Vitals
  • Total Assets
    2.3B 2.4 %
  • Total Deposits
    1.8B -0.3 %
  • Total Net Loans
    1.6B 4.2 %
  • Net Income
    62.9M 440.5 %
  • Book Value
    379.8M 20.4 %
  • Book Value x2
    759.7M 20.4 %
  • Book Value x3
    1.1B 20.4 %
ROAA

2.882

ROAE

18.921

Efficiency Ratio

87.326

Net Interest Margin

3.07

Balance Sheet Highlights
Financial Highlights Sun National Bank All Insured Commercial Banks in New Jersey
Balance Sheet $(000)
Total Assets 2,258,954 941,236
Total Net Loans 1,594,377 666,560
Total Deposits 1,768,412 782,459
Total Equity 379,827 105,130
Profitability
Net Income 62,911 8,451
Return on Average Assets 2.882 .672
Return on Average Equity 18.921 6.44
Net Interest Margin 3.07 3.432
Efficiency Ratio 87.326 74.417
Noninterest Income/Revenue 15.603 18.002
Balance Sheet Ratios
Loan-to-Deposit 90.159 86.355
Securities/Assets .131 .113
Total Equity/Total Assets .168 .112
Tangible Equity/Tangible Assets .151 .102
Capital Adequacy
Tier 1 Common Capital 308,042 95,604
Tier 1 Capital 308,042 95,771
Tier 2 Capital 16,152 8,179
Total Capital 324,194 103,980
Total Risk Weighted Assets 1,633,300 734,206
Leverage Ratio 14.5 9.818
Common Equity Tier 1 Capital Ratio 18.86 13.154
Tier 1 Capital Ratio 18.86 13.207
Total Capital Ratio 19.85 14.399

Timeline for Sun National Bank

4040 Properties, Llc

4040 Properties, Llc became a new subsidiary organization for Sun National Bank.

View Profile May 18 2010

Del-Vine, Inc

Del-Vine, Inc became a new subsidiary organization for Sun National Bank.

View Profile Mar 12 2007

Sun Home Loans, Inc

Sun Home Loans, Inc became a new subsidiary organization for Sun National Bank.

View Profile Feb 15 2006

Advantage Bank

Acquisition: Sun National Bank acquired a new subsidiary, Advantage Bank, 18 years

View Profile Jan 20 2006

The Community Bank Of New Jersey

Acquisition: Sun National Bank acquired a new subsidiary, The Community Bank Of New Jersey, 19 years

View Profile Jul 09 2004

Want to see more?

Complete timeline for Sun National Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Advantage Bank Seller 168,082 Acquisition Discontinued 1/20/2006
The Community Bank Of New Jersey Seller 376,928 Acquisition Discontinued 7/9/2004
Sun National Bank, Delaware Seller 170,604 Pooling of Interests Discontinued 11/17/2001
2Nd & Clinton Sts Branch Seller Acquisition Discontinued 11/17/2001
Southern Ocean State Bank Seller 69,083 Discontinued 7/30/1994
The First National Bank Of Tuckahoe Seller 48,434 Discontinued 6/30/1994
Riverside Federal Savings Bank Seller 124,381 Failure 10/5/1991
Capitol State Bank Seller 22,681 Discontinued 1/27/1989
Relationships Role Relationship Start Relationship End
Sun Bancorp, Inc Parent 10/1/1987
Prosperis Financial Solutions, Llc Subsidary 6/25/1998
2020 Properties, Llc Subsidary 4/17/2002
4040 Properties, Llc Subsidary 5/18/2010
Sun Home Loans, Inc Subsidary 2/15/2006 8/7/2011
Med-Vine Inc Subsidary 12/11/1992 12/31/2010
Del-Vine, Inc Subsidary 6/30/2007 12/31/2009
Cbnj Investment Company Subsidary 7/9/2004 11/18/2008
Del-Vine, Inc Subsidary 3/12/2007 6/29/2007
Sun Mortgage Company Subsidary 7/29/1998 6/23/2000
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