Institution Statistics
| SUNRISE BANK OF ARIZONA | | FDIC Certificate # | 34707 | | BankRate Report | View | | Year Established | 1998 | | Employees | 71 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $215.39 million | | Loans | $173.24 million | | Deposits | $209.72 million | | Equity Capital | $4.70 million | | Loan Loss Allowance | $5.11 million | | Unbacked Noncurrent Loans | $16.66 million | | Real Estate Owned | $5.81 million |
Historic Data - December 2011 | | Assets | $303.61 million | | Equity Capital | $6.40 million | | Loan Loss Allowance | $11.13 million | | Unbacked Noncurrent Loans | $23.97 million | | Real Estate Owned | $21.13 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.43% | | Return on Assets | -1.37% | | Return on Equity | -64.7% | | Interest Income | $11.95 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 December 31, 2012 Sunrise Bank of Arizona had $22.47 million in non-current loans and owned real-estate with $9.81 million in equity and loan loss allowances on hand to cover it. This gives Sunrise Bank of Arizona a Texas Ratio of 229.01% 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 held steady from 254.81% as of December 31, 2011 to 229.01% as of December 31, 2012, resulting in a positive change of 10.12%.This indicates that the balance sheet and financial strength for Sunrise Bank of Arizona has held steady in recent periods. | | Deposit Growth | | | In the past year, Sunrise Bank of Arizona has decreased its total deposits by -$71.17 million, resulting in -25.34% 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 $215.39 million in assets with $9.81 million in equity, resulting in a capitalization level of 4.55%, which is poor. |
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