Commercial State Bank of Wagner
Also written as CSB of Wagner
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Data as of · sourced from FFIEC call reports. How we update
Commercial State Bank of Wagner is an FDIC-insured commercial bank headquartered in Wagner, SD, established in 1902 (FDIC certificate 9932), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $260.4M, up 2.7% from Q2 2025, the 30th largest of 56 banks headquartered in South Dakota. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.82% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 9932
- Headquarters
- Wagner, SD
- Established
- 1902
- Total assets, Q2 2026
- $260.4M
- Assets vs Q2 2025
- +2.7%
- Tier 1 leverage ratio, Q2 2026
- 11.82%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 091401647
- Latest call report
- Q2 2026, FFIEC 051 · Commercial State Bank of Wagner Q3 2026 call report, filed October 19, 2026 (preliminary)
- Holding company
- COMMERCIAL HOLDING COMPANY
- Asset rank in state
- 30th of 56 in South Dakota
Problem loans are rising at Commercial State Bank of Wagner. Its balance sheet stood at $260 million at June 30, 2026, up 2.7% from a year earlier; it is based in Wagner, South Dakota. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.29% of loans from 1.52% a year earlier. It earns about $2.45 a year on every $100 of assets, about double the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 43 cents to bring in each dollar of revenue, lower than about 9 in 10 banks its size (median 61 cents).
The commercial and industrial book ($17 million) is worsening: 3.43% of it is past due or on nonaccrual, up from 0.87% a year earlier. Net income for the quarter rose 24% from a year earlier, to $1.6 million. Credit is the area to watch: it carries problem assets equal to 11.5% of the capital and reserves that would absorb them, 4.3 times the median of 2.6% for banks its size.
As of June 30, 2026, Commercial State Bank of Wagner reported a return on assets of 2.45%, a nonperforming-loan ratio of 2.29% and a Texas ratio of 11.49%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Commercial State Bank of Wagner is the 30th largest of the 56 banks headquartered in South Dakota. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 1.0% to $260.4M, loans rose 0.7% and deposits fell 5.0%. Its loan book on June 30, 2026 was led by agricultural production loans, at 27.7% of total loans, followed by farmland and other real estate loans at 27.2%. The FDIC Summary of Deposits lists a single office for it, in Wagner, SD. Judged on its Q2 2026 call report, Commercial State Bank of Wagner meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 204 S Main Ave, Wagner, SD 57380
- County
- Charles Mix
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- May 31, 1902
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 23
- Domestic deposits
- $218.8M
- Allowance for credit losses
- $2.0M
- Net charge-offs (YTD)
- -$489K
- Average total assets
- $260.9M
- Average total loans
- $154.8M
- Average interest-bearing deposits
- $184.2M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 9932
- Fed RSSD
- 129853
- Website
- www.commercialstate.com →
- Parent Holding Company
- COMMERCIAL HOLDING COMPANY (RSSD 1127182)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Commercial State Bank of Wagner reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Commercial State Bank of Wagner's total assets moved between a low of $233.0M (Q3 2023) and a high of $263.0M (Q1 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$260.4M total assets against $253.7M; $231.4M total liabilities against $229.3M.
$153.7M net loans and leases against $147.0M; $218.8M total deposits against $221.2M.
$92.1M securities against $93.8M; $6.6M cash and balances due against $5.2M.
$3.9M total interest income against $3.6M; $1.1M total interest expense against $1.2M.
$2.8M net interest income against $2.4M.
$204K total noninterest income against $218K; $1.3M total noninterest expense against $1.1M.
-$12K provision for credit losses against $166K.
$1.6M net income against $1.3M.
2.45% return on assets against 2.00%; 4.54% net interest margin against 4.08%.
11.82% tier 1 leverage ratio against 11.28%.
Inside the full Commercial State Bank of Wagner terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeCommercial State Bank of Wagner rankings
Its closest position to the top of a national ranking is 178 of 3,611, for ROA; its furthest is 2,651 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.29% (Q3 2024) to 2.67% (Q1 2026) and its net interest margin ran from 3.31% (Q3 2024) to 4.54% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.82% | 2.45% | 2.29% | 11.49% | 4.54% |
| Q1 2026 | 11.60% | 2.67% | 2.08% | 10.92% | 4.49% |
| Q4 2025 | 11.46% | 1.33% | 2.34% | 12.53% | 4.34% |
| Q3 2025 | 11.52% | 1.88% | 1.59% | 8.48% | 4.32% |
| Q2 2025 | 11.28% | 2.00% | 1.52% | 8.64% | 4.08% |
| Q1 2025 | 11.00% | 2.08% | 0.95% | 5.34% | 3.83% |
| Q4 2024 | 10.75% | 1.47% | 1.33% | 7.92% | 3.95% |
| Q3 2024 | 10.71% | 1.29% | 2.37% | 12.48% | 3.31% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Commercial State Bank, of Wagner | Wagner , SD | 57380 | $218.8M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in SD, rank 33 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $485K approved, $485K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2015 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Commercial State Bank of Wagner
What are Commercial State Bank of Wagner's total assets?
As of the Q2 2026 filing, Commercial State Bank of Wagner reported total assets of $260.4 million in its FFIEC call report.
Where is Commercial State Bank of Wagner headquartered?
It is headquartered in Wagner, SD, United States.
When was Commercial State Bank of Wagner founded?
It was established in 1902, per the FDIC institution directory.
Is Commercial State Bank of Wagner FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #9932). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Commercial State Bank of Wagner?
Commercial State Bank of Wagner's primary federal regulator is the FDIC.
How many branches does Commercial State Bank of Wagner operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Commercial State Bank of Wagner's Texas Ratio?
Its Texas Ratio is 11.49% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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