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

This bank is inactive as of January 01, 2003

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

  • General
  • FDIC Certificate #: 35347
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National Bank of Commerce (#14266)
    Federal Reserve ID: 2831879
    Date Established: January 03, 2000
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 78808
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 03, 2000
    Last Structure Change Effective Date: January 01, 2003
    Last Structure Change Process Date: Febuary 06, 2003
    Last Data Update: Febuary 06, 2003
    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)
  • Financial Summary
  • Total assets: $230.6 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, 2002)

  • Dollar figures in thousands
  • 45Total employees (full-time equivalent)
  • $230,647Total assets
  • $20,344Cash and due from depository institutions
  • $10,192Interest-bearing balances
  • $50,355Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $150,536Net loans & leases
  • $1,448Loan loss allowance
  • $0Trading account assets
  • $2,756Bank premises and fixed assets
  • $0Other real estate owned
  • $315Goodwill and other intangibles
  • $0Life insurance assets
  • $6,341All other assets
  • $230,647Total liabilities and capital
  • $205,310Total liabilities
  • $189,386Total deposits
  • $153,647Interest-bearing deposits
  • $189,386Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $10,890Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,540Other borrowed funds
  • $0Subordinated debt
  • $1,494All other liabilities
  • $25,337Total equity capital
  • $25,337Total bank equity capital
  • $25,337Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $15,746Undivided profits
  • Memoranda
  • $8,591Noncurrent loans and leases
  • $35,324Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,112Earning assets
  • $22Long-term assets (5+ years)
  • $1,206Average Assets, year-to-date
  • $211,083Average Assets, quarterly
  • $28,713Volatile liabilities
  • $221,664Insider loans
  • $229,255FHLB advances
  • $37,647Loans and leases held for sale
  • $11,905Unused loan commitments
  • $3,518Tier 1 (core) risk-based capital
  • $15,000Tier 2 risk-based capital
  • $512Total risk weighted assets
  • $35,324Total unused commitments
  • $1,441Restructured Loans and leases
  • $1,448Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $13,057Total interest income
  • $3,405Total interest expense
  • $9,652Net interest income
  • $89Provision for loan and lease losses
  • $1,733Total noninterest income
  • $0Fiduciary activities
  • $855Service charges on deposit accounts
  • $0Trading account gains & fees
  • $878Additional noninterest income
  • $5,241Total noninterest expense
  • $1,641Salaries and employee benefits
  • $417Premises and equipment expense
  • $3,183Additional noninterest expense
  • $6,055Pre-tax net operating income
  • $4Securities gains (losses)
  • $1,657Applicable income taxes
  • $4,402Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,402Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $101Sale, conversion, retirement of capital stock, net
  • $1,116Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.43%Yield on earning assets
  • 1.68%Cost of funding earning assets
  • 4.76%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 2.58%Noninterest expense to earning assets
  • 1.98%Net operating income to assets
  • 1.99%Return on assets (ROA)
  • 2.73%Pretax return on assets
  • 18.84%Return on equity (ROE)
  • 14.06%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 88.12%Credit loss provision to net charge-offs
  • 60.83%Efficiency ratio
  • 46,034Assets per employee
  • 5.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.35%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 130.22%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 79.49%Net loans and leases to core deposits
  • 92.56%Equity capital to assets
  • 10.99%Core capital (leverage) ratio
  • 10.49%Tier 1 risk-based capital ratio
  • 14.05%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $221,664Average earning assets
  • $23,367Average equity
  • $202,950Average loans

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