Commerce Bank Of Southwest Florida
Fort Myers, FL — Non-member Bank
Acquired Nov 2009
Vitals
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Total Assets71.0M 0.8 %
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Total Deposits72.8M 26.3 %
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Total Net Loans51.1M -21.5 %
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Net Income
-
Book Value
-
Book Value x2
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Book Value x3
Balance Sheet Highlights
Financial Highlights | Commerce Bank Of Southwest Florida | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 70,997 | 307,704 |
Total Net Loans | 51,135 | 208,453 |
Total Deposits | 72,821 | 251,126 |
Total Equity | — | 29,625 |
Profitability | ||
Net Income | — | 2,670 |
Return on Average Assets | — | .602 |
Return on Average Equity | — | 6.111 |
Net Interest Margin | 1.606 | 3.06 |
Efficiency Ratio | — | 109.217 |
Noninterest Income/Revenue | 19.296 | |
Balance Sheet Ratios | ||
Loan-to-Deposit | 70.22 | 82.476 |
Securities/Assets | .004 | .312 |
Total Equity/Total Assets | .096 | |
Tangible Equity/Tangible Assets | -.175 | |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | — | 26,370 |
Tier 2 Capital | — | 3,336 |
Total Capital | — | 29,750 |
Total Risk Weighted Assets | 51,342 | 226,208 |
Leverage Ratio | — | 9.658 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | — | 13.352 |
Total Capital Ratio | — | 14.666 |
Timeline for Commerce Bank Of Southwest Florida
Commerce Bank Of Southwest Florida was acquired by 14 years
Nov 21 2009Central Bank
Commerce Bank Of Southwest Florida was acquired by Central Bank 14 years
View Profile Nov 21 2009Florida Commerce Bancorp, Inc.
Florida Commerce Bancorp, Inc. became a new parent organization for Commerce Bank Of Southwest Florida.
View Profile Dec 31 2007Commerce Bank Of Southwest Florida
Commerce Bank Of Southwest Florida was established 18 years ago and is currently headquartered in Fort Myers, FL.
Sep 14 2005Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Central Bank | Buyer | 1,243,458 | Failure | 11/21/2009 |
Relationships | Role | Relationship Start | Relationship End |
Florida Commerce Bancorp, Inc. | Parent | 12/31/2007 | 11/20/2009 |
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