Commerce Bank of San Luis Obispo, National Association in San Luis Obispo, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 23, 1996

  • Commerce Bank of San Luis Obispo, National Association in San Luis Obispo, California (CA)
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Commerce Bank of San Luis Obispo, National Association - Overview

  • General
  • FDIC Certificate #: 26346
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: ValliWide Bank (#21166)
    Federal Reserve ID: 145460
    Date Established: August 01, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 32888
    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: August 01, 1985
    Last Structure Change Effective Date: March 23, 1996
    Last Structure Change Process Date: April 09, 1996
    Last Data Update: April 09, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 545 Higuera Street, San Luis Obispo, CA 93401
    County: San Luis Obispo
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Luis Obispo-Atascadero-Paso Robles, CA (#7460)
    Core Based Statistical Area (CBSA): San Luis Obispo-Paso Robles, CA (#42020)
    CBSA Metro Statistical Area: San Luis Obispo-Paso Robles, CA (#42020)
  • Financial Summary
  • Total assets: $102.9 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)
  • $60Total assets
  • $102,882Cash and due from depository institutions
  • $6,842Interest-bearing balances
  • $0Securities
  • $17,908Federal funds sold & reverse repurchase agreements
  • $9,750Net loans & leases
  • $64,568Loan loss allowance
  • $919Trading account assets
  • $0Bank premises and fixed assets
  • $1,774Other real estate owned
  • $370Goodwill and other intangibles
  • $1,670Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $102,882Total liabilities
  • $93,880Total deposits
  • $93,685Interest-bearing deposits
  • $76,564Deposits held in domestic offices
  • 93685.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $195Total equity capital
  • $195Total bank equity capital
  • $9,002Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $2,000Undivided profits
  • Memoranda
  • $5,502Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $943Income earned, not collected on loans
  • $411Earning assets
  • $92,226Long-term assets (5+ years)
  • $3,725Average Assets, year-to-date
  • $99,618Average Assets, quarterly
  • $101,973Volatile liabilities
  • $8,352Insider loans
  • $1,704FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $19,851Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,996Total risk weighted assets
  • $74,289Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,113Total interest expense
  • $3,044Net interest income
  • $6,069Provision for loan and lease losses
  • $825Total noninterest income
  • $1,277Fiduciary activities
  • $0Service charges on deposit accounts
  • $353Trading account gains & fees
  • $0Additional noninterest income
  • $924Total noninterest expense
  • $5,011Salaries and employee benefits
  • $2,248Premises and equipment expense
  • $556Additional noninterest expense
  • $2,207Pre-tax net operating income
  • $1,510Securities gains (losses)
  • -$108Applicable income taxes
  • $574Income before extraordinary items
  • $828Extraordinary gains - net
  • $0Net income attributable to bank
  • $828Net charge-offs
  • $991Cash dividends
  • $100Sale, 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
  • 10.07%Cost of funding earning assets
  • 3.36%Net interest margin
  • 6.71%Noninterest income to earning assets
  • 1.41%Noninterest expense to earning assets
  • 5.54%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 1.41%Return on equity (ROE)
  • 9.62%Retained earnings to average equity (YTD only)
  • 8.46%Net charge-offs to loans
  • 1.56%Credit loss provision to net charge-offs
  • 83.25%Efficiency ratio
  • 68,214Assets per employee
  • 1.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.08%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 97.45%Noncurrent assets plus other real estate owned to assets
  • 1.28%Noncurrent loans to loans
  • 1.44%Net loans and leases to deposits
  • 68.92%Net loans and leases to core deposits
  • 75.67%Equity capital to assets
  • 8.75%Core capital (leverage) ratio
  • 8.80%Tier 1 risk-based capital ratio
  • 12.11%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $99,618Average earning assets
  • $8,605Average equity
  • $90,477Average loans

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