FDIC Certificate #: 58358 Status: Active Federal Reserve ID: 3465383 Bank Holding Company (Regulatory Top Holder): Capitol Bancorp Ltd. (RSSDID: 1247334, Location: Lansing, MI) Date Established: October 18, 2006 WWW:http://www.1stcommercebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 447341 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 18, 2006 Last Structure Change Effective Date: November 03, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 5135 Camino Al Norte, Suite 4, North Las Vegas, NV 89031 County: Clark Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Chicago FDIC Field Office: Phoenix Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120) Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332) Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820) CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $26.4 mil Equity capital: $0.7 mil Deposits held in domestic offices: $25.5 mil Return on assets (ROA): -7.71% (-$2.0 mil) Quarterly return on assets: -5.63% (-$1.5 mil) Return on Equity (ROE): -434.21% (-$4.3 mil) Quarterly return on equity: -233.26% (-$2.3 mil) Net income: -$2.6 mil Quarterly Net income: -$0.4 mil Pretax return on assets: -7.71% (-$2,033.5 mil) Quarterly Pretax return on assets: -5.63% (-$1,484.9 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
6Total employees (full-time equivalent)
$26,375Total assets
$6,733Cash and due from depository institutions
$6,106Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$16,908Net loans & leases
$1,634Loan loss allowance
$0Trading account assets
$442Bank premises and fixed assets
$1,963Other real estate owned
$0Goodwill and other intangibles
$26,375Life insurance assets
$329All other assets
$25,662Total liabilities and capital
$25,467Total liabilities
$21,079Total deposits
$25,467Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$195Subordinated debt
$713All other liabilities
$713Total equity capital
$713Total bank equity capital
$0Perpetual preferred stock
$4,000Common stock
$8,975Surplus
$-12,262Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,998Income earned, not collected on loans
$1,054Earning assets
$53Long-term assets (5+ years)
$23,014Average Assets, year-to-date
$2,255Average Assets, quarterly
$33,564Volatile liabilities
$29,267Insider loans
$18,389FHLB advances
$30,963Loans and leases held for sale
$20Unused loan commitments
$20Tier 1 (core) risk-based capital
$713Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$99Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,120Total interest income
$267Total interest expense
$853Net interest income
$716Provision for loan and lease losses
-$693Total noninterest income
$0Fiduciary activities
$51Service charges on deposit accounts
$0Trading account gains & fees
-$744Additional noninterest income
$2,031Total noninterest expense
$549Salaries and employee benefits
$287Premises and equipment expense
$1,195Additional noninterest expense
-$2,587Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$2,587Income before extraordinary items
$0Extraordinary gains - net
-$2,587Net income attributable to bank
$0Net charge-offs
-$2,587Cash dividends
$632Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.84%Yield on earning assets
0.92%Cost of funding earning assets
2.93%Net interest margin
-2.38%Noninterest income to earning assets
6.97%Noninterest expense to earning assets
-7.71%Net operating income to assets
-7.71%Return on assets (ROA)
-7.71%Pretax return on assets
-434.21%Return on equity (ROE)
-434.21%Retained earnings to average equity (YTD only)
2.87%Net charge-offs to loans
113.29%Credit loss provision to net charge-offs
-2.96%Efficiency ratio
1,269,375Assets per employee
4.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
8.81%Loss allowance to noncurrent loans
40.87%Noncurrent assets plus other real estate owned to assets
22.60%Noncurrent loans to loans
21.56%Net loans and leases to deposits
66.39%Net loans and leases to core deposits
73.25%Equity capital to assets
2.70%Core capital (leverage) ratio
2.30%Tier 1 risk-based capital ratio
3.88%Total risk-based capital ratio
Memoranda
$5Average assets
$33,564Average earning assets
$596Average equity
$29,134Average loans
List of branches
1 Nevada Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
447341
1st Commerce Bank
5135 Camino Al Norte, Suite 4, North Las Vegas, NV 89031
October 18, 2006
Full Service Brick and Mortar
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