First PREMIER Bank, Financial Information

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.

First PREMIER Bank is a strong, South Dakota based financial organization whose business principles and practices are as solid as the people who live here. Decisions are made locally, with first-hand knowledge of the people and communities the bank serve. While the banks roots are in community banking, bank have experienced solid growth at the national level with many of the products and services the bank provides.

The First PREMIER Bank Trust Department manages and co-manages over $2 billion in Trust assets. First PREMIER Bank is currently recognized as the 20th largest ACH (Automated Clearing House) originating bank in the U.S.

First PREMIER Bank and PREMIER Bankcard are sister organizations under the holding company United National Corporation (UNC) yet they operate independently. PREMIER Bankcard is the service provider for First PREMIER Bank credit cards. Both organizations are separately funded. PREMIER Bankcard's credit card loans are self-funded by their cash reserves. No First PREMIER Bank depositor's money or debt is used to fund the cards. The organizations are based in Sioux Falls, South Dakota. UNC has been consistently ranked as one of the top-performing S-corp banks with assets between $100 million and $3 billion by the American Banker Association Banking Journal.