Dakota Prairie Bank, Financial Information

About Dakota Prairie Bank

 Address:
1204 Yellowstone Street
Fort Pierre, SD
Stanley County, South Dakota
 Established:
Jun 1906
 Number of domestic offices:
4
Agriculture bank
Total assets$117M
Net income$1M
Net income, quarterly$0M
Total deposits$104M
Domestic deposits$104M
Equity capital$12M
ROA1.13%
ROAQ, quarterly1.0%
ROA, pretax1.0%
ROAQ, quarterly, pretax1.05%
ROE9.92%
ROEQ, quarterly9.2%
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.

Dakota Prairie Bank is a third-generation, family-owned bank that has survived the obstacles of the past century, including the Great Depression. On June 25, 1906, Draper State Bank in Draper, South Dakota was founded by George Hayes. After serving four years in the Navy, George's son, Keith Hayes returned to Draper in 1945 and began working in the bank with his father. George served as President and operated the bank in Draper until his death in 1969, at which time Keith was named President of Draper State Bank.

In 1985, Keith purchased the bank in Presho. Both banks operated under the name Draper State Bank until 1996 when the name changed to Prairie State Bank. Due to trademark issues the name changed to Dakota Prairie Bank in 1997.

In 1999, George's grandson, Stephen Hayes was named President and CEO of Dakota Prairie Bank. That year, the Hayes family and Chief Financial Officer Leroy Louder began looking at ways to grow the organization and pursue an expansion into Fort Pierre. After 10 years of planning and hard work, they broke ground on the new facility in November 2009.

The Fort Pierre branch was completed in May 2010 and opened on June 16, 2010. The new branch now serves as Dakota Prairie Bank's main office and houses a branch manager as well as four full-time employees. Overall, the three branches employee 17 full-time employees.

office: (605) 223-2337
fax: (605) 223-2304
toll-free: (877) 200-0079

Fort Pierre
1204 Yellowstone Street
PO Box 790
Ft. Pierre, SD 57532

Toll Free: 1-877-200-0079
Phone: 605-223-2337
Fax: 605-223-2304