The dynamics and noise of a dc superconducting quantum interference device (SQUID) with the McCumber parameter βc=2πR2IcC/Φ0 close to the unity (where Ic, R, C are the critical current, the shunt resistance, and the capacitance of the Josephson junctions comprising the SQUID, respectively, and Φ0=2.07×10-15 Wb is the magnetic flux quantum) integrated with a planar spiral input coil have been experimentally studied. The length of the spiral input coil was chosen to match its λ/4 microwave resonance frequency to the plasma resonance frequency of the SQUID. The input coil resonance enhances the overall quality factor Q of the Josephson oscillations in the SQUID and, as a result, increases the dynamic resistance Rd and the gradient of the flux-to-voltage characteristics ∂V/∂Φ without hysteresis. This relaxes the tolerance for the βc parameter, simplifies the technological process, and improves the yield of devices. A dc SQUID with loop inductance L=31.4 pH, βc=0.72, and a six turn input coil has demonstrated a nondistorted quasisinusoidal flux-to-voltage transfer function with an exceptionally large modulation depth of approximately 140 μV peak-to-peak. A spectral density of the intrinsic magnetic flux noise as low as 3.5×10-7 Φ0/Hz1/2 has been measured in the double stage configuration at a temperature of 4.2 K using direct read-out electronics. This corresponds to the intrinsic energy resolution of Є=12.5h. In combination with an intermediary transformer, the current res- olution of the SQUID is as low as 1.25 pA/Hz1/2 with an input coil inductance of 58 nH. The coupled energy resolution is Єc=45h in the white noise region. © 1999 American Institute of Physics.