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Sunset Bank & Savings

Waukesha, WI · Cert 35043

FDIC · 2 branches

Q1 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2021, the quarter ended March 31, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Sunset Bank & Savings

Waukesha, WI · Cert 35043

FDIC · 2 branches

Q1 2021

$140.5MAssets
$86.8MLoans
$122.9MDeposits
$16.0MEquity
Loan mix
86%RE $71.7M12%C&I $10.0M2%Consumer $1.5MQ1 2020Q1 2021
Deposit mix
80%Interest-bearing $97.9M20%Noninterest $25.0MQ1 2020Q1 2021

NIM

3.99%Q1 ’193.81%Q1 ’203.34%Q1 ’21-12%+9%

Non-interest income vs. expense

3.06%Q1 ’193.13%Q1 ’204.15%Q1 ’21-7%-13%

Market Position · Milwaukee-Waukesha, WI · 2020 SOD (annual) · 0.2% share · #35 of 48 inst. · $0.1B of $76.4B

Executive Summary

  • Earnings: ROA of -0.08%, down 24 bps year over year; NIM at 2.84%.
  • Asset quality: problem loans at 0.05% of loans (-79 bps YoY), with net charge-offs at 1.62%.
  • Capital: tier 1 leverage ratio of 10.54%, down 45 bps from a year ago.
  • Funding: loans stand at 70.61% of deposits as of Q1 2021.

Financial Results

Return on Assets (YTD, annualized)

-0.08%-24 bps YoY

Net Interest Margin (YTD, annualized)

2.84%+23 bps YoY

Efficiency Ratio (YTD, annualized)

84.34%-839 bps YoY

Tier 1 Leverage Ratio

10.54%-45 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2020Q2 2020Q3 2020Q4 2020Q1 2021YoY ΔTrend
Earnings
Return on Assets0.16%0.32%0.43%0.50%-0.08%-24 bps
Return on Equity1.33%2.70%3.67%4.27%-0.67%-200 bps
Net Interest Margin2.60%2.58%2.57%2.65%2.84%+23 bps
Efficiency Ratio92.73%87.01%83.59%81.99%84.34%-839 bps
Non-Interest Burden2.33%2.09%1.95%1.92%2.04%-29 bps
Growth
Asset Growth (YoY)2.14%7.77%8.17%4.53%8.24%+610 bps
Loan Growth (YoY)-5.78%-0.12%0.99%-4.80%-9.43%-365 bps
Deposit Growth (YoY)3.60%8.21%9.06%5.09%9.06%+546 bps
Asset Quality
Nonperforming Loans / Loans0.84%0.79%0.79%0.67%0.05%-79 bps
Net Charge-Offs / Loans0.01%0.01%0.01%0.01%1.62%+161 bps
Allowance / Loans0.95%0.91%0.95%1.08%1.15%+20 bps
Allowance Coverage of NPLs1.1x1.2x1.2x1.6x25.0x+23.9x
Capital
Tier 1 Leverage Ratio10.99%10.73%10.66%10.57%10.54%-45 bps
Total Risk-Based Capital10.99%10.73%10.66%10.57%10.54%-45 bps
Equity / Assets12.14%11.52%11.38%11.76%11.38%-76 bps
Liquidity & Funding
Loans / Deposits85.03%85.28%82.89%78.10%70.61%-1,442 bps
Liquid Assets / Assets5.24%4.61%5.34%9.31%11.96%+672 bps
CRE / Total Capitaln/an/an/an/an/an/an/a