National Bank of Commerce in Superior, Wisconsin (WI), MN
Overview, Financial Summary, Detailed Financial Reports, Branches


  • National Bank of Commerce in Superior, Wisconsin (WI), MN
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National Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 14266
    Status: Active
    Federal Reserve ID: 775456
    Bank Holding Company (Regulatory Top Holder): Natcom Bancshares,inc. (RSSDID: 2665739, Location: Superior, WI)
    Date Established: Febuary 07, 1934
    WWW: http://www.nbofc.com
    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: 7 (Domestic: 7, Interstate: Yes)
    OTS Docket #: 14585
    FDIC's unique #: 8911
    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: April 23, 1934
    Last Structure Change Effective Date: November 15, 2008
    Last Structure Change Process Date: December 02, 2008
    Last Data Update: December 02, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1127 Tower Avenue, Superior, WI 54880
    County: Douglas
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Duluth-Superior, MN-WI (#2240)
    Core Based Statistical Area (CBSA): Duluth, MN-WI (#20260)
    CBSA Metro Statistical Area: Duluth, MN-WI (#20260)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $539.6 mil
    Equity capital: $61.2 mil
    Deposits held in domestic offices: $449.5 mil
    Return on assets (ROA): 0.35% ($1.9 mil)
    Quarterly return on assets: -1.05% (-$5.7 mil)
    Return on Equity (ROE): 2.98% ($1.8 mil)
    Quarterly return on equity: -8.95% (-$5.5 mil)
    Net income: $1.8 mil
    Quarterly Net income: -$1.4 mil
    Pretax return on assets: 0.57% ($3,075.8 mil)
    Quarterly Pretax return on assets: -0.96% (-$5,180.3 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
  • 105Total employees (full-time equivalent)
  • $539,612Total assets
  • $67,240Cash and due from depository institutions
  • $59,186Interest-bearing balances
  • $107,604Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $329,071Net loans & leases
  • $3,515Loan loss allowance
  • $0Trading account assets
  • $9,181Bank premises and fixed assets
  • $3,923Other real estate owned
  • $3,725Goodwill and other intangibles
  • $539,612Life insurance assets
  • $18,868All other assets
  • $478,391Total liabilities and capital
  • $449,544Total liabilities
  • $374,944Total deposits
  • $449,544Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 20636.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $3,211Subordinated debt
  • $61,221All other liabilities
  • $61,221Total equity capital
  • $61,221Total bank equity capital
  • $0Perpetual preferred stock
  • $1,900Common stock
  • $37,748Surplus
  • $21,573Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $389Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,739Income earned, not collected on loans
  • $181Earning assets
  • $1,834Long-term assets (5+ years)
  • $495,861Average Assets, year-to-date
  • $118,283Average Assets, quarterly
  • $525,562Volatile liabilities
  • $536,658Insider loans
  • $360,136FHLB advances
  • $539,531Loans and leases held for sale
  • $12,309Unused loan commitments
  • $10,400Tier 1 (core) risk-based capital
  • $55,034Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,909Total unused commitments
  • $73,022Restructured Loans and leases
  • $16,529Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $22,978Total interest income
  • $6,380Total interest expense
  • $16,598Net interest income
  • -$335Provision for loan and lease losses
  • $2,520Total noninterest income
  • $0Fiduciary activities
  • $1,461Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,059Additional noninterest income
  • $15,497Total noninterest expense
  • $7,066Salaries and employee benefits
  • $1,370Premises and equipment expense
  • $7,061Additional noninterest expense
  • $3,956Pre-tax net operating income
  • -$965Securities gains (losses)
  • $1,162Applicable income taxes
  • $1,829Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,829Net income attributable to bank
  • $0Net charge-offs
  • $1,829Cash dividends
  • $3,014Sale, conversion, retirement of capital stock, net
  • $2,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.79%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 3.46%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 3.23%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.35%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 2.98%Return on equity (ROE)
  • -0.28%Retained earnings to average equity (YTD only)
  • 0.89%Net charge-offs to loans
  • -11.11%Credit loss provision to net charge-offs
  • 1.20%Efficiency ratio
  • 67,915Assets per employee
  • 5.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 109.35%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 40.22%Noncurrent assets plus other real estate owned to assets
  • 2.35%Noncurrent loans to loans
  • 2.63%Net loans and leases to deposits
  • 73.20%Net loans and leases to core deposits
  • 102.50%Equity capital to assets
  • 11.35%Core capital (leverage) ratio
  • 10.20%Tier 1 risk-based capital ratio
  • 15.28%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $525,562Average earning assets
  • $61,422Average equity
  • $479,678Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    6366071Duluth Branch1314 East Superior Street, Duluth, MN 55805January 01, 2003Full Service Brick and Mortar
    8439896Hermantown Branch4105 Richard Avenue, Hermantown, MN 55811December 01, 2004Full Service Brick and Mortar
  • 5 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08911National Bank Of Commerce1127 Tower Avenue, Superior, WI 54880Febuary 07, 1934Full Service Brick and Mortar
    4356850Poplar Branch4994 South Memorial Drive, Poplar, WI 54864January 03, 2000Full Service Brick and Mortar
    5356852Solon Springs Branch9245 East Main Street, Solon Springs, WI 54873January 03, 2000Full Service Brick and Mortar
    7419351Midtown Branch2822 Tower Avenue, Superior, WI 54880March 31, 2003Full Service Brick and Mortar
    95542Nbc Mortgage Services Branch1214 Tower Avenue, Superior, WI 54880January 01, 1919Limited Service Loan Production

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