SunBank, National Association in Phoenix, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches


SunBank, National Association - Overview

  • General
  • FDIC Certificate #: 58611
    Status: Active
    Federal Reserve ID: 3586925
    Bank Holding Company (Regulatory Top Holder): Dickinson Financial Corporation Ii (RSSDID: 2107707, Location: Kansas City, MO)
    Date Established: June 01, 2007
    WWW: http://www.sunbankaz.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 16 (Domestic: 16, Interstate: No)
    FDIC's unique #: 458337
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: June 01, 2007
    Last Structure Change Effective Date: May 14, 2010
    Last Structure Change Process Date: July 12, 2010
    Last Data Update: July 12, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1607 West Bethany Home Road, Phoenix, AZ 85015
    County: Maricopa
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Phoenix-Mesa, AZ (#6200)
    Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060)
    CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $31.4 mil
    Equity capital: $7.3 mil
    Deposits held in domestic offices: $23.9 mil
    Return on assets (ROA): -2.35% (-$0.7 mil)
    Quarterly return on assets: 0.18% ($0.1 mil)
    Return on Equity (ROE): -14.13% (-$1.0 mil)
    Quarterly return on equity: 0.77% ($0.1 mil)
    Net income: -$1.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -3.50% (-$1,100.4 mil)
    Quarterly Pretax return on assets: 0.04% ($12.6 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, 2011)

  • Dollar figures in thousands
  • 82Total employees (full-time equivalent)
  • $31,439Total assets
  • $10,117Cash and due from depository institutions
  • $5,704Interest-bearing balances
  • $10,525Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $5,441Net loans & leases
  • $1,443Loan loss allowance
  • $0Trading account assets
  • $1,833Bank premises and fixed assets
  • $2,780Other real estate owned
  • $0Goodwill and other intangibles
  • $31,439Life insurance assets
  • $743All other assets
  • $24,136Total liabilities and capital
  • $23,879Total liabilities
  • $17,167Total deposits
  • $23,879Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $257Subordinated debt
  • $7,303All other liabilities
  • $7,303Total equity capital
  • $7,303Total bank equity capital
  • $0Perpetual preferred stock
  • $8,000Common stock
  • $15,500Surplus
  • $-16,197Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,321Income earned, not collected on loans
  • $0Earning assets
  • $61Long-term assets (5+ years)
  • $21,670Average Assets, year-to-date
  • $6,526Average Assets, quarterly
  • $45,412Volatile liabilities
  • $31,856Insider loans
  • $12,960FHLB advances
  • $31,224Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,265Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $282Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $412Total interest income
  • $304Total interest expense
  • $108Net interest income
  • $975Provision for loan and lease losses
  • $4,896Total noninterest income
  • $0Fiduciary activities
  • $4,256Service charges on deposit accounts
  • $0Trading account gains & fees
  • $640Additional noninterest income
  • $5,619Total noninterest expense
  • $2,451Salaries and employee benefits
  • $1,196Premises and equipment expense
  • $1,972Additional noninterest expense
  • -$1,590Pre-tax net operating income
  • $0Securities gains (losses)
  • -$525Applicable income taxes
  • -$1,065Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,065Net income attributable to bank
  • $0Net charge-offs
  • -$1,065Cash dividends
  • $1,626Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.18%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 0.31%Net interest margin
  • 14.04%Noninterest income to earning assets
  • 16.11%Noninterest expense to earning assets
  • -2.35%Net operating income to assets
  • -2.35%Return on assets (ROA)
  • -3.50%Pretax return on assets
  • -14.13%Return on equity (ROE)
  • -14.13%Retained earnings to average equity (YTD only)
  • 17.20%Net charge-offs to loans
  • 59.96%Credit loss provision to net charge-offs
  • -0.38%Efficiency ratio
  • 112,290Assets per employee
  • 0.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 20.96%Loss allowance to noncurrent loans
  • 62.17%Noncurrent assets plus other real estate owned to assets
  • 16.23%Noncurrent loans to loans
  • 33.72%Net loans and leases to deposits
  • 22.79%Net loans and leases to core deposits
  • 23.20%Equity capital to assets
  • 23.23%Core capital (leverage) ratio
  • 23.27%Tier 1 risk-based capital ratio
  • 56.06%Total risk-based capital ratio
  • Memoranda
  • $57Average assets
  • $45,412Average earning assets
  • $7,537Average equity
  • $34,872Average loans

List of branches

  • 16 Arizona Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0458337Sunbank, National Association1607 West Bethany Home Road, Phoenix, AZ 85015June 01, 2007Full Service Brick and Mortar
    1467035El Mirage Branch12900 W. Thunderbird, El Mirage, AZ 85335July 18, 2007Full Service Retail
    3469193Nogales Branch100 West White Park Drive, Nogales, AZ 85621October 17, 2007Full Service Retail
    4469326Tucson Branch1650 West Valencia Road, Tucson, AZ 85746September 12, 2007Full Service Retail
    5469327Green Valley Branch18680 South Nogales Highway, Green Valley, AZ 85614September 19, 2007Full Service Retail
    6469328Yuma Branch2501 South Avenue B, Yuma, AZ 85364September 26, 2007Full Service Retail
    7475975Apache Junction Branch2555 West Apache Trail, Apache Junction, AZ 85120Febuary 13, 2008Full Service Retail
    8476026Prescott Branch3050 E. State Route 69, Prescott, AZ 86301April 02, 2008Full Service Retail
    9476027Glendale West Branch5010 North 95th Avenue, Glendale, AZ 85305April 02, 2008Full Service Retail
    10476028San Luis Branch1613 North Main Street, San Luis, AZ 85349March 07, 2008Full Service Retail
    11476599Yuma/Pacific In-Store Branch 642900 South Pacific Avenue, Yuma, AZ 85364May 28, 2008Full Service Retail
    12479011Queen Creek In Store Branch21055 S Rittenhouse Dr, Queen Creek, AZ 85142May 07, 2008Full Service Retail
    13479012Cottonwood In Store Branch2003 E Rodeo Dr, Cottonwood, AZ 86326April 30, 2008Full Service Retail
    14479013Yuma/Foothills In Store Branch8151 E 32nd St, Yuma, AZ 85365June 04, 2008Full Service Retail
    15479014Lake Havasu In Store Branch5695 Hwy 95 N, Lake Havasu City, AZ 86404June 11, 2008Full Service Retail
    16510572Glendale Manistee Branch5605 West Northern Avenue, Glendale, AZ 85301July 12, 2008Full Service Brick and Mortar

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