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

National Bank of Commerce in Superior, Wisconsin (WI), MN
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National Bank of Commerce routing number info

National Bank of Commerce - Overview

General
FDIC Certificate #: 14266
Status: Active
Federal Reserve ID: 775456
Bank Holding Company (Regulatory Top Holder): Natcom Bancshares,inc. (RSSDID: 2665739, Location: Superior, WI)
Date Established: Febuary 07, 1934
WWW: http://www.nbofc.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 7 (Domestic: 7, Interstate: Yes)
OTS Docket #: 14585
FDIC's unique #: 8911
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: April 23, 1934
Last Structure Change Effective Date: November 15, 2008
Last Structure Change Process Date: December 02, 2008
Last Data Update: December 02, 2008
Data Source Date: April 05, 2012
Location
Address: 1127 Tower Avenue, Superior, WI 54880
County: Douglas
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Eau Claire
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Duluth-Superior, MN-WI (#2240)
Core Based Statistical Area (CBSA): Duluth, MN-WI (#20260)
CBSA Metro Statistical Area: Duluth, MN-WI (#20260)
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $539.6 mil
Equity capital: $61.2 mil
Deposits held in domestic offices: $449.5 mil
Return on assets (ROA): 0.35% ($1.9 mil)
Quarterly return on assets: -1.05% (-$5.7 mil)
Return on Equity (ROE): 2.98% ($1.8 mil)
Quarterly return on equity: -8.95% (-$5.5 mil)
Net income: $1.8 mil
Quarterly Net income: -$1.4 mil
Pretax return on assets: 0.57% ($3,075.8 mil)
Quarterly Pretax return on assets: -0.96% (-$5,180.3 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, 2011)

Dollar figures in thousands
105Total employees (full-time equivalent)
$539,612Total assets
$67,240Cash and due from depository institutions
$59,186Interest-bearing balances
$107,604Securities
$0Federal funds sold & reverse repurchase agreements
$329,071Net loans & leases
$3,515Loan loss allowance
$0Trading account assets
$9,181Bank premises and fixed assets
$3,923Other real estate owned
$3,725Goodwill and other intangibles
$539,612Life insurance assets
$18,868All other assets
$478,391Total liabilities and capital
$449,544Total liabilities
$374,944Total deposits
$449,544Interest-bearing deposits
$89Deposits held in domestic offices
20636.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$3,211Subordinated debt
$61,221All other liabilities
$61,221Total equity capital
$61,221Total bank equity capital
$0Perpetual preferred stock
$1,900Common stock
$37,748Surplus
$21,573Undivided profits
Memoranda
$0Noncurrent loans and leases
$389Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,739Income earned, not collected on loans
$181Earning assets
$1,834Long-term assets (5+ years)
$495,861Average Assets, year-to-date
$118,283Average Assets, quarterly
$525,562Volatile liabilities
$536,658Insider loans
$360,136FHLB advances
$539,531Loans and leases held for sale
$12,309Unused loan commitments
$10,400Tier 1 (core) risk-based capital
$55,034Tier 2 risk-based capital
$0Total risk weighted assets
$1,909Total unused commitments
$73,022Restructured Loans and leases
$16,529Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$22,978Total interest income
$6,380Total interest expense
$16,598Net interest income
-$335Provision for loan and lease losses
$2,520Total noninterest income
$0Fiduciary activities
$1,461Service charges on deposit accounts
$0Trading account gains & fees
$1,059Additional noninterest income
$15,497Total noninterest expense
$7,066Salaries and employee benefits
$1,370Premises and equipment expense
$7,061Additional noninterest expense
$3,956Pre-tax net operating income
-$965Securities gains (losses)
$1,162Applicable income taxes
$1,829Income before extraordinary items
$0Extraordinary gains - net
$1,829Net income attributable to bank
$0Net charge-offs
$1,829Cash dividends
$3,014Sale, conversion, retirement of capital stock, net
$2,000Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.79%Yield on earning assets
1.33%Cost of funding earning assets
3.46%Net interest margin
0.53%Noninterest income to earning assets
3.23%Noninterest expense to earning assets
0.47%Net operating income to assets
0.35%Return on assets (ROA)
0.57%Pretax return on assets
2.98%Return on equity (ROE)
-0.28%Retained earnings to average equity (YTD only)
0.89%Net charge-offs to loans
-11.11%Credit loss provision to net charge-offs
1.20%Efficiency ratio
67,915Assets per employee
5.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
109.35%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
40.22%Noncurrent assets plus other real estate owned to assets
2.35%Noncurrent loans to loans
2.63%Net loans and leases to deposits
73.20%Net loans and leases to core deposits
102.50%Equity capital to assets
11.35%Core capital (leverage) ratio
10.20%Tier 1 risk-based capital ratio
15.28%Total risk-based capital ratio
Memoranda
$16Average assets
$525,562Average earning assets
$61,422Average equity
$479,678Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
6	366071	Duluth Branch	1314 East Superior Street, Duluth, MN 55805	January 01, 2003	Full Service Brick and Mortar
8	439896	Hermantown Branch	4105 Richard Avenue, Hermantown, MN 55811	December 01, 2004	Full Service Brick and Mortar

5 Wisconsin Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8911	National Bank Of Commerce	1127 Tower Avenue, Superior, WI 54880	Febuary 07, 1934	Full Service Brick and Mortar
4	356850	Poplar Branch	4994 South Memorial Drive, Poplar, WI 54864	January 03, 2000	Full Service Brick and Mortar
5	356852	Solon Springs Branch	9245 East Main Street, Solon Springs, WI 54873	January 03, 2000	Full Service Brick and Mortar
7	419351	Midtown Branch	2822 Tower Avenue, Superior, WI 54880	March 31, 2003	Full Service Brick and Mortar
9	5542	Nbc Mortgage Services Branch	1214 Tower Avenue, Superior, WI 54880	January 01, 1919	Limited Service Loan Production

National Bank of Commerce in Superior, Wisconsin (WI), MN
Overview, Financial Summary, Detailed Financial Reports, Branches

National Bank of Commerce - 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:

National Bank of Commerce in Superior, Wisconsin (WI), MNOverview, Financial Summary, Detailed Financial Reports, Branches

National Bank of Commerce - 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:

National Bank of Commerce in Superior, Wisconsin (WI), MN
Overview, Financial Summary, Detailed Financial Reports, Branches