Vitals
  • Total Assets
    112.8M -3.4 %
  • Total Deposits
    104.1M -4.0 %
  • Total Net Loans
    72.6M -1.0 %
  • Net Income
    452000.0000 -11.9 %
  • Book Value
    8.6M 7.0 %
  • Book Value x2
    17.1M 7.0 %
  • Book Value x3
    25.7M 7.0 %
ROAA

.805

ROAE

10.692

Efficiency Ratio

73.184

Net Interest Margin

3.191

Balance Sheet Highlights
Financial Highlights First State Bank All Insured Commercial Banks in South Dakota
Balance Sheet $(000)
Total Assets 112,845 498,478
Total Net Loans 72,556 353,122
Total Deposits 104,108 399,819
Total Equity 8,573 66,260
Profitability
Net Income 452 2,972
Return on Average Assets .805 1.216
Return on Average Equity 10.692 10.462
Net Interest Margin 3.191 3.899
Efficiency Ratio 73.184 61.245
Noninterest Income/Revenue 11.951 17.441
Balance Sheet Ratios
Loan-to-Deposit 69.693 76.702
Securities/Assets .212 .149
Total Equity/Total Assets .076 .133
Tangible Equity/Tangible Assets .076 .122
Capital Adequacy
Tier 1 Common Capital 8,232 51,727
Tier 1 Capital 8,232 51,894
Tier 2 Capital 357 3,781
Total Capital 8,589 55,674
Total Risk Weighted Assets 64,998 388,066
Leverage Ratio 7.34 11.117
Common Equity Tier 1 Capital Ratio 12.67 15.659
Tier 1 Capital Ratio 12.67 15.685
Total Capital Ratio 13.21 16.77

Timeline for First State Bank

Bankwest, Inc.

First State Bank was acquired by Bankwest, Inc. 7 years

View Profile Jul 01 2016

Dakota State Bank, Of Tripp, South Dakota

Acquisition: First State Bank acquired a new subsidiary, Dakota State Bank, Of Tripp, South Dakota, 37 years

View Profile Sep 08 1986

Lewis Banshares, Inc.

Lewis Banshares, Inc. became a new parent organization for First State Bank.

View Profile Feb 11 1985

Delmont State Bank

Acquisition: First State Bank acquired a new subsidiary, Delmont State Bank , 58 years

View Profile May 02 1966

First State Bank

First State Bank was established 118 years ago and is currently headquartered in Armour, SD.

Jan 01 1906
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Bankwest, Inc. Buyer 982,484 Acquisition Discontinued 7/1/2016
Dakota State Bank, Of Tripp, South Dakota Seller 15,334 Discontinued 9/8/1986
Delmont State Bank Seller Discontinued 5/2/1966
Relationships Role Relationship Start Relationship End
Lewis Banshares, Inc. Parent 2/11/1985 6/30/2016
Similar Organizations
Organization City State Total Assets
The Hicksville Bank
 		Hicksville OH 112.3M
Vermilion Bank & Trust Company
 		Kaplan LA 112.0M
Brown County State Bank
 		Mount Sterling IL 114.0M
Pbk Bank, Inc.
 		Stanford KY 111.5M
Prairie Community Bank
 		Marengo IL 111.1M
Acb Bank
 		Cherokee OK 115.4M
Freeport State Bank
 		Freeport MN 109.9M
Southwind Bank
 		Natoma KS 116.2M
Federation Bank
 		Washington IA 116.2M
Planters And Citizens Bank
 		Camilla GA 109.1M