C
Sunwest Bank
SandyUT
Rating Date
March 2026
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). A current level of 4.3 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Good asset quality (5.9).
Other Rating Factors: Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 11.4 and a capital leverage ratio of 10.0. Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 2.0 has resulted in Excellent (8.3) profitability.
Asset Mix: Comm re (43%), comm loans (15%), securities (13%), consumer loans (5%), cash (3%), home mtgs (1%), other (22%)
States with Branches: AZ, CA, FL, ID, UT
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Group Affiliation
H Bancorp LLC
Investment Rating
--
Address
10011 Centennial Parkway
Sandy, UT 84070
Phone Number
(801) 902-9776
Year Founded
1970
FDIC Number
Largest Affiliates
No affiliate information available.