EXHIBIT 21--SUBSIDIARIES OF THE REGISTRANT SUN COMMUNITY BANCORP LIMITED DECEMBER 31, 1999 State or Other Jurisdiction Name of Subsidiary of Incorporation - ------------------ ---------------- Consolidated Subsidiaries: Bank of Tucson (100% owned by Sun Community Bancorp Limited) Arizona Valley First Community Bank (52% owned by Sun Community Bancorp Limited) Arizona Camelback Community Bank (55% owned by Sun Community Bancorp Limited) Arizona East Valley Community Bank (88% owned by Sun Community Bancorp Limited) Arizona Southern Arizona Community Bank (51% owned by Sun Community Bancorp Limited) Arizona Mesa Bank (53% owned by Sun Community Bancorp Limited) Arizona Nevada Community Bancorp Limited (51% owned by Sun Community Bancorp Limited) Nevada Desert Community Bank (51% owned by Nevada Community Bancorp Limited) Nevada Red Rock Community Bank (51% owned by Nevada Community Bancorp Limited) Nevada Sunrise Capital Corporation (57% owned by Sun Community Bancorp Limited) New Mexico Sunrise Bank of Arizona (100% owned by Sunrise Capital Corporation) Arizona The following summarizes regulatory agencies of the registrant and its subsidiaries: Bank subsidiaries located in the states Arizona and Nevada are state-chartered and are regulated by banking agencies of each of those states. Each of the banking subsidiaries, as federally-insured depository institutions, are also regulated by the Federal Deposit Insurance Corporation. As a bank holding company, Sun Community Bancorp Limited is regulated by the Federal Reserve Board, which also regulates its nonbanking subsidiaries. Nevada Community Bancorp Limited and Sunrise Capital Corporation are also regulated by the Federal Reserve Board. In addition to the bank regulatory agencies, the registrant and its subsidiaries are subject to regulation by other state and federal agencies.