Quoin Financial Bank

Headquarters: Miller, South Dakota
Charter: Bank
Assets: $250.7M
Fed district: Minneapolis
Regulator: FDIC
Holding company: Independent Bancshares Inc.

17 published fees; none has a market median to compare yet.

Source: its fee schedule, read Nov 1, 2026.

Overview

Total assets
Q2 2026, quarter end
FFIEC call report · Jun 30, 2026
Revenue
Q2 2026, one quarter
FFIEC call report · Jun 30, 2026
Service-charge income
Q2 2026, one quarter
FFIEC call report · Jun 30, 2026
Service-charge share of revenue
Not available
Peer figures could not be read
Not on file
Fees above the U.S. median
None compared
No fee has a median to compare
Fee schedule read Nov 1, 2026

How these figures are measured

Call-report figures are for Quoin Financial Bank at the bank level, not its holding company. Revenue is net interest income plus noninterest income.

Metric	Measure and calculation	Source and fields	Period	Retrieved
Total assets	Total assets at quarter end Point in time, at quarter end	FFIEC call report (bulk data) RCON2170	Q2 2026 Quarter ended Jun 30, 2026	Nov 1, 2026
Revenue	Revenue (net interest + noninterest income) Standalone quarter: year to date less the prior quarter (Q1 as filed)	FFIEC call report (bulk data) RIAD4074 + RIAD4079	Q2 2026 Quarter ended Jun 30, 2026	Nov 1, 2026
Service-charge income	Service charges on deposit accounts Standalone quarter: year to date less the prior quarter (Q1 as filed)	FFIEC call report (bulk data) RIAD4080	Q2 2026 Quarter ended Jun 30, 2026	Nov 1, 2026
Service-charge share of revenue	Service charges on deposit accounts divided by revenue (net interest + noninterest income) Shown when at least 10 banks of its size report a share above 0%.	Not on file	Not on file	Not recorded
Fees above the U.S. median	Published fees above the U.S. median for the same fee Within 1% of the median counts as about the same. Business-only fees are left out.	Quoin Financial Bank's published fee schedule; Bank Fee Index medians	Current schedule	Nov 1, 2026

Service-charge income by quarter

Q1 2024 to Q2 2026, standalone quarters

Details

Source: FFIEC call report (bulk data)
Entity: Quoin Financial Bank (bank level, not the holding company)
Period: Q1 2024 to Q2 2026, 10 quarters
Measure: Service charges on deposit accounts
Calculation: Standalone quarter: year to date less the prior quarter (Q1 as filed)
Fields: RIAD4080
Retrieved: Nov 1, 2026

What stands out

Service-charge income was $31K in Q2 2026, 3.1% below the same quarter a year earlier ($32K).
Not established: Two quarters a year apart are two observations, not an established trend in service-charge income.

Fees against the market

Comparison with U.S. medians for fees published by banks and credit unions.

Overdraft (OD)
Quoin Financial Bank: $33
Quoin Financial Bank: $33
U.S. median: no median
Non-Network ATM
Compared at $2, the middle of its prices
Quoin Financial Bank: $2 to $3
Quoin Financial Bank: $2 to $3
U.S. median: no median
Wire Transfer (Domestic Out)
Quoin Financial Bank: $30
Quoin Financial Bank: $30
U.S. median: no median

A blank median means fewer than 5 publish the fee.

Published schedulesBanks and credit unionsRead Nov 1, 2026View sources

Each amount links to the fee schedule it was read from. Medians for South Dakota, the Minneapolis district and the U.S.: Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Compared at: The value this page compares: its one price, or the middle of its prices when it lists several (the highest, its standard fee, for overdraft).
Same rules: Its fees and every median use the same rules. Business-only fees are left out. So are CD, IRA, card inactivity, box drilling and key fees filed under a fee they don’t match, and fees charged by a different period than the median (a quarterly fee beside monthly ones).
South Dakota: Banks and credit unions headquartered in South Dakota that publish the fee.
Minneapolis district: Banks and credit unions headquartered in the Minneapolis Fed district that publish the fee.
U.S.: Banks and credit unions across the Bank Fee Index that publish the fee.
About the same: Within 1% of the median.
Account: Fees not tied to a named account apply across its personal accounts.

Fee income beside fee prices

Service-charge income fell 21% from Q3 2025 to Q2 2026, to $31K.

Service-charge income, Q2 2026

$31K

$39KQ3 2025

$38KQ4 2025

$31KQ1 2026

$31KQ2 2026

Against the median

Quoin Financial BankMedian

Sources and open questions

FFIEC call reports, bank level, standalone quarters. Four quarters are too few to call a trend.

Do business accounts and account analysis fees make up more of service charges than at peers?

Among its peers

Quoin Financial Bank · $251M in assets

The 25 banks closest in assets

Banks of similar size, for comparing published prices. Not local competitors: they're spread over 18 states.

Banks only
$243M to $258M in assets
Headquartered in 18 states

See the 25 institutions

The institutions in this peer set, with the fees each publishes
Institution	City, state	Assets	Maintenance	ATM	Domestic wire	Intl. wire	Overdraft
Quoin Financial Bank(this institution)	Miller, SD	$251M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
1st National Bank	Lebanon, OH	$247M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Overdraft not published
Alliant Bank	Madison, MO	$256M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Bank of Easton	North Easton, MA	$249M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Bank of Perry County	Lobelville, TN	$253M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Cendera Bank	Bells, TX	$258M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Citizens Bank of Eldon	Eldon, MO	$247M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Citizens Progressive Bank	Winnsboro, LA	$243M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Publishes Overdraft
Drake Bank	Saint Paul, MN	$247M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published
Farmers & Merchants State Bank	Waterloo, WI	$246M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
First Federal Savings and Loan Association	Delta, OH	$246M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
First Financial Bank	Bessemer, AL	$248M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
First National Bank of Burleson	Burleson, TX	$251M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
First National Bank USA	Boutte, LA	$249M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Heartland Bank	Somers, IA	$256M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Homeland Community Bank	McMinnville, TN	$244M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Hometown Bank	Kent, OH	$255M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Lee Bank and Trust Company	Pennington Gap, VA	$257M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Mi Bank	Bloomfield Township, MI	$245M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
Raritan State Bank	Raritan, IL	$254M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Security Bank	New Auburn, WI	$254M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Security National Bank of South Dakota	Dakota Dunes, SD	$251M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
The Farmers State Bank of Westmoreland	Westmoreland, KS	$258M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Publishes Overdraft
The Peoples Bank of Georgia	Talbotton, GA	$252M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Wayne Bank and Trust Co.	Richmond, IN	$255M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Western National Bank	Chester, NE	$257M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published

✓ publishes the fee. – not published.

25 peers selected · 15 publish this fee(monthly maintenance)

10 don't publish it: shown as not published, never as zero.

Fee type

Peer pricing snapshot

Quoin Financial Bank does not publish a monthly maintenance fee in the index.

The peer median is $5.87 among 15 publishing peers.

This describes published pricing only. Account mix, waivers and actual fee revenue are not represented.

Source: Bank Fee Index, published fee schedules, as of Nov 2, 2026.

Monthly maintenance fee in dollars, one mark per institution

Quoin Financial Bank does not publish a monthly maintenance fee, so it is not on this chart.

Quoin Financial BankPeer (equal prices stack)Peer medianInclude 2 outliers ($1, $10)Shown past the axis break, not to scale, so the rest of the set has room.

Hamilton is the Fee Insight workspace for pricing teams.

Source: Bank Fee Index, published fee schedules, as of Nov 2, 2026. Total assets from FDIC and NCUA records.

How peers are chosen and counted

Every set except Home metro keeps the institution's own charter: banks against banks, credit unions against credit unions.
The set shown first is the first in the list with a peer median for each overdraft and monthly maintenance fee this institution publishes. If none has them all, it is the set with the most.
Closest in assets takes the institutions nearest its total assets among those that publish fees.
Home metro is the metro where it has the most branches. It counts the banks with a branch there (FDIC Summary of Deposits) and the credit unions with a branch in one of the metro's cities (NCUA). Banks only leaves the credit unions out.
State and Fed district count institutions headquartered there. Size uses its asset-size band.
Regulator uses the bank's primary federal regulator; for a credit union, its federal or state charter.
A set lists the institutions that publish at least one fee. This institution is not counted in its own set.
Each institution counts once per fee: the middle of its prices, or for overdraft its highest.
A peer median needs at least 8 peers that publish the fee. With fewer, the fee reads "too few to compare".
A fee an institution does not publish is shown as not published, never as zero.
About the same: within 1% of the median, in this section and everywhere on this page. Above or below means further than that.
A set with more than 50 peers shows the 50 closest in assets. Its medians and counts still use every peer in the set.

Financial performance

Call reports for Quoin Financial Bank (bank level, not the holding company). Income lines are standalone quarters.

Measure

Service-charge income

Q3 2024 to Q2 2026, standalone quarters · 66 quarters on file

Latest, Q2 2026: $31K
vs prior quarter: $00.0%; from Q1 2026
vs a year earlier: −$1K−3.1%; from Q2 2025
vs start of range: −$3K−8.8%; from Q3 2024

Details

Source: FFIEC call report (bulk data)
Entity: Quoin Financial Bank (bank level, not the holding company)
Period: Q3 2024 to Q2 2026, 8 quarters
Measure: Service charges on deposit accounts
Calculation: Standalone quarter: year to date less the prior quarter (Q1 as filed)
Fields: RIAD4080
Retrieved: Nov 1, 2026

Table

Quarter	Amount	Change	%
Q2 2026	$31K	$0	0.0%
Q1 2026	$31K	−$7K	−18.4%
Q4 2025	$38K	−$1K	−2.6%
Q3 2025	$39K	+$7K	+21.9%
Q2 2025	$32K	−$3K	−8.6%
Q1 2025	$35K	$0	0.0%
Q4 2024	$35K	+$1K	+2.9%
Q3 2024	$34K	+$4K	+13.3%

Service-charge share against its size cohort

Insufficient sample: fewer than 10 peers of its size reported a share.

Published fee schedule

Amounts from Quoin Financial Bank’s own schedules, with a source for each figure.

Account Maintenance

Dormant Account Fee - Checking$10
per month
Dormant Account Fee - Savings$10
per month
Inactive Account Fee - Checking$10
Inactive Account Fee - Savings$10
Account Balancing Assistance$20
Not compared: Charged per hour; comparison unavailable
per hour
Account Research$50
Not compared: Charged per hour; comparison unavailable
per hour
Paper Statement Fee$3
per month

Overdraft & NSF

Overdraft Charge$33
per item

ATM & Card

ATM Balance Inquiry Using Visa Check Card (Debit Card)$2
ATM Transfers Using Visa Check Card (Debit Card)$2
per item
ATM Withdrawal Using Visa Check Card (Debit Card)$3
Replace Visa Check Card (Debit Card)$10
Visa Check Card (Debit Card) Same Day Rush Embossing$30
International Service Assessment1%of the transaction

Wire Transfers

Wire Transfers - Domestic Outgoing$30
Wire Transfers - Domestic Incoming$15
Wire Transfers - Foreign Outgoing$55
Wire Transfers - Foreign Incoming$15

Check Services

Cashiers Check$4
Money Order - Customers$2
Money Order - Non-customers$3
Stop Payment$33
per item
Counter Checks$0.50
per item

Cash & Deposit

Deposit Item Return Charge$5
per item

Account Services

Garnishments$40
Levies$40

Other Fees

Account Statement & Image Reproduction$10
Not compared: Charged per statement; comparison unavailable
per statement · Account Statement & Image Reproduction $10 per statement
Account Statement Reproduction$3
Not compared: Charged per statement; comparison unavailable
per statement · Account Statement Reproduction $3 per statement
Photocopies$0.25
per item

Fee	Amount	Basis	Note
Account Maintenance
Dormant Account Fee - Checking	$10	per month	None
Dormant Account Fee - Savings	$10	per month	None
Inactive Account Fee - Checking	$10	Not stated	None
Inactive Account Fee - Savings	$10	Not stated	None
Account Balancing Assistance	$20Not compared: Charged per hour; comparison unavailable	per hour	None
Account Research	$50Not compared: Charged per hour; comparison unavailable	per hour	None
Paper Statement Fee	$3	per month	None
Overdraft & NSF
Overdraft Charge	$33	per item	None
ATM & Card
ATM Balance Inquiry Using Visa Check Card (Debit Card)	$2	Not stated	None
ATM Transfers Using Visa Check Card (Debit Card)	$2	per item	None
ATM Withdrawal Using Visa Check Card (Debit Card)	$3	Not stated	None
Replace Visa Check Card (Debit Card)	$10	Not stated	None
Visa Check Card (Debit Card) Same Day Rush Embossing	$30	Not stated	None
International Service Assessment	1%of the transaction	Not stated	None
Wire Transfers
Wire Transfers - Domestic Outgoing	$30	Not stated	None
Wire Transfers - Domestic Incoming	$15	Not stated	None
Wire Transfers - Foreign Outgoing	$55	Not stated	None
Wire Transfers - Foreign Incoming	$15	Not stated	None
Check Services
Cashiers Check	$4	Not stated	None
Money Order - Customers	$2	Not stated	None
Money Order - Non-customers	$3	Not stated	None
Stop Payment	$33	per item	None
Counter Checks	$0.50	per item	None
Cash & Deposit
Deposit Item Return Charge	$5	per item	None
Account Services
Garnishments	$40	Not stated	None
Levies	$40	Not stated	None
Other Fees
Account Statement & Image Reproduction	$10Not compared: Charged per statement; comparison unavailable	per statement	Account Statement & Image Reproduction $10 per statement
Account Statement Reproduction	$3Not compared: Charged per statement; comparison unavailable	per statement	Account Statement Reproduction $3 per statement
Photocopies	$0.25	per item	None

Correct a fee source

Nov 1, 2026 data snapshot. Each amount links to its fee schedule. The U.S. comparison is the middle 50% of Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Branches and public record

Where Quoin Financial Bank operates, and what regulators and customers have on file.

Market position

In Sioux Falls, SD-MN, Quoin Financial Bank holds 0% of bank deposits, #32 of 42, with 1 office.

Compare fees with the 24 Sioux Falls, SD-MN banks and credit unions in its home-metro peer set →

Offices in the metro

159 offices of 47 institutions shown.

Quoin Financial BankOther banksCredit unions

Source: FDIC Summary of Deposits, as of June 30, 2026 (bank offices); NCUA branch file, quarter ending June 30, 2026 (credit union offices).

Details

Source: FDIC Summary of Deposits (bank offices, June 30, 2026); NCUA credit union branch file (quarter ending June 30, 2026)
Area: Sioux Falls, SD-MN metro (FDIC metro code 43620), drawn from its counties
Coverage: Bank offices the FDIC places in the metro. Credit union offices in the cities those bank offices are in.
Asset band: Each institution's total assets as on file in our institution registry
Not drawn: 3 offices have no coordinates on file

Share of bank deposits

As of June 30, 2026. FDIC-insured offices only; credit unions are not included.

1Citibank, National Association56.5%
2Wells Fargo Bank, National Association41.0%
3The Bancorp Bank, National Association0.7%
4Pathward, National Association0.5%
5First PREMIER Bank0.2%
6Sunrise Banks, National Association0.2%
7The First National Bank in Sioux Falls0.1%
8First Dakota National Bank0.1%
32Quoin Financial Bank0.0%

9 of 42 institutions shown. $1.1T in bank deposits in the metro.

Source: FDIC Summary of Deposits, as of June 30, 2026.

Details

Source: FDIC Summary of Deposits
Reporting date: June 30, 2026
Area: Sioux Falls, SD-MN metro (FDIC metro code 43620)
Coverage: Deposits booked at FDIC-insured bank and savings institution offices. Credit unions are not in the survey.
Calculation: An institution's deposits at its offices in the metro, divided by all surveyed deposits there. Ranked by deposits.

Position over time, 2010 to 2026

June 2026: 0% share, 1 office, #32 of 42

Deposit share

Offices

Rank (1 is largest)

Source: FDIC Summary of Deposits, as of June 30 of each year, 2010 to 2026.

Details

Source: FDIC Summary of Deposits, every survey year on file
Reporting dates: June 30 of each year, 2010 to 2026
Area: Sioux Falls, SD-MN metro as the FDIC coded each office that year; metro boundaries can change between years
Calculation: Same as the share chart, year by year. Offices counted at June 30. A merger moves the acquired offices to the buyer from that year on.

Credit unions, reported separately

23 offices of 6 credit unions in the metro's cities. NCUA does not report deposits by office, so credit unions have no share above.

Source: NCUA branch file, quarter ending June 30, 2026.

Enforcement actions

None on file with the Federal Reserve

The Federal Reserve has no public enforcement action against this bank or its holding company on file.

Source: public enforcement action lists from the Federal Reserve, read November 4, 2026. The agencies don't always record when an order ends, so one with no end date may have ended. FDIC orders are not included yet. Actions against individual bank officers are left out.

Fee change alerts

Get an email when Quoin Financial Bank's foreign transaction changes in our data

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