Dacotah Bank is a state-chartered bank (fed member) headquartered in Aberdeen, South Dakota, in business for about 71 years. At the end of Q2 2026 it reported $4.9B in total assets and $4.3B in deposits, with 32 offices across 3 states.
Based on its Q2 2026 filing, Dacotah Bank scores 55/100, which we describe as moderate. That is higher than only 13% of 897 banks with $1 billion – $10 billion. Among 56 banks headquartered in South Dakota, it ranks 51st. Its strongest component is problem-loan coverage (76/100; 11.8%), and its lowest is funding & liquidity (47/100; 93% loans-to-deposits, 33% uninsured).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 2 points (57 → 55), mostly because the loan quality component weakened by 7 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 62 |
| Q3 2024 | 60 |
| Q4 2024 | 61 |
| Q1 2025 | 60 |
| Q2 2025 | 57 |
| Q3 2025 | 56 |
| Q4 2025 | 56 |
| Q1 2026 | 60 |
| Q2 2026 | 55 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.84% |
| Q3 2024 | 9.73% |
| Q4 2024 | 9.75% |
| Q1 2025 | 9.68% |
| Q2 2025 | 9.93% |
| Q3 2025 | 9.89% |
| Q4 2025 | 9.76% |
| Q1 2026 | 9.84% |
| Q2 2026 | 10.07% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.33% |
| Q3 2024 | 0.52% |
| Q4 2024 | 0.50% |
| Q1 2025 | 1.07% |
| Q2 2025 | 1.32% |
| Q3 2025 | 1.44% |
| Q4 2025 | 1.29% |
| Q1 2026 | 1.06% |
| Q2 2026 | 1.52% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.55% |
| Q3 2024 | 0.61% |
| Q4 2024 | 0.70% |
| Q1 2025 | 1.14% |
| Q2 2025 | 1.08% |
| Q3 2025 | 1.06% |
| Q4 2025 | 1.01% |
| Q1 2026 | 1.13% |
| Q2 2026 | 1.09% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 55 | $4.9B | 10.07% | 1.52% | 1.09% | 92.8% |
| Q1 2026 | 60 | $4.9B | 9.84% | 1.06% | 1.13% | 90.1% |
| Q4 2025 | 56 | $4.8B | 9.76% | 1.29% | 1.01% | 90.8% |
| Q3 2025 | 56 | $4.8B | 9.89% | 1.44% | 1.06% | 89.1% |
| Q2 2025 | 57 | $4.6B | 9.93% | 1.32% | 1.08% | 91.0% |
| Q1 2025 | 60 | $4.6B | 9.68% | 1.07% | 1.14% | 86.6% |
| Q4 2024 | 61 | $4.4B | 9.75% | 0.50% | 0.70% | 90.9% |
| Q3 2024 | 60 | $4.4B | 9.73% | 0.52% | 0.61% | 89.4% |
| Q2 2024 | 62 | $4.3B | 9.84% | 0.33% | 0.55% | 91.1% |
897 peers · $1 billion – $10 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in South Dakota
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Bank & TrustBank Brookings, SD | 70 out of 100, Strong | $4.8B | 10.4% | 0.42% | vs |
| First PREMIER BankBank Sioux Falls, SD | 85 out of 100, Very strong | $3.6B | 13.7% | 0.10% | vs |
| First Dakota National BankBank Yankton, SD | 72 out of 100, Strong | $3.4B | 10.4% | 0.30% | vs |
| Sunrise Banks, National AssociationBank Sioux Falls, SD | 58 out of 100, Moderate | $2.8B | 10.2% | 1.34% | vs |
| Pathward, National AssociationBank Sioux Falls, SD | 50 out of 100, Below average | $7.3B | 9.9% | 5.28% | vs |
| American Bank & TrustBank Sioux Falls, SD | 72 out of 100, Strong | $2.2B | 11.3% | 0.57% | vs |
Deposit insurance
Is my money safe at Dacotah Bank?
Yes. Dacotah Bank is an FDIC-insured institution (FDIC certificate #17437). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 33.5% of deposits ($1.5B) are above the $250,000 FDIC insurance limit, above the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.07%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 12.37% (benchmark: 10%).
32 locations
Branches
Dacotah Bank lists 32 offices in 28 cities across 3 states. Most locations:
- Sioux Falls, SD (4)
- Aberdeen, SD (2)
- Bismarck, ND (1)
- Bison, SD (1)
- Bowbells, ND (1)
- Brookings, SD (1)
- Clark, SD (1)
- Custer, SD (1)
- Dickinson, ND (1)
- Fargo, ND (1)
- Faulkton, SD (1)
- Groton, SD (1)
HMDA 2025
Mortgage lending
In 2025, Dacotah Bank reported 680 home-loan applications under HMDA (LEI 549300UQPFB0RR8JCA42): 578 originated ($161,610,000 total), 40 denied, and 59 withdrawn or closed by the applicant. Its denial rate on decided applications was 6.4%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Dacotah Bank
- Former names
- Farmers and Merchants Bank; Farmers & Merchants Bank and Trust Co.
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 17437
- RSSD ID
- 256553
- Primary regulator
- FED
- Holding company
- Dacotah Banks Inc
- Established
- April 30, 1955
- Headquarters
- 308 S Main St, Aberdeen, SD 57401
- Website
- www.dacotahbank.com
- Employees
- 619
Quick answers
Dacotah Bank: common questions
Is Dacotah Bank FDIC insured?
Yes. Dacotah Bank is an FDIC-insured institution (FDIC certificate #17437). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Dacotah Bank's TellerScore?
55 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Dacotah Bank ever failed?
There is no failure record for FDIC certificate #17437 in the FDIC failed bank list.
How many branches does Dacotah Bank have?
32 offices as of the latest FDIC data, in 3 states.
Nearby
Highest-scoring banks and credit unions with branches near Aberdeen
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| American Bank & TrustBank Sioux Falls, SD | 72 out of 100, Strong | $2.2B | 11.3% | 0.57% | vs |
| BankNorthBank Arthur, ND | 72 out of 100, Strong | $694.1M | 10.3% | 0.58% | vs |
| Great Plains BankBank Eureka, SD | 65 out of 100, Moderate | $150.4M | 17.7% | 3.49% | vs |
| First Interstate BankBank Billings, MT | 62 out of 100, Moderate | $25.8B | 9.4% | 1.12% | vs |
| CorTrust Bank National AssociationBank Mitchell, SD | 62 out of 100, Moderate | $1.6B | 9.9% | 0.70% | vs |
| Plains Commerce BankBank Sioux Falls, SD | 59 out of 100, Moderate | $1.3B | 10.0% | 1.22% | vs |