Sun Bank in Frisco, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 19, 2004

  • Sun Bank in Frisco, Texas (TX)
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Sun Bank - Overview

  • General
  • FDIC Certificate #: 17026
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: Bank of the Ozarks (#110)
    Federal Reserve ID: 178561
    Date Established: July 02, 1951
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 11091
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 02, 1951
    Last Structure Change Effective Date: April 19, 2004
    Last Structure Change Process Date: July 26, 2004
    Last Data Update: July 26, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 416 Main, Frisco, TX 75034
    County: Collin
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Merger - Without Assistance
    Change in Geographic Region/Area/Territory/Field Office
    Change in Location
  • Financial Summary
  • Total assets: $126.9 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, 2003)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $122,608Total assets
  • $4,405Cash and due from depository institutions
  • $131Interest-bearing balances
  • $46,514Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $64,897Net loans & leases
  • $823Loan loss allowance
  • $0Trading account assets
  • $1,819Bank premises and fixed assets
  • $0Other real estate owned
  • $821Goodwill and other intangibles
  • $0Life insurance assets
  • $4,152All other assets
  • $122,608Total liabilities and capital
  • $113,079Total liabilities
  • $100,087Total deposits
  • $84,576Interest-bearing deposits
  • $100,087Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,025Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,737Other borrowed funds
  • $0Subordinated debt
  • $1,230All other liabilities
  • $9,529Total equity capital
  • $9,529Total bank equity capital
  • $9,529Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $7,800Undivided profits
  • Memoranda
  • $1,529Noncurrent loans and leases
  • $15,092Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $716Earning assets
  • $524Long-term assets (5+ years)
  • $1,040Average Assets, year-to-date
  • $111,542Average Assets, quarterly
  • $57,896Volatile liabilities
  • $120,786Insider loans
  • $122,673FHLB advances
  • $29,085Loans and leases held for sale
  • $408Unused loan commitments
  • $10,737Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $15,092Total unused commitments
  • $0Restructured Loans and leases
  • $823Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $6,266Total interest income
  • $1,901Total interest expense
  • $4,365Net interest income
  • $120Provision for loan and lease losses
  • $816Total noninterest income
  • $0Fiduciary activities
  • $523Service charges on deposit accounts
  • $0Trading account gains & fees
  • $293Additional noninterest income
  • $4,453Total noninterest expense
  • $2,730Salaries and employee benefits
  • $491Premises and equipment expense
  • $1,232Additional noninterest expense
  • $608Pre-tax net operating income
  • $389Securities gains (losses)
  • $0Applicable income taxes
  • $997Income before extraordinary items
  • $0Extraordinary gains - net
  • $997Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $140Sale, conversion, retirement of capital stock, net
  • $1,486Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.72%Yield on earning assets
  • 1.73%Cost of funding earning assets
  • 3.98%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 4.06%Noninterest expense to earning assets
  • 0.50%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 10.08%Return on equity (ROE)
  • -4.95%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 85.71%Credit loss provision to net charge-offs
  • 5.20%Efficiency ratio
  • 85,408Assets per employee
  • 2.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 149.05%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 114.94%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 1.09%Net loans and leases to deposits
  • 64.84%Net loans and leases to core deposits
  • 90.10%Equity capital to assets
  • 7.77%Core capital (leverage) ratio
  • 7.09%Tier 1 risk-based capital ratio
  • 11.60%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $120,786Average earning assets
  • $9,888Average equity
  • $109,593Average loans

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