Commerce Bank, National Association in Peoria, Illinois (IL)
Table of contents:
| Commerce Bank, National Association | |
|---|---|
| General | FDIC Certificate #: 3726 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Commerce Bank (#24998) Federal Reserve ID: 741545 Date Established: December 28, 1863 WWW: http://www.commercebank.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 13 (Interstate: No) FDIC's unique #: 2392 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: August 01, 2004 Last Structure Change Process Date: September 07, 2004 Last Data Update: September 07, 2004 Data Source Date: April 05, 2012 |
| Location | Address: 416 Main Street, Peoria, IL 61602 County: Peoria Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Princeton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Peoria-Pekin, IL (#6120) Combined Statistical Area (CSA): Peoria-Canton, IL (#426) Core Based Statistical Area (CBSA): Peoria, IL (#37900) CBSA Metro Statistical Area: Peoria, IL (#37900) |
| Financial Summary | Total assets: $885.3 mil |
| Assets and Liabilities (December 31, 2003) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 202 |
| Total assets | $903,239 |
| Cash and due from depository institutions | $43,672 |
| Interest-bearing balances | $13 |
| Securities | $278,754 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $554,928 |
| Loan loss allowance | $8,405 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $12,946 |
| Other real estate owned | $60 |
| Goodwill and other intangibles | $3,242 |
| All other assets | $9,637 |
| Life insurance assets | $0 |
| Total liabilities and capital | $903,239 |
| Total liabilities | $806,821 |
| Total deposits | $649,335 |
| Interest-bearing deposits | $528,271 |
| Deposits held in domestic offices | $649,335 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $149,474 |
| Trading liabilities | $0 |
| Other borrowed funds | $2,291 |
| Subordinated debt | $0 |
| All other liabilities | $5,721 |
| Total equity capital | $96,418 |
| Total bank equity capital | $96,418 |
| Perpetual preferred stock | $96,418 |
| Common stock | $0 |
| Surplus | $3,305 |
| Undivided profits | $70,025 |
| Memoranda | |
| Noncurrent loans and leases | $23,088 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $197,934 |
| Income earned, not collected on loans | $0 |
| Earning assets | $1,518 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $5,261 |
| Average Assets, quarterly | $833,695 |
| Volatile liabilities | $80,086 |
| Insider loans | $926,822 |
| FHLB advances | $901,144 |
| Loans and leases held for sale | $203,020 |
| Unused loan commitments | $301 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $492 |
| Total risk weighted assets | $203 |
| Total unused commitments | $197,934 |
| Restructured Loans and leases | $0 |
| Derivatives | $7,368 |
| Income and Expense (December 31, 2003) (Dollar figures in thousands) | |
| Total interest income | $45,496 |
| Total interest expense | $8,807 |
| Net interest income | $36,689 |
| Provision for loan and lease losses | $1,098 |
| Total noninterest income | $15,238 |
| Fiduciary activities | $6,473 |
| Service charges on deposit accounts | $4,710 |
| Trading account gains & fees | $64 |
| Additional noninterest income | $3,991 |
| Total noninterest expense | $25,914 |
| Salaries and employee benefits | $8,857 |
| Premises and equipment expense | $2,639 |
| Additional noninterest expense | $14,418 |
| Pre-tax net operating income | $24,915 |
| Securities gains (losses) | $44 |
| Applicable income taxes | $8,550 |
| Income before extraordinary items | $16,409 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $16,409 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $1,098 |
| Net operating income | $16,000 |
| Performance and Condition Ratios (December 31, 2003) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.32% |
| Cost of funding earning assets | 1.03% |
| Net interest margin | 4.29% |
| Noninterest income to earning assets | 1.78% |
| Noninterest expense to earning assets | 3.03% |
| Net operating income to assets | 1.77% |
| Return on assets (ROA) | 1.77% |
| Pretax return on assets | 2.69% |
| Return on equity (ROE) | 16.70% |
| Retained earnings to average equity (YTD only) | 0.42% |
| Net charge-offs to loans | 0.20% |
| Credit loss provision to net charge-offs | 100.00% |
| Efficiency ratio | 23.69% |
| Assets per employee | $49,874 |
| Cash dividends to net income (YTD only) | 4.47% |
| Condition Ratios (%) | |
| Loss allowance to loans | 97.51% |
| Loss allowance to noncurrent loans | 1.49% |
| Noncurrent assets plus other real estate owned to assets | 553.69% |
| Noncurrent loans to loans | 0.17% |
| Net loans and leases to deposits | 0.27% |
| Net loans and leases to core deposits | 85.46% |
| Equity capital to assets | 92.78% |
| Core capital (leverage) ratio | 10.67% |
| Tier 1 risk-based capital ratio | 10.03% |
| Total risk-based capital ratio | 15.09% |
| Memoranda | |
| Average assets | $16 |
| Average earning assets | $926,822 |
| Average equity | $98,279 |
| Average loans | $855,029 |
| Total Fiduciary and Related Assets (December 31, 2003) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $646,573 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $531,170 |
| Employee benefit-defined contribution accounts | $392,738 |
| Employee benefit-defined benefit accounts | $24,344 |
| Other retirement accounts | $22,113 |
| Corporate trust and agency accounts | $19,129 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $72,846 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 1119 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $115,403 |
| Corporate trust and agency accounts | $92,314 |
| Other fiduciary accounts | $8,712 |
| Fiduciary accounts held in foreign offices | $13,465 |
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