Sunset Bank & Savings in city_name, state_name - Detailed Financial Reports, Location

Sunset Bank & Savings in Waukesha, Wisconsin (WI)
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Sunset Bank & Savings routing number info

Sunset Bank & Savings - Overview

General
FDIC Certificate #: 35043
Status: Active
Federal Reserve ID: 2756767
Bank Holding Company (Regulatory Top Holder): Waukesha Bankshares, Inc. (RSSDID: 2756776, Location: Waukesha, WI)
Date Established: August 16, 1999
WWW: http://www.sunsetbankandsavings.com
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 74347
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: 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: All Other Specialization < 1 Billion
Date of Deposit Insurance: August 16, 1999
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: 521 West Sunset Drive, Waukesha, WI 53189
County: Waukesha
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Milwaukee
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Milwaukee-Waukesha, WI (#5080)
Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340)
CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $135.7 mil
Equity capital: $14.3 mil
Deposits held in domestic offices: $120.1 mil
Return on assets (ROA): 0.40% ($0.5 mil)
Quarterly return on assets: 0.25% ($0.3 mil)
Return on Equity (ROE): 4.00% ($0.6 mil)
Quarterly return on equity: 2.45% ($0.3 mil)
Net income: $0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.48% ($651.6 mil)
Quarterly Pretax return on assets: 0.23% ($312.2 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
35Total employees (full-time equivalent)
$135,740Total assets
$7,735Cash and due from depository institutions
$70Interest-bearing balances
$27,519Securities
$171Federal funds sold & reverse repurchase agreements
$81,020Net loans & leases
$1,329Loan loss allowance
$0Trading account assets
$5,006Bank premises and fixed assets
$3,863Other real estate owned
$6Goodwill and other intangibles
$135,739Life insurance assets
$10,420All other assets
$121,468Total liabilities and capital
$120,128Total liabilities
$109,879Total deposits
$120,128Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,340Subordinated debt
$14,271All other liabilities
$14,271Total equity capital
$14,271Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$13,283Surplus
$788Undivided profits
Memoranda
$0Noncurrent loans and leases
$2,962Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,471Income earned, not collected on loans
$0Earning assets
$614Long-term assets (5+ years)
$108,780Average Assets, year-to-date
$29,078Average Assets, quarterly
$137,467Volatile liabilities
$136,745Insider loans
$89,282FHLB advances
$134,571Loans and leases held for sale
$5,208Unused loan commitments
$5,208Tier 1 (core) risk-based capital
$11,672Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,519Restructured Loans and leases
$3,651Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,802Total interest income
$1,522Total interest expense
$4,280Net interest income
$531Provision for loan and lease losses
$1,199Total noninterest income
$0Fiduciary activities
$165Service charges on deposit accounts
$0Trading account gains & fees
$1,034Additional noninterest income
$4,511Total noninterest expense
$2,436Salaries and employee benefits
$531Premises and equipment expense
$1,544Additional noninterest expense
$437Pre-tax net operating income
$224Securities gains (losses)
$109Applicable income taxes
$552Income before extraordinary items
$0Extraordinary gains - net
$552Net income attributable to bank
$0Net charge-offs
$552Cash dividends
$550Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.30%Yield on earning assets
1.39%Cost of funding earning assets
3.91%Net interest margin
1.10%Noninterest income to earning assets
4.12%Noninterest expense to earning assets
0.26%Net operating income to assets
0.40%Return on assets (ROA)
0.48%Pretax return on assets
4.00%Return on equity (ROE)
4.00%Retained earnings to average equity (YTD only)
0.65%Net charge-offs to loans
96.55%Credit loss provision to net charge-offs
1.76%Efficiency ratio
82,333Assets per employee
3.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.61%Loss allowance to noncurrent loans
53.78%Noncurrent assets plus other real estate owned to assets
4.67%Noncurrent loans to loans
3.00%Net loans and leases to deposits
67.44%Net loans and leases to core deposits
69.49%Equity capital to assets
10.51%Core capital (leverage) ratio
8.67%Tier 1 risk-based capital ratio
13.07%Total risk-based capital ratio
Memoranda
$14Average assets
$137,467Average earning assets
$13,807Average equity
$109,460Average loans

List of branches

3 Wisconsin Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	74347	Sunset Bank & Savings	521 West Sunset Drive, Waukesha, WI 53189	August 16, 1999	Full Service Brick and Mortar
1	432369	Grandview Boulevard Branch	2500 North Grandview Boulevard, Waukesha, WI 53188	September 20, 2004	Full Service Brick and Mortar
2	446102	Highway 164 Branch	1710 Paramount Drive, Waukesha, WI 53186	November 07, 2005	Full Service Brick and Mortar

Cindy

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Jan 10, 2023 @ 4:16 pm

Sunset Bank is now People's Bank. This is their story:
Peoples State Bank to acquire Sunset Bank & Savings of Waukesha
Published: Dec. 16, 2020 at 12:35 PM CST
WAUSAU, Wis. (WSAW) - The parent group of Peoples State Bank will extend its footprint in southern Wisconsin following the acquisition of Sunset Bank & Savings. Following the completion of the merger, Sunset customers will see a conversion to the Peoples brand in June 2021.
Peoples State Bank is headquartered in Wausau. It has nine locations in Marathon, Oneida, Vilas, and Milwaukee counties, as well as a commercial loan production office in Stevens Point.
Sunset Bank & Savings is a community bank headquartered in Waukesha. It was founded in 1999.

Sunset Bank & Savings in Waukesha, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Sunset Bank & Savings - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Sunset Bank & Savings in Waukesha, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

Sunset Bank & Savings - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Sunset Bank & Savings in Waukesha, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches