Sunstate Bank

Established in 1999

About Sunstate Bank

Sunstate Bank was established on 1999. The bank's headquarters are located at 14095 South Dixie Highway in Miami, Florida.

Sunstate Bank is an FDIC insured bank with FDIC number 34643 managing assets to the value of $503,940 as of 12/31/2020.

Sunstate Bank has a Texas ratio of 4.02%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

4.02%
Texas Ratio
FDIC Certificate #

34643

Active Insured Since #

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $503,940
Equity Capital $55,561
Total Deposits $407,280
Total Liabilities $448,379
Total Securities $74,915
Net Loans And Leases $255,180
Loan Loss Allowance $2,933
Total Loans And Leases $258,141
YTD (as of 12/31/2020)
Return On Assets 0.41%
Return On Equity 3.68%
Total Interest Income $16,163
Total Interest Expense $5,174
Total Non Interest Income $3,011
Total Non Interest Expense $10,503

Headquarters

14095 South Dixie Highway 33176, Miami

Sunstate Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $258,141 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Sunstate Bank Mortgage Loans Profile

Classic Bank

76.19%

Application Approval Rate

Classic Bank

$516,563

Average Mortgage Loan Amount

Classic Bank

42

Number of Loan Applications

Classic Bank

$131,667

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Miami-Dade

Number of Loan Applications
34
Average Loan Amount
$543,077
Approval Rate
76.47%
Average Income of Approved Loans’ Applicants
$131,667

2 Broward

Number of Loan Applications
4
Average Loan Amount
$428,333
Approval Rate
75.00%
Average Income of Approved Loans’ Applicants
$0

3 Palm Beach

Number of Loan Applications
2
Average Loan Amount
$435,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0

4 Orange

Number of Loan Applications
1
Average Loan Amount
$0
Approval Rate
0.00%
Average Income of Approved Loans’ Applicants
$0

5 Osceola

Number of Loan Applications
1
Average Loan Amount
$255,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0

Top States by Number of Mortgage Loan Applications

1 Florida

Number of Loan Applications
42
Average Loan Amount
$516,563
Approval Rate
76.19%
Average Income of Approved Loans’ Applicants
$131,667