SD BANKING COMMISSION September 1, 2016€¦ · SD Banking Profile 4 $0 $5 $10 $15 $20 $25 $30 s Total Assets vs. Total Deposits Total Assets Total Deposits 150 200 250 300 350 400

SD BANKING COMMISSION

September 1, 2016

Division of Banking

1

2

Secretary of Labor & Regulation

Marcia Hultman

Director of Banking Bret Afdahl, CFIRS

Division Attorney Brock Jensen

CFIRS, COE

Support Staff

Jean Blow License Specialist

Delaine Campbell Senior Secretary

Deputy Director John Crompton

CEM

Financial Institution Examiners

Michael Dummer CSBE

Donald Berger CEIC, CFIRS

Todd Youngbluth CEIC

Drew Haack CEIC

Austin DeLange Florence Simmons

CEIC

Jordan LaBrie CEIC

Jacob Wagner CEIC

Michael Zellmer CEIC

Brady Schlechter COE

David Henry Max Eckrich

Blake Gunderson Morgan Kronaizl

Casson Campbell

Deputy Director Scott Kelly

CEIC, CFIRS, CTE Trust Examiners

Matthew Schlechter CFIRS, STE

Jason Nomsen CFIRS, CTE

Jim Benham CFIRS, CTE

Brad Pesicka

Jonathon Sanborn Matthew Spolum

Aspen Ruane Chase Koskovich

Banking Commission Jeff Erickson

Vacant Richard Westra

Doug Balvin Steve Hayes

Commission Attorney Curt Jensen

General Information

• State Chartered Banks: 52

• Total Assets: $25,293,667,000

• Largest Bank: Great Western Bank, Sioux Falls ($11,444,824,000)

• Smallest Bank: Farmers State Bank, Hosmer ($20,044,000)

3

SD Banking Profile

4

$0

$5

$10

$15

$20

$25

$30

Bill

ion

s

Total Assets vs. Total Deposits

Total Assets

Total Deposits

150

200

250

300

350

400

450

30

40

50

60

70

80

90

# of Locations # of Charters SD Bank Charters vs. Bank Locations

# of Charters

# of Locations

2016 BANK TRANSACTIONS

• American State Bank, Oldham merged with First National Bank, Davenport, IA

• Great Western Bank merged with Home Federal Bank

• Great Western Bank opened branch in Scottsdale, AZ

• Great Western Bank opened LPO in Bettendorf, IA

• First State Bank of Roscoe opened branch in Eureka

• BankWest, Inc. merged with First State Bank, Armour

• American Bank & Trust opened branch in Sioux Falls

• Reliabank opened branch in Sioux Falls

5

Number of Banks per Category

13

15 12

2

6

3 1 Number of Banks

Under $50M

$50M-$99M

$100M-$299M

$300M-$499M

$500M-999M

$1B-4.99B

Over $5B

6

Asset Composition

7

*Includes all State-chartered banks – 52 charters

$580,488

$3,624,825

$1,267,166

$17,890,338

$341,696

$24,549 $826,939 $553,284

Total Asset Composition ($000)

Cash

Total Securities

Other Investments

Net Loans and Leases

Premises and Fixed Assets

OREO

Intangible Assets

All Other Assets

Composite Ratings - Banks

8

0

10

20

30

40

50

60

70

1

2

3

4

5

Capital

9


11.51%

16.24%

17.25%

10.85%

14.66%

15.74%

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

16.00%

18.00%

20.00%

Tier 1 Leverage Capital Tier 1 Capital Total Capital

Average

Median

Asset Quality

10


0.09%

1.35%

0.00%

0.99%

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

1.20%

1.40%

1.60%

OREO to Assets Past Due & NA Loans to Gross Loans

Average

Median

Earnings

11


1.28%

4.33%

1.25%

3.98%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

5.00%

ROAA NIM

Average

Median

Loan Volume and Funding

12


64.97%

77.11%

67.46%

79.63%

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

90.00%

Net LN & LS to Assets Core Deposits to Assets

Average

Median

Bank Examination Hours

13

6,000

8,000

10,000

12,000

14,000

16,000

18,000

0

5

10

15

20

25

30

2008 2009 2010 2011 2012 2013 2014 2015**

Exam Hours # Exams

**2015 includes projections for remaining examinations.

Bank Examination Staff

14

0

2

4

6

8

10

12

14

16

Banking Staff Tenure

10+ years

7-10 years

5-7 years

3-5 years

Trust Company Profile

15

0

10

20

30

40

50

60

70

80

90

$-

$50

$100

$150

$200

$250

96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15

Trust Companies Billion

Trust Assets Trust Companies

Trust Department Profile

16

5

6

7

8

9

10

11

$0

$1

$2

$3

$4

$5

$6

$7

02 03 04 05 06 07 08 09 10 11 12 13 14 15

Trust Departments Billion

Trust Assets Departments

Trust Staffing

17

223

120 93

10 0

50

100

150

200

250

Total Public Departments Private

Emp

loye

es

Public vs. Private Trust Companies

18

34 38 41

47 51

22

26 28

29

33

0

10

20

30

40

50

60

70

80

90

2011 2012 2013 2014 2015

Tru

st C

om

pan

ies

Private Companies Public Companies

Public vs. Private Trust Assets

19

0

50,000,000

100,000,000

150,000,000

200,000,000

250,000,000

2011 2012 2013 2014 2015

Tota

l Ass

ets

(00

0)


Managed vs. Non-Managed Assets

20

0

50,000,000

100,000,000

150,000,000

200,000,000

250,000,000

2011 2012 2013 2014 2015

Tota

l Ass

ets

(00

0)

Custodial Assets Directed Assets Discretionary Assets

Trust Company Situs

21

4

26

3

22

26

3 0

5

10

15

20

25

30

Active Presence Contracted Presence Limited Presence

Tru

st C

om

pan

ies


Trust Company Composite Ratings

22

5

26

5

15 0

28

0

5

0

10

20

30

40

50

60

Strong Satisfactory Unsatisfactory Not Rated

Tru

st C

om

pan

ies


Trust Company Examination Stats

23

10 10

15

11

15

10

4

6 10

11

0

1

2

3

4

5

6

7

8

9

0

5

10

15

20

25

30

2011 2012 2013 2014 2015

# o

f Ex

amin

ers

an

d O

ut

of

Stat

e E

xam

s

# o

f Ex

ams

Private Exams Public Exams Full-Time Trust Examiners Out-of-State Exams

Trust Service Offices

24

13

17

26

30

5

11

15

24

28

5 2 2 2 2 0

13 15

20 22

0

5

10

15

20

25

30

35

2012 2013 2014 2015 Pending

# o

f O

ffic

es

and

Ho

st S

tate

s

Total Public Private Host States

Trust Examination Staff

25

0

1

2

3

4

5

6

7

8

9

12/31/2011 12/31/2012 12/31/2013 12/31/2014 12/31/2015

# o

f Ex

amin

ers

Trust Examiner Tenure

10+ years

3-10 years

1-3 years

SD Licensee Profile

26

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2,200

2,400

FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016

Total # Regulated Licensees - 2,612

Money Lenders Mortgage Lenders Mortgage Brokers

Mortgage Loan Originators Money Transmitters

Licensee Examination Efforts

• Mortgage

• Continue to participate in multistate exams

• Nonbank mortgage servicing prudential standards

• Money Lender

• Continue exams on regular intervals

• CFPB payday are in comment period

• Money Transmitter

• Review exams from home states

• Conduct BSA reviews of authorized delegates in SD

27

Division Locations

South Dakota Division of Banking

1601 N. Harrison Avenue, Suite 1

Pierre, SD 57501

Ph: 605-773-3421; Fax: 1-866-326-7504

1500 W. 51st Street, Suite 102

Sioux Falls, SD 57105

28

Wrap UP

• Questions?

29

SD BANKING COMMISSION September 1, 2016€¦ · SD Banking Profile 4 $0 $5 $10 $15 $20 $25 $30 s Total Assets vs. Total Deposits Total Assets Total Deposits 150 200 250 300 350 400

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