Bank of Commerce in Mclean, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 25328
    Status: Active
    Federal Reserve ID: 352651
    Date Established: August 16, 1984
    WWW: http://www.ebankcommerce.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 10155
    FDIC's unique #: 17517
    Numeric code: 13
    Regulator: FED
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 16, 1984
    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: 201 North Main Street, Mclean, TX 79057
    County: Gray
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Pampa, TX (#37420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $27.6 mil
    Equity capital: $3.1 mil
    Deposits held in domestic offices: $24.3 mil
    Return on assets (ROA): 1.68% ($0.5 mil)
    Quarterly return on assets: 0.29% ($0.1 mil)
    Return on Equity (ROE): 14.17% ($0.4 mil)
    Quarterly return on equity: 2.43% ($0.1 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.68% ($464.3 mil)
    Quarterly Pretax return on assets: 0.29% ($80.2 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
  • 8Total employees (full-time equivalent)
  • $27,638Total assets
  • $8,407Cash and due from depository institutions
  • $7,906Interest-bearing balances
  • $4,591Securities
  • $2,223Federal funds sold & reverse repurchase agreements
  • $12,114Net loans & leases
  • $451Loan loss allowance
  • $0Trading account assets
  • $107Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $27,639Life insurance assets
  • $196All other assets
  • $24,494Total liabilities and capital
  • $24,310Total liabilities
  • $15,788Total deposits
  • $24,310Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $184Subordinated debt
  • $3,145All other liabilities
  • $3,145Total equity capital
  • $3,145Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $1,650Surplus
  • $1,245Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $214Income earned, not collected on loans
  • $0Earning assets
  • $73Long-term assets (5+ years)
  • $26,834Average Assets, year-to-date
  • $1,907Average Assets, quarterly
  • $24,790Volatile liabilities
  • $26,524Insider loans
  • $17,984FHLB advances
  • $28,199Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,117Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,888Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $871Total interest income
  • $108Total interest expense
  • $763Net interest income
  • $266Provision for loan and lease losses
  • $579Total noninterest income
  • $0Fiduciary activities
  • $58Service charges on deposit accounts
  • $0Trading account gains & fees
  • $521Additional noninterest income
  • $660Total noninterest expense
  • $379Salaries and employee benefits
  • $37Premises and equipment expense
  • $244Additional noninterest expense
  • $416Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $416Income before extraordinary items
  • $0Extraordinary gains - net
  • $416Net income attributable to bank
  • $0Net charge-offs
  • $416Cash dividends
  • $1Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.65%Yield on earning assets
  • 0.45%Cost of funding earning assets
  • 3.20%Net interest margin
  • 2.43%Noninterest income to earning assets
  • 2.77%Noninterest expense to earning assets
  • 1.68%Net operating income to assets
  • 1.68%Return on assets (ROA)
  • 1.68%Pretax return on assets
  • 14.17%Return on equity (ROE)
  • 14.17%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 26600.00%Credit loss provision to net charge-offs
  • 682.00%Efficiency ratio
  • 49,180Assets per employee
  • 3.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.59%Loss allowance to noncurrent loans
  • 210.75%Noncurrent assets plus other real estate owned to assets
  • 0.77%Noncurrent loans to loans
  • 1.70%Net loans and leases to deposits
  • 49.83%Net loans and leases to core deposits
  • 61.29%Equity capital to assets
  • 11.38%Core capital (leverage) ratio
  • 11.05%Tier 1 risk-based capital ratio
  • 17.33%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $24,790Average earning assets
  • $2,936Average equity
  • $23,860Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017517Bank Of Commerce201 North Main Street, Mclean, TX 79057August 16, 1984Full Service Brick and Mortar
    1493137Amarillo Office Branch800 S Monroe, Amarillo, TX 79101January 01, 2009Limited Service Administrative

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