September 28, 2009 (FinancialWire) — Sun Bancorp, Inc. (NASDAQ: SNBC) (Current Market Cap: $126.21 Mil.) has filed a universal shelf registration statement with the U.S. Securities and Exchange Commission to allow it to sell up to $75 million of securities over a three year period.

The shelf will allow sales of Sun’s common stock, preferred stock, debt securities, trust preferred securities, units, depositary shares or warrants, either separately or together.

Vineland, New Jersey-based Sun Bancorp is a $bank holding company whose primary subsidiary is Sun National Bank, which operates 70 locations in New Jersey.

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