Dacotah Bank
Dacotah Bank reported total assets of $4.9 bn at Q2 2026, up 7.0% on a year earlier, the 288th largest of 497 banks in our US coverage. The CET1 capital ratio at Dacotah Bank was 11.27%, and the uninsured share of Dacotah Bank was 33.47%. Source: FDIC Call Reports.
Key takeaways
- On return on equity (ROE), Dacotah Bank slipped from 216th to 294th among 500 US banks between and (1 = highest; FDIC Call Reports).
- Since , Dacotah Bank has taken over one institution; the latest was First State Bank of Claremont on (FDIC Call Reports).
What sets Dacotah Bank apart
How large is Dacotah Bank?
The balance sheet of Dacotah Bank at : assets $4.9 bn, deposits $4.3 bn, net loans $4.0 bn (loans equal to 92.76% of deposits). Securities make up 11.7% of total assets at Dacotah Bank. Since , when Dacotah Bank held $2.2 bn, its assets grew 120.9%. In the year to , deposits at Dacotah Bank rose 6.0% while its total assets rose 7.0%. At , Dacotah Bank employed 619 full-time equivalent staff across 32 offices, about $8.0 mn of assets per employee and $135.9 mn of deposits per office.
How much funding at Dacotah Bank is uninsured?
At Dacotah Bank, uninsured deposits (above the FDIC limit) made up 33.47% of domestic deposits at (+2.35 pp on a year earlier); Dacotah Bank ranks 267th of 500 on this measure. In dollars, Dacotah Bank estimated $1.5 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.3 bn | +6.0% | 274th of 499 |
| Net loans and leases | $4.0 bn | +8.0% | 258th of 500 |
| Loan-to-deposit ratio | 92.76% | +1.74 pp | 149th of 500 |
| Tier 1 leverage ratio | 10.07% | +0.14 pp | 290th of 500 |
| Total risk-based capital ratio | 12.37% | +0.17 pp | 391st of 448 |
| Net interest margin | 4.09% | +0.47 pp | 118th of 500 |
| Return on assets (ROA) | 1.09% | +0.01 pp | 350th of 500 |
| Efficiency ratio | 62.19% | -3.80 pp | 360th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $30.0 mn | Narrowed by $4.0 mn | |
| Noncurrent loans to total loans | 1.52% | +0.20 pp | 426th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.23% | +0.16 pp | 360th of 500 (1 = lowest) |
US rank of Dacotah Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Dacotah Bank: assets, deposits and loans
- Total assets $4.9bn
- Deposits $4.3bn
- Net loans $4.0bn
Capital and securities
The CET1 ratio of Dacotah Bank stood at 11.27% in , +0.06 pp year on year. Low and high at Dacotah Bank since : 11.10% () to 14.13% (). Equity capital of Dacotah Bank at : $481.0 mn, or 9.8% of total assets. Dacotah Bank also reported a total capital ratio of 12.37% for , and a tier 1 leverage ratio of 10.07%.
The available-for-sale portfolio of Dacotah Bank showed an unrealized loss of $30.0 mn at ; the loss narrowed by $4.0 mn over the year.
Dacotah Bank: capital ratios
- Total capital 12%
- CET1 11%
- Tier 1 leverage 10%
Dacotah Bank: unrealized securities gains and losses
- Available for sale -$30mn
- Held to maturity $0
Profitability and loan quality
For the year to , Dacotah Bank earned a return on equity of 11.27%; return on assets: 1.09%. Net interest margin at Dacotah Bank: 4.09%, +0.47 pp in a year. Dacotah Bank net income: $26.5 mn, up 8.0% year on year. The efficiency ratio of Dacotah Bank was 62.19%: about 62 cents cost per revenue dollar, against 42 cents at the median peer.
At , noncurrent loans were 1.52% of total loans at Dacotah Bank; net charge-offs: 0.23% of average loans. Gross loans and leases at Dacotah Bank: $4.1 bn, up 8.2% in a year.
Dacotah Bank: profitability
- Return on equity 11%
- Net interest margin 4.1%
- Return on assets 1.1%
Peer group of Dacotah Bank
The peer group of Dacotah Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Dacotah Bank (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in South Dakota. Against them, Dacotah Bank shows CET1 ratio 11.27% against a peer median of 13.75%, return on equity 11.27% against a peer median of 16.84% and uninsured deposit share 33.47% against a peer median of 37.71%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Community Bank of Mississippi | State nonmember bank | MS | $5.1 bn | 13.15% | 13.33% | 35.68% | |
| Bank of Stockton | State nonmember bank | CA | $5.0 bn | 18.81% | 32.23% | 45.23% | |
| John Deere Financial, f.s.b. | Federal savings bank | WI | $4.9 bn | not reported | 15.03% | 100.00% | |
| Dacotah Bank | State member bank | SD | $4.9 bn | 11.27% | 11.27% | 33.47% | |
| Carter Bank & Trust | State member bank | VA | $4.8 bn | 14.34% | 37.13% | 17.71% | |
| Hills Bank and Trust Company | State nonmember bank | IA | $4.8 bn | not reported | 16.08% | 23.81% | |
| Wheaton Bank & Trust | National bank | IL | $4.8 bn | 10.78% | 17.60% | 39.74% | |
. FDIC Call Reports.
Last eight quarters
Two years at Dacotah Bank, to : assets +12.6%, deposits +12.1%, equity +19.1%. Staff 598 to 619; offices 35 to 32.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.4 bn | $4.4 bn | $4.6 bn | $4.6 bn | $4.8 bn | $4.8 bn | $4.9 bn | $4.9 bn |
| Total deposits | $3.9 bn | $3.9 bn | $4.1 bn | $4.1 bn | $4.3 bn | $4.3 bn | $4.4 bn | $4.3 bn |
| Bank equity capital | $403.9 mn | $404.9 mn | $421.5 mn | $437.2 mn | $449.1 mn | $462.1 mn | $469.5 mn | $481.0 mn |
| CET1 ratio | 11.14% | 11.10% | 11.33% | 11.21% | 11.14% | 11.19% | 11.32% | 11.27% |
| Return on equity (ROE) | 6.70% | 7.70% | 12.52% | 11.67% | 11.40% | 10.82% | 11.77% | 11.27% |
| Uninsured share of domestic deposits | 33.86% | 32.34% | 30.48% | 31.11% | 32.52% | 34.18% | 31.69% | 33.47% |
| Full-time equivalent employees | 598 | 585 | 585 | 600 | 605 | 610 | 611 | 619 |
| Number of offices | 35 | 34 | 33 | 33 | 33 | 33 | 33 | 32 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Dacotah Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed First State Bank of Claremont (FDIC certificate 484).
Questions and identifiers
What were the total assets of Dacotah Bank?
Dacotah Bank reported $4.9 bn at in its Call Report. That makes Dacotah Bank the 288th largest of 497 banks in our US coverage.
Is Dacotah Bank the same as its holding company?
No. This page covers Dacotah Bank, FDIC certificate 17437; DACOTAH BANKS INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Dacotah Bank profitable?
Dacotah Bank reported net income of $26.5 mn for the year to ; annualized return on equity: 11.27%. So yes: Dacotah Bank made a profit over these months.
When is data for Dacotah Bank next updated?
Figures from Dacotah Bank for are due after .
Where can I check the figures for Dacotah Bank?
In the FDIC BankFind Suite record for certificate 17437, and in the Call Reports of Dacotah Bank (RSSD ID 256553) at the FFIEC Central Data Repository.