SunFirst Bank in Saint George, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 04, 2011

  • SunFirst Bank in Saint George, Utah (UT)
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SunFirst Bank routing number info

SunFirst Bank - Overview

  • General
  • FDIC Certificate #: 57087
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Cache Valley Bank (#22134)
    Federal Reserve ID: 3008306
    Date Established: March 07, 2001
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 357080
    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: March 07, 2001
    Last Structure Change Effective Date: November 04, 2011
    Last Structure Change Process Date: November 07, 2011
    Last Data Update: November 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 E Saint George Blvd., Saint 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: $198.1 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
  • 47Total employees (full-time equivalent)
  • $224,704Total assets
  • $24,969Cash and due from depository institutions
  • $19,990Interest-bearing balances
  • $23,412Securities
  • $3,070Federal funds sold & reverse repurchase agreements
  • $134,197Net loans & leases
  • $4,173Loan loss allowance
  • $0Trading account assets
  • $8,457Bank premises and fixed assets
  • $20,860Other real estate owned
  • $0Goodwill and other intangibles
  • $3,356Life insurance assets
  • $9,739All other assets
  • $224,704Total liabilities and capital
  • $205,439Total liabilities
  • $186,786Total deposits
  • $157,288Interest-bearing deposits
  • $186,786Deposits held in domestic offices
  • 91.79%% insured (estimated)
  • $11,237Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,000Other borrowed funds
  • $0Subordinated debt
  • $416All other liabilities
  • $19,265Total equity capital
  • $19,265Total bank equity capital
  • $19,265Perpetual preferred stock
  • $0Common stock
  • $2,531Surplus
  • $21,124Undivided profits
  • Memoranda
  • $-4,390Noncurrent loans and leases
  • $9,433Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $17,172Earning assets
  • $105Long-term assets (5+ years)
  • $775Average Assets, year-to-date
  • $180,669Average Assets, quarterly
  • $16,668Volatile liabilities
  • $230,892Insider loans
  • $224,843FHLB advances
  • $123,790Loans and leases held for sale
  • $9,876Unused loan commitments
  • $7,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,433Total unused commitments
  • $7,189Restructured Loans and leases
  • $2,132Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $9,453Total interest income
  • $3,719Total interest expense
  • $5,734Net interest income
  • $8,025Provision for loan and lease losses
  • -$674Total noninterest income
  • $0Fiduciary activities
  • $1,908Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$2,582Additional noninterest income
  • $7,305Total noninterest expense
  • $2,845Salaries and employee benefits
  • $806Premises and equipment expense
  • $3,654Additional noninterest expense
  • -$10,270Pre-tax net operating income
  • $629Securities gains (losses)
  • -$3,655Applicable income taxes
  • -$5,986Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,986Net income attributable to bank
  • $0Net charge-offs
  • -$5,986Cash dividends
  • $8,640Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.91%Yield on earning assets
  • 1.93%Cost of funding earning assets
  • 2.98%Net interest margin
  • -0.35%Noninterest income to earning assets
  • 3.79%Noninterest expense to earning assets
  • -2.77%Net operating income to assets
  • -2.59%Return on assets (ROA)
  • -4.18%Pretax return on assets
  • -26.53%Return on equity (ROE)
  • -26.53%Retained earnings to average equity (YTD only)
  • 5.56%Net charge-offs to loans
  • 92.88%Credit loss provision to net charge-offs
  • -0.26%Efficiency ratio
  • 144,368Assets per employee
  • 4.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.02%Loss allowance to noncurrent loans
  • 24.30%Noncurrent assets plus other real estate owned to assets
  • 16.93%Noncurrent loans to loans
  • 12.41%Net loans and leases to deposits
  • 71.85%Net loans and leases to core deposits
  • 165.20%Equity capital to assets
  • 8.57%Core capital (leverage) ratio
  • 6.82%Tier 1 risk-based capital ratio
  • 9.11%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $230,892Average earning assets
  • $22,563Average equity
  • $192,600Average loans

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