National Bank of Commerce in Memphis, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 22, 2005

  • National Bank of Commerce in Memphis, Tennessee (TN)
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National Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 4978
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SunTrust Bank (#867)
    Federal Reserve ID: 460855
    Date Established: April 01, 1873
    WWW: http://www.suntrust.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 473 (Interstate: No)
    OTS Docket #: 9645
    FDIC's unique #: 3320
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 22, 2005
    Last Structure Change Process Date: May 06, 2005
    Last Data Update: May 06, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 Commerce Square, Memphis, TN 38150
    County: Shelby
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Memphis, TN-AR-MS (#4920)
    Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820)
    CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
  • Financial Summary
  • Total assets: $27,805.9 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, 2004)

  • Dollar figures in thousands
  • 4,934Total employees (full-time equivalent)
  • $28,412,232Total assets
  • $466,265Cash and due from depository institutions
  • $8,909Interest-bearing balances
  • $5,830,873Securities
  • $196,302Federal funds sold & reverse repurchase agreements
  • $14,817,619Net loans & leases
  • $171,256Loan loss allowance
  • $168,267Trading account assets
  • $199,629Bank premises and fixed assets
  • $15,615Other real estate owned
  • $5,918,605Goodwill and other intangibles
  • $0Life insurance assets
  • $799,057All other assets
  • $28,412,232Total liabilities and capital
  • $21,101,257Total liabilities
  • $15,537,882Total deposits
  • $12,876,539Interest-bearing deposits
  • $15,537,882Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,306,288Federal funds purchased & repurchase agreements
  • $132,740Trading liabilities
  • $2,663,741Other borrowed funds
  • $150,000Subordinated debt
  • $310,606All other liabilities
  • $7,310,975Total equity capital
  • $7,310,975Total bank equity capital
  • $7,310,975Perpetual preferred stock
  • $0Common stock
  • $7,000Surplus
  • $7,225,947Undivided profits
  • Memoranda
  • $78,028Noncurrent loans and leases
  • $5,387,615Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $125,404Earning assets
  • $0Long-term assets (5+ years)
  • $137,160Average Assets, year-to-date
  • $21,021,970Average Assets, quarterly
  • $6,799,776Volatile liabilities
  • $24,315,834Insider loans
  • $26,174,499FHLB advances
  • $7,730,490Loans and leases held for sale
  • $82,157Unused loan commitments
  • $2,654,614Tier 1 (core) risk-based capital
  • $1,278,558Tier 2 risk-based capital
  • $227,572Total risk weighted assets
  • $5,387,615Total unused commitments
  • $0Restructured Loans and leases
  • $321,296Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $279,379Total interest income
  • $84,197Total interest expense
  • $195,182Net interest income
  • $12,439Provision for loan and lease losses
  • $84,011Total noninterest income
  • $5,509Fiduciary activities
  • $32,032Service charges on deposit accounts
  • $10,983Trading account gains & fees
  • $35,487Additional noninterest income
  • $153,802Total noninterest expense
  • $74,372Salaries and employee benefits
  • $19,973Premises and equipment expense
  • $59,457Additional noninterest expense
  • $112,952Pre-tax net operating income
  • $505Securities gains (losses)
  • $40,074Applicable income taxes
  • $73,383Income before extraordinary items
  • $0Extraordinary gains - net
  • $73,383Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $14,825Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.36%Yield on earning assets
  • 0.41%Cost of funding earning assets
  • 0.95%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 0.75%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 1.97%Return on equity (ROE)
  • 1.97%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 83.91%Credit loss provision to net charge-offs
  • 8.46%Efficiency ratio
  • 49,313Assets per employee
  • 5.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 136.56%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.84%Net loans and leases to deposits
  • 95.36%Net loans and leases to core deposits
  • 123.73%Equity capital to assets
  • 25.73%Core capital (leverage) ratio
  • 6.80%Tier 1 risk-based capital ratio
  • 8.84%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $24,315,834Average earning assets
  • $3,723,011Average equity
  • $20,574,485Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3,002,923Managed Assets
  • 1Number of Accounts
  • $2,549,550Personal trust and agency accounts
  • $1,535,995Employee benefit-defined contribution accounts
  • $65,152Employee benefit-defined benefit accounts
  • $8,342Other retirement accounts
  • $170,700Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $769,361Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 4040Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $453,373Other retirement accounts
  • $252,876Corporate trust and agency accounts
  • $79,149Other fiduciary accounts
  • $103,025Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2004)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $282,5731-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

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