FDIC Certificate #: 15346 Status: Active Federal Reserve ID: 174367 Bank Holding Company (Regulatory Top Holder): Commerce Financial Corporation (RSSDID: 3681905, Location: Corpus Christi, TX) Date Established: Febuary 01, 1932 WWW:http://www.commercebanktx.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 9676 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: Commercial Lending Specialization Date of Deposit Insurance: January 31, 1936 Last Structure Change Effective Date: September 15, 2008 Last Structure Change Process Date: October 28, 2008 Last Data Update: October 28, 2008 Data Source Date: April 05, 2012
Location
Address: 112 West Fordtran Drive, Stockdale, TX 78160 County: Wilson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): San Antonio, TX (#7240) Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700) CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
History of Changes
Corrections
Change in Location
Name Change
Financial Summary
Total assets: $38.6 mil Equity capital: $6.3 mil Deposits held in domestic offices: $32.2 mil Return on assets (ROA): -0.06% (-$0.0 mil) Quarterly return on assets: 0.24% ($0.1 mil) Return on Equity (ROE): -0.33% (-$0.0 mil) Quarterly return on equity: 1.45% ($0.1 mil) Net income: -$0.0 mil Quarterly Net income: $0.0 mil Pretax return on assets: -0.06% (-$23.2 mil) Quarterly Pretax return on assets: 0.24% ($92.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$38,626Total assets
$775Cash and due from depository institutions
$0Interest-bearing balances
$12,796Securities
$0Federal funds sold & reverse repurchase agreements
$20,347Net loans & leases
$259Loan loss allowance
$0Trading account assets
$1,765Bank premises and fixed assets
$39Other real estate owned
$2,675Goodwill and other intangibles
$38,626Life insurance assets
$229All other assets
$32,281Total liabilities and capital
$32,249Total liabilities
$24,858Total deposits
$32,249Interest-bearing deposits
$80Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$32Subordinated debt
$6,345All other liabilities
$6,345Total equity capital
$6,345Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$6,417Surplus
$-572Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$49Income earned, not collected on loans
$0Earning assets
$137Long-term assets (5+ years)
$33,143Average Assets, year-to-date
$11,556Average Assets, quarterly
$36,699Volatile liabilities
$38,824Insider loans
$23,388FHLB advances
$36,645Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,611Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,261Restructured Loans and leases
$680Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,456Total interest income
$138Total interest expense
$1,318Net interest income
-$20Provision for loan and lease losses
$165Total noninterest income
$0Fiduciary activities
$144Service charges on deposit accounts
$0Trading account gains & fees
$21Additional noninterest income
$1,552Total noninterest expense
$665Salaries and employee benefits
$377Premises and equipment expense
$510Additional noninterest expense
-$49Pre-tax net operating income
$28Securities gains (losses)
$0Applicable income taxes
-$21Income before extraordinary items
$0Extraordinary gains - net
-$21Net income attributable to bank
$0Net charge-offs
-$21Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.89%Yield on earning assets
0.46%Cost of funding earning assets
4.43%Net interest margin
0.55%Noninterest income to earning assets
5.21%Noninterest expense to earning assets
-0.13%Net operating income to assets
-0.06%Return on assets (ROA)
-0.06%Pretax return on assets
-0.33%Return on equity (ROE)
-0.33%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
102,697Assets per employee
4.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
528.57%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.24%Net loans and leases to deposits
63.09%Net loans and leases to core deposits
67.45%Equity capital to assets
16.43%Core capital (leverage) ratio
9.85%Tier 1 risk-based capital ratio
15.44%Total risk-based capital ratio
Memoranda
$17Average assets
$36,699Average earning assets
$6,316Average equity
$29,782Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
9676
Commerce Bank Texas
112 West Fordtran Drive, Stockdale, TX 78160
Febuary 01, 1932
Full Service Brick and Mortar
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