CorTrust Bank, Financial Information

AboutCorTrust Bank

 Address:
100 East Havens Street
Mitchell,SD
Davison County,South Dakota
 Established:
Oct 1930
 Number of domestic offices:
37
Total assets$1,422M
Net income$9M
Net income,quarterly$5M
Total deposits$1,259M
Domestic deposits$1,259M
Equity capital$135M
ROA0.69%
ROAQ,quarterly1.37%
ROA,pretax1.37%
ROAQ,quarterly,pretax1.82%
ROE6.94%
ROEQ,quarterly14.16%
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.

The mission of this bank is to profitably deliver high quality customer service that meets the financial needs of the community, its businesses, and its citizens. The bank is in business to make a profit for its shareholders. Efficient operations and quality services are the two major cornerstones upon which the bank will build future profits sufficient to meet the expectations of banks stockholders.

300 Cherapa Place Suite 101
Sioux Falls SD, 57103

Phone: (605) 444-4000
Fax: (605) 444-4040
Office Hours: 9:00 - 5:00 Mon. - Fri.