Sun Capital Bank in St. George, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 18, 1997

Sun Capital Bank in St. George, Utah (UT)
Show street view No street view available for this location

Sun Capital Bank - Overview

General
FDIC Certificate #: 21854
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: United States National Bank of Oregon (#2916)
Federal Reserve ID: 404877
Date Established: December 10, 1974
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 12958
FDIC's unique #: 15143
Numeric code: 21
Regulator: FDIC
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: December 10, 1974
Last Structure Change Effective Date: July 18, 1997
Last Structure Change Process Date: July 22, 1997
Last Data Update: July 22, 1997
Data Source Date: April 05, 2012
Location
Address: 60 South 100 East, St. George, UT 84770
County: Washington
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Salt Lake City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): St. George, UT (#41100)
CBSA Metro Statistical Area: St. George, UT (#41100)
Financial Summary
Total assets: $81.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$45Total assets
$72,966Cash and due from depository institutions
$4,580Interest-bearing balances
$0Securities
$7,244Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$58,036Loan loss allowance
$571Trading account assets
$0Bank premises and fixed assets
$1,943Other real estate owned
$59Goodwill and other intangibles
$1,104Life insurance assets
$0All other assets
$0Total liabilities and capital
$72,966Total liabilities
$65,648Total deposits
$64,351Interest-bearing deposits
$47,393Deposits held in domestic offices
64351.00%% insured (estimated)
$83Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$297Total equity capital
$297Total bank equity capital
$7,318Perpetual preferred stock
$0Common stock
$422Surplus
$1,592Undivided profits
Memoranda
$5,304Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$91Income earned, not collected on loans
$462Earning assets
$65,280Long-term assets (5+ years)
$2,180Average Assets, year-to-date
$68,230Average Assets, quarterly
$73,859Volatile liabilities
$11,872Insider loans
$336FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$15,146Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,354Total risk weighted assets
$66,309Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$6,590Total interest expense
$2,220Net interest income
$4,370Provision for loan and lease losses
$105Total noninterest income
$1,581Fiduciary activities
$0Service charges on deposit accounts
$323Trading account gains & fees
$0Additional noninterest income
$1,258Total noninterest expense
$3,113Salaries and employee benefits
$1,662Premises and equipment expense
$469Additional noninterest expense
$982Pre-tax net operating income
$2,733Securities gains (losses)
$0Applicable income taxes
$1,011Income before extraordinary items
$1,722Extraordinary gains - net
$0Net income attributable to bank
$1,722Net charge-offs
$71Cash dividends
$253Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
10.67%Cost of funding earning assets
3.60%Net interest margin
7.08%Noninterest income to earning assets
2.56%Noninterest expense to earning assets
5.04%Net operating income to assets
2.52%Return on assets (ROA)
2.52%Pretax return on assets
4.01%Return on equity (ROE)
26.13%Retained earnings to average equity (YTD only)
22.29%Net charge-offs to loans
0.13%Credit loss provision to net charge-offs
147.89%Efficiency ratio
52,260Assets per employee
1.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.69%Loss allowance to loans
0.97%Loss allowance to noncurrent loans
627.47%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.16%Net loans and leases to deposits
90.19%Net loans and leases to core deposits
108.52%Equity capital to assets
10.03%Core capital (leverage) ratio
10.05%Tier 1 risk-based capital ratio
11.09%Total risk-based capital ratio
Memoranda
$12Average assets
$68,230Average earning assets
$6,591Average equity
$61,742Average 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 Sun Capital 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.