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- Banks in Colorado (CO)
- Commerce Bank
Commerce Bank in Aurora, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of July 02, 2007
- Commerce Bank in Aurora, Colorado (CO)
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Commerce Bank - Overview
- General
- FDIC Certificate #: 22268
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commerce Bank (#24998)
Federal Reserve ID: 884554
Date Established: May 10, 1976
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 13433
FDIC's unique #: 15480
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: May 10, 1976
Last Structure Change Effective Date: July 02, 2007
Last Structure Change Process Date: July 09, 2007
Last Data Update: July 09, 2007
Data Source Date: April 05, 2012 - Location
- Address: 15305 East Colfax Avenue, Aurora, CO 80011
County: Adams
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Denver
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Denver, CO (#2080)
Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740) - Financial Summary
- Total assets: $102.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
- Dollar figures in thousands
- 37Total employees (full-time equivalent)
- $96,797Total assets
- $1,961Cash and due from depository institutions
- $26Interest-bearing balances
- $23,369Securities
- $135Federal funds sold & reverse repurchase agreements
- $69,403Net loans & leases
- $628Loan loss allowance
- $0Trading account assets
- $496Bank premises and fixed assets
- $0Other real estate owned
- $0Goodwill and other intangibles
- $50Life insurance assets
- $1,433All other assets
- $96,797Total liabilities and capital
- $87,996Total liabilities
- $75,484Total deposits
- $53,512Interest-bearing deposits
- $75,484Deposits held in domestic offices
- 0.00%% insured (estimated)
- $12,224Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $288All other liabilities
- $8,801Total equity capital
- $8,801Total bank equity capital
- $8,801Perpetual preferred stock
- $0Common stock
- $500Surplus
- $1,633Undivided profits
- Memoranda
- $6,668Noncurrent loans and leases
- $18,484Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $168Earning assets
- $0Long-term assets (5+ years)
- $542Average Assets, year-to-date
- $92,933Average Assets, quarterly
- $3,037Volatile liabilities
- $95,286Insider loans
- $95,962FHLB advances
- $17,941Loans and leases held for sale
- $1,485Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $18,484Total unused commitments
- $0Restructured Loans and leases
- $628Derivatives
Income and Expense (December 31, 2006)
- Dollar figures in thousands
- $6,866Total interest income
- $1,214Total interest expense
- $5,652Net interest income
- $56Provision for loan and lease losses
- $769Total noninterest income
- $0Fiduciary activities
- $462Service charges on deposit accounts
- $0Trading account gains & fees
- $307Additional noninterest income
- $3,818Total noninterest expense
- $1,904Salaries and employee benefits
- $847Premises and equipment expense
- $1,067Additional noninterest expense
- $2,547Pre-tax net operating income
- $0Securities gains (losses)
- -$4Applicable income taxes
- $2,551Income before extraordinary items
- $0Extraordinary gains - net
- $2,551Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $4Sale, conversion, retirement of capital stock, net
- $2,409Net operating income
Performance and Condition Ratios (December 31, 2006)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 7.64%Yield on earning assets
- 1.35%Cost of funding earning assets
- 6.29%Net interest margin
- 0.86%Noninterest income to earning assets
- 4.25%Noninterest expense to earning assets
- 2.68%Net operating income to assets
- 2.68%Return on assets (ROA)
- 2.67%Pretax return on assets
- 29.76%Return on equity (ROE)
- 1.66%Retained earnings to average equity (YTD only)
- 0.01%Net charge-offs to loans
- 1400.00%Credit loss provision to net charge-offs
- 650.75%Efficiency ratio
- 59,461Assets per employee
- 2.62%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 94.43%Loss allowance to loans
- 0.90%Loss allowance to noncurrent loans
- 373.81%Noncurrent assets plus other real estate owned to assets
- 0.17%Noncurrent loans to loans
- 0.24%Net loans and leases to deposits
- 91.94%Net loans and leases to core deposits
- 99.48%Equity capital to assets
- 9.09%Core capital (leverage) ratio
- 9.25%Tier 1 risk-based capital ratio
- 12.14%Total risk-based capital ratio
- Memoranda
- $13Average assets
- $95,286Average earning assets
- $8,572Average equity
- $89,906Average loans
- bankencyclopedia.com
- Banks in Colorado (CO)
- Commerce Bank
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