Commerce Bank/Delaware, National Association
Wilmington, DE — Domestic Branch of a Domestic Bank
Acquired May 2005
Vitals
-
Total Assets403.1M 18.0 %
-
Total Deposits378.8M 27.4 %
-
Total Net Loans127.3M 47.6 %
-
Net Income832000.0000 0.8 %
-
Book Value22.7M 7.5 %
-
Book Value x245.3M 7.5 %
-
Book Value x368.0M 7.5 %
Balance Sheet Highlights
Financial Highlights | Commerce Bank/Delaware, National Association | All Insured Commercial Banks in Delaware |
Balance Sheet $(000) | ||
Total Assets | 403,083 | 1,125,378 |
Total Net Loans | 127,318 | 5,154,390 |
Total Deposits | 378,803 | 529,851 |
Total Equity | 22,655 | 200,521 |
Profitability | ||
Net Income | 832 | 21,579 |
Return on Average Assets | .847 | 7.575 |
Return on Average Equity | 14.577 | 24.416 |
Net Interest Margin | 4.105 | 3.739 |
Efficiency Ratio | 68.002 | 51.568 |
Noninterest Income/Revenue | 21.292 | 74.075 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 33.611 | 656.198 |
Securities/Assets | .483 | 1.269 |
Total Equity/Total Assets | .056 | .178 |
Tangible Equity/Tangible Assets | .056 | -.101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 23,832 | 140,592 |
Tier 2 Capital | 1,501 | 231,122 |
Total Capital | 25,333 | 158,728 |
Total Risk Weighted Assets | 207,007 | 761,031 |
Leverage Ratio | 6.06 | 21.745 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.51 | 36.566 |
Total Capital Ratio | 12.24 | 38.582 |
Timeline for Commerce Bank/Delaware, National Association
Commerce Bank, National Association
Commerce Bank/Delaware, National Association was acquired by Commerce Bank, National Association 19 years
View Profile May 01 2005Commerce Bank/Delaware, National Association
Commerce Bank/Delaware, National Association was established 24 years ago and is currently headquartered in Wilmington, DE.
Dec 18 1999Commerce Bancorp, Llc
Commerce Bancorp, Llc became a new parent organization for Commerce Bank/Delaware, National Association.
View Profile Dec 18 1999Delaware Asset Management
Delaware Asset Management became a new subsidiary organization for Commerce Bank/Delaware, National Association.
View Profile Dec 18 1999Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Commerce Bank, National Association | Buyer | 51,373,714 | Pooling of Interests | Discontinued | 5/1/2005 |
Relationships | Role | Relationship Start | Relationship End |
Commerce Bancorp, Llc | Parent | 12/18/1999 | 4/30/2005 |
Delaware Asset Management | Subsidary | 12/18/1999 | 4/30/2005 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
The City National Bank Of Metropolis
|
Metropolis | IL | 399.6M |
Texas Citizens Bank, National Association
|
Pasadena | TX | 402.6M |
Greenville National Bank
|
Greenville | OH | 401.0M |
The National Capital Bank Of Washington
|
Washington | DC | 406.5M |
Executive National Bank
|
Miami | FL | 391.0M |
Community National Bank
|
Seneca | KS | 398.3M |
Fsnb, National Association
|
Lawton | OK | 390.0M |
Exchange National Bank & Trust Co.
|
Atchison | KS | 396.0M |
Fidelity National Bank
|
West Memphis | AR | 395.8M |
Citizens National Bank
|
Cameron | TX | 405.4M |