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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 TFXP1x5cAHz3C8swCats3MCrggcyUWQ6j4GLdlkaWFgyv0rkT+sjxnSTtY5YlX43
 tHiIyE2g/7kvjvE865iSgg==

<SEC-DOCUMENT>0001116502-07-002284.txt : 20071220
<SEC-HEADER>0001116502-07-002284.hdr.sgml : 20071220
<ACCEPTANCE-DATETIME>20071220130716
ACCESSION NUMBER:		0001116502-07-002284
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20071218
FILED AS OF DATE:		20071220
DATE AS OF CHANGE:		20071220

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sun American Bancorp
		CENTRAL INDEX KEY:			0001042521
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				650325364
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0330

	BUSINESS ADDRESS:	
		STREET 1:		9293 GLADES ROAD
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33434
		BUSINESS PHONE:		(561) 544-1908

	MAIL ADDRESS:	
		STREET 1:		9293 GLADES ROAD
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33434

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PANAMERICAN BANCORP
		DATE OF NAME CHANGE:	20020823

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOUTHERN SECURITY BANK CORP
		DATE OF NAME CHANGE:	19971125

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOUTHERN SECURITY FINANCIAL CORP
		DATE OF NAME CHANGE:	19970715

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GOLDEN MICHAEL
		CENTRAL INDEX KEY:			0001136337

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32183
		FILM NUMBER:		071318487

	BUSINESS ADDRESS:	
		STREET 1:		VFINANCE COM INC
		STREET 2:		3010 NORTH MILITARY TRAIL SUITE 300
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33431
		BUSINESS PHONE:		5619811001

	MAIL ADDRESS:	
		STREET 1:		C/O SUN AMERICAN BANCORP
		STREET 2:		9293 GLADES RD.
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33434
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>x1-56812_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-12-18</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001042521</issuerCik>
        <issuerName>Sun American Bancorp</issuerName>
        <issuerTradingSymbol>SAMB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001136337</rptOwnerCik>
            <rptOwnerName>GOLDEN MICHAEL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SUN AMERICAN BANCORP</rptOwnerStreet1>
            <rptOwnerStreet2>9293 GLADES RD.</rptOwnerStreet2>
            <rptOwnerCity>BOCA RATON</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33434</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-12-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.15</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>145142</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By daughter</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-12-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.15</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>146142</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By son</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Mr. Golden serves as the custodian of the shares acquired in an open market transaction which he gifted to his minor daughter
 and son under the Florida Uniform Transfer to Minors Act.  Mr. Golden disclaims beneficial ownership of all securities held
 by his daughter and son, and this report should not be deemed on admission that Mr. Golden is the beneficial owner of such
 securities for purposes of Section 16 or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael E. Golden</signatureName>
        <signatureDate>2007-12-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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