Institution Statistics
| Sundance State Bank | | FDIC Certificate # | 1169 | | BankRate Report | View | | Year Established | 1895 | | Employees | 23 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $138.22 million | | Loans | $79.65 million | | Deposits | $125.92 million | | Equity Capital | $11.79 million | | Loan Loss Allowance | $1.35 million | | Unbacked Noncurrent Loans | $1.13 million | | Real Estate Owned | $89,000 |
Historic Data - March 2011 | | Assets | $128.42 million | | Equity Capital | $10.15 million | | Loan Loss Allowance | $1.38 million | | Unbacked Noncurrent Loans | $1.21 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.58% | | Return on Assets | 1.18% | | Return on Equity | 14.02% | | Interest Income | $1.50 million |
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Institution Health
Overall Score:
4 out of 5 
| Texas Ratio |  | | 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 March 31, 2012 Sundance State Bank had $1.22 million in non-current loans and owned real-estate with $13.14 million in equity and loan loss allowances on hand to cover it. This gives Sundance State Bank a Texas Ratio of 9.27% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Sundance State Bank held steady from 10.47% as of March 31, 2011 to 9.27% as of March 31, 2012, resulting in a positive change of 11.46%.This indicates that the balance sheet and financial strength for Sundance State Bank has held steady in recent periods. | | Deposit Growth |  | | In the past year, Sundance State Bank has increased its total deposits by $7.88 million, resulting in 6.68% 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 | | | 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 $138.22 million in assets with $13.14 million in equity, resulting in a capitalization level of 9.51%, which is average. |
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Average User Rating:
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.