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Overview / Commentary
123 South 2nd Street
Sundance, WY 82729

Sundance State Bank is headquartered in Sundance and is the 15st largest bank in the state of Wyoming. It is also the 3,526th largest bank in the nation. It was established in 1895 and as of December of 2013, it had grown to 24 employees at 1 location. Sundance State Bank has a A health rating.

Reviews (1)

Be Aware Of This Bank. They Are Crooked...

This bank is dishonest and not to be trused. They do not know what they are doing. They ding your credit and send dirty letters to you on the due date of your loan. Even when you have paid it on that day. I have never been late but they have destroyed my credit. If you pay in cash be very careful. Make sure you get a receipt and keep in in a safe place. They will put all sorts of fees on your account and say that you did not pay. I don't know where the money goes once they have it. They are also the rudest people I have ever talked to. Even the President who is also the owner is the most unprofessional man I have ever spoken with. And that's a long time. I wish it would let me give them 0 stars.



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Sundance State Bank had $1.07 million in non-current loans and owned real-estate with $14.24 million in equity and loan loss allowances on hand to cover it. This gives Sundance State Bank a Texas Ratio of 7.52% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Sundance State Bank decreased dramatically from 12.73% as of December 31, 2012 to 7.52% as of December 31, 2013, resulting in a positive change of 40.97%.This indicates that the balance sheet and financial strength for Sundance State Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, Sundance State Bank has increased its total deposits by $4.68 million, resulting in 3.22% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Sundance State Bank has shown is excellent.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Sundance State Bank has $162.76 million in assets with $14.24 million in equity, resulting in a capitalization level of 8.75%, which is average.

Institution Statistics

Overall
FDIC Certificate #1169
Year Established1895
Employees24
Primary RegulatorFED
Assets and Liabilities
Assets$162.76 million
Loans$87.72 million
Deposits$149.98 million
Equity Capital$12.70 million
Loan Loss Allowance$1.54 million
Unbacked Noncurrent Loans$1.01 million
Real Estate Owned$56,000
Historic Data - December 2012
Assets$157.97 million
Equity Capital$12.33 million
Loan Loss Allowance$1.37 million
Unbacked Noncurrent Loans$1.01 million
Real Estate Owned$78,000
Profit Margin - Quarterly
Net Interest Margin3.68%
Return on Assets1.13%
Return on Equity13.85%
Interest Income$6.43 million
Rates

Sorry, we do not have rate data for Sundance State Bank

Locations


Sundance State Bank Locations
Sundance State Bank123 South 2nd StreetSundance, WY 82729