Dacotah Bank Mortgage Rates, Fees & Info
Aberdeen, SDLEI: 549300UQPFB0RR8JCA42
Tax ID: 46-0239917
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Bank Data
Overview
Dacotah Bank is a smaller bank specializing in Home Purchase and Refi loans. Dacotah Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Aberdeen, Watertown, Rapid City, Sioux Falls, and Brookings among others. Dacotah Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Dacotah Bank is typically an average fee lendor.Originations
1,117Origination Dollar Volume (All Markets)
$249,035,000Employee count
561Awards
Dacotah Bank - 2021
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For 2021, less than of lenders were eligible for this award.
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Relative Rate
Dacotah Bank's average 30 year fixed rate mortgage of loans were
3%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.15%.
Relative Fees
Dacotah Bank's average total fees for a 30 year fixed rate
mortgage are $3,643.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Outside of Metro Areas | 441 | $71,735,000 | $162,664 | $3,394 | 3.11% |
| Aberdeen, SD (FHA|USDA|VA) | 233 | $51,605,000 | $221,481 | $3,464 | 2.94% |
| Watertown, SD (FHA|USDA|VA) | 129 | $28,845,000 | $223,605 | $2,654 | 3.03% |
| RAPID CITY, SD (FHA|USDA|VA) | 114 | $27,640,000 | $242,456 | $3,225 | 3.14% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 46 | $11,320,000 | $246,087 | $2,800 | 2.98% |
| Brookings, SD (FHA|USDA|VA) | 33 | $9,335,000 | $282,879 | $3,821 | 2.94% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $8,505,000 | $8,505,000 | $0 | 3.40% |
| BISMARCK, ND (FHA|USDA|VA) | 3 | $6,305,000 | $2,101,667 | $3,109 | 2.88% |
| Dickinson, ND (FHA|USDA|VA) | 32 | $6,150,000 | $192,188 | $3,161 | 3.48% |
| FARGO, ND-MN (FHA|USDA|VA) | 4 | $6,080,000 | $1,520,000 | $2,344 | 3.01% |
| Minot, ND (FHA|USDA|VA) | 23 | $5,125,000 | $222,826 | $2,961 | 3.25% |
| Spearfish, SD (FHA|USDA|VA) | 11 | $3,985,000 | $362,273 | $3,476 | 2.94% |
| Jamestown, ND (FHA|USDA|VA) | 12 | $2,420,000 | $201,667 | $2,996 | 2.98% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 7 | $2,015,000 | $287,857 | $5,350 | 3.16% |
| Williston, ND (FHA|USDA|VA) | 6 | $1,550,000 | $258,333 | $2,471 | 3.22% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $4,986 | 2.90% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $2,120 | 3.13% |
| Spirit Lake, IA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,317 | 2.75% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,431 | 2.63% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $6,782 | 3.13% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 4.00% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $6,858 | 3.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,678 | 3.00% |
| Mitchell, SD (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $1,815 | 2.63% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,734 | 2.38% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.25% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,082 | 2.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,749 | 2.88% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,906 | 4.63% |
| Huron, SD (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,627 | 3.15% |
| Yankton, SD (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,410 | 2.50% |
| Gillette, WY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,224 | 2.88% |
| Marshall, MN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,396 | 3.13% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,055 | 3.00% |
| Wahpeton, ND-MN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.25% |
Dacotah Bank's top markets include Aberdeen, Watertown, Rapid City, Sioux Falls, and Brookings among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 1,017 | $232,225,000 | $228,343 | $3,139 | 3.09% |
| USDA | 57 | $7,855,000 | $137,807 | $3,995 | 2.90% |
| VA | 29 | $7,135,000 | $246,034 | $5,367 | 2.63% |
| FHA | 14 | $1,820,000 | $130,000 | $4,450 | 2.96% |
For the 2021 period, Dacotah Bank's most frequently originated loan type of loans were Conventional, with 1,017 originations. Their 2nd most popular type is USDA, with 57 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 553 | $119,745,000 | $216,537 | $3,638 | 3.12% |
| Refi | 353 | $93,105,000 | $263,754 | $2,846 | 3.03% |
| Cash Out Refi | 150 | $30,570,000 | $203,800 | $3,737 | 2.82% |
| Home Improvement | 33 | $1,155,000 | $35,000 | $717 | 3.32% |
| Other | 28 | $4,460,000 | $159,286 | $2,750 | 3.38% |
For the 2021, Dacotah Bank's most frequently cited loan purpose of loans were Home Purchase, with 553 originations. The 2nd most popular reason of loans were Refi, with 353 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 554 | $117,660,000 | $212,383 | $3,643 | 3.00% |
| 15 Year | 176 | $30,750,000 | $174,716 | $3,068 | 2.65% |
| 5 Year | 102 | $42,840,000 | $420,000 | $704 | 3.78% |
| Other | 100 | $13,590,000 | $135,900 | $1,822 | 3.31% |
| 20 Year | 89 | $14,405,000 | $161,854 | $2,905 | 3.07% |
| 10 Year | 72 | $23,810,000 | $330,694 | $1,186 | 3.13% |
| 30+ year | 19 | $5,485,000 | $288,684 | $4,802 | 3.01% |
| 1 Year | 3 | $225,000 | $75,000 | $0 | 4.33% |
| 3 Year | 2 | $270,000 | $135,000 | $570 | 4.55% |
For the 2021, Dacotah Bank's most frequently cited loan length of loans were 30 Year, with 554 originations. The 2nd most popular length of loans were 15 Year, with 176 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 342 | $50,060,000 | $146,374 |
| $1k-2k | 310 | $52,030,000 | $167,839 |
| $2k-3k | 164 | $44,020,000 | $268,415 |
| $3k-4k | 56 | $20,420,000 | $364,643 |
| $5k+ | 6 | $3,290,000 | $548,333 |
$3,643 of loans were Dacotah Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 342 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 418 | $78,860,000 | $188,660 |
| 3-4% | 391 | $110,795,000 | $283,363 |
| <2.5% | 233 | $43,585,000 | $187,060 |
| 4-5% | 63 | $13,575,000 | $215,476 |
| 5-6% | 11 | $2,115,000 | $192,273 |
| 6-7% | 1 | $105,000 | $105,000 |
During 2021, Dacotah Bank's average interest rate of loans were 3.00%, while their most frequently originated rate bucket of loans were 2.5-3%, with 418 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 400 | $58,450,000 | $146,125 | $3,144 | 2.95% |
| $200k-400k | 330 | $92,060,000 | $278,970 | $3,961 | 3.00% |
| $100,000 or less | 301 | $18,065,000 | $60,017 | $2,050 | 3.24% |
| $400k-600k | 60 | $27,790,000 | $463,167 | $4,851 | 3.05% |
| $1MM+ | 18 | $45,970,000 | $2,553,889 | $11,285 | 3.73% |
| $600k-1MM | 8 | $6,700,000 | $837,500 | $4,880 | 3.60% |
2021 saw Dacotah Bank place emphasis on $100k-200k loans with 400 originations, totaling $58,450,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k or less | 203 | $22,525,000 | $110,961 | $2,883 | 2.98% |
| $50k-75k | 195 | $29,235,000 | $149,923 | $3,217 | 2.98% |
| $100k-150k | 182 | $39,910,000 | $219,286 | $3,579 | 3.01% |
| $75k-100k | 165 | $30,245,000 | $183,303 | $3,362 | 3.07% |
| $150k-250k | 84 | $26,550,000 | $316,071 | $4,173 | 3.04% |
| $250k+ | 43 | $14,035,000 | $326,395 | $3,994 | 3.02% |
Dacotah Bank lent most frequently to those with incomes in the $50k or less range, with 203 originations. The second most popular income band? $50k-75k, with 195 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 252 | $45,900,000 | $182,143 | $3,340 | 2.94% |
| 30-36% | 198 | $37,480,000 | $189,293 | $3,232 | 2.98% |
| <20% | 84 | $13,000,000 | $154,762 | $2,894 | 3.02% |
| 37% | 38 | $7,300,000 | $192,105 | $3,648 | 3.03% |
| 36% | 37 | $6,765,000 | $182,838 | $3,271 | 3.00% |
| 40% | 35 | $6,845,000 | $195,571 | $3,498 | 3.00% |
| 38% | 34 | $5,900,000 | $173,529 | $2,922 | 2.87% |
| 42% | 31 | $5,225,000 | $168,548 | $3,160 | 2.97% |
| 39% | 31 | $5,785,000 | $186,613 | $3,346 | 3.03% |
| 44% | 30 | $6,130,000 | $204,333 | $3,530 | 3.01% |
| 41% | 29 | $5,915,000 | $203,966 | $3,277 | 2.90% |
| 43% | 23 | $4,605,000 | $200,217 | $3,585 | 2.72% |
| 46% | 22 | $5,100,000 | $231,818 | $3,552 | 2.86% |
| 49% | 18 | $4,380,000 | $243,333 | $3,562 | 3.03% |
| 47% | 16 | $3,550,000 | $221,875 | $3,057 | 2.81% |
| 45% | 15 | $3,365,000 | $224,333 | $3,865 | 3.09% |
| 48% | 13 | $3,225,000 | $248,077 | $3,424 | 3.19% |
| 50-60% | 10 | $1,740,000 | $174,000 | $3,737 | 3.58% |
| >60% | 6 | $2,090,000 | $348,333 | $3,112 | 4.29% |
Dacotah Bank lent most frequently to those with DTI ratios of 20-30%, with 252 originations. The next most common DTI ratio? 30-36%, with 198 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 890 | $171,050,000 | $192,191 | $3,264 | 3.01% |
| Not applicable | 159 | $65,515,000 | $412,044 | $0 | 3.43% |
| Not provided | 35 | $6,465,000 | $184,714 | $3,962 | 2.79% |
| American Indian | 22 | $3,980,000 | $180,909 | $3,462 | 3.29% |
| Asian | 5 | $935,000 | $187,000 | $2,607 | 3.05% |
| Black | 3 | $465,000 | $155,000 | $2,512 | 2.67% |
| Guamanian | 1 | $365,000 | $365,000 | $2,667 | 2.25% |
| Native Hawaiian | 1 | $145,000 | $145,000 | $3,310 | 3.13% |
| Asian Indian | 1 | $115,000 | $115,000 | $3,368 | 3.00% |
Approval Rates
Total approvals of all applications94.33%
Dacotah Bank has an average approval rate.
Pick Rate
Approvals leading to origination89.23%
Dacotah Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 337.0 | 4 | $120,000 | $30,000 |
| NA | 1,113 | $248,915,000 | $223,643 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1,117 | $249,035,000 | $222,950 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 74 | $10,190,000 | $137,703 | $2,061 | 3.22% |
| 40-60% | 173 | $34,245,000 | $197,948 | $3,203 | 2.97% |
| 60-80% | 445 | $127,735,000 | $287,045 | $3,547 | 3.06% |
| 80-100% | 371 | $72,125,000 | $194,407 | $3,574 | 3.06% |
| Over 100% | 3 | $845,000 | $281,667 | $9,073 | 2.63% |
| Under 20% | 44 | $2,240,000 | $50,909 | $775 | 3.36% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Dacotah Bank | 101 East Main Street Bison, SD 57620 | Full Service B&M | $46,063 |
| Dacotah Bank | 117 8th Avenue South Faulkton, SD 57438 | Full Service B&M | $95,813 |
| Dacotah Bank | 1209 East 57th Street Sioux Falls, SD 57108 | Full Service B&M | $28,326 |
| Dacotah Bank | 121 North Main Street Hettinger, ND 58639 | Full Service B&M | $42,367 |
| Dacotah Bank | 125 Main Street Rapid City, SD 57701 | Full Service B&M | $135,976 |
| Dacotah Bank | 1310 9th Avenue Southeast Watertown, SD 57201 | Full Service B&M | $222,737 |
| Dacotah Bank | 1411 6th Street Brookings, SD 57006 | Full Service B&M | $91,210 |
| Dacotah Bank | 15 Main Avenue East Rolla, ND 58367 | Full Service B&M | $130,260 |
| Dacotah Bank | 15 Main Street Bowbells, ND 58721 | Full Service B&M | $82,677 |
| Dacotah Bank | 1707 South Marion Road Sioux Falls, SD 57106 | Full Service B&M | $51,875 |
| Dacotah Bank | 240 Third Street, Northwest Valley City, ND 58072 | Full Service B&M | $202,678 |
| Dacotah Bank | 2510 8th Ave Sw Jamestown, ND 58401 | Full Service B&M | $50,532 |
| Dacotah Bank | 300 South Phillips Avenue Sioux Falls, SD 57104 | Full Service B&M | $128,040 |
| Dacotah Bank | 308 South Main Street Aberdeen, SD 57401 | Full Service B&M | $489,485 |
| Dacotah Bank | 320 Main Street Mobridge, SD 57601 | Full Service B&M | $166,183 |
| Dacotah Bank | 321 Main Avenue Lemmon, SD 57638 | Full Service B&M | $75,324 |
| Dacotah Bank | 323 First Avenue East Sisseton, SD 57262 | Full Service B&M | $202,670 |
| Dacotah Bank | 3302 East 10th St Sioux Falls, SD 57103 | Full Service B&M | $13,012 |
| Dacotah Bank | 3312 6th Ave Se Aberdeen, SD 57401 | Full Service B&M | $52,344 |
| Dacotah Bank | 35 S 6th St Custer, SD 57730 | Full Service B&M | $33,080 |
| Dacotah Bank | 3535 5th Street Rapid City, SD 57701 | Full Service B&M | $7,289 |
| Dacotah Bank | 4 Atlantic Avenue Morris, MN 56267 | Full Service B&M | $55,916 |
| Dacotah Bank | 402 Main Street Langford, SD 57454 | Full Service B&M | $18,594 |
| Dacotah Bank | 410 West Villard Dickinson, ND 58602 | Full Service B&M | $60,071 |
| Dacotah Bank | 4312 Highway 281 Belcourt, ND 58316 | Full Service B&M | $29 |
| Dacotah Bank | 506 North Main Street Roslyn, SD 57261 | Full Service B&M | $14,635 |
| Dacotah Bank | 600 Main Webster, SD 57274 | Full Service B&M | $101,905 |
| Dacotah Bank | 7 East Highway 12 Groton, SD 57445 | Full Service B&M | $47,829 |
| Dacotah Bank | 111 Garfield Street Willow Lake, SD 57278 | Full Service B&M | $31,905 |
| Dacotah Bank | 111 Main Street Henry, SD 57243 | Full Service B&M | $855 |
| Dacotah Bank | 1121 South Broadway Minot, ND 58701 | Full Service B&M | $84,424 |
| Dacotah Bank | 113 North Commercial Street Clark, SD 57225 | Full Service B&M | $114,713 |
For 2021, Dacotah Bank had 32 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $118,289 |
| Net interest income | $111,315 |
| Total noninterest income | $26,700 |
| Gross Fiduciary activities income | $2,454 |
| Service charges on deposit accounts | $3,005 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $21,241 |
| Pre-tax net operating income | $49,910 |
| Securities gains (or losses, -) | $-651 |
| Income before extraordinary items | $38,103 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $38,103 |
| Minority interest net income | $0 |
| Net income | $38,103 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $38,617 |
Dacotah Bank's gross interest income from loans was $118,289,000.
Dacotah Bank's net interest income from loans was $111,315,000.
Dacotah Bank's fee based income from loans was $3,005,000.
Dacotah Bank's net income from loans was $38,103,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $6,974 |
| Provision for credit losses | $-600 |
| Total noninterest expense | $88,705 |
| Salaries and employee benefits | $56,026 |
| Premises and equipment expense | $7,346 |
| Additional noninterest expense | $25,333 |
| Applicable income taxes | $11,156 |
| Net charge-offs | $-251 |
| Cash dividends | $8,000 |
Dacotah Bank's interest expense for loans was $6,974,000.
Dacotah Bank's payroll and benefits expense were $56,026,000.
Dacotah Bank's property, plant and equipment expenses $7,346,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 1.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.0% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $2,980,499 |
| Deposits held in domestic offices | $2,980,499 |
| Deposits by Individuals, partnerships, and corporations | $2,574,448 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $405,952 |
| Deposits by Commercial banks and other depository institutions in U.S. | $99 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $1,469,101 |
| Demand deposits | $1,175,808 |
| Nontransaction accounts | $1,511,398 |
| Money market deposit accounts (MMDAs) | $516,481 |
| Other savings deposits (excluding MMDAs) | $541,426 |
| Total time deposits | $453,491 |
| Total time and savings deposits | $1,804,691 |
| Noninterest-bearing deposits | $1,175,808 |
| Interest-bearing deposits | $1,804,691 |
| Retail deposits | $2,883,202 |
| IRAs and Keogh plan accounts | $49,966 |
| Brokered deposits | $7,500 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $3,383,892 |
| Cash & Balances due from depository institutions | $380,752 |
| Interest-bearing balances | $317,628 |
| Total securities | $538,589 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $2,295,973 |
| Loan and leases loss allowance | $38,691 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $47,821 |
| Other real estate owned | $69 |
| Goodwill and other intangibles | $12,224 |
| All other assets | $108,464 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $3,383,892 |
| Total Liabilities | $3,020,566 |
| Total deposits | $2,980,499 |
| Interest-bearing deposits | $1,804,691 |
| Deposits held in domestic offices | $2,980,499 |
| % insured (estimated) | $76 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $9,000 |
| Subordinated debt | $0 |
| All other liabilities | $31,067 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $2,295,973 |
| Loan and leases loss allowance | $38,691 |
| Total loans and leases (domestic) | $2,334,664 |
| All real estate loans | $1,549,114 |
| Real estate loans in domestic offices | $1,549,114 |
| Construction and development loans | $122,238 |
| Residential 1-4 family construction | $16,039 |
| Other construction, all land development and other land | $106,199 |
| Loans secured by nonfarm nonresidential properties | $605,745 |
| Nonfarm nonresidential secured by owner-occupied properties | $207,736 |
| Commercial real estate & other non-farm, non-residential | $398,009 |
| Multifamily residential real estate | $116,613 |
| 1-4 family residential loans | $131,588 |
| Farmland loans | $572,930 |
| Loans held in foreign offices | $0 |
| Farm loans | $363,837 |
| Commercial and industrial loans | $322,562 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $96,240 |
| Credit card loans | $2,565 |
| Related Plans | $14,728 |
| Consumer Auto Loans | $25,809 |
| Other loans to individuals | $53,138 |
| All other loans & leases | $2,911 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $2,911 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $1,206 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $16,695 |
| Non 1-4 family restructured loans & leases | $16,429 |
| Total loans and leases (foreign) | $0 |
Dacotah Bank had $2,295,973,000 of loans outstanding in 2021. $1,549,114,000 of loans were in real estate loans. $122,238,000 of loans were in development loans. $116,613,000 of loans were in multifamily mortgage loans. $131,588,000 of loans were in 1-4 family mortgage loans. $363,837,000 of loans were in farm loans. $2,565,000 of loans were in credit card loans. $25,809,000 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 643 | $161,034 | $250,442 |
| Nonfarm, nonresidential loans - <$100k | 219 | $10,808 | $49,352 |
| Nonfarm, nonresidential loans - $100-250k | 186 | $31,109 | $167,253 |
| Nonfarm, nonresidential loans - $250k-1MM | 238 | $119,117 | $500,492 |
| Commercial & Industrial, US addressed loans - <$1MM | 2,250 | $167,273 | $74,344 |
| Commercial & Industrial, US addressed loans - <$100k | 1,844 | $48,724 | $26,423 |
| Commercial & Industrial, US addressed loans - $100-250k | 239 | $37,707 | $157,770 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 167 | $80,842 | $484,084 |
| Farmland loans - <$1MM | 1,374 | $242,171 | $176,253 |
| Farmland loans - <$100k | 479 | $23,954 | $50,008 |
| Farmland loans - $100-250k | 517 | $83,025 | $160,590 |
| Farmland loans - $250k-1MM | 378 | $135,192 | $357,651 |
| Agriculture operations loans - <$1MM | 2,613 | $192,078 | $73,509 |
| Agriculture operations loans - <$100k | 1,985 | $59,862 | $30,157 |
| Agriculture operations loans - $100-250k | 441 | $68,870 | $156,168 |
| Agriculture operations loans - $250k-1MM | 187 | $63,346 | $338,749 |
