Bank of Sunset and Trust Company in Sunset, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Sunset and Trust Company - Overview

  • General
  • FDIC Certificate #: 11788
    Status: Active
    Federal Reserve ID: 910239
    Bank Holding Company (Regulatory Top Holder): Sunset Bancorp, Inc. (RSSDID: 2376727, Location: Sunset, LA)
    Date Established: January 01, 1906
    WWW: http://www.bankofsunset.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 12686
    FDIC's unique #: 7541
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 863 Napoleon Avenue, Sunset, LA 70584
    County: St. Landry
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Lafayette, LA (#3880)
    Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318)
    Core Based Statistical Area (CBSA): Opelousas-Eunice, LA (#36660)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $111.0 mil
    Equity capital: $11.3 mil
    Deposits held in domestic offices: $96.2 mil
    Return on assets (ROA): 1.06% ($1.2 mil)
    Quarterly return on assets: 1.23% ($1.4 mil)
    Return on Equity (ROE): 11.22% ($1.2 mil)
    Quarterly return on equity: 12.32% ($1.4 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.41% ($1,565.3 mil)
    Quarterly Pretax return on assets: 1.28% ($1,421.0 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 32Total employees (full-time equivalent)
  • $111,013Total assets
  • $6,582Cash and due from depository institutions
  • $4,118Interest-bearing balances
  • $34,267Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $66,191Net loans & leases
  • $626Loan loss allowance
  • $0Trading account assets
  • $1,353Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $111,013Life insurance assets
  • $2,620All other assets
  • $99,719Total liabilities and capital
  • $96,173Total liabilities
  • $75,897Total deposits
  • $96,173Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 2050.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,496Subordinated debt
  • $11,294All other liabilities
  • $11,294Total equity capital
  • $11,294Total bank equity capital
  • $0Perpetual preferred stock
  • $248Common stock
  • $3,000Surplus
  • $8,046Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $34Income earned, not collected on loans
  • $0Earning assets
  • $427Long-term assets (5+ years)
  • $104,576Average Assets, year-to-date
  • $34,612Average Assets, quarterly
  • $110,717Volatile liabilities
  • $110,860Insider loans
  • $73,341FHLB advances
  • $110,961Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,416Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,466Restructured Loans and leases
  • $1,999Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,115Total interest income
  • $792Total interest expense
  • $4,323Net interest income
  • $60Provision for loan and lease losses
  • $456Total noninterest income
  • $0Fiduciary activities
  • $289Service charges on deposit accounts
  • $0Trading account gains & fees
  • $167Additional noninterest income
  • $3,256Total noninterest expense
  • $1,988Salaries and employee benefits
  • $383Premises and equipment expense
  • $885Additional noninterest expense
  • $1,463Pre-tax net operating income
  • $102Securities gains (losses)
  • $386Applicable income taxes
  • $1,179Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,179Net income attributable to bank
  • $0Net charge-offs
  • $1,179Cash dividends
  • $8Sale, conversion, retirement of capital stock, net
  • $548Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 4.14%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 3.12%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 11.22%Return on equity (ROE)
  • 6.00%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 750.00%Credit loss provision to net charge-offs
  • 190.38%Efficiency ratio
  • 68,131Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.48%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 1841.18%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 68.82%Net loans and leases to core deposits
  • 80.07%Equity capital to assets
  • 10.17%Core capital (leverage) ratio
  • 9.39%Tier 1 risk-based capital ratio
  • 14.20%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $110,717Average earning assets
  • $10,512Average equity
  • $104,355Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $51Managed Assets
  • 1Number of Accounts
  • $51Personal trust and agency accounts
  • $51Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07541Bank Of Sunset And Trust Company863 Napoleon Avenue, Sunset, LA 70584January 01, 1906Full Service Brick and Mortar
    1225554Grand Coteau Drive-In Branch451 West Martin Luther King Drive, Grand Coteau, LA 70541April 16, 1973Limited Service Facility
    2225555Broussard Branch400 East Madison Street, Broussard, LA 70518May 12, 1997Full Service Brick and Mortar
    3225556Lafayette Branch900 Kaliste Saloom Road, Lafayette, LA 70508April 04, 1997Full Service Brick and Mortar

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