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A local, family-owned bank established in 1885, serving Sioux Falls and surrounding South Dakota communities. Operating 18 branches with a commitment to personal and business banking, agribusiness, and mortgage services. Built on core FIRST Values and a 130+ year foundation in community relationships.
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SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of June 30, 2025
Median
$474K
Average
$357K
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)
