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Home > Company Index > Banking > Banking - Southeast > Sun Bancshares, Inc.

Sun Bancshares, Inc.
Nasdaq: SNBA
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 PROFILE
Sun Bancshares is the holding company for SunBank, which began operations in 2000. The bank operates a single branch serving Horry and Georgetown counties in the South Strand region of South Carolina. Targeting individuals and local businesses wary of national banking institutions, SunBank offers standard retail services like checking and savings accounts, money market accounts, and CDs. Lending activities consist of residential and commercial real estate loans, as well as consumer and commercial loans. The bank sells most of its residential mortgage loans on the secondary market.

 COMPETITION
Coastal Financial Corporation (CFCP)
The South Financial Group, Inc. (TSFG)
Wachovia Corporation (WB)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.10
Employees: 11
Revenue per employee: $9,090.91

 KEY PEOPLE
• Thomas Bouchette
    CEO
• Randy L. Carmon
    CFO

 CONTACT INFO
4367 Riverwood Dr.
Murrells Inlet, SC 29576
US
Phone: 843-357-7007
Fax: 843-357-7008

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