Western Dakota Bank in city_name, state_name - Detailed Financial Reports, Location

Western Dakota Bank in Timber Lake, South Dakota (SD)
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Western Dakota Bank routing number info

Western Dakota Bank - Overview

General
FDIC Certificate #: 492
Status: Active
Federal Reserve ID: 128258
Bank Holding Company (Regulatory Top Holder): Western Dakota Holding Company (RSSDID: 2351359, Location: Timber Lake, SD)
Date Established: January 01, 1919
WWW: http://www.westerndakotabank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 354
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: Main Street, Timber Lake, SD 57656
County: Dewey
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $30.5 mil
Equity capital: $2.4 mil
Deposits held in domestic offices: $28.1 mil
Return on assets (ROA): 0.26% ($0.1 mil)
Quarterly return on assets: -0.08% (-$0.0 mil)
Return on Equity (ROE): 3.21% ($0.1 mil)
Quarterly return on equity: -0.98% (-$0.0 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.31% ($94.7 mil)
Quarterly Pretax return on assets: -0.04% (-$12.2 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
12Total employees (full-time equivalent)
$30,546Total assets
$20,120Cash and due from depository institutions
$7,176Interest-bearing balances
$1,930Securities
$0Federal funds sold & reverse repurchase agreements
$7,578Net loans & leases
$106Loan loss allowance
$0Trading account assets
$410Bank premises and fixed assets
$0Other real estate owned
$265Goodwill and other intangibles
$30,546Life insurance assets
$243All other assets
$28,108Total liabilities and capital
$28,054Total liabilities
$16,520Total deposits
$28,054Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$54Subordinated debt
$2,438All other liabilities
$2,438Total equity capital
$2,438Total bank equity capital
$0Perpetual preferred stock
$261Common stock
$2,753Surplus
$-576Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$73Income earned, not collected on loans
$0Earning assets
$178Long-term assets (5+ years)
$16,684Average Assets, year-to-date
$2,292Average Assets, quarterly
$28,748Volatile liabilities
$29,689Insider loans
$12,074FHLB advances
$29,963Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,087Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,493Restructured Loans and leases
$1,241Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,131Total interest income
$145Total interest expense
$986Net interest income
$29Provision for loan and lease losses
$312Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$312Additional noninterest income
$1,179Total noninterest expense
$569Salaries and employee benefits
$77Premises and equipment expense
$533Additional noninterest expense
$90Pre-tax net operating income
$0Securities gains (losses)
$14Applicable income taxes
$76Income before extraordinary items
$0Extraordinary gains - net
$76Net income attributable to bank
$0Net charge-offs
$76Cash dividends
$28Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.29%Yield on earning assets
0.81%Cost of funding earning assets
5.49%Net interest margin
1.74%Noninterest income to earning assets
6.56%Noninterest expense to earning assets
0.26%Net operating income to assets
0.26%Return on assets (ROA)
0.31%Pretax return on assets
3.21%Return on equity (ROE)
3.21%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
103.57%Credit loss provision to net charge-offs
4.25%Efficiency ratio
83,205Assets per employee
2.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.38%Loss allowance to noncurrent loans
145.21%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.95%Net loans and leases to deposits
27.01%Net loans and leases to core deposits
29.04%Equity capital to assets
7.98%Core capital (leverage) ratio
6.97%Tier 1 risk-based capital ratio
17.29%Total risk-based capital ratio
Memoranda
$18Average assets
$28,748Average earning assets
$2,370Average equity
$17,973Average loans

List of branches

3 South Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	354	Western Dakota Bank	Main Street, Timber Lake, SD 57656	January 01, 1919	Full Service Brick and Mortar
1	181720	Isabel Branch	200 Main Street, Isabel, SD 57633	January 28, 1963	Full Service Brick and Mortar
2	493028	Eagle Butte Branch	Highway 212, Eagle Butte, SD 57625	August 18, 2008	Full Service Brick and Mortar

Western Dakota Bank in Timber Lake, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

Western Dakota Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Western Dakota Bank in Timber Lake, South Dakota (SD)Overview, Financial Summary, Detailed Financial Reports, Branches

Western Dakota Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Western Dakota Bank in Timber Lake, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches