Sunrise Bank Dakota in Onida, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Sunrise Bank Dakota in Onida, South Dakota (SD)
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Sunrise Bank Dakota - Overview

  • General
  • FDIC Certificate #: 15847
    Status: Active
    Federal Reserve ID: 354253
    Bank Holding Company (Regulatory Top Holder): Adino Company, The (RSSDID: 1134724, Location: Onida, SD)
    Date Established: January 01, 1925
    WWW: http://www.mysunrisebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 10087
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: September 08, 1941
    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: 201 South Main Street, Onida, SD 57564
    County: Sully
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux Falls
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $43.4 mil
    Equity capital: $5.2 mil
    Deposits held in domestic offices: $37.9 mil
    Return on assets (ROA): 1.74% ($0.7 mil)
    Quarterly return on assets: 2.16% ($0.9 mil)
    Return on Equity (ROE): 15.22% ($0.8 mil)
    Quarterly return on equity: 18.04% ($0.9 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.82% ($789.4 mil)
    Quarterly Pretax return on assets: 2.25% ($975.9 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
  • 9Total employees (full-time equivalent)
  • $43,374Total assets
  • $1,206Cash and due from depository institutions
  • $44Interest-bearing balances
  • $12,643Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,316Net loans & leases
  • $453Loan loss allowance
  • $0Trading account assets
  • $374Bank premises and fixed assets
  • $12Other real estate owned
  • $0Goodwill and other intangibles
  • $43,374Life insurance assets
  • $1,823All other assets
  • $38,138Total liabilities and capital
  • $37,915Total liabilities
  • $30,195Total deposits
  • $37,915Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $223Subordinated debt
  • $5,236All other liabilities
  • $5,236Total equity capital
  • $5,236Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $2,000Surplus
  • $3,036Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $18Income earned, not collected on loans
  • $0Earning assets
  • $714Long-term assets (5+ years)
  • $40,003Average Assets, year-to-date
  • $4,161Average Assets, quarterly
  • $42,737Volatile liabilities
  • $43,183Insider loans
  • $28,322FHLB advances
  • $43,599Loans and leases held for sale
  • $781Unused loan commitments
  • $658Tier 1 (core) risk-based capital
  • $4,815Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $123Total unused commitments
  • $7,096Restructured Loans and leases
  • $683Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,119Total interest income
  • $401Total interest expense
  • $1,718Net interest income
  • $24Provision for loan and lease losses
  • $136Total noninterest income
  • $0Fiduciary activities
  • $72Service charges on deposit accounts
  • $0Trading account gains & fees
  • $64Additional noninterest income
  • $1,053Total noninterest expense
  • $593Salaries and employee benefits
  • $180Premises and equipment expense
  • $280Additional noninterest expense
  • $777Pre-tax net operating income
  • $0Securities gains (losses)
  • $32Applicable income taxes
  • $745Income before extraordinary items
  • $0Extraordinary gains - net
  • $745Net income attributable to bank
  • $0Net charge-offs
  • $745Cash dividends
  • $7Sale, conversion, retirement of capital stock, net
  • $235Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.66%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 4.59%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 2.81%Noninterest expense to earning assets
  • 1.74%Net operating income to assets
  • 1.74%Return on assets (ROA)
  • 1.82%Pretax return on assets
  • 15.22%Return on equity (ROE)
  • 10.42%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 342.86%Credit loss provision to net charge-offs
  • 114.43%Efficiency ratio
  • 56,796Assets per employee
  • 4.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.54%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 2516.67%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 72.05%Net loans and leases to core deposits
  • 75.41%Equity capital to assets
  • 12.07%Core capital (leverage) ratio
  • 11.04%Tier 1 risk-based capital ratio
  • 17.00%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $42,737Average earning assets
  • $4,896Average equity
  • $37,462Average loans

List of branches

  • 1 South Dakota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010087Sunrise Bank Dakota201 South Main Street, Onida, SD 57564January 01, 1925Full Service Brick and Mortar

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