Dacotah Bank Mortgage Rates, Fees & Info

Aberdeen, SD

LEI: 549300UQPFB0RR8JCA42

Tax ID: 46-0239917

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Dacotah Bank is a smaller bank specializing in Refi and Home Purchase 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 by origination volume include: Aberdeen, Watertown, Rapid City, Sioux Falls, and Dickinson among others. We have data for 33 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Dacotah Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Dacotah Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.58% 12/16/24
    30 Year Conventional Refi 6.47% 12/16/24
    30 Year Cash-out Refi 6.51% 12/16/24
    30 Year FHA Purchase 7.42% 12/16/24
    30 Year VA Purchase 6.14% 12/16/24
    30 Year USDA Purchase 6.98% 12/16/24
    15 Year Conventional Purchase 6.18% 12/16/24
    15 Year Conventional Refi 6.30% 12/16/24
    15 Year Cash-out Refi 6.30% 12/16/24
    15 Year VA Purchase 6.28% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Dacotah Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Dacotah Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,288

    Origination Dollar Volume (All Markets)

    $287,600,000

    Employee count

    544 Show all (16) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Aberdeen, SD (FHA|USDA|VA) 339 $73,315,000 $216,268 $3,099 2.90%
    Outside of Metro Areas 340 $52,670,000 $154,912 $3,039 3.21%
    Watertown, SD (FHA|USDA|VA) 142 $32,690,000 $230,211 $2,545 3.12%
    RAPID CITY, SD (FHA|USDA|VA) 137 $32,035,000 $233,832 $3,314 2.98%
    SIOUX FALLS, SD (FHA|USDA|VA) 111 $25,025,000 $225,450 $2,962 2.98%
    Dickinson, ND (FHA|USDA|VA) 57 $17,235,000 $302,368 $3,846 3.37%
    Minot, ND (FHA|USDA|VA) 39 $16,365,000 $419,615 $2,954 3.22%
    FARGO, ND-MN (FHA|USDA|VA) 8 $11,180,000 $1,397,500 $3,038 2.98%
    Brookings, SD (FHA|USDA|VA) 38 $7,030,000 $185,000 $2,786 2.70%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 2 $3,060,000 $1,530,000 $2,409 3.80%
    Jamestown, ND (FHA|USDA|VA) 19 $2,865,000 $150,789 $2,667 3.48%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 9 $2,055,000 $228,333 $3,841 2.63%
    Spearfish, SD (FHA|USDA|VA) 6 $1,440,000 $240,000 $5,728 2.50%
    BISMARCK, ND (FHA|USDA|VA) 5 $1,215,000 $243,000 $3,137 3.10%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $980,000 $490,000 $3,285 2.25%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $920,000 $230,000 $3,344 3.06%
    Fergus Falls, MN (FHA|USDA|VA) 2 $830,000 $415,000 $2,147 3.12%
    Yankton, SD (FHA|USDA|VA) 4 $770,000 $192,500 $2,471 2.97%
    Williston, ND (FHA|USDA|VA) 3 $745,000 $248,333 $4,101 3.38%
    Pierre, SD (FHA|USDA|VA) 3 $705,000 $235,000 $3,438 2.33%
    Spirit Lake, IA (FHA|USDA|VA) 2 $540,000 $270,000 $3,214 2.63%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $515,000 $515,000 $4,683 2.75%
    Mitchell, SD (FHA|USDA|VA) 2 $470,000 $235,000 $2,478 2.63%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $395,000 $395,000 $4,338 2.25%
    Wahpeton, ND-MN (FHA|USDA|VA) 2 $380,000 $190,000 $1,884 3.00%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $375,000 $375,000 $6,374 3.25%
    Vermillion, SD (FHA|USDA|VA) 1 $375,000 $375,000 $0 3.50%
    Huron, SD (FHA|USDA|VA) 3 $315,000 $105,000 $2,088 2.58%
    TOPEKA, KS (FHA|USDA|VA) 1 $295,000 $295,000 $4,800 2.63%
    Bozeman, MT (FHA|USDA|VA) 1 $255,000 $255,000 $1,964 2.25%
    Worthington, MN (FHA|USDA|VA) 1 $195,000 $195,000 $4,117 2.63%
    Willmar, MN (FHA|USDA|VA) 1 $185,000 $185,000 $1,419 2.75%
    Alexandria, MN (FHA|USDA|VA) 1 $175,000 $175,000 $3,292 2.38%
    Dacotah Bank's top markets include Aberdeen, Watertown, Rapid City, Sioux Falls, and Dickinson among others.

    Their top states include:
  • South Dakota (FHA|USDA|VA)
  • North Dakota (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Dacotah Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    WESTERN COOPERATIVE CREDIT UNION
    Similarity Rank: 20
    American Mortgage & Equity Consultants, Inc.
    Similarity Rank: 230
    TOWN AND COUNTRY Credit Union
    Similarity Rank: 391
    Choice Financial Group
    Similarity Rank: 480
    Unify Home Lending Inc.
    Similarity Rank: 560
    SIOUX FALLS
    Similarity Rank: 649
    First International Bank & Trust
    Similarity Rank: 732
    Bremer Bank
    Similarity Rank: 1040
    CU MORTGAGE DIRECT, LLC
    Similarity Rank: 1120
    First Dakota National Bank
    Similarity Rank: 1184

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,204 $272,960,000 $226,711 $2,982 3.06%
    USDA 41 $5,205,000 $126,951 $3,433 2.99%
    VA 32 $7,610,000 $237,813 $4,799 2.83%
    FHA 11 $1,825,000 $165,909 $4,839 2.90%

    For 2020, Dacotah Bank's most frequently originated type of loan was Conventional, with 1,204 originations. Their 2nd most popular type was USDA, with 41 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 573 $142,925,000 $249,433 $2,822 2.97%
    Home Purchase 421 $90,625,000 $215,261 $3,242 3.22%
    Cash Out Refi 234 $48,750,000 $208,333 $3,635 2.78%
    Other 32 $3,800,000 $118,750 $2,228 3.61%
    Home Improvement 28 $1,500,000 $53,571 $1,287 3.73%

    For 2020, Dacotah Bank's most frequently cited loan purpose was Refi, with 573 originations. The 2nd most popular reason was Home Purchase, with 421 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 600 $128,630,000 $214,383 $3,351 3.00%
    15 Year 311 $59,485,000 $191,270 $3,049 2.55%
    20 Year 128 $26,260,000 $205,156 $2,899 3.05%
    Other 104 $39,740,000 $382,115 $1,832 3.97%
    10 Year 72 $12,520,000 $173,889 $1,912 3.27%
    5 Year 52 $16,040,000 $308,462 $1,212 4.33%
    30+ year 14 $3,470,000 $247,857 $3,601 2.85%
    3 Year 4 $1,230,000 $307,500 $987 4.13%
    1 Year 3 $225,000 $75,000 $669 5.08%

    For 2020, Dacotah Bank's most frequently cited loan duration was 30 Year, with 600 originations. The 2nd most popular length was 15 Year, with 311 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 458 $83,790,000 $182,948
    $<1k 421 $69,885,000 $165,998
    $2k-3k 201 $52,835,000 $262,861
    $3k-4k 37 $12,145,000 $328,243
    $4k-5k 12 $4,640,000 $386,667
    $5k+ 8 $3,820,000 $477,500

    Dacotah Bank's average total fees were $3,351, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 458 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 425 $91,555,000 $215,424
    <2.5% 394 $82,000,000 $208,122
    3-4% 323 $90,365,000 $279,768
    4-5% 127 $21,505,000 $169,331
    5-6% 17 $1,695,000 $99,706
    6-7% 2 $480,000 $240,000

    During 2020, Dacotah Bank's average interest rate for loans was 3.00%, while their most frequently originated rate bucket for loans was 2.5-3%, with 425 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 469 $72,075,000 $153,678 $2,903 2.89%
    $200k-400k 453 $125,055,000 $276,060 $3,556 2.93%
    $100,000 or less 279 $17,785,000 $63,746 $2,062 3.48%
    $400k-600k 64 $29,860,000 $466,563 $4,431 2.88%
    $1MM+ 13 $35,535,000 $2,733,462 $0 3.65%
    $600k-1MM 10 $7,290,000 $729,000 $3,130 4.16%

    2020 saw Dacotah Bank place emphasis on $100k-200k loans with 469 originations, totaling $72,075,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 288 $63,670,000 $221,076 $3,344 2.94%
    $50k-75k 227 $34,885,000 $153,678 $2,929 3.02%
    $50k or less 196 $21,220,000 $108,265 $2,655 3.10%
    $75k-100k 184 $34,810,000 $189,185 $3,296 2.89%
    $150k-250k 115 $30,045,000 $261,261 $3,430 2.86%
    $250k+ 74 $23,790,000 $321,486 $3,998 3.10%

    Dacotah Bank lent most frequently to those with incomes in the $100k-150k range, with 288 originations. The second most popular income band? $50k-75k, with 227 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 340 $65,900,000 $193,824 $3,015 2.89%
    30-36% 238 $46,130,000 $193,824 $3,057 2.94%
    <20% 146 $27,440,000 $187,945 $3,002 2.88%
    42% 49 $8,065,000 $164,592 $3,028 3.06%
    38% 45 $7,285,000 $161,889 $2,560 3.14%
    40% 44 $8,780,000 $199,545 $3,215 3.19%
    41% 42 $8,420,000 $200,476 $3,002 3.15%
    36% 42 $7,980,000 $190,000 $2,957 3.06%
    44% 36 $7,000,000 $194,444 $3,483 3.03%
    43% 34 $7,980,000 $234,706 $3,144 2.87%
    39% 31 $6,815,000 $219,839 $3,494 3.00%
    37% 30 $5,540,000 $184,667 $3,110 3.13%
    45% 25 $5,095,000 $203,800 $3,560 3.16%
    46% 22 $4,390,000 $199,545 $2,910 2.64%
    47% 20 $4,980,000 $249,000 $3,677 2.63%
    49% 15 $2,945,000 $196,333 $3,331 2.73%
    48% 14 $3,420,000 $244,286 $3,728 2.79%
    50-60% 11 $2,585,000 $235,000 $3,480 3.66%
    >60% 9 $1,205,000 $133,889 $337 4.27%

    Dacotah Bank lent most frequently to those with DTI ratios of 20-30%, with 340 originations. The next most common DTI ratio? 30-36%, with 238 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,153 $227,165,000 $197,021 $3,058 2.99%
    Not applicable 68 $47,330,000 $696,029 $0 4.22%
    Not provided 34 $7,120,000 $209,412 $3,363 2.72%
    American Indian 23 $3,115,000 $135,435 $3,101 3.31%
    Asian 5 $1,225,000 $245,000 $3,793 2.73%
    Other Asian 2 $800,000 $400,000 $2,590 3.38%
    Black 2 $670,000 $335,000 $2,674 2.69%
    Asian Indian 1 $175,000 $175,000 $1,582 3.25%

    Approval Rates

    Total approvals of all applications
    95.09%

    Dacotah Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    88.66%

    Dacotah Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $25,000 $25,000
    287.0 3 $155,000 $51,667
    2927.35 1 $195,000 $195,000
    312.0 1 $45,000 $45,000
    362.0 1 $15,000 $15,000
    480.0 1 $45,000 $45,000
    780.0 1 $155,000 $155,000
    NA 1,279 $286,965,000 $224,367

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $85,000 $85,000
    Multifamily:Site-Built 37 $45,905,000 $1,240,676
    Single Family (1-4 Units):Manufactured 45 $4,215,000 $93,667
    Single Family (1-4 Units):Site-Built 1,205 $237,395,000 $197,008

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 88 $13,090,000 $148,750 $2,152 3.34%
    40-60% 216 $40,930,000 $189,491 $2,924 2.89%
    60-80% 547 $138,635,000 $253,446 $3,228 3.01%
    80-100% 392 $89,920,000 $229,388 $3,287 3.06%
    Over 100% 5 $1,895,000 $379,000 $9,103 3.38%
    Under 20% 32 $1,580,000 $49,375 $741 3.76%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Dacotah Bank 101 East Main Street Bison, SD 57620 Full Service B&M $40,561
    Dacotah Bank 111 Garfield Street Willow Lake, SD 57278 Full Service B&M $30,577
    Dacotah Bank 111 Main Street Henry, SD 57243 Full Service B&M $607
    Dacotah Bank 1121 South Broadway Minot, ND 58701 Full Service B&M $86,425
    Dacotah Bank 113 North Commercial Street Clark, SD 57225 Full Service B&M $101,625
    Dacotah Bank 117 8th Avenue South Faulkton, SD 57438 Full Service B&M $83,325
    Dacotah Bank 1209 East 57th Street Sioux Falls, SD 57108 Full Service B&M $27,208
    Dacotah Bank 121 North Main Street Hettinger, ND 58639 Full Service B&M $37,580
    Dacotah Bank 125 Main Street Rapid City, SD 57701 Full Service B&M $121,664
    Dacotah Bank 1310 9th Avenue Southeast Watertown, SD 57201 Full Service B&M $197,925
    Dacotah Bank 1411 6th Street Brookings, SD 57006 Full Service B&M $87,207
    Dacotah Bank 15 Main Avenue East Rolla, ND 58367 Full Service B&M $96,222
    Dacotah Bank 15 Main Street Bowbells, ND 58721 Full Service B&M $82,088
    Dacotah Bank 1707 South Marion Road Sioux Falls, SD 57106 Full Service B&M $60,294
    Dacotah Bank 209 S Main St Chokio, MN 56221 Full Service B&M $12,199
    Dacotah Bank 240 Third Street, Northwest Valley City, ND 58072 Full Service B&M $190,948
    Dacotah Bank 2510 8th Ave Sw Jamestown, ND 58401 Full Service B&M $46,407
    Dacotah Bank 300 South Phillips Avenue Sioux Falls, SD 57104 Full Service B&M $112,646
    Dacotah Bank 308 South Main Street Aberdeen, SD 57401 Full Service B&M $418,570
    Dacotah Bank 320 Main Street Mobridge, SD 57601 Full Service B&M $155,844
    Dacotah Bank 321 Main Avenue Lemmon, SD 57638 Full Service B&M $73,644
    Dacotah Bank 323 First Avenue East Sisseton, SD 57262 Full Service B&M $181,804
    Dacotah Bank 3302 East 10th St Sioux Falls, SD 57103 Full Service B&M $14,746
    Dacotah Bank 3312 6th Ave Se Aberdeen, SD 57401 Full Service B&M $45,933
    Dacotah Bank 35 S 6th St Custer, SD 57730 Full Service B&M $22,912
    Dacotah Bank 3535 5th Street Rapid City, SD 57701 Full Service B&M $7,949
    Dacotah Bank 4 Atlantic Avenue Morris, MN 56267 Full Service B&M $36,399
    Dacotah Bank 410 West Villard Dickinson, ND 58602 Full Service B&M $72,303
    Dacotah Bank 4312 Highway 281 Belcourt, ND 58316 Full Service B&M $10
    Dacotah Bank 506 North Main Street Roslyn, SD 57261 Full Service B&M $11,604
    Dacotah Bank 600 Main Webster, SD 57274 Full Service B&M $87,681
    Dacotah Bank Main Street New Effington, SD 57255 Full Service B&M $1,995

    For 2020, Dacotah Bank had 32 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $118,603
    Net interest income $103,400
    Total noninterest income $24,125
    Gross Fiduciary activities income $2,316
    Service charges on deposit accounts $3,035
    Trading account gains and fees $0
    Additional Noninterest Income $18,774
    Pre-tax net operating income $39,243
    Securities gains (or losses, -) $-252
    Income before extraordinary items $29,750
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $29,750
    Minority interest net income $0
    Net income $29,750
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $29,949

    Dacotah Bank's gross interest income from loans was $118,603,000.
    Dacotah Bank's net interest income from loans was $103,400,000.
    Dacotah Bank's fee based income from loans was $3,035,000.
    Dacotah Bank's net income from loans was $29,750,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $15,203
    Provision for credit losses $8,800
    Total noninterest expense $79,482
    Salaries and employee benefits $51,126
    Premises and equipment expense $6,995
    Additional noninterest expense $21,361
    Applicable income taxes $9,241
    Net charge-offs $2,243
    Cash dividends $8,625

    Dacotah Bank's interest expense for loans was $15,203,000.
    Dacotah Bank's payroll and benefits expense were $51,126,000.
    Dacotah Bank's property, plant and equipment expenses $6,995,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 1.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    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 $2,704,351
    Deposits held in domestic offices $2,704,351
    Deposits by Individuals, partnerships, and corporations $2,352,082
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $352,127
    Deposits by Commercial banks and other depository institutions in U.S. $142
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $465,183
    Demand deposits $432,332
    Nontransaction accounts $2,239,168
    Money market deposit accounts (MMDAs) $447,495
    Other savings deposits (excluding MMDAs) $1,226,189
    Total time deposits $565,484
    Total time and savings deposits $2,272,019
    Noninterest-bearing deposits $432,332
    Interest-bearing deposits $2,272,019
    Retail deposits $2,564,222
    IRAs and Keogh plan accounts $53,050
    Brokered deposits $7,500
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,088,384
    Cash & Balances due from depository institutions $382,668
    Interest-bearing balances $307,481
    Total securities $278,108
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,262,186
    Loan and leases loss allowance $39,040
    Trading account assets $0
    Bank premises and fixed assets $48,559
    Other real estate owned $1,400
    Goodwill and other intangibles $11,576
    All other assets $103,887

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,088,384
    Total Liabilities $2,747,974
    Total deposits $2,704,351
    Interest-bearing deposits $2,272,019
    Deposits held in domestic offices $2,704,351
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $17,000
    Subordinated debt $0
    All other liabilities $26,623

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,262,186
    Loan and leases loss allowance $39,040
    Total loans and leases (domestic) $2,301,226
    All real estate loans $1,439,736
    Real estate loans in domestic offices $1,439,736
    Construction and development loans $104,720
    Residential 1-4 family construction $14,562
    Other construction, all land development and other land $90,158
    Loans secured by nonfarm nonresidential properties $525,180
    Nonfarm nonresidential secured by owner-occupied properties $206,742
    Commercial real estate & other non-farm, non-residential $318,438
    Multifamily residential real estate $118,759
    1-4 family residential loans $111,748
    Farmland loans $579,329
    Loans held in foreign offices $0
    Farm loans $345,873
    Commercial and industrial loans $426,483
    To non-U.S. addressees $0
    Loans to individuals $85,689
    Credit card loans $0
    Related Plans $14,845
    Consumer Auto Loans $21,830
    Other loans to individuals $49,014
    All other loans & leases $3,445
    Loans to foreign governments and official institutions $0
    Other loans $3,445
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $942
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $26,846
    Non 1-4 family restructured loans & leases $26,770
    Total loans and leases (foreign) $0

    Dacotah Bank had $2,262,186,000 of loans outstanding in 2020. $1,439,736,000 of loans were in real estate loans. $104,720,000 of loans were in development loans. $118,759,000 of loans were in multifamily mortgage loans. $111,748,000 of loans were in 1-4 family mortgage loans. $345,873,000 of loans were in farm loans. $0 of loans were in credit card loans. $21,830,000 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 654 $147,518 $225,563
    Nonfarm, nonresidential loans - <$100k 260 $11,927 $45,873
    Nonfarm, nonresidential loans - $100-250k 172 $28,583 $166,180
    Nonfarm, nonresidential loans - $250k-1MM 222 $107,008 $482,018
    Commercial & Industrial, US addressed loans - <$1MM 3,556 $242,348 $68,152
    Commercial & Industrial, US addressed loans - <$100k 2,952 $72,817 $24,667
    Commercial & Industrial, US addressed loans - $100-250k 380 $58,512 $153,979
    Commercial & Industrial, US addressed loans - $250k-1MM 224 $111,019 $495,621
    Farmland loans - <$1MM 1,498 $252,711 $168,699
    Farmland loans - <$100k 556 $26,554 $47,759
    Farmland loans - $100-250k 563 $92,015 $163,437
    Farmland loans - $250k-1MM 379 $134,142 $353,937
    Agriculture operations loans - <$1MM 2,855 $196,211 $68,725
    Agriculture operations loans - <$100k 2,223 $62,109 $27,939
    Agriculture operations loans - $100-250k 439 $67,652 $154,105
    Agriculture operations loans - $250k-1MM 193 $66,450 $344,301