Small-Balance CRE · SD
Small-Balance CRE lenders in South Dakota
35 lenders with an office in South Dakota hold small-balance commercial real estate loans on their books. Reliabank Dakota, based in South Dakota, holds the largest book among those based here, at $59.1M.
- Evidence
- Lender has a small-balance commercial real estate book (banks: 40% or more of it in loans of $1M or less; credit unions: an average non-owner-occupied loan of $1M or less) and has an office in South Dakota
- Data as of
- June 30, 2026
- Page last changed
- November 11, 2026
- Lenders with an office here
- 35
- FDIC call report,
- Based here
- 29
- FDIC call report,
- Held by those based here
- $286M
- FDIC call report,
- Median book, based here
- $4.97M
- FDIC call report,
Cite this
Source: The Lender Report, Small-Balance CRE lenders in South Dakota, https://lender.report/small-balance-cre-lenders/south-dakota/, data as of June 30, 2026.
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| Lender | Kind | Based in | Offices here | Holds | Growth, 12 months |
|---|---|---|---|---|---|
| Reliabank Dakota | Bank | Estelline, SD | 10 | $59.1M | |
| BankStar Financial | Bank | Elkton, SD | 3 | $53.4M | |
| First Fidelity Bank | Bank | Burke, SD | 11 | $18.9M | |
| Farmers State Bank | Bank | Parkston, SD | 3 | $14.6M | |
| Rivers Edge Bank | Bank | Marion, SD | 4 | $14.5M | |
| Quoin Financial Bank | Bank | Miller, SD | 3 | $14.3M | |
| Commercial State Bank, of Wagner | Bank | Wagner, SD | 1 | $13.9M | |
| Highmark Credit Union | Credit union | Rapid City, SD | 4 | $11.1M | +3.5% |
| Merchants State Bank | Bank | Freeman, SD | 4 | $10.6M | |
| Northern Hills Credit Union | Credit union | Sturgis, SD | 5 | $8.57M | +25.0% |
| Sentinel Credit Union | Credit union | Box Elder, SD | 8 | $8.06M | +13.4% |
| Aspen Credit Union | Credit union | Rapid City, SD | 3 | $6.85M | +234.0% |
| One American Bank | Bank | Centerville, SD | 3 | $6.84M | |
| Bryant State Bank | Bank | Bryant, SD | 1 | $5.35M | |
| Great Plains Bank | Bank | Eureka, SD | 3 | $4.97M | |
| First State Bank of Roscoe | Bank | Roscoe, SD | 3 | $4.56M | |
| Heartland State Bank | Bank | Redfield, SD | 4 | $4.37M | |
| Farmers State Bank of Canton | Bank | Canton, SD | 1 | $3.94M | |
| Citizens State Bank, of Arlington | Bank | Arlington, SD | 3 | $3.89M | |
| Richland State Bank | Bank | Bruce, SD | 1 | $3.22M |
See all 35 small-balance CRE lenders in South Dakota in Search
| Lender | Kind | Based in | Offices here | Holds, nationwide |
|---|---|---|---|---|
| Premier Bank | Bank | Rock Valley, IA | 2 | $26.1M |
| Sundance State Bank | Bank | Sundance, WY | 1 | $24.5M |
| First State Bank Southwest | Bank | Pipestone, MN | 1 | $24.2M |
| Interfaith Credit Union | Credit union | Montclair, CA | 1 | $15.4M |
| Farmers and Merchants State Bank, Bloomfield, Nebraska | Bank | Bloomfield, NE | 1 | $12.0M |
| Legends West Bank | Bank | Lewellen, NE | 1 | $11.3M |
- 29 of these lenders are based in South Dakota, and 6 are based elsewhere with offices here. FDIC call report,
- These lenders: 26 banks, 1 savings institution and 8 credit unions. FDIC call report,
- Lenders based in South Dakota hold $286.3M of small-balance commercial real estate loans. FDIC call report,
- The five largest books based here hold 56.0% of that total. FDIC call report,
- Reliabank Dakota holds $59.1M, and BankStar Financial holds $53.4M. FDIC call report,
- The median book among lenders based in South Dakota is $5M. FDIC call report,
- 4 lenders based here grew this book by 10% or more in the year to June 30, 2026. FDIC call report,
- These lenders list 103 offices in South Dakota. FDIC office list,
- Premier Bank, based in Iowa, lists the most offices here among out-of-state lenders, at 2. FDIC office list,
- Among credit unions here, the median average loan in this category is $406K. NCUA 5300,
- Northern Hills Credit Union grew this book the most in the year, up 25.0% to $8.6M. FDIC call report,
How this list is defined
- Measure
- small-balance commercial real estate loans held by lenders with an office in South Dakota
- Period
- June 30, 2026
- Formula
- The balance of small-balance commercial real estate loans on the lender's June 30, 2026 filing, for a lender with an office in South Dakota. A balance held, not loans made.
- Order
- Largest first by the book held at the latest filing, then name. Payment is not part of the order.
- As of
- June 30, 2026
- Source
- FDIC call report
- Changelog
- : First published, with the data built on this date.
For banks the book shown is nonfarm nonresidential loans of $1M or less. For credit unions it is the non-owner-occupied commercial real estate book, where the average loan is $1M or less.
Small-balance commercial real estate means loans of about $1M or less. A lender with many of them often works with smaller borrowers.
This is a rule of thumb on public filings. It is not a statement from any lender about what it will lend on.
Growth appears only where a book grew over the 12 months. Each lender's own page has its full record.
A lender counts here if it has a small-balance commercial real estate book (banks: 40% or more of it in loans of $1M or less; credit unions: an average non-owner-occupied loan of $1M or less) and has an office in South Dakota. Lenders that merged or stopped filing are left out.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.