Sunrise Bank in San Diego, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 29, 2011

  • Sunrise Bank in San Diego, California (CA)
  • Show street view No street view available for this location
Sunrise Bank routing number info

Sunrise Bank - Overview

  • General
  • FDIC Certificate #: 57808
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: AmericanWest Bank (#22441)
    Federal Reserve ID: 3195037
    Date Established: August 02, 2004
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 425770
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 02, 2004
    Last Structure Change Effective Date: July 29, 2011
    Last Structure Change Process Date: August 02, 2011
    Last Data Update: August 02, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1350 Rosecrans Street, San Diego, CA 92106
    County: San Diego
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Orange
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Diego, CA (#7320)
    Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740)
    CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
  • Financial Summary
  • Total assets: $225.3 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, 2010)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $231,836Total assets
  • $45,249Cash and due from depository institutions
  • $38,850Interest-bearing balances
  • $1,993Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $175,826Net loans & leases
  • $7,815Loan loss allowance
  • $0Trading account assets
  • $600Bank premises and fixed assets
  • $3,482Other real estate owned
  • $0Goodwill and other intangibles
  • $10Life insurance assets
  • $4,686All other assets
  • $231,836Total liabilities and capital
  • $212,263Total liabilities
  • $210,536Total deposits
  • $129,308Interest-bearing deposits
  • $210,536Deposits held in domestic offices
  • 92.73%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,500Other borrowed funds
  • $0Subordinated debt
  • $227All other liabilities
  • $19,573Total equity capital
  • $19,573Total bank equity capital
  • $19,573Perpetual preferred stock
  • $0Common stock
  • $33,584Surplus
  • $5,885Undivided profits
  • Memoranda
  • $-19,896Noncurrent loans and leases
  • $29,204Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $8,529Earning assets
  • $0Long-term assets (5+ years)
  • $691Average Assets, year-to-date
  • $216,669Average Assets, quarterly
  • $50,443Volatile liabilities
  • $258,518Insider loans
  • $247,075FHLB advances
  • $44,669Loans and leases held for sale
  • $1,915Unused loan commitments
  • $1,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $29,204Total unused commitments
  • $3,807Restructured Loans and leases
  • $2,288Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $12,681Total interest income
  • $1,355Total interest expense
  • $11,326Net interest income
  • $5,810Provision for loan and lease losses
  • -$846Total noninterest income
  • $0Fiduciary activities
  • $344Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,190Additional noninterest income
  • $14,997Total noninterest expense
  • $4,544Salaries and employee benefits
  • $1,487Premises and equipment expense
  • $8,966Additional noninterest expense
  • -$10,327Pre-tax net operating income
  • $0Securities gains (losses)
  • $31Applicable income taxes
  • -$10,358Income before extraordinary items
  • $0Extraordinary gains - net
  • -$10,358Net income attributable to bank
  • $0Net charge-offs
  • -$10,358Cash dividends
  • $4,726Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.34%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 4.77%Net interest margin
  • -0.36%Noninterest income to earning assets
  • 6.31%Noninterest expense to earning assets
  • -4.01%Net operating income to assets
  • -4.01%Return on assets (ROA)
  • -3.99%Pretax return on assets
  • -41.65%Return on equity (ROE)
  • -41.65%Retained earnings to average equity (YTD only)
  • 2.38%Net charge-offs to loans
  • 122.94%Credit loss provision to net charge-offs
  • -0.96%Efficiency ratio
  • 97,576Assets per employee
  • 4.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.26%Loss allowance to noncurrent loans
  • 91.63%Noncurrent assets plus other real estate owned to assets
  • 5.18%Noncurrent loans to loans
  • 4.64%Net loans and leases to deposits
  • 83.51%Net loans and leases to core deposits
  • 105.05%Equity capital to assets
  • 8.44%Core capital (leverage) ratio
  • 7.04%Tier 1 risk-based capital ratio
  • 9.93%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $258,518Average earning assets
  • $24,866Average equity
  • $237,548Average loans

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

CAPTCHA

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