Commerce Bank, National Association in Springfield, Missouri (MO)
Table of contents:
| Commerce Bank, National Association | |
|---|---|
| General | FDIC Certificate #: 13072 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Commerce Bank (#24998) Federal Reserve ID: 371054 Date Established: September 20, 1902 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 15 (Interstate: No) FDIC's unique #: 8263 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 01, 1934 Last Structure Change Effective Date: June 28, 1996 Last Structure Change Process Date: July 10, 1996 Last Data Update: July 10, 1996 Data Source Date: April 05, 2012 |
| Location | Address: 1345 East Battlefield, Springfield, MO 65804 County: Greene Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Springfield Mo Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Springfield, MO (#7920) Core Based Statistical Area (CBSA): Springfield, MO (#44180) CBSA Metro Statistical Area: Springfield, MO (#44180) |
| Financial Summary | Total assets: $725.8 mil |
| Assets and Liabilities (December 31, 1995) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $356 |
| Cash and due from depository institutions | $729,314 |
| Interest-bearing balances | $44,279 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $176,279 |
| Net loans & leases | $18,000 |
| Loan loss allowance | $470,691 |
| Trading account assets | $6,853 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $10,389 |
| Goodwill and other intangibles | $118 |
| All other assets | $1,188 |
| Life insurance assets | $8,370 |
| Total liabilities and capital | $0 |
| Total liabilities | $729,314 |
| Total deposits | $678,735 |
| Interest-bearing deposits | $657,433 |
| Deposits held in domestic offices | $529,541 |
| % insured (estimated) | 657433.00% |
| Federal funds purchased & repurchase agreements | $88 |
| Trading liabilities | $15,150 |
| Other borrowed funds | $0 |
| Subordinated debt | $142 |
| All other liabilities | $0 |
| Total equity capital | $6,010 |
| Total bank equity capital | $6,010 |
| Perpetual preferred stock | $50,579 |
| Common stock | $0 |
| Surplus | $1,000 |
| Undivided profits | $20,813 |
| Memoranda | |
| Noncurrent loans and leases | $28,766 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $2,711 |
| Earning assets | $2,795 |
| Long-term assets (5+ years) | $664,970 |
| Average Assets, year-to-date | $55,375 |
| Average Assets, quarterly | $725,615 |
| Volatile liabilities | $722,128 |
| Insider loans | $28,844 |
| FHLB advances | $29,177 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $225,671 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $48,019 |
| Total unused commitments | $447,138 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1995) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $53,186 |
| Net interest income | $22,884 |
| Provision for loan and lease losses | $30,302 |
| Total noninterest income | $791 |
| Fiduciary activities | $8,044 |
| Service charges on deposit accounts | $1,334 |
| Trading account gains & fees | $4,124 |
| Additional noninterest income | $0 |
| Total noninterest expense | $2,586 |
| Salaries and employee benefits | $21,391 |
| Premises and equipment expense | $8,997 |
| Additional noninterest expense | $2,329 |
| Pre-tax net operating income | $10,065 |
| Securities gains (losses) | $16,164 |
| Applicable income taxes | $138 |
| Income before extraordinary items | $6,075 |
| Extraordinary gains - net | $10,227 |
| Net income attributable to bank | $0 |
| Net charge-offs | $10,227 |
| Cash dividends | $695 |
| Sale, conversion, retirement of capital stock, net | $12,000 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1995) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 8.01% |
| Net interest margin | 3.45% |
| Noninterest income to earning assets | 4.56% |
| Noninterest expense to earning assets | 1.21% |
| Net operating income to assets | 3.22% |
| Return on assets (ROA) | 1.40% |
| Pretax return on assets | 1.41% |
| Return on equity (ROE) | 2.25% |
| Retained earnings to average equity (YTD only) | 20.05% |
| Net charge-offs to loans | -3.48% |
| Credit loss provision to net charge-offs | 0.15% |
| Efficiency ratio | 113.81% |
| Assets per employee | $55,560 |
| Cash dividends to net income (YTD only) | 2.05% |
| Condition Ratios (%) | |
| Loss allowance to loans | 117.34% |
| Loss allowance to noncurrent loans | 1.44% |
| Noncurrent assets plus other real estate owned to assets | 252.78% |
| Noncurrent loans to loans | 0.39% |
| Net loans and leases to deposits | 0.57% |
| Net loans and leases to core deposits | 71.60% |
| Equity capital to assets | 73.12% |
| Core capital (leverage) ratio | 6.94% |
| Tier 1 risk-based capital ratio | 6.64% |
| Total risk-based capital ratio | 10.74% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $725,615 |
| Average equity | $51,016 |
| Average loans | $663,894 |
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