Commonwealth National Bank in Mobile, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Commonwealth National Bank - Overview

  • General
  • FDIC Certificate #: 22229
    Status: Active
    Federal Reserve ID: 578237
    Bank Holding Company (Regulatory Top Holder): Cnb Bancorp, Inc. (RSSDID: 3635328, Location: Mobile, AL)
    Date Established: Febuary 19, 1976
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 15447
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 19, 1976
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2214 St. Stephens Road, Mobile, AL 36601
    County: Mobile
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Mobile, AL (#5160)
    Combined Statistical Area (CSA): Mobile-Daphne-Fairhope, AL (#380)
    Core Based Statistical Area (CBSA): Mobile, AL (#33660)
    CBSA Metro Statistical Area: Mobile, AL (#33660)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $65.1 mil
    Equity capital: $5.7 mil
    Deposits held in domestic offices: $59.0 mil
    Return on assets (ROA): 0.08% ($0.1 mil)
    Quarterly return on assets: -1.32% (-$0.9 mil)
    Return on Equity (ROE): 0.92% ($0.1 mil)
    Quarterly return on equity: -14.99% (-$0.9 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.08% ($52.0 mil)
    Quarterly Pretax return on assets: -1.32% (-$858.8 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
  • 29Total employees (full-time equivalent)
  • $65,062Total assets
  • $7,832Cash and due from depository institutions
  • $1,365Interest-bearing balances
  • $23,026Securities
  • $1,025Federal funds sold & reverse repurchase agreements
  • $29,200Net loans & leases
  • $527Loan loss allowance
  • $0Trading account assets
  • $2,103Bank premises and fixed assets
  • $1,027Other real estate owned
  • $0Goodwill and other intangibles
  • $65,062Life insurance assets
  • $849All other assets
  • $59,355Total liabilities and capital
  • $59,011Total liabilities
  • $50,442Total deposits
  • $59,011Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $344Subordinated debt
  • $5,707All other liabilities
  • $5,707Total equity capital
  • $5,707Total bank equity capital
  • $200Perpetual preferred stock
  • $1,084Common stock
  • $1,852Surplus
  • $2,571Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,641Income earned, not collected on loans
  • $0Earning assets
  • $289Long-term assets (5+ years)
  • $54,616Average Assets, year-to-date
  • $28,485Average Assets, quarterly
  • $65,823Volatile liabilities
  • $66,523Insider loans
  • $38,037FHLB advances
  • $65,994Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,545Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $671Restructured Loans and leases
  • $53Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,846Total interest income
  • $302Total interest expense
  • $2,544Net interest income
  • $346Provision for loan and lease losses
  • $668Total noninterest income
  • $0Fiduciary activities
  • $548Service charges on deposit accounts
  • $0Trading account gains & fees
  • $120Additional noninterest income
  • $3,469Total noninterest expense
  • $1,503Salaries and employee benefits
  • $443Premises and equipment expense
  • $1,523Additional noninterest expense
  • -$603Pre-tax net operating income
  • $655Securities gains (losses)
  • $0Applicable income taxes
  • $52Income before extraordinary items
  • $0Extraordinary gains - net
  • $52Net income attributable to bank
  • $0Net charge-offs
  • $52Cash dividends
  • $294Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.31%Yield on earning assets
  • 0.56%Cost of funding earning assets
  • 4.75%Net interest margin
  • 1.25%Noninterest income to earning assets
  • 6.47%Noninterest expense to earning assets
  • -0.92%Net operating income to assets
  • 0.08%Return on assets (ROA)
  • 0.08%Pretax return on assets
  • 0.92%Return on equity (ROE)
  • 0.92%Retained earnings to average equity (YTD only)
  • 0.99%Net charge-offs to loans
  • 117.69%Credit loss provision to net charge-offs
  • -0.87%Efficiency ratio
  • 108,001Assets per employee
  • 2.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 32.11%Noncurrent assets plus other real estate owned to assets
  • 4.10%Noncurrent loans to loans
  • 5.52%Net loans and leases to deposits
  • 49.48%Net loans and leases to core deposits
  • 62.28%Equity capital to assets
  • 8.77%Core capital (leverage) ratio
  • 8.40%Tier 1 risk-based capital ratio
  • 14.58%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $65,823Average earning assets
  • $5,658Average equity
  • $53,603Average loans

List of branches

  • 4 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015447Commonwealth National Bank2214 St. Stephens Road, Mobile, AL 36601Febuary 19, 1976Full Service Brick and Mortar
    1254263Prichard Branch520 North Wilson Avenue, Prichard, AL 36610June 16, 1995Full Service Brick and Mortar
    22722502861 Springhill Ave Branch2861 Springhill Avenue, Mobile, AL 36607July 01, 1934Full Service Brick and Mortar
    4493603Downtown Office Branch200 St. Joseph St., Mobile, AL 36602May 11, 2009Full Service Brick and Mortar

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