Sun Savings Association in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 05, 1993

  • Sun Savings Association in Houston, Texas (TX)
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Sun Savings Association - Overview

  • General
  • FDIC Certificate #: 32488
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Heights Bank, a FSB (#32611)
    Federal Reserve ID: 320678
    Date Established: August 11, 1986
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8323
    FDIC's unique #: 45322
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 11, 1986
    Last Structure Change Effective Date: June 05, 1993
    Last Structure Change Process Date: August 04, 1993
    Last Data Update: August 04, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 7390 Fannin, Houston, TX 77030
    County: Harris
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Houston, TX (#3360)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • Financial Summary
  • Total assets: $36.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $16Total assets
  • $31,921Cash and due from depository institutions
  • $412Interest-bearing balances
  • $174Securities
  • $5,839Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $23,258Loan loss allowance
  • $165Trading account assets
  • $0Bank premises and fixed assets
  • $1,580Other real estate owned
  • $0Goodwill and other intangibles
  • $832Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $31,921Total liabilities
  • $30,268Total deposits
  • $30,045Interest-bearing deposits
  • $27,296Deposits held in domestic offices
  • 30045.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $223Total equity capital
  • $223Total bank equity capital
  • $1,653Perpetual preferred stock
  • $0Common stock
  • $2,337Surplus
  • $830Undivided profits
  • Memoranda
  • $-1,514Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $122Earning assets
  • $29,271Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $37,082Average Assets, quarterly
  • $32,764Volatile liabilities
  • $2,153Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $40Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,653Total risk weighted assets
  • $18,741Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,700Total interest expense
  • $1,533Net interest income
  • $1,167Provision for loan and lease losses
  • $70Total noninterest income
  • $215Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$14Additional noninterest income
  • $229Total noninterest expense
  • $1,402Salaries and employee benefits
  • $546Premises and equipment expense
  • $234Additional noninterest expense
  • $622Pre-tax net operating income
  • -$90Securities gains (losses)
  • $336Applicable income taxes
  • $0Income before extraordinary items
  • $246Extraordinary gains - net
  • $0Net income attributable to bank
  • $246Net charge-offs
  • $91Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.97%Cost of funding earning assets
  • 4.52%Net interest margin
  • 3.44%Noninterest income to earning assets
  • 0.63%Noninterest expense to earning assets
  • 4.14%Net operating income to assets
  • -0.24%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 0.66%Return on equity (ROE)
  • 17.23%Retained earnings to average equity (YTD only)
  • 17.23%Net charge-offs to loans
  • 0.40%Credit loss provision to net charge-offs
  • 76.92%Efficiency ratio
  • 101,447Assets per employee
  • 2.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 77.41%Net loans and leases to core deposits
  • 83.39%Equity capital to assets
  • 5.18%Core capital (leverage) ratio
  • 5.18%Tier 1 risk-based capital ratio
  • 8.82%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $37,082Average earning assets
  • $1,428Average equity
  • $33,881Average loans

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