Sun Bank
Frisco, TX — Domestic Branch of a Domestic Bank
Acquired Apr 2004
Vitals
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Total Assets126.9M 4.0 %
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Total Deposits105.2M 4.1 %
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Total Net Loans61.6M 9.1 %
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Net Income32000.0000 -93.7 %
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Book Value10.0M -0.5 %
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Book Value x220.0M -0.5 %
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Book Value x329.9M -0.5 %
Balance Sheet Highlights
Financial Highlights | Sun Bank | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 126,929 | 122,018 |
Total Net Loans | 61,621 | 66,439 |
Total Deposits | 105,209 | 104,040 |
Total Equity | 9,979 | 12,438 |
Profitability | ||
Net Income | 32 | 778 |
Return on Average Assets | .099 | 1.297 |
Return on Average Equity | 1.312 | 13.004 |
Net Interest Margin | 3.967 | 4.304 |
Efficiency Ratio | 63.682 | 69.055 |
Noninterest Income/Revenue | 9.591 | 17.992 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 58.57 | 60.73 |
Securities/Assets | .392 | .69 |
Total Equity/Total Assets | .079 | .102 |
Tangible Equity/Tangible Assets | .072 | -.008 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 8,536 | 11,519 |
Tier 2 Capital | 893 | 787 |
Total Capital | 9,429 | 12,322 |
Total Risk Weighted Assets | 71,111 | 74,953 |
Leverage Ratio | 6.62 | 9.847 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12 | 17.325 |
Total Capital Ratio | 13.26 | 18.409 |
Timeline for Sun Bank
Happy Insurance Services, Inc.
Happy Insurance Services, Inc. became a new subsidiary organization for Sun Bank.
View Profile Apr 30 2002The First National Bank Of The Panhandle
Acquisition: Sun Bank acquired a new subsidiary, The First National Bank Of The Panhandle, 27 years
View Profile Jun 15 1996Sun Banc Delaware Corp.
Sun Banc Delaware Corp. became a new parent organization for Sun Bank.
View Profile Jan 04 1993First National Bank Of Dumas
Acquisition: Sun Bank acquired a new subsidiary, First National Bank Of Dumas, 36 years
View Profile Apr 14 1988Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Happy State Bank | Buyer | 3,076,497 | Acquisition | Discontinued | 4/17/2004 |
The First National Bank Of The Panhandle | Seller | 68,126 | Failure | 6/15/1996 | |
First National Bank Of Dumas | Seller | 21,423 | Discontinued | 4/14/1988 |
Relationships | Role | Relationship Start | Relationship End |
Sun Banc Delaware Corp. | Parent | 1/4/1993 | 4/16/2004 |
Happy Insurance Services, Inc. | Subsidary | 4/30/2002 | 4/16/2004 |
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