Commerce Bank in Leavenworth, Kansas (KS)



Table of contents:
Commerce Bank
GeneralFDIC Certificate #: 18083
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commerce Bank, National Association (#25253)
Federal Reserve ID: 34751
Date Established: January 01, 1888
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 12005
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: September 24, 1959
Last Structure Change Effective Date: October 18, 1993
Last Structure Change Process Date: November 03, 1993
Last Data Update: November 03, 1993
Data Source Date: April 05, 2012
LocationAddress: 2830 South Fourth Street, Leavenworth, KS 66048
County: Leavenworth
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Kansas City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
Financial SummaryTotal assets: $77.7 mil
Assets and Liabilities (December 31, 1992)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$39
Cash and due from depository institutions$78,668
Interest-bearing balances$5,477
Securities$599
Federal funds sold & reverse repurchase agreements$23,970
Net loans & leases$4,800
Loan loss allowance $40,914
Trading account assets$705
Bank premises and fixed assets$0
Other real estate owned$2,011
Goodwill and other intangibles$480
All other assets$0
Life insurance assets$1,016
Total liabilities and capital$0
Total liabilities$78,668
Total deposits$73,475
Interest-bearing deposits$72,825
Deposits held in domestic offices$61,127
% insured (estimated)72825.00%
Federal funds purchased & repurchase agreements $88
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $0
Total equity capital$650
Total bank equity capital$650
Perpetual preferred stock$5,193
Common stock$0
Surplus$346
Undivided profits $2,725
Memoranda
Noncurrent loans and leases $2,122
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $252
Earning assets $360
Long-term assets (5+ years) $70,283
Average Assets, year-to-date $2,427
Average Assets, quarterly $74,419
Volatile liabilities $77,453
Insider loans $5,988
FHLB advances $0
Loans and leases held for sale $0
Unused loan commitments $259
Tier 1 (core) risk-based capital $762
Tier 2 risk-based capital $0
Total risk weighted assets $5,193
Total unused commitments $43,429
Restructured Loans and leases $0
Derivatives$0
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Income and Expense (December 31, 1992)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $5,980
Net interest income $3,064
Provision for loan and lease losses $2,916
Total noninterest income $439
Fiduciary activities $603
Service charges on deposit accounts $0
Trading account gains & fees $479
Additional noninterest income $0
Total noninterest expense $124
Salaries and employee benefits $2,189
Premises and equipment expense $1,149
Additional noninterest expense $316
Pre-tax net operating income $724
Securities gains (losses) $891
Applicable income taxes $26
Income before extraordinary items $259
Extraordinary gains - net $658
Net income attributable to bank $0
Net charge-offs $658
Cash dividends $171
Sale, conversion, retirement of capital stock, net $272
Net operating income $0
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Performance and Condition Ratios (December 31, 1992)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 9.03%
Net interest margin 4.63%
Noninterest income to earning assets 4.40%
Noninterest expense to earning assets 0.91%
Net operating income to assets 3.30%
Return on assets (ROA) 0.86%
Pretax return on assets 0.88%
Return on equity (ROE) 1.23%
Retained earnings to average equity (YTD only) 13.09%
Net charge-offs to loans 7.68%
Credit loss provision to net charge-offs 0.42%
Efficiency ratio256.73%
Assets per employee$62,205
Cash dividends to net income (YTD only)2.02%
Condition Ratios (%)
Loss allowance to loans 41.34%
Loss allowance to noncurrent loans 1.69%
Noncurrent assets plus other real estate owned to assets 279.76%
Noncurrent loans to loans 0.93%
Net loans and leases to deposits0.61%
Net loans and leases to core deposits 56.18%
Equity capital to assets 61.21%
Core capital (leverage) ratio 6.60%
Tier 1 risk-based capital ratio 6.35%
Total risk-based capital ratio 11.96%
Memoranda
Average assets$13
Average earning assets$74,419
Average equity $5,026
Average loans $66,233
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