Commerce Bank in Lawrence, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 28, 1996

Commerce Bank in Lawrence, Kansas (KS)
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Commerce Bank - Overview

General
FDIC Certificate #: 19771
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commerce Bank (#24998)
Federal Reserve ID: 25058
Date Established: December 08, 1967
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 13565
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: December 08, 1967
Last Structure Change Effective Date: June 28, 1996
Last Structure Change Process Date: July 10, 1996
Last Data Update: July 10, 1996
Data Source Date: April 05, 2012
Location
Address: 955 Iowa Street, Lawrence, KS 66044
County: Douglas
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Kansas City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Lawrence, KS (#4150)
Core Based Statistical Area (CBSA): Lawrence, KS (#29940)
CBSA Metro Statistical Area: Lawrence, KS (#29940)
Financial Summary
Total assets: $71.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$41Total assets
$70,603Cash and due from depository institutions
$4,592Interest-bearing balances
$0Securities
$24,768Federal funds sold & reverse repurchase agreements
$950Net loans & leases
$37,015Loan loss allowance
$730Trading account assets
$0Bank premises and fixed assets
$1,991Other real estate owned
$0Goodwill and other intangibles
$1,287Life insurance assets
$0All other assets
$0Total liabilities and capital
$70,603Total liabilities
$64,570Total deposits
$63,543Interest-bearing deposits
$50,850Deposits held in domestic offices
63543.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$454Subordinated debt
$0All other liabilities
$573Total equity capital
$573Total bank equity capital
$6,033Perpetual preferred stock
$0Common stock
$660Surplus
$4,456Undivided profits
Memoranda
$917Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$175Income earned, not collected on loans
$275Earning assets
$62,733Long-term assets (5+ years)
$2,845Average Assets, year-to-date
$67,823Average Assets, quarterly
$69,234Volatile liabilities
$2,575Insider loans
$1,102FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$17,169Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,861Total risk weighted assets
$35,661Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$4,856Total interest expense
$2,192Net interest income
$2,664Provision for loan and lease losses
$81Total noninterest income
$1,209Fiduciary activities
$0Service charges on deposit accounts
$839Trading account gains & fees
$0Additional noninterest income
$370Total noninterest expense
$3,014Salaries and employee benefits
$1,185Premises and equipment expense
$406Additional noninterest expense
$1,423Pre-tax net operating income
$778Securities gains (losses)
-$4Applicable income taxes
$292Income before extraordinary items
$482Extraordinary gains - net
$0Net income attributable to bank
$482Net charge-offs
$79Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.04%Cost of funding earning assets
3.63%Net interest margin
4.41%Noninterest income to earning assets
2.00%Noninterest expense to earning assets
4.99%Net operating income to assets
0.71%Return on assets (ROA)
0.71%Pretax return on assets
1.14%Return on equity (ROE)
8.70%Retained earnings to average equity (YTD only)
8.70%Net charge-offs to loans
0.21%Credit loss provision to net charge-offs
102.53%Efficiency ratio
77,821Assets per employee
1.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.93%Loss allowance to noncurrent loans
417.14%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.46%Net loans and leases to deposits
58.25%Net loans and leases to core deposits
60.26%Equity capital to assets
8.54%Core capital (leverage) ratio
8.49%Tier 1 risk-based capital ratio
16.44%Total risk-based capital ratio
Memoranda
$18Average assets
$67,823Average earning assets
$5,539Average equity
$60,389Average loans

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