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Western Dakota Bank, Financial Information

About Western Dakota Bank

 Address:
803 Main Street
Timber Lake, SD
Dewey County, South Dakota
 Established:
Jan 1919
 Number of domestic offices:
3
Agriculture bank
Total assets$48M
Net income$0M
Net income, quarterly$0M
Total deposits$45M
Domestic deposits$45M
Equity capital$4M
ROA0.79%
ROAQ, quarterly1.07%
ROA, pretax1.07%
ROAQ, quarterly, pretax1.1%
ROE10.11%
ROEQ, quarterly14.1%
UpdatedMay 20, 2021

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.

Western Dakota Bank is committed to serving customers with full service banking products. Western Dakota Bank originated in Glencross, SD on July 1, 1919 and opened under the name of Glencross State Bank.

The Bank of Timber Lake merged with Glencross State Bank in 1935. The bank name was changed to Dewey County Bank. A branch was opened in Isabel in 1960. The bank name was changed to Western Dakota Bank in 1997. A branch was opened in Eagle Butte in 2008. Western Dakota Bank services the communities of Timber Lake, Isabel and Eagle Butte, through its banking products.

For personal or business investments the bank offers very competitive rates on our Certificates of Deposits. The rate of interest in effect at the time the account is opened will become fixed until the scheduled maturity and the interest may be paid at maturity, on a quarterly, semi-annually or annual basis.

Main Office

PO Box 998
Timber Lake, SD 57656
(605)865-3516

Historical Data