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Bank

First Dakota National Bank

firstdakota.com
101 N Main Ave, Sioux Falls, SD 57104

First Dakota National Bank is a long-standing, FDIC-insured institution based in South Dakota, providing a full spectrum of personal, business, and agricultural banking and lending solutions.

Key Statistics

As of December 2025, public records show First Dakota National Bank has originated approximately $352.3M in loan volume over the past 12 months, with an average loan size of $397k.

Volume (12mo)

$352.3M

Avg Loan Size

$397k

Total Mortgages

9,793

Total Borrowers

199

Lending Entities

First Dakota National Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

First Dakota Natl Bank

9,792 mortgages recorded

+1 more not shown

Geography

First Dakota National Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1South Dakota

Mortgages (12mo): 327

Volume (12mo): $164.0M

Total Volume: $2.6B

#2Minnesota

Mortgages (12mo): 40

Volume (12mo): $80.0M

Total Volume: $279.3M

#3Iowa

Mortgages (12mo): 32

Volume (12mo): $53.4M

Total Volume: $259.8M

Top Borrowers

The following individuals have the most recorded mortgage transactions with First Dakota National Bank. Click on a borrower to view their full investor profile.

+196 more not shown

FAQ

What type of lender is First Dakota National Bank?

First Dakota National Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (15%) and personal loans in their portfolio.

What entities does First Dakota National Bank fund loans under?

First Dakota National Bank originates mortgages through 2 different lending entities. The most common include First Dakota Natl Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is First Dakota National Bank most active?

Based on recorded mortgages, First Dakota National Bank is most active in South Dakota, Minnesota, and Iowa.

How many loans has First Dakota National Bank originated?

Public records show 9,793 mortgages recorded for First Dakota National Bank, with $352.3M in volume over the past 12 months.

What is the average loan size for First Dakota National Bank?

The average mortgage size for First Dakota National Bank is $397k based on all recorded mortgages.

Does First Dakota National Bank offer short-term loans?

First Dakota National Bank primarily offers long-term financing, with only 4% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.