SunFirst Bank
Saint George, UT · Owner: Sunfirst Corp
$198M
total assets, September 30, 2011
$198M
total assets, September 30, 2011
SunFirst Bank was a state nonmember bank in Saint George, UT, owned by Sunfirst Corp. It failed on Nov 4, 2011, and Cache Valley Bank took over its deposits. At its last report it held $198.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2011
This bank failed
- Failed on
- Nov 4, 2011
- Assets
- $198M
- Deposits
- $169M
- Estimated cost
- $43.6M
- Deposits went to
- Cache Valley Bank, Logan, UT
Total assets
$198M
-12.0% in a year · -5.3% in a quarter
Deposits
$169M
-8.1% in a year · -5.8% in a quarter
Loans
$121M
-18.9% in a year · -3.5% in a quarter
Profit so far
-$7.5M
Jan 1 to Sep 30, 2011
Capital ratio
2.02%
-6.99 pts in a year
Return on assets
-4.70%
-1.75 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 120 E Saint George Blvd., Saint George, UT, 84770
- County
- Washington
- Holding company
- Sunfirst Corp
- Established
- Mar 7, 2001
- Failed
- Nov 4, 2011
- Employees
- 40
- Branches
- 3
- Id
- b57087
Quarter by quarter
March 31, 2001 to September 30, 2011
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is SunFirst Bank?
$198.1 million in total assets and $169.1 million in deposits as of September 30, 2011, with assets down 12.0% from a year before. Its loans were $120.7 million.
How many branches does SunFirst Bank have?
3 branches in Utah as of June 30, 2026.
Is SunFirst Bank profitable?
No: it lost $7.51 million from January 1 to September 30, 2011. Its return on assets was -4.70% a year; about 1% is typical.
Who owns SunFirst Bank?
SunFirst Bank is owned by Sunfirst Corp, its holding company.
When did SunFirst Bank fail?
Nov 4, 2011. Cache Valley Bank of Logan, UT took over its deposits. The estimated cost of the failure was $43.6 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.