UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-Q/A
                                Amendment No. 1

(Mark One)
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1999

                                       OR

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934

            For the transition period from ___________ to ___________

                        Commission file number 000-26191

                          SUN COMMUNITY BANCORP LIMITED
             (Exact name of registrant as specified in its charter)

          Arizona                                               86-0878747
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                            Identification Number)

2777 East Camelback Road, Suite 101, Phoenix, Arizona             85016
    (Address of principal executive offices)                    (Zip Code)

                                 (602) 955-6100
                         (Registrant's telephone number)

                                 Not Applicable
              (Former name, former address and former fiscal year,
                         if changed since last report)

         Indicate  by check mark  whether the  registrant  (1) filed all reports
required  to be filed by  Section  13 or 15(d) of the  Exchange  Act  during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports),  and (2) has been subject to such filing requirements for
the past 90 days. Yes [ ] No [X]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

         Indicate  the  number of  shares  outstanding  of each of the  issuer's
classes of common stock, as of the latest practicable date:

  Common stock, No par value: 5,503,870 shares outstanding as of July 31, 1999.

The sole purpose of this  Amendment  No. 1 to Form 10-Q is to correct a "flawed"
Financial  Data Schedule  previously  filed with the Company's Form 10-Q for the
quarter ended June 30, 1999.

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                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                            SUN COMMUNITY BANCORP LIMITED
                                            (Registrant)


                                            /s/ Joseph D. Reid
                                            ------------------------------------
                                            Joseph D. Reid
                                            Chairman and Chief Executive Officer
                                            (duly authorized to sign on behalf
                                            of the registrant)



                                            /s/  Lee W. Hendrickson
                                            ------------------------------------
                                            Lee W. Hendrickson
                                            Senior Vice President and
                                            Chief Financial Officer


Date: August 30, 1999

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                                 EXHIBIT INDEX


           Exhibit No.               Description
           -----------               -----------

              27                Financial Data Schedule