First Dakota National Bank: how it compares with its peers
Against 9 SD banks with half to twice its assets, First Dakota National Bank's strongest measure in Q2 2026 is efficiency ratio (54.51% vs. a 62.19% peer median). Its weakest relative measure is assets per employee ($9.2M vs. $8.0M).
| Measure | First Dakota National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.68% | 1.31% | Top third Ahead of 67% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.03% | 3.82% | Top third Ahead of 67% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 54.51% | 62.19% | Top third Ahead of 78% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.2M | $8.0M | Middle third Ahead of 56% of peers |
| Loans to deposits Net loans and leases over total deposits. | 95.95% | 84.65% | Context |
What it means for lending operations
Its efficiency ratio of 54.51% is better than the 62.19% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- First PREMIER Bank Sioux Falls, SD · $3.64B
- Sunrise Banks, National Association Sioux Falls, SD · $2.78B
- American Bank & Trust Sioux Falls, SD · $2.25B
- The First National Bank in Sioux Falls Sioux Falls, SD · $2.12B
- First National Bank Fort Pierre, SD · $2.03B
- First Bank & Trust Brookings, SD · $4.78B
Questions about First Dakota National Bank
How big is First Dakota National Bank?
First Dakota National Bank, established in 1872, is headquartered in Yankton, SD. It reported $3.39B in total assets in its Q2 2026 FDIC call report and operates 17 offices.
What is First Dakota National Bank's return on assets?
1.68% annualized in Q2 2026, against a 1.31% median for 9 SD banks with half to twice its assets, ahead of 67% of them.
What is First Dakota National Bank's efficiency ratio?
54.51% in Q2 2026: it spent about 55 cents in noninterest expense for each dollar of revenue. The peer median is 62.19%, and lower is better.
Is First Dakota National Bank growing its loans?
Net loans grew 12.0% over the year to Q2 2026, while deposits grew 8.1%.
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 SD 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.