997
Last Data Update: June 05, 1997
Data Source Date: April 05, 2012
Location
Address: 320 Main Street, Mobridge, SD 57601
County: Walworth
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $54.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$19Total assets
$54,392Cash and due from depository institutions
$2,177Interest-bearing balances
$798Securities
$26,287Federal funds sold & reverse repurchase agreements
$1,925Net loans & leases
$21,883Loan loss allowance
$605Trading account assets
$0Bank premises and fixed assets
$608Other real estate owned
$0Goodwill and other intangibles
$1,512Life insurance assets
$0All other assets
$0Total liabilities and capital
$54,392Total liabilities
$48,733Total deposits
$47,851Interest-bearing deposits
$43,699Deposits held in domestic offices
47851.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$80Subordinated debt
$0All other liabilities
$802Total equity capital
$802Total bank equity capital
$5,659Perpetual preferred stock
$0Common stock
$750Surplus
$800Undivided profits
Memoranda
$4,109Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$383Income earned, not collected on loans
$625Earning assets
$50,893Long-term assets (5+ years)
$9,812Average Assets, year-to-date
$52,503Average Assets, quarterly
$52,963Volatile liabilities
$1,985Insider loans
$367FHLB advances
$0Loans and leases held for sale
$274Unused loan commitments
$4,488Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,703Total risk weighted assets
$29,381Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$3,620Total interest expense
$1,969Net interest income
$1,651Provision for loan and lease losses
$195Total noninterest income
$349Fiduciary activities
$0Service charges on deposit accounts
$164Trading account gains & fees
$0Additional noninterest income
$185Total noninterest expense
$1,215Salaries and employee benefits
$647Premises and equipment expense
$151Additional noninterest expense
$417Pre-tax net operating income
$590Securities gains (losses)
$0Applicable income taxes
$206Income before extraordinary items
$384Extraordinary gains - net
$0Net income attributable to bank
$384Net charge-offs
$193Cash dividends
$200Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.39%Cost of funding earning assets
4.02%Net interest margin
3.37%Noninterest income to earning assets
0.71%Noninterest expense to earning assets
2.48%Net operating income to assets
0.73%Return on assets (ROA)
0.73%Pretax return on assets
1.12%Return on equity (ROE)
6.97%Retained earnings to average equity (YTD only)
3.34%Net charge-offs to loans
0.90%Credit loss provision to net charge-offs
101.04%Efficiency ratio
60,750Assets per employee
2.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.08%Loss allowance to loans
2.69%Loss allowance to noncurrent loans
157.96%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
1.70%Net loans and leases to deposits
45.73%Net loans and leases to core deposits
47.63%Equity capital to assets
10.40%Core capital (leverage) ratio
10.70%Tier 1 risk-based capital ratio
19.41%Total risk-based capital ratio
Memoranda
$21Average assets
$52,503Average earning assets
$5,507Average equity
$49,015Average loans

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