← The catalogue
Q2 2026 · read from the 30 June 2026 Call Report · United States · Plains · South Dakota, the state note

Dacotah Bank

Aberdeen, South Dakota · $4.92B in assets · beside the 5 other South Dakota banks between $3B and $10B

The filing

1.08%
ROA
6th of 6
62.2%
Efficiency
6th of 6
9.8%
Equity / assets
5th of 6

Dacotah Bank is the third largest of the 6 South Dakota banks between $3B and $10B, with $4.92B in assets at 30 June 2026. Loans are 93.9% of deposits, 4th of 6 against a median of 90.6%, and equity is 9.8% of assets, 5th of 6. Loans grew +8.2% in the year, 3rd of 6, and deposits grew 6.0%; the cohort's median loan growth is +7.6%.

Noncurrent loans are 1.52% of the book, 5th of 6 against a median of 0.87%; 0.15% is 30 to 89 days past due, and the allowance covers them 0.8 times. Net charge-offs are 0.22% of loans, 4th of 6. Commercial real estate is 26.9% of loans, 3rd of 6 against a median of 28.1%, and 202% of capital, below the 300% screen, with construction at 54% against the 100% screen.

Return on assets is 1.08%, the lowest in the cohort against a median of 1.72%, on an efficiency ratio of 62.2%, the highest in the cohort. Five years ago it was 1.08%. The question is which of these lines moves first over the next four quarters, and against which peer.

Return on assetsSD banks $3B to $10B · 30 June 2026 · higher is stronger, listed first
median 1.72% BB Bcorp Bank National Association 2.86% PN Pathward National Association 2.73% FP First Premier Bank 1.77% FD First Dakota National Bank 1.66% FB First Bank & Trust 1.29% DB Dacotah Bank 1.08%
Loans, year over yearSD banks $3B to $10B · 30 June 2026 · no better direction, largest first
median +7.6% FD First Dakota National Bank +11.8% PN Pathward National Association +8.6% DB Dacotah Bank +8.2% BB Bcorp Bank National Association +7.0% FB First Bank & Trust +2.5% FP First Premier Bank -0.5%

SBA 7(a), FY2008 to FY2026

Dacotah Bank is the 6th largest 7(a) lender into South Dakota of 164, with $33M across 89 loans, 3.6% of everything approved in the state (Wells Fargo Bank National Association leads with $108M). 28 of its 37 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in South Dakota, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Minnehaha, SD$12M5th of 775.2%-0.8 pts
Brown, SD$5M2nd of 2011.8%quiet FY2020
Brookings, SD$3M2nd of 2214.1%-62.6 pts
Walworth, SD$3M1st of 446.3%thin
Ward, ND$3M7th of 305.3%thin
Pennington, SD$2M17th of 471.5%quiet FY2020
Perkins, SD$2M2nd of 238.1%quiet FY2020
Burleigh, ND$2M23rd of 441.2%thin
Burke, ND$1M1st of 298.3%quiet FY2011
Cass, ND$1M40th of 810.4%thin
Day, SD$1M1st of 370.2%quiet FY2020
Stark, ND$1M10th of 204.5%quiet FY2022
Mclean, ND$1M3rd of 1011.0%quiet FY2011
24 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Construction12$8M17.2%0.02%431st of 2,063
Retail trade24$7M16.7%0.01%572nd of 2,589
Manufacturing13$7M15.3%0.02%575th of 2,246
Accommodation & food services23$4M9.7%0.01%882nd of 2,596
Wholesale trade4$4M9.1%0.02%507th of 1,651
7(a) lenders into South Dakota, share of approvals since FY2008164 lenders on record; the ten largest and Dacotah Bank
WF Wells Fargo Bank National Associa… 11.8% $108M · 327 loans FI First Interstate Bank 9.8% $89M · 295 loans TF The First National Bank in Sioux … 6.4% $59M · 191 loans FB First Bank & Trust 6.4% $58M · 95 loans BH Black Hills FCU 4.9% $45M · 313 loans DB Dacotah Bank 3.6% $33M · 89 loans LO Live Oak Banking Company 3.2% $29M · 18 loans MB Minnwest Bank 3.2% $29M · 93 loans GI GBC International Bank 2.8% $26M · 12 loans FN First National Bank 2.8% $25M · 108 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 2 CBLR filers; owner-occupied excluded; bold marks a screen met
Dacotah BankRankCohort median
Total CRE against capital, the 300% screen202%3rd of 6207%
Construction against capital, the 100% screen54%6th of 635%
Construction and land development, share of loans7.2%6th of 65.8%
Non-owner-occupied nonfarm nonresidential, share of loans15.9%5th of 68.8%
Total CRE, the guidance definition, share of loans26.9%3rd of 628.1%
CRE growth over 36 months, the third prong+25.3%6th of 6+12.0%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Bcorp Bank National Association$9.21B2.9%41.3%1.33%1.57%0.9%96.0%9.6%
Pathward National Association$7.31B2.7%58.3%5.28%0.84%2.1%87.4%12.1%
Dacotah Bank$4.92B1.1%62.2%1.52%0.22%1.2%93.9%9.8%
First Bank & Trust$4.78B1.3%60.1%0.42%0.02%1.3%85.7%11.3%
First Premier Bank$3.64B1.8%57.6%0.10%0.19%1.4%73.8%13.5%
First Dakota National Bank$3.39B1.7%54.5%0.30%0.00%1.1%97.0%9.8%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Dacotah BankCohort median
20212026Change20212026Change
Loans$2.33B$4.08B+75%$2.51B$3.83B+53%
Deposits$2.88B$4.35B+51%$3.13B$4.26B+36%
NPA / loans0.93%1.52%+0.59 pts0.54%0.87%+0.33 pts
Efficiency64.4%62.2%-2.2 pts56.2%58.0%+1.8 pts
ROA1.08%1.08%-0.00 pts1.61%1.72%+0.10 pts

This read was prepared for Dacotah Bank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Dacotah Bank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort SD banks $3B to $10B
Institution www.dacotahbank.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
← Back to the catalogue