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Sunrise Bank of Arizona

Phoenix, AZ · Cert 35037

FDIC

Q3 2009

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2009, the quarter ended September 30, 2009, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Sunrise Bank of Arizona

Phoenix, AZ · Cert 35037

FDIC

Q3 2009

$112.3MAssets
$88.6MLoans
$94.2MDeposits
$6.9MEquity
Loan mix
90%RE $58.5M10%C&I $6.6M0%Consumer $0.0MQ3 2008Q3 2009
Deposit mix
83%Interest-bearing $78.4M17%Noninterest $15.8MQ3 2008Q3 2009

NIM

8.05%Q3 ’076.53%Q3 ’085.08%Q3 ’09-24%-23%

Non-interest income vs. expense

4.37%Q3 ’074.07%Q3 ’083.99%Q3 ’09-1%-16%

Executive Summary

  • Earnings: ROA of -5.81%, down 546 bps year over year; NIM at 2.76%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 5.96%.
  • Funding: loans stand at 94.09% of deposits as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-5.81%-546 bps YoY

Net Interest Margin (YTD, annualized)

2.76%-81 bps YoY

Efficiency Ratio (YTD, annualized)

114.60%+667 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets-0.36%-0.36%-2.65%-4.16%-5.81%-546 bps
Return on Equity-3.76%-3.88%-33.39%-55.75%-81.19%-7,743 bps
Net Interest Margin3.58%3.54%2.81%2.49%2.76%-81 bps
Efficiency Ratio107.94%107.64%117.44%129.38%114.60%+667 bps
Non-Interest Burden3.88%3.82%3.33%3.26%3.27%-61 bps
Growth
Asset Growth (YoY)5.49%2.71%10.98%10.08%-6.92%-1,241 bps
Loan Growth (YoY)5.30%-1.85%-2.79%-18.19%-20.29%-2,558 bps
Deposit Growth (YoY)17.42%-0.87%12.70%15.25%-3.57%-2,099 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.35%0.29%3.16%5.97%5.96%+562 bps
Allowance / Loans0.97%1.05%1.37%2.37%1.89%+92 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital10.78%10.41%10.12%9.06%8.87%-191 bps
Equity / Assets9.22%8.75%7.18%6.61%6.13%-310 bps
Liquidity & Funding
Loans / Deposits113.82%118.96%104.23%80.27%94.09%-1,973 bps
Liquid Assets / Assets0.02%0.31%13.02%26.37%16.48%+1,646 bps
CRE / Total Capitaln/an/an/an/an/an/an/a