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

Commerce Bank in Laredo, Texas (TX)
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Commerce Bank routing number info

Commerce Bank - Overview

General
FDIC Certificate #: 23772
Status: Active
Federal Reserve ID: 625159
Bank Holding Company (Regulatory Top Holder): International Bancshares Corporation (RSSDID: 1104231, Location: Laredo, TX)
Date Established: March 31, 1982
WWW: http://www.ibc.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 10794
FDIC's unique #: 16617
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: Mortgage Lending Specialization
Date of Deposit Insurance: March 31, 1982
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: 5800 San Dario, Laredo, TX 78041
County: Webb
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Houston
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Laredo, TX (#4080)
Core Based Statistical Area (CBSA): Laredo, TX (#29700)
CBSA Metro Statistical Area: Laredo, TX (#29700)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $557.2 mil
Equity capital: $76.8 mil
Deposits held in domestic offices: $436.4 mil
Return on assets (ROA): 1.19% ($6.6 mil)
Quarterly return on assets: 1.34% ($7.5 mil)
Return on Equity (ROE): 9.13% ($7.0 mil)
Quarterly return on equity: 9.79% ($7.5 mil)
Net income: $6.7 mil
Quarterly Net income: $1.9 mil
Pretax return on assets: 1.83% ($10,197.1 mil)
Quarterly Pretax return on assets: 2.05% ($11,423.0 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
47Total employees (full-time equivalent)
$557,221Total assets
$4,162Cash and due from depository institutions
$4Interest-bearing balances
$375,976Securities
$5,850Federal funds sold & reverse repurchase agreements
$133,964Net loans & leases
$2,217Loan loss allowance
$0Trading account assets
$14,584Bank premises and fixed assets
$1,916Other real estate owned
$7,094Goodwill and other intangibles
$557,221Life insurance assets
$13,675All other assets
$480,417Total liabilities and capital
$436,350Total liabilities
$378,341Total deposits
$436,350Interest-bearing deposits
$65Deposits held in domestic offices
11001.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$11,500Trading liabilities
$0Other borrowed funds
$21,566Subordinated debt
$76,804All other liabilities
$76,804Total equity capital
$76,804Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$25,000Surplus
$50,804Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$7,391Income earned, not collected on loans
$2,855Earning assets
$1,548Long-term assets (5+ years)
$515,794Average Assets, year-to-date
$318,625Average Assets, quarterly
$561,607Volatile liabilities
$557,958Insider loans
$174,704FHLB advances
$531,556Loans and leases held for sale
$9,452Unused loan commitments
$3,398Tier 1 (core) risk-based capital
$63,462Tier 2 risk-based capital
$0Total risk weighted assets
$6,054Total unused commitments
$21,096Restructured Loans and leases
$11,875Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$16,316Total interest income
$2,920Total interest expense
$13,396Net interest income
$1,049Provision for loan and lease losses
$4,569Total noninterest income
$0Fiduciary activities
$2,466Service charges on deposit accounts
$0Trading account gains & fees
$2,103Additional noninterest income
$8,031Total noninterest expense
$1,999Salaries and employee benefits
$1,549Premises and equipment expense
$4,483Additional noninterest expense
$8,885Pre-tax net operating income
$1,377Securities gains (losses)
$3,566Applicable income taxes
$6,696Income before extraordinary items
$0Extraordinary gains - net
$6,696Net income attributable to bank
$0Net charge-offs
$6,696Cash dividends
$1,161Sale, conversion, retirement of capital stock, net
$3,100Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.15%Yield on earning assets
0.56%Cost of funding earning assets
2.59%Net interest margin
0.88%Noninterest income to earning assets
1.55%Noninterest expense to earning assets
1.03%Net operating income to assets
1.19%Return on assets (ROA)
1.83%Pretax return on assets
9.13%Return on equity (ROE)
4.91%Retained earnings to average equity (YTD only)
0.78%Net charge-offs to loans
90.35%Credit loss provision to net charge-offs
8.56%Efficiency ratio
44,075Assets per employee
11.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.30%Loss allowance to loans
1.63%Loss allowance to noncurrent loans
30.00%Noncurrent assets plus other real estate owned to assets
1.67%Noncurrent loans to loans
5.43%Net loans and leases to deposits
30.70%Net loans and leases to core deposits
45.75%Equity capital to assets
13.78%Core capital (leverage) ratio
11.94%Tier 1 risk-based capital ratio
36.33%Total risk-based capital ratio
Memoranda
$38Average assets
$561,607Average earning assets
$73,302Average equity
$517,264Average loans

List of branches

4 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	16617	Commerce Bank	5800 San Dario, Laredo, TX 78041	March 31, 1982	Full Service Brick and Mortar
4	252167	South Laredo Branch	Zapata Highway And Blaine Street, Laredo, TX 78043	March 03, 1998	Full Service Brick and Mortar
5	334425	Welby Court Branch	1200 Welby Court, Laredo, TX 78041	March 27, 2000	Full Service Brick and Mortar
6	440454	Saunders Avenue Branch	2120 Saunders Ave, Laredo, TX 78041	May 09, 2005	Full Service Brick and Mortar

Commerce Bank in Laredo, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Commerce Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Commerce Bank in Laredo, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Commerce Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Commerce Bank in Laredo, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches