First Dakota National Bank
BankRegReports is independent of First Dakota National Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
First Dakota National Bank is an FDIC-insured commercial bank headquartered in Yankton, SD, established in 1872 (FDIC certificate 4028), and it is supervised by the OCC. At Q2 2026 it reported total assets of $3.39B, up 10.8% from Q2 2025, the 8th largest of 56 banks headquartered in South Dakota. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.40% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 4028
- Headquarters
- Yankton, SD
- Established
- 1872
- Total assets, Q2 2026
- $3.39B
- Assets vs Q2 2025
- +10.8%
- Tier 1 leverage ratio, Q2 2026
- 10.40%
- Domestic offices
- 17 FDIC institution directory, current count
- Routing number
- 091400486
- Latest call report
- Q2 2026, FFIEC 041 · First Dakota National Bank call report
- Holding company
- FIRST DAKOTA FINANCIAL CORPORATION
- Asset rank in state
- 8th of 56 in South Dakota
First Dakota National Bank is one of the more profitable banks of its size. The Yankton, South Dakota bank had $3.4 billion in assets at June 30, 2026, up 10.8% from a year earlier. It returns 19.1% a year on shareholders' equity, higher than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 12.6%). It also grew its loan book 11.8% over the year, about double the median of 5.9% for banks its size. A wide margin does most of the work: it keeps 4.11 cents of net interest income on every dollar of earning assets.
Earnings jumped: net income for the quarter was $16 million, 53% above the same quarter a year earlier. Over the same year, loans grew 11.8% and deposits grew 8.1%.
As of June 30, 2026, First Dakota National Bank reported a return on assets of 1.86%, a nonperforming-loan ratio of 0.30% and a Texas ratio of 3.66%. The figures come from its call report filed with the FFIEC.
First Dakota National Bank ranks as the 8th largest of the 56 banks based in South Dakota, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 2.8% to $3.39B, loans rose 2.2% and deposits rose 0.1%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 19.7% of total loans, ahead of owner-occupied commercial real estate loans at 18.3%. The FDIC Summary of Deposits lists 17 offices for it, in 12 cities in SD; its Sioux Falls 4 offices book 33% of its branch deposits. Judged on its Q2 2026 call report, First Dakota National Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 225 Cedar St, Yankton, SD 57078
- County
- Yankton
- Metro Area
- Yankton, SD
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- December 7, 1872
- Domestic offices
- 17 FDIC institution directory, current count
- Employees (FTE)
- 367
- Domestic deposits
- $2.96B
- Allowance for credit losses
- $32.2M
- Net charge-offs (YTD)
- -$25K
- Average total assets
- $3.35B
- Average total loans
- $2.84B
- Average interest-bearing deposits
- $2.59B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 4028
- Fed RSSD
- 441256
- Website
- www.firstdakota.com →
- Parent Holding Company
- FIRST DAKOTA FINANCIAL CORPORATION (RSSD 1404687)
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, First Dakota National Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, First Dakota National Bank's total assets ran between $2.85B (Q3 2023) and $3.39B (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
$3.39B total assets against $3.06B; $3.06B total liabilities against $2.77B.
$2.84B net loans and leases against $2.54B; $2.96B total deposits against $2.74B.
$308.2M securities against $309.4M; $49.1M cash and balances due against $44.5M.
$49.5M total interest income against $43.7M; $16.7M total interest expense against $16.8M.
$32.7M net interest income against $26.8M.
$9.5M total noninterest income against $7.8M; $21.9M total noninterest expense against $19.5M.
$750K provision for credit losses against $1.6M.
$15.6M net income against $10.2M.
1.86% return on assets against 1.34%; 4.11% net interest margin against 3.70%.
10.40% tier 1 leverage ratio against 10.18%.
Inside the full First Dakota National Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
First Dakota National Bank rankings
Its closest position to the top of a national ranking is 372 of 4,196, for total assets; its furthest is 464 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.02% (Q3 2024) to 1.86% (Q2 2026) and its net interest margin ran from 3.17% (Q3 2024) to 4.11% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.40% | 1.86% | 0.30% | 3.66% | 4.11% |
| Q1 2026 | 10.18% | 1.48% | 0.39% | 3.15% | 3.79% |
| Q4 2025 | 10.05% | 1.53% | 0.36% | 3.00% | 3.81% |
| Q3 2025 | 10.27% | 1.43% | 0.37% | 3.35% | 3.75% |
| Q2 2025 | 10.18% | 1.34% | 0.40% | 3.58% | 3.70% |
| Q1 2025 | 10.12% | 1.16% | 0.49% | 4.31% | 3.54% |
| Q4 2024 | 9.95% | 1.36% | 0.44% | 3.69% | 3.49% |
| Q3 2024 | 9.90% | 1.02% | 0.64% | 5.27% | 3.17% |
Swipe the table sideways to see every column.
Branch Network
View all 17 branches → 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 |
|---|---|---|---|
| Sioux Falls Main Branch | Sioux Falls , SD | 57104 | $765.1M |
| First Dakota National Bank (main office) | Yankton , SD | 57078 | $569.8M |
| Mitchell Branch | Mitchell , SD | 57301 | $294.0M |
| Pierre Branch | Pierre , SD | 57501 | $186.4M |
| Chamberlain Branch | Chamberlain , SD | 57325 | $174.9M |
| First Dakota North Branch | Yankton , SD | 57078 | $174.2M |
| Salem Branch | Salem , SD | 57058 | $131.9M |
| Sioux Falls South Branch | Sioux Falls , SD | 57108 | $131.3M |
| Vermillion Branch | Vermillion , SD | 57069 | $125.6M |
| Kimball Branch | Kimball , SD | 57355 | $74.8M |
| 3rd Street Branch | Beresford , SD | 57004 | $63.0M |
| Wagner Main Branch | Wagner , SD | 57380 | $61.4M |
| Sioux Falls East Branch | Sioux Falls , SD | 57110 | $49.3M |
| Sioux Falls South Louise Branch | Sioux Falls , SD | 57106 | $45.8M |
| Elk Point Branch | Elk Point , SD | 57025 | $43.4M |
| Parkston Branch | Parkston , SD | 57366 | $42.5M |
| Mitchell North Main Branch | Mitchell , SD | 57301 | $26.7M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 1, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2016 | Structure Change | Acquired Dakota State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 19, 2013 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 19, 2013 | Structure Change | Acquired Bank 360 Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 18, 2009 | Structure Change | Acquired BankFirst Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| April 1, 1993 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 1993 | Structure Change | Acquired The McCook County National Bank of Salem Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 19, 1988 | Structure Change | Acquired The American State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 18, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 9 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in SD, rank 7 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 753 applications, 633 loans originated, $262.7M originated, across 16 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $1.5M approved, $750K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows First Dakota National Bank’s latest filed figures and updates each quarter.
Similar banks
Compare First Dakota National Bank with peers
Frequently asked about First Dakota National Bank
What are First Dakota National Bank's total assets?
As of the Q2 2026 filing, First Dakota National Bank reported total assets of $3.39 billion in its FFIEC call report.
Where is First Dakota National Bank headquartered?
It is headquartered in Yankton, SD, United States.
When was First Dakota National Bank founded?
It was established in 1872, per the FDIC institution directory.
Is First Dakota National Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #4028). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Dakota National Bank?
First Dakota National Bank's primary federal regulator is the OCC.
How many branches does First Dakota National Bank operate?
It operates 17 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Dakota National Bank's Texas Ratio?
Its Texas Ratio is 3.66% 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.
Go deeper on First Dakota National Bank.
Get an email when First Dakota National Bank files its next call report, and benchmark it against any peer you choose.
Unlock First Dakota National Bank, freeFree account