Dacotah Bank: how it compares with its peers
Against 350 U.S. banks with half to twice its assets, Dacotah Bank's strongest measure in Q2 2026 is net interest margin (4.09% vs. a 3.66% peer median). Its weakest relative measure is assets per employee ($8.0M vs. $9.6M).
| Measure | Dacotah Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.09% | 1.31% | Bottom third Ahead of 29% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.09% | 3.66% | Top third Ahead of 75% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.19% | 56.38% | Bottom third Ahead of 30% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.0M | $9.6M | Bottom third Ahead of 28% of peers |
| Loans to deposits Net loans and leases over total deposits. | 92.76% | 88.52% | Context |
What it means for lending operations
Its efficiency ratio of 62.19% is above the 56.38% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- John Deere Financial, f.s.b. Middleton, WI · $4.93B
- Bank of Stockton Stockton, CA · $4.99B
- Community West Bank Fresno, CA · $5.02B
- Carter Bank & Trust Martinsville, VA · $4.80B
- Hills Bank and Trust Company Hills, IA · $4.79B
- Wheaton Bank & Trust, National Association Wheaton, IL · $4.79B
Questions about Dacotah Bank
How big is Dacotah Bank?
Dacotah Bank, established in 1955, is headquartered in Aberdeen, SD. It reported $4.92B in total assets in its Q2 2026 FDIC call report and operates 32 offices.
What is Dacotah Bank's return on assets?
1.09% annualized in Q2 2026, against a 1.31% median for 350 U.S. banks with half to twice its assets, ahead of 29% of them.
What is Dacotah Bank's efficiency ratio?
62.19% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 56.38%, and lower is better.
Is Dacotah Bank growing its loans?
Net loans grew 8.0% over the year to Q2 2026, while deposits grew 6.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every South Dakota bank ranked.