Commerce Bank of Temecula Valley in Murrieta, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Commerce Bank of Temecula Valley - Overview

  • General
  • FDIC Certificate #: 58590
    Status: Active
    Federal Reserve ID: 3635029
    Date Established: September 17, 2007
    WWW: http://www.commercebanktv.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 #: 457503
    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: September 17, 2007
    Last Structure Change Effective Date: September 07, 2011
    Last Structure Change Process Date: September 07, 2011
    Last Data Update: September 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 25220 Hancock Avenue, Suite #140, Murrieta, CA 92562
    County: Riverside
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Orange
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Riverside-San Bernardino, CA (#6780)
    Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49)
    Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348)
    Core Based Statistical Area (CBSA): Riverside-San Bernardino-Ontario, CA (#40140)
    CBSA Metro Statistical Area: Riverside-San Bernardino-Ontario, CA (#40140)
  • Financial Summary
  • Total assets: $46.0 mil
    Equity capital: $9.3 mil
    Deposits held in domestic offices: $36.6 mil
    Return on assets (ROA): -0.68% (-$0.3 mil)
    Quarterly return on assets: -0.58% (-$0.3 mil)
    Return on Equity (ROE): -3.47% (-$0.3 mil)
    Quarterly return on equity: -3.06% (-$0.3 mil)
    Net income: -$0.3 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.68% (-$312.7 mil)
    Quarterly Pretax return on assets: -0.58% (-$266.7 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
  • 12Total employees (full-time equivalent)
  • $45,978Total assets
  • $10,607Cash and due from depository institutions
  • $9,614Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $33,988Net loans & leases
  • $1,043Loan loss allowance
  • $0Trading account assets
  • $197Bank premises and fixed assets
  • $570Other real estate owned
  • $0Goodwill and other intangibles
  • $45,978Life insurance assets
  • $616All other assets
  • $36,721Total liabilities and capital
  • $36,632Total liabilities
  • $26,501Total deposits
  • $36,632Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $89Subordinated debt
  • $9,257All other liabilities
  • $9,257Total equity capital
  • $9,257Total bank equity capital
  • $0Perpetual preferred stock
  • $16,028Common stock
  • $48Surplus
  • $-6,819Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $587Income earned, not collected on loans
  • $0Earning assets
  • $153Long-term assets (5+ years)
  • $43,602Average Assets, year-to-date
  • $16,133Average Assets, quarterly
  • $47,447Volatile liabilities
  • $48,760Insider loans
  • $38,685FHLB advances
  • $49,198Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,257Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,407Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,269Total interest income
  • $249Total interest expense
  • $2,020Net interest income
  • $69Provision for loan and lease losses
  • $277Total noninterest income
  • $0Fiduciary activities
  • $26Service charges on deposit accounts
  • $0Trading account gains & fees
  • $251Additional noninterest income
  • $2,552Total noninterest expense
  • $1,190Salaries and employee benefits
  • $344Premises and equipment expense
  • $1,018Additional noninterest expense
  • -$324Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • -$325Income before extraordinary items
  • $0Extraordinary gains - net
  • -$325Net income attributable to bank
  • $0Net charge-offs
  • -$325Cash dividends
  • $73Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.04%Yield on earning assets
  • 0.55%Cost of funding earning assets
  • 4.49%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 5.67%Noninterest expense to earning assets
  • -0.68%Net operating income to assets
  • -0.68%Return on assets (ROA)
  • -0.68%Pretax return on assets
  • -3.47%Return on equity (ROE)
  • -3.47%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 94.52%Credit loss provision to net charge-offs
  • -3.49%Efficiency ratio
  • 111,101Assets per employee
  • 3.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.98%Loss allowance to noncurrent loans
  • 177.68%Noncurrent assets plus other real estate owned to assets
  • 2.52%Noncurrent loans to loans
  • 1.68%Net loans and leases to deposits
  • 92.78%Net loans and leases to core deposits
  • 95.77%Equity capital to assets
  • 20.13%Core capital (leverage) ratio
  • 18.82%Tier 1 risk-based capital ratio
  • 23.93%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $47,447Average earning assets
  • $9,376Average equity
  • $44,984Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0457503Commerce Bank Of Temecula Valley25220 Hancock Avenue, Suite #140, Murrieta, CA 92562September 17, 2007Full Service Brick and Mortar

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