Bank of Sunset and Trust Company in city_name, state_name - Detailed Financial Reports, Location

Bank of Sunset and Trust Company in Sunset, Louisiana (LA)
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Bank of Sunset and Trust Company routing number info

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

No	ID	Name	Address	Established	Service Type
0	7541	Bank Of Sunset And Trust Company	863 Napoleon Avenue, Sunset, LA 70584	January 01, 1906	Full Service Brick and Mortar
1	225554	Grand Coteau Drive-In Branch	451 West Martin Luther King Drive, Grand Coteau, LA 70541	April 16, 1973	Limited Service Facility
2	225555	Broussard Branch	400 East Madison Street, Broussard, LA 70518	May 12, 1997	Full Service Brick and Mortar
3	225556	Lafayette Branch	900 Kaliste Saloom Road, Lafayette, LA 70508	April 04, 1997	Full Service Brick and Mortar

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

Bank of Sunset and Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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

Bank of Sunset and Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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