Commerce Bank, National Association in Peoria, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 2004

  • Commerce Bank, National Association in Peoria, Illinois (IL)
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Commerce Bank, National Association - Overview

  • General
  • FDIC Certificate #: 3726
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commerce Bank (#24998)
    Federal Reserve ID: 741545
    Date Established: December 28, 1863
    WWW: http://www.commercebank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Interstate: No)
    FDIC's unique #: 2392
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 01, 2004
    Last Structure Change Process Date: September 07, 2004
    Last Data Update: September 07, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 416 Main Street, Peoria, IL 61602
    County: Peoria
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Peoria-Pekin, IL (#6120)
    Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
    Core Based Statistical Area (CBSA): Peoria, IL (#37900)
    CBSA Metro Statistical Area: Peoria, IL (#37900)
  • Financial Summary
  • Total assets: $885.3 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, 2003)

  • Dollar figures in thousands
  • 202Total employees (full-time equivalent)
  • $903,239Total assets
  • $43,672Cash and due from depository institutions
  • $13Interest-bearing balances
  • $278,754Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $554,928Net loans & leases
  • $8,405Loan loss allowance
  • $0Trading account assets
  • $12,946Bank premises and fixed assets
  • $60Other real estate owned
  • $3,242Goodwill and other intangibles
  • $0Life insurance assets
  • $9,637All other assets
  • $903,239Total liabilities and capital
  • $806,821Total liabilities
  • $649,335Total deposits
  • $528,271Interest-bearing deposits
  • $649,335Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $149,474Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,291Other borrowed funds
  • $0Subordinated debt
  • $5,721All other liabilities
  • $96,418Total equity capital
  • $96,418Total bank equity capital
  • $96,418Perpetual preferred stock
  • $0Common stock
  • $3,305Surplus
  • $70,025Undivided profits
  • Memoranda
  • $23,088Noncurrent loans and leases
  • $197,934Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,518Earning assets
  • $0Long-term assets (5+ years)
  • $5,261Average Assets, year-to-date
  • $833,695Average Assets, quarterly
  • $80,086Volatile liabilities
  • $926,822Insider loans
  • $901,144FHLB advances
  • $203,020Loans and leases held for sale
  • $301Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $492Tier 2 risk-based capital
  • $203Total risk weighted assets
  • $197,934Total unused commitments
  • $0Restructured Loans and leases
  • $7,368Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $45,496Total interest income
  • $8,807Total interest expense
  • $36,689Net interest income
  • $1,098Provision for loan and lease losses
  • $15,238Total noninterest income
  • $6,473Fiduciary activities
  • $4,710Service charges on deposit accounts
  • $64Trading account gains & fees
  • $3,991Additional noninterest income
  • $25,914Total noninterest expense
  • $8,857Salaries and employee benefits
  • $2,639Premises and equipment expense
  • $14,418Additional noninterest expense
  • $24,915Pre-tax net operating income
  • $44Securities gains (losses)
  • $8,550Applicable income taxes
  • $16,409Income before extraordinary items
  • $0Extraordinary gains - net
  • $16,409Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,098Sale, conversion, retirement of capital stock, net
  • $16,000Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.32%Yield on earning assets
  • 1.03%Cost of funding earning assets
  • 4.29%Net interest margin
  • 1.78%Noninterest income to earning assets
  • 3.03%Noninterest expense to earning assets
  • 1.77%Net operating income to assets
  • 1.77%Return on assets (ROA)
  • 2.69%Pretax return on assets
  • 16.70%Return on equity (ROE)
  • 0.42%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 23.69%Efficiency ratio
  • 49,874Assets per employee
  • 4.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 97.51%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 553.69%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 85.46%Net loans and leases to core deposits
  • 92.78%Equity capital to assets
  • 10.67%Core capital (leverage) ratio
  • 10.03%Tier 1 risk-based capital ratio
  • 15.09%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $926,822Average earning assets
  • $98,279Average equity
  • $855,029Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $646,573Managed Assets
  • 1Number of Accounts
  • $531,170Personal trust and agency accounts
  • $392,738Employee benefit-defined contribution accounts
  • $24,344Employee benefit-defined benefit accounts
  • $22,113Other retirement accounts
  • $19,129Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $72,846Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1119Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $115,403Other retirement accounts
  • $92,314Corporate trust and agency accounts
  • $8,712Other fiduciary accounts
  • $13,465Fiduciary accounts held in foreign offices

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