FDIC Certificate #: 1374 Status: Active Federal Reserve ID: 103134 Bank Holding Company (Regulatory Top Holder): Commerce Bancshares, Inc. (RSSDID: 3135471, Location: White Castle, LA) Date Established: March 01, 1927 WWW:http://www.bkofcommerce.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) OTS Docket #: 13288 FDIC's unique #: 899 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 32460 Bowie Street, White Castle, LA 70788 County: Iberville Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Baton Rouge Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132) Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940) CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $66.1 mil Equity capital: $7.5 mil Deposits held in domestic offices: $58.5 mil Return on assets (ROA): 0.64% ($0.4 mil) Quarterly return on assets: 0.96% ($0.6 mil) Return on Equity (ROE): 4.85% ($0.3 mil) Quarterly return on equity: 7.37% ($0.5 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.64% ($423.0 mil) Quarterly Pretax return on assets: 0.96% ($634.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$66,100Total assets
$2,736Cash and due from depository institutions
$1,948Interest-bearing balances
$9,850Securities
$22,700Federal funds sold & reverse repurchase agreements
$29,212Net loans & leases
$726Loan loss allowance
$0Trading account assets
$473Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$66,100Life insurance assets
$1,129All other assets
$58,607Total liabilities and capital
$58,542Total liabilities
$33,046Total deposits
$58,542Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$65Subordinated debt
$7,493All other liabilities
$7,493Total equity capital
$7,493Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$3,200Surplus
$3,993Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$305Income earned, not collected on loans
$0Earning assets
$299Long-term assets (5+ years)
$63,710Average Assets, year-to-date
$3,908Average Assets, quarterly
$56,191Volatile liabilities
$58,115Insider loans
$38,043FHLB advances
$56,244Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,394Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,321Restructured Loans and leases
$1,887Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,242Total interest income
$235Total interest expense
$2,007Net interest income
$0Provision for loan and lease losses
$167Total noninterest income
$0Fiduciary activities
$126Service charges on deposit accounts
$0Trading account gains & fees
$41Additional noninterest income
$1,812Total noninterest expense
$852Salaries and employee benefits
$255Premises and equipment expense
$705Additional noninterest expense
$362Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$362Income before extraordinary items
$0Extraordinary gains - net
$362Net income attributable to bank
$0Net charge-offs
$362Cash dividends
$1Sale, conversion, retirement of capital stock, net
$310Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.22%Yield on earning assets
0.44%Cost of funding earning assets
3.77%Net interest margin
0.31%Noninterest income to earning assets
3.41%Noninterest expense to earning assets
0.64%Net operating income to assets
0.64%Return on assets (ROA)
0.64%Pretax return on assets
4.85%Return on equity (ROE)
0.70%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
362.00%Efficiency ratio
83,349Assets per employee
4.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.64%Loss allowance to loans
2.43%Loss allowance to noncurrent loans
238.03%Noncurrent assets plus other real estate owned to assets
0.46%Noncurrent loans to loans
1.02%Net loans and leases to deposits
49.90%Net loans and leases to core deposits
50.90%Equity capital to assets
11.34%Core capital (leverage) ratio
13.15%Tier 1 risk-based capital ratio
19.44%Total risk-based capital ratio
Memoranda
$21Average assets
$56,191Average earning assets
$7,459Average equity
$53,175Average loans
List of branches
1 Louisiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
899
The Bank Of Commerce
32460 Bowie Street, White Castle, LA 70788
March 01, 1927
Full Service Brick and Mortar
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