Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 19 Oct 2026 |
| RSSD ID | 129853 |
| Address | PO Box 220, Wagner, SD 57380 Directions to the main office (Google Maps) |
| Website | www.commercialstate.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Not yet verifiedWe read 12 pages of this lender's website on 3 Nov 2026 but could not confirm any loan product, loan size or service area there, so we list nothing rather than guess. That doesn't mean it lacks them. Check www.commercialstate.com or contact the lender directly.
Questions to ask when you contact them
We have no details from their website yet, so these are the basics to ask any lender. Something missing here does not mean they don't offer it: ask.
- What kinds of loans do you make, and which one fits what I need?
We have no loan details from their website. - Do you lend where I live, or where my business is?
- What are the smallest and the largest loans you make?
- What interest rate and fees should I expect? For a personal, car or home loan, ask for the APR.
- What documents will you need from me, and how long does a decision usually take?
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as Commercial State Bank, of Wagner (FDIC cert 9932). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $260.4 million (as of 30 Jun 2026) |
|---|---|
| Offices | 1 (as of 30 Oct 2026) |
Offices by state and county (1)
South Dakota (1 office)
- Charles Mix County (1): 204 S Main Ave, Wagner 57380 (main office)
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026Figures from the Call Report filed by Commercial State Bank, of Wagner (RSSD 129853, FDIC cert 9932). Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $155.7 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Up 4.6% from $148.8 million on 30 Jun 2025 |
| Total assets | $260.4 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $20.3 million | 13.1% |
| Commercial real estate, construction and multifamily | $22.2 million | 14.3% |
| Commercial and industrial (business) loans | $16.5 million | 10.6% |
| Farmland and farm production loans | $85.4 million | 54.9% |
| Consumer loans (credit cards, auto, other) | $6.1 million | 3.9% |
| All other loans and leases | $5 million | 3.2% |
None reported on the 30 Jun 2026 report: home equity lines of credit.
Within consumer loans: auto loans $2.8 million, credit cards $4,000.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 23 loans $1 million | 244 loans $5.4 million |
| $100,001 to $250,000 | 28 loans $3.9 million | 31 loans $3.5 million |
| $250,001 to $1 million | 19 loans $9.1 million | 13 loans $3.8 million |
| All small business loans | 70 loans $13.9 million | 288 loans $12.7 million |
Small farm loans (original amount $500,000 or less, balances on 30 Jun 2026)
| Original loan amount | Secured by farmland | Farm production |
|---|---|---|
| Up to $100,000 | 14 loans $693,000 | 407 loans $8.9 million |
| $100,001 to $250,000 | 34 loans $4.8 million | 82 loans $8.5 million |
| $250,001 to $500,000 | 34 loans $10.1 million | 81 loans $19.8 million |
| All small farm loans | 82 loans $15.6 million | 570 loans $37.3 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $260.4 million | Larger than 31% of the 321 other certified banks and bank holding companies nationwide (median $383.2 million). |
| Loans as a share of assets | 60% | Median of the same 321 banks and bank holding companies: 68%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $148.8 million → $155.7 million (+5%) | Median change of 321 other certified banks and bank holding companies nationwide: +7%. Rank by loans held among these 322: 227 → 222. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified banks and bank holding companies nationwide | 321 | larger than 31% |
| Loans held then vs now | certified banks and bank holding companies nationwide reporting both dates | 321 | rank 227 → 222 of 322 |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 1 SBA-backed approval for Commercial State Bank of Wagner in fiscal years 2020–2026 (October 2019 to September 2026):
- 1 504 projects as the third-party (first-lien) lender
By fiscal year: FY2020 0 · FY2021 0 · FY2022 0 · FY2023 0 · FY2024 0 · FY2025 0 · FY2026 1.
By program
- 504 projects (as the third-party lender) (1, 100%)
How this lender was matched in the SBA files: 504 third-party lender name: same name, state and city (SBA lists “Commercial State Bank of Wagner”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Commercial State Bank of Wagner may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Wagner and South Dakota
- Commercial Holding CompanyBank holding company · Wagner, SDOfficial list only
- Fort Randall Federal Credit UnionCredit union · Wagner, SDAgriculture / farm loans, Auto / vehicle loans, Credit-builder loans, Equipment loans…Verified
- Akiptan, Inc.Loan fund · Eagle Butte, SD · Native CDFIAgriculture / farm loansVerified
- Coteau Valley Federal Credit UnionCredit union · Sisseton, SDAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified
- Dakota ResourcesLoan fund · Renner, SDMicroloans, Nonprofit / community facility loansVerified
- Four Bands Community Fund, IncorporatedLoan fund · Eagle Butte, SD · Native CDFIAgriculture / farm loans, Credit-builder loans, Home repair / improvement loans, Microloans…Verified
Work at Commercial State Bank of Wagner? Link to this page
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