FDIC Certificate #: 58590 Status: Active Federal Reserve ID: 3635029 Date Established: September 17, 2007 WWW:http://www.commercebanktv.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 457503 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: Commercial Lending Specialization Date of Deposit Insurance: September 17, 2007 Last Structure Change Effective Date: September 07, 2011 Last Structure Change Process Date: September 07, 2011 Last Data Update: September 07, 2011 Data Source Date: April 05, 2012
Location
Address: 25220 Hancock Avenue, Suite #140, Murrieta, CA 92562 County: Riverside Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Orange Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Riverside-San Bernardino, CA (#6780) Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49) Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348) Core Based Statistical Area (CBSA): Riverside-San Bernardino-Ontario, CA (#40140) CBSA Metro Statistical Area: Riverside-San Bernardino-Ontario, CA (#40140)
Financial Summary
Total assets: $46.0 mil Equity capital: $9.3 mil Deposits held in domestic offices: $36.6 mil Return on assets (ROA): -0.68% (-$0.3 mil) Quarterly return on assets: -0.58% (-$0.3 mil) Return on Equity (ROE): -3.47% (-$0.3 mil) Quarterly return on equity: -3.06% (-$0.3 mil) Net income: -$0.3 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.68% (-$312.7 mil) Quarterly Pretax return on assets: -0.58% (-$266.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$45,978Total assets
$10,607Cash and due from depository institutions
$9,614Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$33,988Net loans & leases
$1,043Loan loss allowance
$0Trading account assets
$197Bank premises and fixed assets
$570Other real estate owned
$0Goodwill and other intangibles
$45,978Life insurance assets
$616All other assets
$36,721Total liabilities and capital
$36,632Total liabilities
$26,501Total deposits
$36,632Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$89Subordinated debt
$9,257All other liabilities
$9,257Total equity capital
$9,257Total bank equity capital
$0Perpetual preferred stock
$16,028Common stock
$48Surplus
$-6,819Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$587Income earned, not collected on loans
$0Earning assets
$153Long-term assets (5+ years)
$43,602Average Assets, year-to-date
$16,133Average Assets, quarterly
$47,447Volatile liabilities
$48,760Insider loans
$38,685FHLB advances
$49,198Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,257Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,407Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,269Total interest income
$249Total interest expense
$2,020Net interest income
$69Provision for loan and lease losses
$277Total noninterest income
$0Fiduciary activities
$26Service charges on deposit accounts
$0Trading account gains & fees
$251Additional noninterest income
$2,552Total noninterest expense
$1,190Salaries and employee benefits
$344Premises and equipment expense
$1,018Additional noninterest expense
-$324Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
-$325Income before extraordinary items
$0Extraordinary gains - net
-$325Net income attributable to bank
$0Net charge-offs
-$325Cash dividends
$73Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.04%Yield on earning assets
0.55%Cost of funding earning assets
4.49%Net interest margin
0.62%Noninterest income to earning assets
5.67%Noninterest expense to earning assets
-0.68%Net operating income to assets
-0.68%Return on assets (ROA)
-0.68%Pretax return on assets
-3.47%Return on equity (ROE)
-3.47%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
94.52%Credit loss provision to net charge-offs
-3.49%Efficiency ratio
111,101Assets per employee
3.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.98%Loss allowance to noncurrent loans
177.68%Noncurrent assets plus other real estate owned to assets
2.52%Noncurrent loans to loans
1.68%Net loans and leases to deposits
92.78%Net loans and leases to core deposits
95.77%Equity capital to assets
20.13%Core capital (leverage) ratio
18.82%Tier 1 risk-based capital ratio
23.93%Total risk-based capital ratio
Memoranda
$25Average assets
$47,447Average earning assets
$9,376Average equity
$44,984Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
457503
Commerce Bank Of Temecula Valley
25220 Hancock Avenue, Suite #140, Murrieta, CA 92562
September 17, 2007
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Commerce Bank of Temecula Valley.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: