Sunwest Bank
Sunwest Bank reported total assets of $4.4 bn at Q2 2026, up 18.6% on a year earlier, the 313th largest of 497 banks in our US coverage. The CET1 capital ratio at Sunwest Bank was 10.40%, and the uninsured share of Sunwest Bank was 53.14%. Source: FDIC Call Reports.
Key takeaways
- On efficiency ratio, Sunwest Bank slipped from 218th to 355th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Sunwest Bank reports one of the lowest common equity tier 1 (CET1) ratio readings among banks of $1 bn to $10 bn: 10.40% at , where the median of the 287 banks is 13.22% (FDIC Call Reports).
- Since , Sunwest Bank has taken over one institution, 1 of them a failed bank bought from the FDIC; the latest was Nano Banc on (FDIC Call Reports).
What sets Sunwest Bank apart
- The net charge-offs to average loans of Sunwest Bank, 0.00% at , places Sunwest Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 0.06%).
- Over the year to , the net interest margin of Sunwest Bank fell by 0.48 pp to 4.29%, a bigger fall than at 98% of covered banks.
How large is Sunwest Bank?
The balance sheet of Sunwest Bank at : assets $4.4 bn, deposits $3.4 bn, net loans $3.5 bn (loans equal to 101.85% of deposits). Securities make up 14.3% of total assets at Sunwest Bank. Since , when Sunwest Bank held $951.6 mn, its assets grew 363.3%. In the year to , deposits at Sunwest Bank rose 7.7% while its total assets rose 18.6%. At , Sunwest Bank employed 341 full-time equivalent staff across 9 offices, about $12.9 mn of assets per employee and $377.2 mn of deposits per office.
How much funding at Sunwest Bank is uninsured?
At Sunwest Bank, uninsured deposits (above the FDIC limit) made up 53.14% of domestic deposits at (-3.91 pp on a year earlier); Sunwest Bank ranks 62nd of 500 on this measure. In dollars, Sunwest Bank estimated $1.8 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.4 bn | +7.7% | 326th of 499 |
| Net loans and leases | $3.5 bn | +14.8% | 290th of 500 |
| Loan-to-deposit ratio | 101.85% | +6.29 pp | 44th of 500 |
| Tier 1 leverage ratio | 9.71% | +0.09 pp | 342nd of 500 |
| Total risk-based capital ratio | 11.66% | +0.37 pp | 431st of 448 |
| Net interest margin | 4.29% | -0.48 pp | 86th of 500 |
| Return on assets (ROA) | 1.62% | -0.04 pp | 118th of 500 |
| Efficiency ratio | 61.60% | +4.98 pp | 355th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $6.3 mn | Widened by $900,000 | |
| Noncurrent loans to total loans | 0.60% | +0.30 pp | 248th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.00% | 0.00 pp | 34th of 500 (1 = lowest) |
US rank of Sunwest Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Sunwest Bank: assets, deposits and loans
- Total assets $4.4bn
- Deposits $3.4bn
- Net loans $3.5bn
Capital and securities
The CET1 ratio of Sunwest Bank stood at 10.40% in , +0.37 pp year on year. Low and high at Sunwest Bank since : 9.57% () to 13.12% (). Equity capital of Sunwest Bank at : $412.0 mn, or 9.3% of total assets. Sunwest Bank also reported a total capital ratio of 11.66% for , and a tier 1 leverage ratio of 9.71%.
The available-for-sale portfolio of Sunwest Bank showed an unrealized loss of $6.3 mn at ; the loss widened by $900,000 over the year.
Sunwest Bank: capital ratios
- Total capital 12%
- CET1 10%
- Tier 1 leverage 9.7%
Sunwest Bank: unrealized securities gains and losses
- Available for sale -$6mn
- Held to maturity $0
Profitability and loan quality
For the year to , Sunwest Bank earned a return on equity of 17.39%; return on assets: 1.62%. Net interest margin at Sunwest Bank: 4.29%, -0.48 pp in a year. Sunwest Bank net income: $34.5 mn, up 15.7% year on year. The efficiency ratio of Sunwest Bank was 61.60%: about 62 cents cost per revenue dollar, against 59 cents at the median peer.
At , noncurrent loans were 0.60% of total loans at Sunwest Bank; net charge-offs: 0.00% of average loans. Gross loans and leases at Sunwest Bank: $3.5 bn, up 14.8% in a year.
Sunwest Bank: profitability
- Return on equity 17%
- Net interest margin 4.3%
- Return on assets 1.6%
Peer group of Sunwest Bank
The peer group of Sunwest Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of Sunwest Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Utah. Against them, Sunwest Bank shows CET1 ratio 10.40% against a peer median of 13.04%, return on equity 17.39% against a peer median of 12.39% and uninsured deposit share 53.14% against a peer median of 40.21%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| HomeTrust Bank | State member bank | NC | $4.4 bn | 13.74% | 11.44% | 26.47% | |
| American Business Bank | State nonmember bank | CA | $4.4 bn | 12.35% | 15.17% | 75.74% | |
| First Business Bank | State nonmember bank | WI | $4.4 bn | 11.17% | 13.89% | 33.17% | |
| Sunwest Bank | State nonmember bank | UT | $4.4 bn | 10.40% | 17.39% | 53.14% | |
| Texas Bank and Trust Company | State nonmember bank | TX | $4.3 bn | 15.85% | 12.39% | 47.26% | |
| Primis Bank | State member bank | VA | $4.3 bn | 10.63% | 9.10% | 22.93% | |
| NATIONAL COOPERATIVE BANK | National bank | OH | $4.3 bn | 14.05% | 12.40% | 56.73% | |
. FDIC Call Reports.
Last eight quarters
Two years at Sunwest Bank, to : assets +28.5%, deposits +27.6%, equity +35.8%. Staff 291 to 341.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.4 bn | $3.5 bn | $3.6 bn | $3.7 bn | $3.8 bn | $4.1 bn | $4.3 bn | $4.4 bn |
| Total deposits | $2.7 bn | $2.8 bn | $3.0 bn | $3.2 bn | $3.2 bn | $3.2 bn | $3.5 bn | $3.4 bn |
| Bank equity capital | $303.4 mn | $309.5 mn | $329.4 mn | $346.4 mn | $364.5 mn | $382.3 mn | $396.2 mn | $412.0 mn |
| CET1 ratio | 9.62% | 9.57% | 9.94% | 10.03% | 10.43% | 10.12% | 10.11% | 10.40% |
| Return on equity (ROE) | 14.42% | 15.89% | 18.92% | 18.16% | 19.90% | 20.76% | 18.12% | 17.39% |
| Uninsured share of domestic deposits | 53.58% | 51.62% | 54.17% | 57.04% | 54.56% | 55.04% | 54.84% | 53.14% |
| Full-time equivalent employees | 291 | 292 | 307 | 323 | 331 | 315 | 320 | 341 |
| Number of offices | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Sunwest Bank, oldest first; figures before and after each event are not like for like.
- . Acquired the failed Nano Banc from the FDIC as receiver (FDIC certificate 58590).
Large one-quarter moves at Sunwest Bank
- Total assets at Sunwest Bank changed by +37.1% in the quarter to 2020-06-30, with no FDIC structure event in that quarter.
Questions and identifiers
What were the total assets of Sunwest Bank?
Sunwest Bank reported $4.4 bn at in its Call Report. That makes Sunwest Bank the 313th largest of 497 banks in our US coverage.
Is Sunwest Bank the same as its holding company?
No. This page covers Sunwest Bank, FDIC certificate 20164; H BCORP LLC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Sunwest Bank profitable?
Sunwest Bank reported net income of $34.5 mn for the year to ; annualized return on equity: 17.39%. So yes: Sunwest Bank made a profit over these months.
When is data for Sunwest Bank next updated?
Figures from Sunwest Bank for are due after .
Where can I check the figures for Sunwest Bank?
In the FDIC BankFind Suite record for certificate 20164, and in the Call Reports of Sunwest Bank (RSSD ID 140362) at the FFIEC Central Data Repository.