Pierre, SD · Cert 4009 · South Dakota Bancshares Inc.
State charter, non-member · FDIC · 22 branches
Q2 2026
Market Position · Rapid City, SD · 2026 SOD (annual) · 2.6% share · #9 of 11 inst. · $0.1B of $3.9B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.67% | 0.61% | 0.36% | 0.42% | 0.51% | 0.63% | 0.65% | 0.69% | +27 bps | |
| Return on Equity | 8.60% | 7.82% | 4.63% | 5.43% | 6.56% | 7.94% | 7.92% | 8.39% | +296 bps | |
| Net Interest Margin | 3.56% | 3.45% | 3.53% | 3.39% | 3.41% | 3.47% | 3.57% | 3.66% | +27 bps | |
| Efficiency Ratio | 78.78% | 79.29% | 77.78% | 81.15% | 80.69% | 78.68% | 79.42% | 79.78% | -136 bps | |
| Non-Interest Burden | 2.64% | 2.58% | 2.53% | 2.58% | 2.58% | 2.54% | 2.64% | 2.73% | +15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.57% | 7.44% | 7.43% | 4.38% | 4.88% | 4.74% | 5.97% | 5.53% | +115 bps | |
| Loan Growth (YoY) | 14.28% | 15.12% | 16.40% | 11.87% | 12.67% | 10.75% | 7.42% | 8.20% | -367 bps | |
| Deposit Growth (YoY) | 8.67% | 6.61% | 9.57% | 6.64% | 3.22% | 5.08% | 8.75% | 10.65% | +401 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.36% | 1.24% | 1.16% | 3.56% | 3.49% | 1.54% | 2.16% | 2.76% | -80 bps | |
| Net Charge-Offs / Loans | -0.03% | -0.02% | 0.38% | 0.22% | 0.15% | 0.11% | 0.00% | -0.03% | -25 bps | |
| Allowance / Loans | 1.09% | 1.07% | 1.13% | 1.09% | 1.06% | 1.06% | 1.09% | 1.08% | -1 bps | |
| Allowance Coverage of NPLs | 0.8x | 0.9x | 1.0x | 0.3x | 0.3x | 0.7x | 0.5x | 0.4x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.33% | 9.16% | 9.22% | 9.17% | 9.13% | 9.19% | 9.00% | 9.21% | +3 bps | |
| Total Risk-Based Capital | 11.36% | 11.28% | 11.18% | 11.03% | 11.05% | 11.17% | 11.66% | 11.57% | +53 bps | |
| Equity / Assets | 8.01% | 7.71% | 7.82% | 7.80% | 7.96% | 8.24% | 8.10% | 8.26% | +46 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 77.89% | 82.00% | 84.73% | 87.54% | 85.02% | 86.42% | 83.70% | 85.60% | -194 bps | |
| Liquid Assets / Assets | 2.06% | 2.16% | 1.95% | 2.18% | 1.72% | 1.63% | 1.61% | 1.51% | -67 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 273% | 267% | 274% | n/a | n/a | |