Institution Statistics
| SUNRISE BANK OF ARIZONA | | FDIC Certificate # | 34707 | | BankRate Report | View | | Year Established | 1998 | | Employees | 76 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $284.53 million | | Loans | $210.74 million | | Deposits | $271.08 million | | Equity Capital | $5.91 million | | Loan Loss Allowance | $7.96 million | | Unbacked Noncurrent Loans | $23.21 million | | Real Estate Owned | $16.86 million |
Historic Data - March 2011 | | Assets | $391.39 million | | Equity Capital | $8.70 million | | Loan Loss Allowance | $16.74 million | | Unbacked Noncurrent Loans | $29.44 million | | Real Estate Owned | $29.89 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.26% | | Return on Assets | -1.34% | | Return on Equity | -64.18% | | Interest Income | $3.28 million |
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Institution Health
Overall Score:
1 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Sunrise Bank of Arizona had $40.06 million in non-current loans and owned real-estate with $13.87 million in equity and loan loss allowances on hand to cover it. This gives Sunrise Bank of Arizona a Texas Ratio of 288.76% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Sunrise Bank of Arizona increased slightly from 233.19% as of March 31, 2011 to 288.76% as of March 31, 2012, resulting in a negative change of 23.83%. This indicates that the balance sheet and financial strength for Sunrise Bank of Arizona has declined slightly in recent periods. | | Deposit Growth | | | In the past year, Sunrise Bank of Arizona has decreased its total deposits by -$86.93 million, resulting in -24.28% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Sunrise Bank of Arizona has shown is poor. | | Capitalization | | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Sunrise Bank of Arizona has $284.53 million in assets with $13.87 million in equity, resulting in a capitalization level of 4.88%, which is poor. |
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