Sunstate Bank
Casa Grande, AZ — Domestic Branch of a Domestic Bank
Acquired May 2007
Vitals
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Total Assets197.6M -7.6 %
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Total Deposits159.2M -11.7 %
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Total Net Loans106.3M 10.4 %
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Net Income590000.0000 2.1 %
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Book Value17.4M 18.0 %
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Book Value x234.9M 18.0 %
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Book Value x352.3M 18.0 %
Balance Sheet Highlights
| Financial Highlights | Sunstate Bank | All Insured Commercial Banks in Arizona |
| Balance Sheet $(000) | ||
| Total Assets | 197,580 | 213,040 |
| Total Net Loans | 106,336 | 162,566 |
| Total Deposits | 159,165 | 169,149 |
| Total Equity | 17,444 | 28,345 |
| Profitability | ||
| Net Income | 590 | 1,534 |
| Return on Average Assets | 1.171 | 1.248 |
| Return on Average Equity | 13.789 | 11.284 |
| Net Interest Margin | 5.214 | 5.105 |
| Efficiency Ratio | 74.995 | 86.418 |
| Noninterest Income/Revenue | 8.35 | 10.327 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 66.809 | 97.705 |
| Securities/Assets | .357 | .263 |
| Total Equity/Total Assets | .088 | .133 |
| Tangible Equity/Tangible Assets | .088 | -.014 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 17,296 | 23,344 |
| Tier 2 Capital | 1,111 | 2,097 |
| Total Capital | 18,407 | 25,417 |
| Total Risk Weighted Assets | 124,432 | 180,968 |
| Leverage Ratio | 8.59 | 16.269 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 13.9 | 19.134 |
| Total Capital Ratio | 14.79 | 20.192 |
Timeline for Sunstate Bank
Great Western Bank
Sunstate Bank was acquired by Great Western Bank 17 years
View Profile May 11 2007
Sunstate Bank
Sunstate Bank was established 39 years ago and is currently headquartered in Casa Grande, AZ.
Aug 27 1984
Sunstate Bancshares, Inc.
Sunstate Bancshares, Inc. became a new parent organization for Sunstate Bank.
View Profile Aug 27 1984| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Great Western Bank | Buyer | 11,525,510 | Acquisition | Discontinued | 5/11/2007 |
| Relationships | Role | Relationship Start | Relationship End |
| Sunstate Bancshares, Inc. | Parent | 8/27/1984 | 5/10/2007 |
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