Institution Statistics
| Sunset Bank & Savings | | FDIC Certificate # | 35043 | | BankRate Report | View | | Year Established | 1999 | | Employees | 32 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $145.23 million | | Loans | $79.57 million | | Deposits | $129.68 million | | Equity Capital | $14.38 million | | Loan Loss Allowance | $1.29 million | | Unbacked Noncurrent Loans | $2.50 million | | Real Estate Owned | $3.78 million |
Historic Data - March 2011 | | Assets | $135.62 million | | Equity Capital | $13.57 million | | Loan Loss Allowance | $1.29 million | | Unbacked Noncurrent Loans | $2.98 million | | Real Estate Owned | $3.34 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.78% | | Return on Assets | 0.45% | | Return on Equity | 4.44% | | Interest Income | $1.35 million |
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Institution Health
Overall Score:
3 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 Sunset Bank & Savings had $6.28 million in non-current loans and owned real-estate with $15.66 million in equity and loan loss allowances on hand to cover it. This gives Sunset Bank & Savings a Texas Ratio of 40.07% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Sunset Bank & Savings held steady from 42.55% as of March 31, 2011 to 40.07% as of March 31, 2012, resulting in a positive change of 5.83%.This indicates that the balance sheet and financial strength for Sunset Bank & Savings has held steady in recent periods. | | Deposit Growth |  | | In the past year, Sunset Bank & Savings has increased its total deposits by $8.78 million, resulting in 7.26% 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 Sunset Bank & Savings 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. Sunset Bank & Savings has $145.23 million in assets with $15.66 million in equity, resulting in a capitalization level of 10.78%, which is above average. |
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