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- Banks in Illinois (IL)
- Commerce Bank
Commerce Bank in Bloomington, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of May 10, 1996
- Commerce Bank in Bloomington, Illinois (IL)
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Commerce Bank - Overview
- General
- FDIC Certificate #: 901
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commerce Bank, National Association (#3726)
Federal Reserve ID: 393739
Date Established: March 04, 1869
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 6 (Interstate: No)
OTS Docket #: 10636
FDIC's unique #: 579
Numeric code: 13
Regulator: FED
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: January 01, 1934
Last Structure Change Effective Date: May 10, 1996
Last Structure Change Process Date: May 15, 1996
Last Data Update: May 15, 1996
Data Source Date: April 05, 2012 - Location
- Address: 120 North Center Street, Bloomington, IL 61701
County: Mclean
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Champaign
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Bloomington-Normal, IL (#1040)
Core Based Statistical Area (CBSA): Bloomington-Normal, IL (#14060)
CBSA Metro Statistical Area: Bloomington-Normal, IL (#14060) - Financial Summary
- Total assets: $438.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1995)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $151Total assets
- $441,433Cash and due from depository institutions
- $44,326Interest-bearing balances
- $100Securities
- $137,177Federal funds sold & reverse repurchase agreements
- $42,000Net loans & leases
- $205,896Loan loss allowance
- $3,816Trading account assets
- $0Bank premises and fixed assets
- $5,437Other real estate owned
- $0Goodwill and other intangibles
- $6,597Life insurance assets
- $0All other assets
- $0Total liabilities and capital
- $441,433Total liabilities
- $398,859Total deposits
- $321,467Interest-bearing deposits
- $223,043Deposits held in domestic offices
- 321467.00%% insured (estimated)
- $76Federal funds purchased & repurchase agreements
- $66,195Trading liabilities
- $0Other borrowed funds
- $4,766Subordinated debt
- $0All other liabilities
- $6,431Total equity capital
- $6,431Total bank equity capital
- $42,574Perpetual preferred stock
- $0Common stock
- $2,324Surplus
- $27,676Undivided profits
- Memoranda
- $12,574Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $2,135Income earned, not collected on loans
- $2,417Earning assets
- $385,173Long-term assets (5+ years)
- $56,427Average Assets, year-to-date
- $443,873Average Assets, quarterly
- $445,508Volatile liabilities
- $91,080Insider loans
- $15,820FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $40,563Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $40,248Total risk weighted assets
- $237,848Total unused commitments
- $0Restructured Loans and leases
- $0Derivatives
Income and Expense (December 31, 1995)
- Dollar figures in thousands
- $0Total interest income
- $28,888Total interest expense
- $13,483Net interest income
- $15,405Provision for loan and lease losses
- $800Total noninterest income
- $4,237Fiduciary activities
- $1,781Service charges on deposit accounts
- $974Trading account gains & fees
- $0Additional noninterest income
- $1,482Total noninterest expense
- $10,523Salaries and employee benefits
- $4,902Premises and equipment expense
- $1,335Additional noninterest expense
- $4,286Pre-tax net operating income
- $8,319Securities gains (losses)
- -$1,750Applicable income taxes
- $1,296Income before extraordinary items
- $5,273Extraordinary gains - net
- $0Net income attributable to bank
- $5,273Net charge-offs
- $54Cash dividends
- $14,648Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 1995)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 7.34%Cost of funding earning assets
- 3.42%Net interest margin
- 3.91%Noninterest income to earning assets
- 1.08%Noninterest expense to earning assets
- 2.67%Net operating income to assets
- 1.50%Return on assets (ROA)
- 1.19%Pretax return on assets
- 1.48%Return on equity (ROE)
- 12.14%Retained earnings to average equity (YTD only)
- -21.59%Net charge-offs to loans
- 0.02%Credit loss provision to net charge-offs
- 1481.48%Efficiency ratio
- 53,574Assets per employee
- 2.92%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 277.79%Loss allowance to loans
- 1.82%Loss allowance to noncurrent loans
- 178.74%Noncurrent assets plus other real estate owned to assets
- 0.48%Noncurrent loans to loans
- 1.02%Net loans and leases to deposits
- 64.05%Net loans and leases to core deposits
- 68.32%Equity capital to assets
- 9.64%Core capital (leverage) ratio
- 9.06%Tier 1 risk-based capital ratio
- 16.92%Total risk-based capital ratio
- Memoranda
- $18Average assets
- $443,873Average earning assets
- $43,423Average equity
- $393,704Average loans
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- Banks in Illinois (IL)
- Commerce Bank
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