LenderCompass
Navigating you to the right capital
FDIC Call Report Analysis

Which South Dakota Banks Are Actually Growing Their CRE Book — And Who To Call

37 institutions qualified in South Dakota: at least one branch in the state (FDIC SOD 2025) and a CRE book of $100m or more. Figures below are institution-level and unprorated — a bank lending in multiple states shows its full CRE book on every state page where it qualifies, not a state-prorated share.

Largest CRE Books, Headquartered in South Dakota

10 of 20 South Dakota-headquartered institutions.

#InstitutionCRE bookContact
1Wells Fargo Bank, National Association
Sioux Falls · FDIC Cert #3511
$103.80bnContact available
2Citibank, National Association
Sioux Falls · FDIC Cert #7213
$25.19bnContact available
3The Bancorp Bank, National Association
Sioux Falls · FDIC Cert #35444
$2.42bnContact available
4Dacotah Bank
Aberdeen · FDIC Cert #17437
$1.10bnContact available
5First Bank & Trust
Brookings · FDIC Cert #3973
$1.06bnContact available
6First Dakota National Bank
Yankton · FDIC Cert #4028
$841mContact available
7Sunrise Banks, National Association
Sioux Falls · FDIC Cert #18561
$785mContact available
8First National Bank
Fort Pierre · FDIC Cert #14712
$676mContact available
9First Savings Bank
Beresford · FDIC Cert #32629
$655mContact available
10American Bank & Trust
Sioux Falls · FDIC Cert #1117
$517mNo contact yet

Fastest Growing

Top 10 by organic growth. Percent organic growth over four quarters, with a $250m prior-quarter book floor; shrinking institutions are excluded.

#InstitutionOrganic growthContact
1Security First Bank
Lincoln · FDIC Cert #5415
+32.2% +$129mContact available
2BankWest, Inc.
Pierre · FDIC Cert #4009
+21.5% +$76mNo contact yet
3Elkhorn Valley Bank & Trust
Norfolk · FDIC Cert #16553
+15.1% +$43mContact available
4First International Bank & Trust
Watford City · FDIC Cert #10248
+14.3% +$208mContact available
5First Dakota National Bank
Yankton · FDIC Cert #4028
+11.3% +$85mContact available
6Central Bank
Storm Lake · FDIC Cert #15555
+9.6% +$59mContact available
7BMO Bank National Association
Chicago · FDIC Cert #16571
+8.9% +$1.69bnContact available
8First National Bank
Fort Pierre · FDIC Cert #14712
+7.2% +$43mContact available
9First Savings Bank
Beresford · FDIC Cert #32629
+6.9% +$42mContact available
10First Western Bank & Trust
Minot · FDIC Cert #19123
+6.3% +$32mContact available

National and Regional Lenders with Branches Here

Top 20 by CRE book size.

#InstitutionCRE bookContact
1Wells Fargo Bank, National Association
Sioux Falls · FDIC Cert #3511
$103.80bnContact available
2U.S. Bank National Association
Cincinnati · FDIC Cert #6548
$41.71bnContact available
3Citibank, National Association
Sioux Falls · FDIC Cert #7213
$25.19bnContact available
4BMO Bank National Association
Chicago · FDIC Cert #16571
$20.67bnContact available
5First Interstate Bank
Billings · FDIC Cert #1105
$5.91bnContact available
6First National Bank of Omaha
Omaha · FDIC Cert #5452
$4.51bnContact available
7The Bancorp Bank, National Association
Sioux Falls · FDIC Cert #35444
$2.42bnContact available
8First International Bank & Trust
Watford City · FDIC Cert #10248
$1.66bnContact available
9Dacotah Bank
Aberdeen · FDIC Cert #17437
$1.10bnContact available
10First Bank & Trust
Brookings · FDIC Cert #3973
$1.06bnContact available
11Minnwest Bank
Redwood Falls · FDIC Cert #16958
$877mContact available
12First Dakota National Bank
Yankton · FDIC Cert #4028
$841mContact available
13Sunrise Banks, National Association
Sioux Falls · FDIC Cert #18561
$785mContact available
14First National Bank
Fort Pierre · FDIC Cert #14712
$676mContact available
15Central Bank
Storm Lake · FDIC Cert #15555
$672mContact available
16First Savings Bank
Beresford · FDIC Cert #32629
$655mContact available
17First Western Bank & Trust
Minot · FDIC Cert #19123
$543mContact available
18Security First Bank
Lincoln · FDIC Cert #5415
$528mContact available
19American Bank & Trust
Sioux Falls · FDIC Cert #1117
$517mNo contact yet
20BankWest, Inc.
Pierre · FDIC Cert #4009
$433mNo contact yet

National institutions

These institutions also clear the state’s qualifying population test — at least one branch presence and a CRE book of $100m or more — but are not evaluated for state relationship-lending purposes and carry no contact: JPMorgan Chase Bank, National Association (FDIC Cert #628).


Sources. FDIC Call Reports and FDIC Summary of Deposits. The qualifying population excludes de novo institutions, excludes any quarter carrying a >40% QoQ reversal in its CRE book, and requires a CRE book of $100m or more — no deposit-share floor is applied to the qualifying population. The page carries two CRE book size rankings drawn from that same qualifying population, on the same basis: one ranking the state’s largest CRE lenders regardless of where they are headquartered, one ranking the largest lenders headquartered in the state. An institution may appear in both. Growth is percent organic growth over four quarters (30 June 2025 → 30 June 2026), excluding growth attributable to an acquisition, subject to a $250m prior-quarter book floor; institutions with negative organic growth are excluded from the growth list. Institutions with a prior-quarter CRE book above $25bn are also excluded from the growth list — growth at that scale is a national balance-sheet movement, not lending concentrated in any one state, and would otherwise crowd out real local growth on thin-population states. This ceiling applies to the growth list only; the same institutions still appear on the CRE book size rankings above, which rank nationally by design.

Financing a South Dakota property?

Tell us about the deal and we will return a ranked, curated list of lenders that fit it — banks, credit unions, debt funds, agency, CMBS and life companies — with direct contacts.

Find lenders for my deal →