Commerce Bank, National Association in Clayton, Missouri (MO)
Table of contents:
| Commerce Bank, National Association | |
|---|---|
| General | FDIC Certificate #: 1657 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Commerce Bank, National Association (#1425) Federal Reserve ID: 647254 Date Established: September 19, 1901 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 48 (Interstate: No) FDIC's unique #: 1092 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: December 31, 1996 Last Structure Change Process Date: January 10, 1997 Last Data Update: December 20, 1997 Data Source Date: April 05, 2012 |
| Location | Address: 8000 Forsyth Boulevard, Clayton, MO 63105 County: St. Louis Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180) |
| Financial Summary | Total assets: $3,048.1 mil |
| Assets and Liabilities (December 31, 1995) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $1,202 |
| Cash and due from depository institutions | $3,019,011 |
| Interest-bearing balances | $229,339 |
| Securities | $372 |
| Federal funds sold & reverse repurchase agreements | $793,713 |
| Net loans & leases | $67,000 |
| Loan loss allowance | $1,815,396 |
| Trading account assets | $35,752 |
| Bank premises and fixed assets | $90 |
| Other real estate owned | $46,077 |
| Goodwill and other intangibles | $132 |
| All other assets | $14,359 |
| Life insurance assets | $52,905 |
| Total liabilities and capital | $0 |
| Total liabilities | $3,019,011 |
| Total deposits | $2,791,548 |
| Interest-bearing deposits | $2,661,193 |
| Deposits held in domestic offices | $2,120,089 |
| % insured (estimated) | 2661193.00% |
| Federal funds purchased & repurchase agreements | $85 |
| Trading liabilities | $89,705 |
| Other borrowed funds | $0 |
| Subordinated debt | $17,155 |
| All other liabilities | $0 |
| Total equity capital | $23,495 |
| Total bank equity capital | $23,495 |
| Perpetual preferred stock | $227,463 |
| Common stock | $0 |
| Surplus | $50,000 |
| Undivided profits | $165,473 |
| Memoranda | |
| Noncurrent loans and leases | $11,990 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $14,104 |
| Earning assets | $23,219 |
| Long-term assets (5+ years) | $2,676,571 |
| Average Assets, year-to-date | $270,691 |
| Average Assets, quarterly | $2,926,229 |
| Volatile liabilities | $2,973,976 |
| Insider loans | $139,354 |
| FHLB advances | $189,405 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $1,165,257 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $208,013 |
| Total unused commitments | $1,987,898 |
| Restructured Loans and leases | $0 |
| Derivatives | $25,000 |
| Income and Expense (December 31, 1995) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $213,095 |
| Net interest income | $92,078 |
| Provision for loan and lease losses | $121,017 |
| Total noninterest income | $3,140 |
| Fiduciary activities | $39,730 |
| Service charges on deposit accounts | $11,155 |
| Trading account gains & fees | $11,885 |
| Additional noninterest income | $2,186 |
| Total noninterest expense | $14,504 |
| Salaries and employee benefits | $87,364 |
| Premises and equipment expense | $39,120 |
| Additional noninterest expense | $10,178 |
| Pre-tax net operating income | $38,066 |
| Securities gains (losses) | $70,243 |
| Applicable income taxes | -$46 |
| Income before extraordinary items | $24,671 |
| Extraordinary gains - net | $45,526 |
| Net income attributable to bank | $0 |
| Net charge-offs | $45,526 |
| Cash dividends | $699 |
| Sale, conversion, retirement of capital stock, net | $3,000 |
| 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 | 8.03% |
| Net interest margin | 3.47% |
| Noninterest income to earning assets | 4.56% |
| Noninterest expense to earning assets | 1.50% |
| Net operating income to assets | 3.29% |
| Return on assets (ROA) | 1.56% |
| Pretax return on assets | 1.56% |
| Return on equity (ROE) | 2.40% |
| Retained earnings to average equity (YTD only) | 22.13% |
| Net charge-offs to loans | 20.67% |
| Credit loss provision to net charge-offs | 0.04% |
| Efficiency ratio | 449.21% |
| Assets per employee | $54,050 |
| Cash dividends to net income (YTD only) | 2.51% |
| Condition Ratios (%) | |
| Loss allowance to loans | 6.59% |
| Loss allowance to noncurrent loans | 1.93% |
| Noncurrent assets plus other real estate owned to assets | 253.49% |
| Noncurrent loans to loans | 0.47% |
| Net loans and leases to deposits | 0.76% |
| Net loans and leases to core deposits | 68.22% |
| Equity capital to assets | 69.19% |
| Core capital (leverage) ratio | 7.53% |
| Tier 1 risk-based capital ratio | 7.10% |
| Total risk-based capital ratio | 10.46% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $2,926,229 |
| Average equity | $205,729 |
| Average loans | $2,654,545 |
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