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

American Bank of Commerce in Boise, Idaho (ID)
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American Bank of Commerce - Overview

General
FDIC Certificate #: 22440
Status: Inactive
Closing history: Corrections
Acquiring institution: First Security Bank of Idaho, National Association (#13791)
Federal Reserve ID: 549563
Date Established: April 07, 1977
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 8952
FDIC's unique #: 15638
Numeric code: 21
Regulator: FDIC
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: April 07, 1977
Last Structure Change Effective Date: July 15, 1994
Last Structure Change Process Date: July 20, 1994
Last Data Update: August 08, 1994
Data Source Date: April 05, 2012
Location
Address: 6830 Fairview Avenue, Boise, ID 83707
County: Ada
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Salt Lake City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Boise City, ID (#1080)
Core Based Statistical Area (CBSA): Boise City-Nampa, ID (#14260)
CBSA Metro Statistical Area: Boise City-Nampa, ID (#14260)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $63.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$71Total assets
$70,292Cash and due from depository institutions
$5,454Interest-bearing balances
$1,976Securities
$2,529Federal funds sold & reverse repurchase agreements
$15,325Net loans & leases
$41,352Loan loss allowance
$610Trading account assets
$1,584Bank premises and fixed assets
$1,547Other real estate owned
$367Goodwill and other intangibles
$2,134Life insurance assets
$0All other assets
$0Total liabilities and capital
$70,292Total liabilities
$62,867Total deposits
$56,774Interest-bearing deposits
$38,666Deposits held in domestic offices
56774.00%% insured (estimated)
$75Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$4,717Subordinated debt
$0All other liabilities
$1,376Total equity capital
$1,376Total bank equity capital
$7,425Perpetual preferred stock
$0Common stock
$1,035Surplus
$5,448Undivided profits
Memoranda
$942Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$322Income earned, not collected on loans
$223Earning assets
$62,766Long-term assets (5+ years)
$5,182Average Assets, year-to-date
$69,754Average Assets, quarterly
$69,899Volatile liabilities
$12,807Insider loans
$3,445FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,757Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,425Total risk weighted assets
$48,547Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,900Total interest expense
$1,717Net interest income
$3,183Provision for loan and lease losses
$39Total noninterest income
$2,316Fiduciary activities
$0Service charges on deposit accounts
$457Trading account gains & fees
$0Additional noninterest income
$1,859Total noninterest expense
$3,420Salaries and employee benefits
$1,892Premises and equipment expense
$380Additional noninterest expense
$1,148Pre-tax net operating income
$2,040Securities gains (losses)
$0Applicable income taxes
$1,214Income before extraordinary items
$826Extraordinary gains - net
$0Net income attributable to bank
$826Net charge-offs
-$35Cash dividends
$75Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.01%Cost of funding earning assets
2.81%Net interest margin
5.20%Noninterest income to earning assets
3.78%Noninterest expense to earning assets
5.59%Net operating income to assets
1.18%Return on assets (ROA)
1.18%Pretax return on assets
2.92%Return on equity (ROE)
11.34%Retained earnings to average equity (YTD only)
10.31%Net charge-offs to loans
-0.08%Credit loss provision to net charge-offs
-111.43%Efficiency ratio
62,193Assets per employee
0.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
9.08%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
189.44%Noncurrent assets plus other real estate owned to assets
0.98%Noncurrent loans to loans
0.77%Net loans and leases to deposits
72.84%Net loans and leases to core deposits
84.94%Equity capital to assets
10.56%Core capital (leverage) ratio
10.54%Tier 1 risk-based capital ratio
15.29%Total risk-based capital ratio
Memoranda
$17Average assets
$69,754Average earning assets
$7,283Average equity
$61,204Average loans

American Bank of Commerce in Boise, Idaho (ID)
Overview, Financial Summary, Detailed Financial Reports, Branches

American Bank of Commerce - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

American Bank of Commerce in Boise, Idaho (ID)Overview, Financial Summary, Detailed Financial Reports, Branches

American Bank of Commerce - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

American Bank of Commerce in Boise, Idaho (ID)
Overview, Financial Summary, Detailed Financial Reports, Branches