Bank of Commerce in city_name, state_name - Detailed Financial Reports, Location

Bank of Commerce in Greenwood, Mississippi (MS)
Show street view No street view available for this location

Bank of Commerce routing number info

Bank of Commerce - Overview

General
FDIC Certificate #: 9359
Status: Active
Federal Reserve ID: 99442
Bank Holding Company (Regulatory Top Holder): Commerce Bancorp, Inc (RSSDID: 2770660, Location: Greenwood, MS)
Date Established: August 04, 1904
WWW: http://www.bankcom.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 6008
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 310 Howard Street, Greenwood, MS 38930
County: Leflore
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Jackson Ms
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Greenwood, MS (#24900)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $247.1 mil
Equity capital: $22.5 mil
Deposits held in domestic offices: $196.6 mil
Return on assets (ROA): 1.28% ($3.2 mil)
Quarterly return on assets: 0.88% ($2.2 mil)
Return on Equity (ROE): 13.76% ($3.2 mil)
Quarterly return on equity: 9.57% ($2.2 mil)
Net income: $2.9 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.78% ($4,398.7 mil)
Quarterly Pretax return on assets: 1.13% ($2,792.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
37Total employees (full-time equivalent)
$247,116Total assets
$5,603Cash and due from depository institutions
$88Interest-bearing balances
$65,408Securities
$12,000Federal funds sold & reverse repurchase agreements
$148,342Net loans & leases
$1,742Loan loss allowance
$0Trading account assets
$4,588Bank premises and fixed assets
$369Other real estate owned
$0Goodwill and other intangibles
$247,116Life insurance assets
$10,806All other assets
$224,611Total liabilities and capital
$196,594Total liabilities
$173,612Total deposits
$196,594Interest-bearing deposits
$67Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$25,860Trading liabilities
$0Other borrowed funds
$2,157Subordinated debt
$22,505All other liabilities
$22,505Total equity capital
$22,505Total bank equity capital
$0Perpetual preferred stock
$541Common stock
$9,812Surplus
$12,152Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,037Income earned, not collected on loans
$0Earning assets
$2,450Long-term assets (5+ years)
$225,838Average Assets, year-to-date
$65,282Average Assets, quarterly
$228,749Volatile liabilities
$243,221Insider loans
$164,801FHLB advances
$247,970Loans and leases held for sale
$6,062Unused loan commitments
$4,121Tier 1 (core) risk-based capital
$21,503Tier 2 risk-based capital
$1,941Total risk weighted assets
$0Total unused commitments
$20,768Restructured Loans and leases
$5,245Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,379Total interest income
$2,329Total interest expense
$9,050Net interest income
$650Provision for loan and lease losses
$783Total noninterest income
$0Fiduciary activities
$549Service charges on deposit accounts
$0Trading account gains & fees
$234Additional noninterest income
$5,123Total noninterest expense
$3,511Salaries and employee benefits
$712Premises and equipment expense
$900Additional noninterest expense
$4,060Pre-tax net operating income
$3Securities gains (losses)
$1,139Applicable income taxes
$2,924Income before extraordinary items
$0Extraordinary gains - net
$2,924Net income attributable to bank
$0Net charge-offs
$2,924Cash dividends
$314Sale, conversion, retirement of capital stock, net
$1,676Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.48%Yield on earning assets
1.12%Cost of funding earning assets
4.36%Net interest margin
0.38%Noninterest income to earning assets
2.47%Noninterest expense to earning assets
1.28%Net operating income to assets
1.28%Return on assets (ROA)
1.78%Pretax return on assets
13.76%Return on equity (ROE)
5.87%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
207.01%Credit loss provision to net charge-offs
15.00%Efficiency ratio
52,100Assets per employee
6.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.32%Loss allowance to loans
1.16%Loss allowance to noncurrent loans
85.52%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
1.36%Net loans and leases to deposits
75.46%Net loans and leases to core deposits
92.52%Equity capital to assets
9.11%Core capital (leverage) ratio
8.67%Tier 1 risk-based capital ratio
13.05%Total risk-based capital ratio
Memoranda
$14Average assets
$228,749Average earning assets
$21,253Average equity
$207,764Average loans

Total Fiduciary and Related Assets (December 31, 2009)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$9,363Managed Assets
1Number of Accounts
$7,823Personal trust and agency accounts
$3,921Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$3,902Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
20Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,540Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$1,540Fiduciary accounts held in foreign offices

List of branches

5 Mississippi Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	6008	Bank Of Commerce	310 Howard Street, Greenwood, MS 38930	August 04, 1904	Full Service Brick and Mortar
1	219956	Main Street Branch	401 Main Street, Greenwood, MS 38930	Febuary 06, 1974	Limited Service Facility
2	219957	Park Avenue Branch	815 West Park Avenue, Greenwood, MS 38930	November 02, 1981	Full Service Brick and Mortar
3	441150	Bank Of Commerce Loan Production Off	309 Lamar Street, Oxford, MS 38655	May 18, 2005	Limited Service Loan Production
4	457263	Oxford Branch	1610 West Jackson Avenue, Oxford, MS 38655	December 18, 2006	Full Service Brick and Mortar

Bank of Commerce in Greenwood, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Commerce - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2009)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Commerce in Greenwood, Mississippi (MS)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Commerce - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2009)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of Commerce in Greenwood, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches