Commerce Bank in Aurora, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 02, 2007

  • Commerce Bank in Aurora, Colorado (CO)
  • Show street view No street view available for this location

Commerce Bank - Overview

  • General
  • FDIC Certificate #: 22268
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commerce Bank (#24998)
    Federal Reserve ID: 884554
    Date Established: May 10, 1976
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13433
    FDIC's unique #: 15480
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 10, 1976
    Last Structure Change Effective Date: July 02, 2007
    Last Structure Change Process Date: July 09, 2007
    Last Data Update: July 09, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 15305 East Colfax Avenue, Aurora, CO 80011
    County: Adams
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • Financial Summary
  • Total assets: $102.3 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, 2006)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $96,797Total assets
  • $1,961Cash and due from depository institutions
  • $26Interest-bearing balances
  • $23,369Securities
  • $135Federal funds sold & reverse repurchase agreements
  • $69,403Net loans & leases
  • $628Loan loss allowance
  • $0Trading account assets
  • $496Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $50Life insurance assets
  • $1,433All other assets
  • $96,797Total liabilities and capital
  • $87,996Total liabilities
  • $75,484Total deposits
  • $53,512Interest-bearing deposits
  • $75,484Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $12,224Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $288All other liabilities
  • $8,801Total equity capital
  • $8,801Total bank equity capital
  • $8,801Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $1,633Undivided profits
  • Memoranda
  • $6,668Noncurrent loans and leases
  • $18,484Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $168Earning assets
  • $0Long-term assets (5+ years)
  • $542Average Assets, year-to-date
  • $92,933Average Assets, quarterly
  • $3,037Volatile liabilities
  • $95,286Insider loans
  • $95,962FHLB advances
  • $17,941Loans and leases held for sale
  • $1,485Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $18,484Total unused commitments
  • $0Restructured Loans and leases
  • $628Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $6,866Total interest income
  • $1,214Total interest expense
  • $5,652Net interest income
  • $56Provision for loan and lease losses
  • $769Total noninterest income
  • $0Fiduciary activities
  • $462Service charges on deposit accounts
  • $0Trading account gains & fees
  • $307Additional noninterest income
  • $3,818Total noninterest expense
  • $1,904Salaries and employee benefits
  • $847Premises and equipment expense
  • $1,067Additional noninterest expense
  • $2,547Pre-tax net operating income
  • $0Securities gains (losses)
  • -$4Applicable income taxes
  • $2,551Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,551Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $4Sale, conversion, retirement of capital stock, net
  • $2,409Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.64%Yield on earning assets
  • 1.35%Cost of funding earning assets
  • 6.29%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 4.25%Noninterest expense to earning assets
  • 2.68%Net operating income to assets
  • 2.68%Return on assets (ROA)
  • 2.67%Pretax return on assets
  • 29.76%Return on equity (ROE)
  • 1.66%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 1400.00%Credit loss provision to net charge-offs
  • 650.75%Efficiency ratio
  • 59,461Assets per employee
  • 2.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 94.43%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 373.81%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 91.94%Net loans and leases to core deposits
  • 99.48%Equity capital to assets
  • 9.09%Core capital (leverage) ratio
  • 9.25%Tier 1 risk-based capital ratio
  • 12.14%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $95,286Average earning assets
  • $8,572Average equity
  • $89,906Average loans

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