The Bank of Commerce in White Castle, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 1374
    Status: Active
    Federal Reserve ID: 103134
    Bank Holding Company (Regulatory Top Holder): Commerce Bancshares, Inc. (RSSDID: 3135471, Location: White Castle, LA)
    Date Established: March 01, 1927
    WWW: http://www.bkofcommerce.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 13288
    FDIC's unique #: 899
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 32460 Bowie Street, White Castle, LA 70788
    County: Iberville
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132)
    Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940)
    CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $66.1 mil
    Equity capital: $7.5 mil
    Deposits held in domestic offices: $58.5 mil
    Return on assets (ROA): 0.64% ($0.4 mil)
    Quarterly return on assets: 0.96% ($0.6 mil)
    Return on Equity (ROE): 4.85% ($0.3 mil)
    Quarterly return on equity: 7.37% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.64% ($423.0 mil)
    Quarterly Pretax return on assets: 0.96% ($634.6 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
  • 14Total employees (full-time equivalent)
  • $66,100Total assets
  • $2,736Cash and due from depository institutions
  • $1,948Interest-bearing balances
  • $9,850Securities
  • $22,700Federal funds sold & reverse repurchase agreements
  • $29,212Net loans & leases
  • $726Loan loss allowance
  • $0Trading account assets
  • $473Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $66,100Life insurance assets
  • $1,129All other assets
  • $58,607Total liabilities and capital
  • $58,542Total liabilities
  • $33,046Total deposits
  • $58,542Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $65Subordinated debt
  • $7,493All other liabilities
  • $7,493Total equity capital
  • $7,493Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $3,200Surplus
  • $3,993Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $305Income earned, not collected on loans
  • $0Earning assets
  • $299Long-term assets (5+ years)
  • $63,710Average Assets, year-to-date
  • $3,908Average Assets, quarterly
  • $56,191Volatile liabilities
  • $58,115Insider loans
  • $38,043FHLB advances
  • $56,244Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,394Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,321Restructured Loans and leases
  • $1,887Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,242Total interest income
  • $235Total interest expense
  • $2,007Net interest income
  • $0Provision for loan and lease losses
  • $167Total noninterest income
  • $0Fiduciary activities
  • $126Service charges on deposit accounts
  • $0Trading account gains & fees
  • $41Additional noninterest income
  • $1,812Total noninterest expense
  • $852Salaries and employee benefits
  • $255Premises and equipment expense
  • $705Additional noninterest expense
  • $362Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $362Income before extraordinary items
  • $0Extraordinary gains - net
  • $362Net income attributable to bank
  • $0Net charge-offs
  • $362Cash dividends
  • $1Sale, conversion, retirement of capital stock, net
  • $310Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.22%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 3.41%Noninterest expense to earning assets
  • 0.64%Net operating income to assets
  • 0.64%Return on assets (ROA)
  • 0.64%Pretax return on assets
  • 4.85%Return on equity (ROE)
  • 0.70%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 362.00%Efficiency ratio
  • 83,349Assets per employee
  • 4.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 85.64%Loss allowance to loans
  • 2.43%Loss allowance to noncurrent loans
  • 238.03%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 1.02%Net loans and leases to deposits
  • 49.90%Net loans and leases to core deposits
  • 50.90%Equity capital to assets
  • 11.34%Core capital (leverage) ratio
  • 13.15%Tier 1 risk-based capital ratio
  • 19.44%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $56,191Average earning assets
  • $7,459Average equity
  • $53,175Average loans

List of branches

  • 1 Louisiana Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0899The Bank Of Commerce32460 Bowie Street, White Castle, LA 70788March 01, 1927Full Service Brick and Mortar

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