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


Commerce Bank - Overview

  • General
  • FDIC Certificate #: 23772
    Status: Active
    Federal Reserve ID: 625159
    Bank Holding Company (Regulatory Top Holder): International Bancshares Corporation (RSSDID: 1104231, Location: Laredo, TX)
    Date Established: March 31, 1982
    WWW: http://www.ibc.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 10794
    FDIC's unique #: 16617
    Numeric code: 21
    Regulator: FDIC
    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: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: March 31, 1982
    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: 5800 San Dario, Laredo, TX 78041
    County: Webb
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Laredo, TX (#4080)
    Core Based Statistical Area (CBSA): Laredo, TX (#29700)
    CBSA Metro Statistical Area: Laredo, TX (#29700)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $557.2 mil
    Equity capital: $76.8 mil
    Deposits held in domestic offices: $436.4 mil
    Return on assets (ROA): 1.19% ($6.6 mil)
    Quarterly return on assets: 1.34% ($7.5 mil)
    Return on Equity (ROE): 9.13% ($7.0 mil)
    Quarterly return on equity: 9.79% ($7.5 mil)
    Net income: $6.7 mil
    Quarterly Net income: $1.9 mil
    Pretax return on assets: 1.83% ($10,197.1 mil)
    Quarterly Pretax return on assets: 2.05% ($11,423.0 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
  • 47Total employees (full-time equivalent)
  • $557,221Total assets
  • $4,162Cash and due from depository institutions
  • $4Interest-bearing balances
  • $375,976Securities
  • $5,850Federal funds sold & reverse repurchase agreements
  • $133,964Net loans & leases
  • $2,217Loan loss allowance
  • $0Trading account assets
  • $14,584Bank premises and fixed assets
  • $1,916Other real estate owned
  • $7,094Goodwill and other intangibles
  • $557,221Life insurance assets
  • $13,675All other assets
  • $480,417Total liabilities and capital
  • $436,350Total liabilities
  • $378,341Total deposits
  • $436,350Interest-bearing deposits
  • $65Deposits held in domestic offices
  • 11001.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,500Trading liabilities
  • $0Other borrowed funds
  • $21,566Subordinated debt
  • $76,804All other liabilities
  • $76,804Total equity capital
  • $76,804Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $25,000Surplus
  • $50,804Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,391Income earned, not collected on loans
  • $2,855Earning assets
  • $1,548Long-term assets (5+ years)
  • $515,794Average Assets, year-to-date
  • $318,625Average Assets, quarterly
  • $561,607Volatile liabilities
  • $557,958Insider loans
  • $174,704FHLB advances
  • $531,556Loans and leases held for sale
  • $9,452Unused loan commitments
  • $3,398Tier 1 (core) risk-based capital
  • $63,462Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,054Total unused commitments
  • $21,096Restructured Loans and leases
  • $11,875Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,316Total interest income
  • $2,920Total interest expense
  • $13,396Net interest income
  • $1,049Provision for loan and lease losses
  • $4,569Total noninterest income
  • $0Fiduciary activities
  • $2,466Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,103Additional noninterest income
  • $8,031Total noninterest expense
  • $1,999Salaries and employee benefits
  • $1,549Premises and equipment expense
  • $4,483Additional noninterest expense
  • $8,885Pre-tax net operating income
  • $1,377Securities gains (losses)
  • $3,566Applicable income taxes
  • $6,696Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,696Net income attributable to bank
  • $0Net charge-offs
  • $6,696Cash dividends
  • $1,161Sale, conversion, retirement of capital stock, net
  • $3,100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.15%Yield on earning assets
  • 0.56%Cost of funding earning assets
  • 2.59%Net interest margin
  • 0.88%Noninterest income to earning assets
  • 1.55%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.83%Pretax return on assets
  • 9.13%Return on equity (ROE)
  • 4.91%Retained earnings to average equity (YTD only)
  • 0.78%Net charge-offs to loans
  • 90.35%Credit loss provision to net charge-offs
  • 8.56%Efficiency ratio
  • 44,075Assets per employee
  • 11.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.30%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 30.00%Noncurrent assets plus other real estate owned to assets
  • 1.67%Noncurrent loans to loans
  • 5.43%Net loans and leases to deposits
  • 30.70%Net loans and leases to core deposits
  • 45.75%Equity capital to assets
  • 13.78%Core capital (leverage) ratio
  • 11.94%Tier 1 risk-based capital ratio
  • 36.33%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $561,607Average earning assets
  • $73,302Average equity
  • $517,264Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016617Commerce Bank5800 San Dario, Laredo, TX 78041March 31, 1982Full Service Brick and Mortar
    4252167South Laredo BranchZapata Highway And Blaine Street, Laredo, TX 78043March 03, 1998Full Service Brick and Mortar
    5334425Welby Court Branch1200 Welby Court, Laredo, TX 78041March 27, 2000Full Service Brick and Mortar
    6440454Saunders Avenue Branch2120 Saunders Ave, Laredo, TX 78041May 09, 2005Full Service Brick and Mortar

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