Commerce Security Bank in Sacramento, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1997

  • Commerce Security Bank in Sacramento, California (CA)
  • Show street view No street view available for this location

Commerce Security Bank - Overview

  • General
  • FDIC Certificate #: 32318
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Eldorado Bank (#20676)
    Federal Reserve ID: 784177
    Date Established: May 06, 1985
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 8136
    FDIC's unique #: 45152
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 06, 1985
    Last Structure Change Effective Date: June 30, 1997
    Last Structure Change Process Date: July 22, 1997
    Last Data Update: July 22, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1545 River Park Drive, Sacramento, CA 95815
    County: Sacramento
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Sacramento
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Sacramento, CA (#6920)
    Consolidated Metropolitan Statistical Area (CMSA): Sacramento-Yolo, CA (#82)
    Combined Statistical Area (CSA): Sacramento-Arden-Arcade-Yuba City, CA-NV (#472)
    Core Based Statistical Area (CBSA): Sacramento-Arden-Arcade-Roseville, CA (#40900)
    CBSA Metro Statistical Area: Sacramento-Arden-Arcade-Roseville, CA (#40900)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $252.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $241Total assets
  • $232,284Cash and due from depository institutions
  • $14,011Interest-bearing balances
  • $40Securities
  • $16,003Federal funds sold & reverse repurchase agreements
  • $3,000Net loans & leases
  • $127,136Loan loss allowance
  • $2,695Trading account assets
  • $0Bank premises and fixed assets
  • $1,746Other real estate owned
  • $3,025Goodwill and other intangibles
  • $60,194Life insurance assets
  • $7,168All other assets
  • $0Total liabilities and capital
  • $232,284Total liabilities
  • $212,434Total deposits
  • $199,083Interest-bearing deposits
  • $170,535Deposits held in domestic offices
  • 199083.00%% insured (estimated)
  • $51Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $8,300Subordinated debt
  • $0All other liabilities
  • $5,051Total equity capital
  • $5,051Total bank equity capital
  • $19,850Perpetual preferred stock
  • $0Common stock
  • $3,446Surplus
  • $16,882Undivided profits
  • Memoranda
  • $-478Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,538Income earned, not collected on loans
  • $146Earning assets
  • $146,179Long-term assets (5+ years)
  • $21,025Average Assets, year-to-date
  • $226,514Average Assets, quarterly
  • $236,585Volatile liabilities
  • $27,917Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $10,586Unused loan commitments
  • $31,333Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,681Total risk weighted assets
  • $174,982Total unused commitments
  • $0Restructured Loans and leases
  • $28,550Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,735Total interest expense
  • $2,356Net interest income
  • $3,379Provision for loan and lease losses
  • $209Total noninterest income
  • $2,182Fiduciary activities
  • $0Service charges on deposit accounts
  • $24Trading account gains & fees
  • $0Additional noninterest income
  • $2,158Total noninterest expense
  • $6,065Salaries and employee benefits
  • $2,552Premises and equipment expense
  • $901Additional noninterest expense
  • $2,612Pre-tax net operating income
  • -$713Securities gains (losses)
  • $0Applicable income taxes
  • -$235Income before extraordinary items
  • -$478Extraordinary gains - net
  • $0Net income attributable to bank
  • -$478Net charge-offs
  • $139Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 3.25%Cost of funding earning assets
  • 1.34%Net interest margin
  • 1.92%Noninterest income to earning assets
  • 1.24%Noninterest expense to earning assets
  • 3.44%Net operating income to assets
  • -0.21%Return on assets (ROA)
  • -0.21%Pretax return on assets
  • -0.31%Return on equity (ROE)
  • -2.65%Retained earnings to average equity (YTD only)
  • -2.65%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 150.36%Efficiency ratio
  • 106,366Assets per employee
  • 0.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.08%Loss allowance to noncurrent loans
  • 59.39%Noncurrent assets plus other real estate owned to assets
  • 2.93%Noncurrent loans to loans
  • 3.50%Net loans and leases to deposits
  • 63.86%Net loans and leases to core deposits
  • 70.84%Equity capital to assets
  • 8.55%Core capital (leverage) ratio
  • 5.92%Tier 1 risk-based capital ratio
  • 7.25%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $226,514Average earning assets
  • $18,032Average equity
  • $176,381Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Commerce Security Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents