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Western Dakota Bank
Western Dakota Bank
RSSD ID 128258 | CERTIFICATE 492 | ABA NUMBER 91404000 |
803 Main Street |
Quarter Ended : |
2025-03-31 |
Timber Lake, South Dakota, 57656 |
Updated : |
2025-04-24 |
www.westerndakotabank.com |
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Institution Profile |
Year Opened : |
1919 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
Yes |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
2 |
Number of Employees : |
6 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 76,253 |
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Total Interest Income | 862 |
Total Liabilities | 68,971 |
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Total NonInterest Income | 52 |
Total Bank Equity Capital | 7,282 |
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Total Interest Expense | 273 |
Total Deposits | 68,681 |
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Total NonInterest Expense | 403 |
Net Loans & Leases | 24,073 |
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Net Income | 220 |
Loan Loss Allowance | 381 |
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Net Charge Offs | 0 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 23,637 |
Total assets for the leverage ratio | 76,212 |
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Loans secured by real estate: | 8,151 |
Tier 1 Leverage Ratio | 9.75 |
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Commercial and industrial loans | 3,070 |
Off Balance Sheet Exposures (%) | 0.96 |
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Loans to individuals - Credit Cards | 109 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 747 |
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