Great Western Bank
Rapid City, SD — Domestic Branch of a Domestic Bank
Acquired May 2003
Vitals
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Total Assets255.4M
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Total Deposits212.5M
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Total Net Loans200.1M
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Net Income977000.0000
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Book Value21.5M
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Book Value x243.0M
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Book Value x364.4M
Balance Sheet Highlights
Financial Highlights | Great Western Bank | All Insured Commercial Banks in South Dakota |
Balance Sheet $(000) | ||
Total Assets | 255,391 | 97,627 |
Total Net Loans | 200,075 | 77,226 |
Total Deposits | 212,545 | 81,661 |
Total Equity | 21,475 | 10,622 |
Profitability | ||
Net Income | 977 | 638 |
Return on Average Assets | 1.581 | 1.282 |
Return on Average Equity | 18.42 | 11.275 |
Net Interest Margin | 4.862 | 4.36 |
Efficiency Ratio | 54.092 | 64.7 |
Noninterest Income/Revenue | 20.409 | 14.943 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 94.133 | 74.107 |
Securities/Assets | .097 | .387 |
Total Equity/Total Assets | .084 | .109 |
Tangible Equity/Tangible Assets | .077 | -.065 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 20,982 | 9,807 |
Tier 2 Capital | 2,516 | 1,066 |
Total Capital | 23,498 | 10,704 |
Total Risk Weighted Assets | 200,955 | 73,184 |
Leverage Ratio | 8.49 | 11.619 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.44 | 16.824 |
Total Capital Ratio | 11.69 | 18.059 |
Timeline for Great Western Bank
Great Western Bank
Great Western Bank was acquired by Great Western Bank 21 years
View Profile May 30 2003Great Western Bancorporation, Inc.
Great Western Bancorporation, Inc. became a new parent organization for Great Western Bank.
View Profile May 31 1999Great Western Service Corporation
Great Western Service Corporation became a new subsidiary organization for Great Western Bank.
View Profile Feb 25 1998Rushmore Financial Services, Inc.
Rushmore Financial Services, Inc. became a new parent organization for Great Western Bank.
View Profile Oct 31 1991Great Western Bank
Great Western Bank was established 39 years ago and is currently headquartered in Rapid City, SD.
Jul 10 1984Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Great Western Bank | Buyer | 11,525,510 | Pooling of Interests | Discontinued | 5/30/2003 |
Relationships | Role | Relationship Start | Relationship End |
Great Western Bancorporation, Inc. | Parent | 1/24/2003 | 5/29/2003 |
Great Western Bancorporation, Inc. | Parent | 5/31/1999 | 1/23/2003 |
Rushmore Financial Services, Inc. | Parent | 10/31/1991 | 5/30/1999 |
Great Western Service Corporation | Subsidary | 11/13/2000 | 5/29/2003 |
Great Western Service Corporation | Subsidary | 2/25/1998 | 11/12/2000 |
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