California – Orange – Tustin
(NM) Commercial bank, state charter and Fed nonmember
active
www.sunwestbank.com
California
Orange
Tustin
(NM) Commercial bank, state charter and Fed nonmember
active
20164
1970
FDIC Certificate Number: 20164
FDIC's unique number: 13857
The FDIC Field Office where an institution is physically located: Orange
Federal Reserve ID Number: 140362
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 11
Number of Foreign Offices: 0
The date of the last data update: 2009-11-17
1970-04-09 Institution established. Original name: Santiago Bank.
1972-12-04 Changed name to Santiago Commercial Bank .
1973-04-26 Changed name to Santiago Bank .
1980-11-24 Changed name to Sunwest Bank .
2009-06-26 Acquired Metropacific Bank in Irvine, California as part of a government assisted transaction.
2009-09-04 Acquired First State Bank in Flagstaff, Arizona as part of a government assisted transaction.
2009-11-13 Acquired Pacific Coast National Bank in San Clemente, California as part of a government assisted transaction.
2011-09-19 Moved bank headquarters from Tustin, California to Irvine, California.
Total assets: $603,550,000
Total deposits: $511,257,000
Deposits held in domestic offices: $511,257,000
Equity capital: $77,609,000
Net income: $4,562,000
Return on Assets: 1.5
Return on Equity: 12.28
Last updated on: 2011-10-20
Bank Holding Company: Western Acquisitions, L.L.c.
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Profile ID: LFUS-BAB-P-15265