United Commerce Bank in Bloomington, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • United Commerce Bank in Bloomington, Indiana (IN)
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United Commerce Bank routing number info

United Commerce Bank - Overview

  • General
  • FDIC Certificate #: 35306
    Status: Active
    Federal Reserve ID: 2876311
    Bank Holding Company (Regulatory Top Holder): United Commerce Bancorp (RSSDID: 3332038, Location: Bloomington, IN)
    Date Established: January 31, 2000
    WWW: http://www.unitedcommercebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 77696
    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: January 31, 2000
    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: 211 South College Avenue, Bloomington, IN 47402
    County: Monroe
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Bloomington, IN (#1020)
    Core Based Statistical Area (CBSA): Bloomington, IN (#14020)
    CBSA Metro Statistical Area: Bloomington, IN (#14020)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $155.5 mil
    Equity capital: $13.6 mil
    Deposits held in domestic offices: $141.6 mil
    Return on assets (ROA): -0.74% (-$1.1 mil)
    Quarterly return on assets: -1.83% (-$2.8 mil)
    Return on Equity (ROE): -8.94% (-$1.3 mil)
    Quarterly return on equity: -21.51% (-$3.0 mil)
    Net income: -$1.3 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: -1.25% (-$1,943.6 mil)
    Quarterly Pretax return on assets: -3.18% (-$4,944.5 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
  • 32Total employees (full-time equivalent)
  • $155,486Total assets
  • $5,602Cash and due from depository institutions
  • $5,077Interest-bearing balances
  • $22,220Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $121,296Net loans & leases
  • $3,603Loan loss allowance
  • $0Trading account assets
  • $1,725Bank premises and fixed assets
  • $1,163Other real estate owned
  • $0Goodwill and other intangibles
  • $155,486Life insurance assets
  • $3,480All other assets
  • $141,919Total liabilities and capital
  • $141,641Total liabilities
  • $119,982Total deposits
  • $141,641Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $278Subordinated debt
  • $13,567All other liabilities
  • $13,567Total equity capital
  • $13,567Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $9,058Surplus
  • $4,509Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $455Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,504Income earned, not collected on loans
  • $0Earning assets
  • $664Long-term assets (5+ years)
  • $148,593Average Assets, year-to-date
  • $42,749Average Assets, quarterly
  • $174,177Volatile liabilities
  • $165,014Insider loans
  • $114,809FHLB advances
  • $164,638Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,687Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,078Restructured Loans and leases
  • $4,239Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,911Total interest income
  • $1,997Total interest expense
  • $5,914Net interest income
  • $4,265Provision for loan and lease losses
  • $631Total noninterest income
  • $0Fiduciary activities
  • $140Service charges on deposit accounts
  • $0Trading account gains & fees
  • $491Additional noninterest income
  • $4,659Total noninterest expense
  • $2,356Salaries and employee benefits
  • $460Premises and equipment expense
  • $1,843Additional noninterest expense
  • -$2,379Pre-tax net operating income
  • $205Securities gains (losses)
  • -$889Applicable income taxes
  • -$1,285Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,285Net income attributable to bank
  • $0Net charge-offs
  • -$1,285Cash dividends
  • $3,316Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.80%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 3.59%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • -0.81%Net operating income to assets
  • -0.74%Return on assets (ROA)
  • -1.25%Pretax return on assets
  • -8.94%Return on equity (ROE)
  • -8.94%Retained earnings to average equity (YTD only)
  • 2.34%Net charge-offs to loans
  • 128.62%Credit loss provision to net charge-offs
  • 0.57%Efficiency ratio
  • 71,184Assets per employee
  • 4.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.88%Loss allowance to noncurrent loans
  • 55.40%Noncurrent assets plus other real estate owned to assets
  • 4.93%Noncurrent loans to loans
  • 5.21%Net loans and leases to deposits
  • 85.64%Net loans and leases to core deposits
  • 93.60%Equity capital to assets
  • 8.73%Core capital (leverage) ratio
  • 7.71%Tier 1 risk-based capital ratio
  • 11.05%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $174,177Average earning assets
  • $14,366Average equity
  • $164,730Average loans

List of branches

  • 2 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    077696United Commerce Bank211 South College Avenue, Bloomington, IN 47402January 31, 2000Full Service Brick and Mortar
    2441969Jackson Creek Branch1285 South College Mall Road, Bloomington, IN 47401August 26, 2002Full Service Brick and Mortar

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