The Commerce Bank of Oregon in Portland, Oregon (OR)



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The Commerce Bank of Oregon routing number info

Table of contents:
The Commerce Bank of Oregon
GeneralFDIC Certificate #: 58223
Status: Active
Federal Reserve ID: 3374186
Bank Holding Company (Regulatory Top Holder): Zions Bancorporation (RSSDID: 1027004, Location: Salt Lake City, UT)
Date Established: October 26, 2005
WWW: http://www.tcboregon.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)
FDIC's unique #: 443028
Numeric code: 21
Regulator: FDIC
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: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: October 26, 2005
Last Structure Change Effective Date: April 13, 2011
Last Structure Change Process Date: April 13, 2011
Last Data Update: April 13, 2011
Data Source Date: April 05, 2012
LocationAddress: 1211 Sw 5th Avenue, Suite 1250, Portland, OR 97204
County: Multnomah
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Portland
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Portland-Vancouver, OR-WA (#6440)
Consolidated Metropolitan Statistical Area (CMSA): Portland-Salem, OR-WA (#79)
Core Based Statistical Area (CBSA): Portland-Vancouver-Hillsboro, OR-WA (#38900)
CBSA Metro Statistical Area: Portland-Vancouver-Hillsboro, OR-WA (#38900)
Financial SummaryTotal assets: $73.6 mil
Equity capital: $14.2 mil
Deposits held in domestic offices: $58.7 mil
Return on assets (ROA): 0.01% ($0.0 mil)
Quarterly return on assets: -0.05% (-$0.0 mil)
Return on Equity (ROE): 0.05% ($0.0 mil)
Quarterly return on equity: -0.28% (-$0.0 mil)
Net income: $0.0 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.11% ($81.0 mil)
Quarterly Pretax return on assets: -0.02% (-$14.7 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)
Total employees (full-time equivalent)18
Total assets$73,620
Cash and due from depository institutions$2,806
Interest-bearing balances$0
Securities$3,114
Federal funds sold & reverse repurchase agreements$2,108
Net loans & leases$62,484
Loan loss allowance $1,557
Trading account assets$308
Bank premises and fixed assets$124
Other real estate owned$57
Goodwill and other intangibles$1,000
All other assets$1,619
Life insurance assets$73,620
Total liabilities and capital$59,408
Total liabilities$58,738
Total deposits$44,341
Interest-bearing deposits$58,738
Deposits held in domestic offices$61
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $310
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $360
All other liabilities $14,212
Total equity capital$14,212
Total bank equity capital$14,212
Perpetual preferred stock$0
Common stock$20,714
Surplus$594
Undivided profits $-7,096
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $687
Earning assets $0
Long-term assets (5+ years) $285
Average Assets, year-to-date $68,014
Average Assets, quarterly $24,997
Volatile liabilities $69,931
Insider loans $72,729
FHLB advances $68,726
Loans and leases held for sale $71,886
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $12,196
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $27,932
Derivatives$2,095
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,343
Total interest expense $188
Net interest income $3,155
Provision for loan and lease losses $60
Total noninterest income $420
Fiduciary activities $0
Service charges on deposit accounts $282
Trading account gains & fees $0
Additional noninterest income $138
Total noninterest expense $3,436
Salaries and employee benefits $2,191
Premises and equipment expense $342
Additional noninterest expense $903
Pre-tax net operating income $79
Securities gains (losses) $0
Applicable income taxes $72
Income before extraordinary items $7
Extraordinary gains - net $0
Net income attributable to bank $7
Net charge-offs $0
Cash dividends $7
Sale, conversion, retirement of capital stock, net $72
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.19%
Cost of funding earning assets 0.29%
Net interest margin 4.89%
Noninterest income to earning assets 0.65%
Noninterest expense to earning assets 5.33%
Net operating income to assets 0.01%
Return on assets (ROA) 0.01%
Pretax return on assets 0.11%
Return on equity (ROE) 0.05%
Retained earnings to average equity (YTD only) 0.05%
Net charge-offs to loans 0.12%
Credit loss provision to net charge-offs 83.33%
Efficiency ratio1.93%
Assets per employee$96,112
Cash dividends to net income (YTD only)4.09%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.43%
Noncurrent assets plus other real estate owned to assets 226.64%
Noncurrent loans to loans 1.01%
Net loans and leases to deposits1.07%
Net loans and leases to core deposits 106.38%
Equity capital to assets 110.69%
Core capital (leverage) ratio 19.30%
Tier 1 risk-based capital ratio 16.97%
Total risk-based capital ratio 17.75%
Memoranda
Average assets$19
Average earning assets$69,931
Average equity $14,174
Average loans $64,470
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1 Oregon Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0443028The Commerce Bank Of Oregon1211 Sw 5th Avenue, Suite 1250, Portland, OR 97204October 26, 2005Full Service Brick and Mortar
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