State Bank of Alcester, Financial Information

About State Bank of Alcester

 Address:
190 Iowa St
Alcester, SD
Union County, South Dakota
 Established:
Dec 1890
 Number of domestic offices:
1
Agriculture bank
Total assets$109M
Net income$1M
Net income, quarterly$0M
Total deposits$84M
Domestic deposits$84M
Equity capital$10M
ROA0.98%
ROAQ, quarterly0.84%
ROA, pretax0.84%
ROAQ, quarterly, pretax0.89%
ROE11.3%
ROEQ, quarterly9.63%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The State Bank of Alcester is a locally-owned community bank and has been family-owned since 1919. The bank offers local decision-making and service, along with reinvestment in the community; but it have the technology and products/services of large, national banks. The loyalty and support given the State Bank of Alcester by the Alcester area has resulted in a bank with strength of capital and assets of more than $100 million.

State Bank of Alcester
190 Iowa St
Alcester, SD 57001
PO Box 168