# SUNFIRST BANK
SAINT GEORGE, UT · FDIC certificate 57087 · asset band <$300M · latest filing 2011-09 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 10 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $198.1M | |
| Deposits | $169.1M | |
| Loans and leases | $120.7M | |
| Total equity | $12.7M | |
| Loans / deposits | 67.21% (p41 of band) | 71.39% |
| Liquid assets / assets | 22.95% (p25 of band) | |
| Uninsured deposits / deposits | 2.95% (p17 of band) | 8.02% |
| Brokered deposits | 1.01% | |
| Wholesale funding | 9.03% (p78 of band) | |
| FHLB advances / assets | 3.53% | |
| Tier 1 leverage | 2.02% (p1 of band) | 9.99% |
| Unrealized securities loss / equity | 0.95% (p25 of band) | 3.72% |
| AOCI / equity | 4.11% (p74 of band) | |
| ROA (annualized) | -4.70% (p1 of band) | 0.72% |
| Net interest margin | 2.90% (p10 of band) | 3.86% |
| Efficiency ratio | 202.34% (p99 of band) | |
| Noncurrent loans | 15.60% (p99 of band) | 1.48% |
| Net charge-offs (annualized) | 4.29% (p100 of band) | |
| Reserve coverage of noncurrent | 37.23% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 214.84% (p99 of band) | |
| Auto loans | $606,000 (0.50% of loans; DQ 10.73%, NCO 0.06%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | – | |
| Employees | 40 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | leverage <7%, losing money, expense ratio p90, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 9 | leverage <5%, charge-offs p90 |  |
| 2011-09 | 10 | capital falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2012-06-27 [Southern District of New York - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMikAFBVV95cUxQcUR6UWNZZVR3RkdLWndIWldMUUpYN2hnblZyMXNCUWhpN2p4aUpZSnNqLWMxY0ZaeWMzdW03WDFsSWZfRDQyZWg1Umozc3E1dzB3V09GMUZkbnRPTW5hZGdPcldkTEQ0akxQOHBoMFhoQWd1eDhsaUhVQWZIQ1hZYVVaMEVNU1VITHZWMVZBcG0?oc=5) · Department of Justice (.gov)
- 2011-11-05 [Regulators close struggling SunFirst Bank in St. George - The Salt Lake Tribune](https://news.google.com/rss/articles/CBMib0FVX3lxTE1YSjJDMGFhMnU1OHZhV0ZaVy01SUQySURoSnJmendUVGFjTVpjaHBhWjBPMEpDcWd1Z2pZbjFycU5jNjJXVldnT2tTbWgzTUQzZENwSW5UczJ4VlFzNFZLZ1ZSOFBOSTJrQkh3akdCTQ?oc=5) · The Salt Lake Tribune
- 2012-05-24 [The Village Bank sells 3 branches to Cache Valley Bank, avoiding FDIC receivership - St. George News](https://news.google.com/rss/articles/CBMihAJBVV95cUxQRmE2X2dYUDZyOGhDd2x1NlJuTmdXVjVtbkVPbWU5b3U0SFNoWHg1aE9mOFpqWmNLRGFKZl9RVkRmQ1B4UzBHdEZNb0xkZmV4RjlpT0NOOTRvd0xJNG1VM0hNaEJDR3FXWXVvVC0tMDJkQjFKak8yaFAySUJMQlJlM0RIeXRETEs2eVh1NEx4V3lXdHdiRFZGek5ubVh3YWR5dlJXNHAteURob2wzbUpmQnNNclRPRXV5NUkzaG5nOUJzZV9qMkM3dEptWGNFNW9tNW0yU3M2dEtsOGlzZl9NZ2phMkt6RlI2UVZWdVpkQ0p6TmZaQndaV1MwU3pRMEZDWERZcQ?oc=5) · St. George News
- 2011-04-19 [Man accused of scamming bank in poker case pleads not guilty - KSL.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQUVZkNWFObFhvS3dSSEROYk8xckxmVVBpYTIzUDNQSkdzTGpGLTlzM3F2eGhraUNMSVY3VVk4NmtQWWVtZXAxSFVmeW5CYjd1NzYzaTlFTmtQdFpyT09EQXRnMW1oeHM3UmhBajhTOVdMSkZtWldleHF0WnY3TzN6eWpYUkE5SzVSX042Y0NNSnNnaU1nOGw4ZXJ1U25say15enFVRjh3Y3VXc1E?oc=5) · KSL.com
- 2012-03-12 [SunFirst's fall sheds light on other bank failures - The Salt Lake Tribune](https://news.google.com/rss/articles/CBMib0FVX3lxTE9GRGpUanpSdWFybDExS0V1aFdlY0NjVG52cC1qVEk0R3lhTTQxdWQxdmE1TDVoT1dhRFhFSUpONFNtZWFWeEhCMWNHRFNiWHN4MmNUbFJpWWxqVDNtb2xMelRUTGVrS0habE5QYnkwUQ?oc=5) · The Salt Lake Tribune
- 2012-03-21 [Fallen Aussie tycoon and FBI's net-bet supergrass to star in US trial - SMH.com.au](https://news.google.com/rss/articles/CBMivgFBVV95cUxPU0t4cWRkTVdudks4dTllUkRlZ2I0dXpLcmViMDZaWGd5TmRxUld4NVRWSHpveE9WRTN1X1BMcFprejhXUk1YV25IQzJzbG43d2Z2WXR2bEIzYzVUX09KTEl3d1RNNUJ6NDNPZjg2Tl9xUm5DdUY5WTRhZ2F6S2VUcHNqMU4tR2tzV3ZvcGJzSHAxNjJCZ2xyb1p4dTVoUGZmSVFxQUFuZ0p5TXUwMmlxOGIwUFVDcDc3cEY4ZzBR?oc=5) · SMH.com.au
- 2013-09-23 [Utah whistleblower: Banks may be laundering poker money - The Salt Lake Tribune](https://news.google.com/rss/articles/CBMib0FVX3lxTE5BZkQzc2diQ3BMMXdzTDV0eWhmb2hPcVgzSTZDY3Rra3ZSejNkUWQ5XzdYaThKS0lCQWR3ODRwdnRYMzBqd05jWWtUbUU1LXFaVFFBMF9Md01tbi1IS2JhdDNobFdGVE5aOHNfWHltRQ?oc=5) · The Salt Lake Tribune
- 2016-04-20 [Jeremy Johnson, Black Friday Defendant, Faces Up To 30 Years In Jail - pokertube.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxQUXRiNUNTTFkydFgwNjdXN3cwckdxUWRMRVJZQWZid0NkZjlLQzZyTk4zSjhpRy13cnc2R0phU3g0WWNQSXY0NDRWZVlyQjB0NjNIN2hmc3JUZnBDd1FPS01LUzVjU2VVRS1yaloyYS1YblhjZDJaaV9UQ3ZfcXJPWktjTE1XcGJVVE5jaS1Id0VRUmxyX0ZsU19wR1BFUGp3cFE?oc=5) · pokertube.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57087 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/63.json (key "57087", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide