First PREMIER Bank Annual Report

We maintain the complete database with all recent information about First PREMIER Bank that you may need. With the help of the annual report, you can know the financial health of the bank, see how large it is, and track the dynamics and last trends of all financial indicators. All First PREMIER Bank data is relevant for December 2024.

2.5

Address

601 South Minnesota Avenue Sioux Falls, SD 57104

FDIC Certificate ID

6085

Bank Charter Class

Federal Reserve Member

Financial report First PREMIER Bank

Quarterly

Annually

Change dates

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
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1992

Hide dates

All values USD, Dollar figures in thousands

Updated June 30, 2022

Item

2022

2021

2020

2019

2018

Trends

Assets and Liabilities

Total assets

3,503,723

2,889,083

2,650,083

2,041,578

1,761,153

Cash & Balances due from depository institutions

1,092,008

618,936

776,591

488,203

254,551

Cash items in process of collection

167,109

142,618

205,434

236,637

220,354

Collection in domestic offices

13,798

10,025

20,211

15,727

19,756

Currency and coin in domestic offices

153,311

132,593

185,223

220,910

200,598

Balances due from depository institutions in U.S.

26,284

17,254

19,258

28,290

31,836

Balances due from foreign banks

N/A

Balances due from FRB

898,615

459,064

551,899

223,276

2,361

Total securities *

642,783

623,245

300,454

249,535

248,809

U.S. Government securities

566,953

563,145

228,916

207,395

212,117

U.S. Treasury securities

35,682

2,534

5,124

7,540

N/A

U.S. Government agency obligations

531,271

560,611

223,792

199,855

212,117

Securities issued by states & political subdivisions

66,061

58,918

70,344

41,216

35,773

Other domestic debt securities

9,376

750

500

Privately issued residential mortgage-backed securities

8,626

N/A

Asset backed securities

N/A

Structured financial products - Total

N/A

Other domestic debt securities - All other

750

500

Foreign debt securities

N/A

Equity securities not held for trading

393

432

444

424

419

Equity securities available-for-sale

N/A

419

Credit Loss Allowance for Held to Maturity Debt Securities

N/A

Assets held in trading accounts for TFR Reporters

N/A

General valuation allowances for securities for TFR Reporters

N/A

Federal funds sold and reverse repurchase

N/A

Net loans and leases

1,667,000

1,548,499

1,499,903

1,275,091

1,225,937

Loan and leases loss allowance**

25,391

23,558

21,668

19,424

18,677

Total loans and leases

1,692,391

1,572,057

1,521,571

1,294,515

1,244,614

Unearned income

N/A

Loans and leases, gross

1,692,391

1,572,057

1,521,571

1,294,515

1,244,614

All real estate loans

464,821

436,480

353,657

315,660

310,799

Real estate loans in domestic offices

464,821

436,480

353,657

315,660

310,799

Construction and development loans

95,503

87,581

60,563

44,792

39,344

Residential 1-4 family construction

20,268

22,347

7,865

16,574

17,228

Other construction, all land development and other land

75,235

65,234

52,698

28,218

22,116

Secured by nonfarm nonresidential properties

210,474

205,872

141,728

138,228

147,142

Nonfarm nonresidential secured by owner-occupied properties

139,415

132,732

91,877

87,842

90,347

Commercial real estate other non-farm non-residential

71,059

73,140

49,851

50,386

56,795

Multifamily residential real estate

24,472

7,188

12,612

6,075

6,390

1-4 family residential loans

94,539

95,872

98,516

86,633

77,256

Farmland loans

39,833

39,967

40,238

39,932

40,667

Loans held in foreign offices

N/A

Farm loans

50,779

52,459

40,945

52,385

54,046

Commercial and industrial loans

112,823

104,602

175,261

122,814

124,280

Loans to individuals

1,059,802

975,831

925,761

783,385

734,231

Credit card loans

N/A

Related Plans

5,885

5,998

4,420

6,482

9,053

Consumer Loans - Auto

72,079

71,999

67,934

63,700

55,875

Other loans to individuals

981,838

897,834

853,407

713,203

669,303

All other loans & leases*

4,166

2,685

25,947

20,271

21,258

Loans to foreign governments and official institutions

N/A

Obligations of states and political subdivisions in U.S.

2,480

854

157

3,061

2,887

Other loans

1,686

1,831

13,690

1,709

2,798

Lease financing receivables

N/A

12,100

15,501

15,573

Loans to depository institutions and acceptances of other banks

N/A

Trading account assets

N/A

Bank premises and fixed assets

11,235

11,351

7,736

4,578

4,794

Other real estate owned

971

N/A

268

Direct and indirect investments in real estate

N/A

OREO: Real estate acquired

971

N/A

268

Other real estate owned: 1-4 family residential

N/A

Other Real Estate Owned: Multi-family residential

N/A

Other real estate owned: Commercial real estate

971

N/A

Other real estate owned:Construction & development

N/A

268

Other real estate owned: Farmland

N/A

Foreclosed properties from GNMA loans before June 2018

N/A

Other real estate owned in foreign offices

N/A

Goodwill and other intangibles

N/A

Goodwill

N/A

Mortgage servicing assets

N/A

All other assets

89,726

86,081

65,399

24,171

26,794

Liabilities and Capital

Total liabilities and capital

3,503,723

2,889,083

2,650,083

2,041,578

1,761,153

Total Liabilities

3,185,689

2,532,742

2,322,174

1,739,735

1,491,923

Total deposits

3,168,902

2,512,991

2,305,821

1,722,818

1,424,427

Deposits held in domestic offices

3,168,902

2,512,991

2,305,821

1,722,818

1,424,427

Individuals, partnerships, and corporations

3,039,734

2,382,599

2,233,919

1,645,551

1,361,318

U.S. Government

N/A

States and political subdivisions in the U.S.

125,937

129,086

71,405

68,061

63,109

Commercial banks and other depository institutions in U.S.

3,231

1,306

497

9,206

N/A

Banks in foreign countries

N/A

Foreign governments and official institutions

N/A

Deposits held in foreign offices

N/A

Deposits held in domestic offices

3,168,902

2,512,991

2,305,821

1,722,818

1,424,427

Transaction accounts

2,303,163

1,651,210

430,414

468,018

280,494

Nontransaction accounts

865,739

861,781

1,875,407

1,254,800

1,143,933

Money market deposit accounts (MMDAs)

430,643

396,271

257,822

204,096

171,111

Other savings deposits (excluding MMDAs)

211,014

200,886

1,288,831

720,184

665,014

Total time deposits

224,082

264,624

328,754

330,520

307,808

Federal funds purchased and repurchase agreements

N/A

Trading liabilities

N/A

N/A - idobrmtg

N/A

52,000

Subordinated debt

N/A

All other liabilities

16,787

19,751

16,353

16,917

15,496

Total equity capital

318,034

356,341

327,909

301,843

269,230

Bank equity capital

318,034

356,341

327,909

301,843

269,230

Perpetual preferred stock

N/A

Common stock

4,160

Surplus

63,552

Undivided profits

250,322

288,629

260,197

234,131

201,518

Equity, minor interest in consolidated subs

N/A

Memoranda

Noncurrent loans and leases

1,288

1,388

4,343

4,188

3,241

Income earned, not collected on loans

7,920

6,960

7,470

8,139

7,489

Earning assets

3,208,553

2,630,974

2,352,409

1,748,076

1,477,283

Long-term assets (5+ years)

930,455

841,067

653,442

556,710

560,274

Average total assets

3,292,064.67

3,029,379.2

2,468,131.2

1,888,576.2

1,738,966.4

Average assets, quarterly

3,493,555.5

3,175,733.5

2,764,369.5

2,007,080

1,725,038

Total risk weighted assets adjusted

2,017,638

1,886,075

1,612,380

1,413,966

1,370,367

Adjusted average assets for leverage capital purposes

2,984,058

3,061,159

2,857,395

2,104,225

1,871,334

Life insurance assets

62,417

61,869

42,316

1,428

1,357

General account life insurance assets

56,548

55,801

39,333

1,428

1,357

Separate account life insurance assets

N/A

Hybrid life insurance assets

5,869

6,068

2,983

N/A

Volatile liabilities

19,504

29,578

27,137

23,446

66,943

Insider loans

26,947

20,935

20,895

6,172

6,438

FHLB advances

N/A

52,000

Loans and leases held for sale

7,224

9,402

20,526

9,742

4,495

Unused loan commitments

402,774

394,409

200,315

176,633

184,305

Tier one (core) capital

367,190

357,392

321,335

299,950

273,163

Tier 2 Risk-based capital

25,222

23,558

20,173

17,696

17,149

Total unused commitments

402,774

394,409

200,315

176,633

184,305

Derivatives

48,664

41,188

63,246

N/A