UNITED STATES
                                       SECURITIES AND EXCHANGE COMMISSION
                                            Washington, D.C.  20549
                                                    FORM 13F
                                              FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: 12/31/2012

Check here if Amendment       [ ]             Amendment Number:

This Amendment                [ ]             is a restatement
                              [ ]             adds new holding entries

Institutional Investment Manager Filing this Report:

Name:       BANKERS TRUST CO OF SOUTH DAKOTA
Address:    5032 SOUTH BUR OAK PL, SUITE 131
            SIOUX FALLS, SD 57108


13F File Number: 28-06751

The institutional investment Manager filing this report and the
person by whom it is signed hereby represent that the person signing
the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.

Person Signing this Report on Behalf of Reporting Manager:

Name: JOHN LEPLEY
Title: TRUST COMPLIANCE OFFICER
Phone: 515 245 2459
Signature, Place, and Date of Signing:

1    DES MOINES, IOWA    01/10/2013

Report Type     (Check only one)
                [X]            13F HOLDINGS REPORT
                [ ]            13F NOTICE
                [ ]            13F COMBINATION REPORT


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934



                                          FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:                0
Form 13F Information Table Entry Total:           11
Form 13F Information Table Value Total:           $ 147,184

List of Other Included Managers:

NONE

                       
FORM 13F INFORMATION TABLE
                                   TITLE                  VALUE     SHARES/  SH/  PUT/ INVSTMT OTHER          VOTING AUTHORITY
  NAME OF ISSUER                   OF CLASS     CUSIP     (X $1000) PRN AMOUNTPRN CALL DISCRTN MANAGERS SOLE     SHARED   NONE

  ANCHOR                           COM          032838104      1506   101803 SH        SOLE             101803
  BBCN BANCORP                     COM          073295107      1741   150455 SH        SOLE                               150455
  MEREDITH CORP                    COM          589433200        45     1316 SH        SOLE                               1316
  MEREDITH CORP                    COM          589433200      3974   115344 SH        OTHER            115344
  MONA VIE INC CAPITAL STOCK       COM          CS0002598     41287 12861861 SH        SOLE             12861861
  DAKOTA SUPPLY GROUP              COM          CS9000114     81936   171271 SH        SOLE                               171271
  CARVER MACHINE WORKS             COM          CS9000122      2907    90000 SH        SOLE                               90000
  EQUIPOISE CORPORATION &          COM          CS9000189      3639    92158 SH        SOLE                               92158
  MBW COMPANY CLASS A COMMON STOCK COM          CS9000197      2400   120000 SH        SOLE                               120000
  SHIFT COMMUNICATIONS             COM          CS9000437      1162    20000 SH        SOLE                               20000
  CRAMER & ASSOCIATES              COM          SU0013957      6587    50283 SH        SOLE             50283