Sunrise Banks, National Association
Sioux Falls, South Dakota, Lincoln County
$2.8B in total assets, the 475th largest of 4,309 US banks and 9th of 58 headquartered in South Dakota.
- FDIC certificate
- 18561
- Established
- 1962
- Owned by
- University Finl Gbc Dba Sunrise Banks
- Primary regulator
- OCC
- Website
- www.sunrisebanks.com
At a glance
Compared with 16 banks headquartered in South Dakota with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.8B | 62% | $2.1B | |
| Loans | $1.8B | 62% | $1.6B | |
| Deposits | $2.5B | 62% | $1.7B | |
| Return on assets | 0.37% | 2% | 1.44% | |
| Net interest margin | 4.45% | 69% | 3.94% | |
| Efficiency ratio | 90.1% | 98% | 58.5% | |
| Equity to assets | 9.18% | 19% | 10.60% | |
| Loans to deposits | 72% | 7% | 90% |
Growth
Total assets grew 10.7% a year over the last 5 years and 13.6% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Apr 2013 | Park Midway Bank, National Association Saint Paul, MN, an affiliate under the same holding company | $310M |
| Apr 2013 | Franklin National Bank of Minneapolis Minneapolis, MN, an affiliate under the same holding company | $207M |
Where they operate
5 branches in 3 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Lincoln County, SD | $1.7B | 0.3% | 3 of 26 |
| Ramsey County, MN | $653M | 0.9% | 8 of 33 |
| Hennepin County, MN | $160M | 0.1% | 34 of 68 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 2 branches since 2016 (7 to 5, −28.6%). 0 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 7 | |||
| 2021 | Closed Saint Paul and St. Paul | 0 | 2 | −2 | 5 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 41% | 23% | |
| Consumer | 16% | 12% | |
| 1-4 family residential | 15% | 12% | |
| Multifamily | 14% | 7% | |
| Business (C&I) | 7% | 19% | |
| Construction and land | 5% | 7% | |
| Farmland | 0% | 8% | |
| Agricultural | 0% | 9% | |
| Other | 2% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Noninterest-bearing | 65% | 29% | |
| Other interest-bearing | 20% | 45% | |
| Time deposits | 15% | 26% |
Brokered deposits are 0.0% of deposits (peers 8.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.32% | 0.70% |
| Net charge-offs, annualized | 1.09% | 0.19% |
| Reserves to loans | 1.79% | 1.19% |
| Leverage ratio | 10.18% | 10.39% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in South Dakota
Largest competitors in Lincoln County, SD
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/sunrise-banks-sioux-falls-sd