SUNWEST Bank of El Paso, National Association in El Paso, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 09, 1998

  • SUNWEST Bank of El Paso, National Association in El Paso, Texas (TX)
  • Show street view No street view available for this location

SUNWEST Bank of El Paso, National Association - Overview

  • General
  • FDIC Certificate #: 19197
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#15802)
    Federal Reserve ID: 941158
    Date Established: July 31, 1964
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Interstate: No)
    FDIC's unique #: 13016
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: July 31, 1964
    Last Structure Change Effective Date: July 09, 1998
    Last Structure Change Process Date: July 22, 1998
    Last Data Update: July 22, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 416 North Stanton Street, El Paso, TX 79987
    County: El Paso
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albuquerque
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): El Paso, TX (#2320)
    Core Based Statistical Area (CBSA): El Paso, TX (#21340)
    CBSA Metro Statistical Area: El Paso, TX (#21340)
  • Financial Summary
  • Total assets: $635.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 149Total employees (full-time equivalent)
  • $626,443Total assets
  • $21,582Cash and due from depository institutions
  • $0Interest-bearing balances
  • $16,887Securities
  • $314,417Federal funds sold & reverse repurchase agreements
  • $163,921Net loans & leases
  • $4,743Loan loss allowance
  • $0Trading account assets
  • $12,570Bank premises and fixed assets
  • $0Other real estate owned
  • $88,366Goodwill and other intangibles
  • $0Life insurance assets
  • $8,700All other assets
  • $626,443Total liabilities and capital
  • $472,362Total liabilities
  • $416,403Total deposits
  • $318,058Interest-bearing deposits
  • $416,403Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $47,285Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $8,674All other liabilities
  • $154,081Total equity capital
  • $154,081Total bank equity capital
  • $154,081Perpetual preferred stock
  • $0Common stock
  • $3,251Surplus
  • $147,088Undivided profits
  • Memoranda
  • $3,742Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,425Earning assets
  • $0Long-term assets (5+ years)
  • $961Average Assets, year-to-date
  • $495,225Average Assets, quarterly
  • $15,388Volatile liabilities
  • $602,467Insider loans
  • $611,313FHLB advances
  • $84,904Loans and leases held for sale
  • $75Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $24,485Total unused commitments
  • $0Restructured Loans and leases
  • $255,916Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $35,004Total interest income
  • $12,690Total interest expense
  • $22,314Net interest income
  • -$240Provision for loan and lease losses
  • $5,467Total noninterest income
  • $0Fiduciary activities
  • $4,715Service charges on deposit accounts
  • $0Trading account gains & fees
  • $752Additional noninterest income
  • $15,090Total noninterest expense
  • $5,575Salaries and employee benefits
  • $2,237Premises and equipment expense
  • $7,278Additional noninterest expense
  • $12,931Pre-tax net operating income
  • $344Securities gains (losses)
  • $6,190Applicable income taxes
  • $7,085Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,085Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $442Sale, conversion, retirement of capital stock, net
  • $3,200Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.35%Yield on earning assets
  • 2.66%Cost of funding earning assets
  • 4.68%Net interest margin
  • 1.15%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 1.14%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 2.20%Pretax return on assets
  • 5.27%Return on equity (ROE)
  • 2.89%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • -54.30%Credit loss provision to net charge-offs
  • 28.71%Efficiency ratio
  • 39,801Assets per employee
  • 4.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.17%Loss allowance to loans
  • 2.81%Loss allowance to noncurrent loans
  • 138.48%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 2.03%Net loans and leases to deposits
  • 39.37%Net loans and leases to core deposits
  • 43.28%Equity capital to assets
  • 24.60%Core capital (leverage) ratio
  • 12.33%Tier 1 risk-based capital ratio
  • 25.61%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $602,467Average earning assets
  • $134,330Average equity
  • $476,482Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with SUNWEST Bank of El Paso, National Association.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents