Commerce Bank in Bloomington, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 10, 1996

  • Commerce Bank in Bloomington, Illinois (IL)
  • Show street view No street view available for this location

Commerce Bank - Overview

  • General
  • FDIC Certificate #: 901
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commerce Bank, National Association (#3726)
    Federal Reserve ID: 393739
    Date Established: March 04, 1869
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Interstate: No)
    OTS Docket #: 10636
    FDIC's unique #: 579
    Numeric code: 13
    Regulator: FED
    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: January 01, 1934
    Last Structure Change Effective Date: May 10, 1996
    Last Structure Change Process Date: May 15, 1996
    Last Data Update: May 15, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 North Center Street, Bloomington, IL 61701
    County: Mclean
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040)
    Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
    CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060)
  • Financial Summary
  • Total assets: $438.9 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)
  • $151Total assets
  • $441,433Cash and due from depository institutions
  • $44,326Interest-bearing balances
  • $100Securities
  • $137,177Federal funds sold & reverse repurchase agreements
  • $42,000Net loans & leases
  • $205,896Loan loss allowance
  • $3,816Trading account assets
  • $0Bank premises and fixed assets
  • $5,437Other real estate owned
  • $0Goodwill and other intangibles
  • $6,597Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $441,433Total liabilities
  • $398,859Total deposits
  • $321,467Interest-bearing deposits
  • $223,043Deposits held in domestic offices
  • 321467.00%% insured (estimated)
  • $76Federal funds purchased & repurchase agreements
  • $66,195Trading liabilities
  • $0Other borrowed funds
  • $4,766Subordinated debt
  • $0All other liabilities
  • $6,431Total equity capital
  • $6,431Total bank equity capital
  • $42,574Perpetual preferred stock
  • $0Common stock
  • $2,324Surplus
  • $27,676Undivided profits
  • Memoranda
  • $12,574Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,135Income earned, not collected on loans
  • $2,417Earning assets
  • $385,173Long-term assets (5+ years)
  • $56,427Average Assets, year-to-date
  • $443,873Average Assets, quarterly
  • $445,508Volatile liabilities
  • $91,080Insider loans
  • $15,820FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $40,563Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $40,248Total risk weighted assets
  • $237,848Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $28,888Total interest expense
  • $13,483Net interest income
  • $15,405Provision for loan and lease losses
  • $800Total noninterest income
  • $4,237Fiduciary activities
  • $1,781Service charges on deposit accounts
  • $974Trading account gains & fees
  • $0Additional noninterest income
  • $1,482Total noninterest expense
  • $10,523Salaries and employee benefits
  • $4,902Premises and equipment expense
  • $1,335Additional noninterest expense
  • $4,286Pre-tax net operating income
  • $8,319Securities gains (losses)
  • -$1,750Applicable income taxes
  • $1,296Income before extraordinary items
  • $5,273Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,273Net charge-offs
  • $54Cash dividends
  • $14,648Sale, 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
  • 7.34%Cost of funding earning assets
  • 3.42%Net interest margin
  • 3.91%Noninterest income to earning assets
  • 1.08%Noninterest expense to earning assets
  • 2.67%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 1.48%Return on equity (ROE)
  • 12.14%Retained earnings to average equity (YTD only)
  • -21.59%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 1481.48%Efficiency ratio
  • 53,574Assets per employee
  • 2.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 277.79%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 178.74%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 1.02%Net loans and leases to deposits
  • 64.05%Net loans and leases to core deposits
  • 68.32%Equity capital to assets
  • 9.64%Core capital (leverage) ratio
  • 9.06%Tier 1 risk-based capital ratio
  • 16.92%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $443,873Average earning assets
  • $43,423Average equity
  • $393,704Average loans

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