Commerce Bank/Pennsylvania, National Association
Philadelphia, PA — Domestic Branch of a Domestic Bank
Acquired Jul 2005
Vitals
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Total Assets6.4B 29.4 %
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Total Deposits6.1B 29.7 %
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Total Net Loans1.6B 21.6 %
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Net Income33.6M 10.3 %
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Book Value365.9M 27.4 %
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Book Value x2731.9M 27.4 %
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Book Value x31.1B 27.4 %
Balance Sheet Highlights
Financial Highlights | Commerce Bank/Pennsylvania, National Association | All Insured Commercial Banks in Pennsylvania |
Balance Sheet $(000) | ||
Total Assets | 6,446,659 | 426,553 |
Total Net Loans | 1,553,429 | 266,545 |
Total Deposits | 6,061,125 | 324,284 |
Total Equity | 365,949 | 42,472 |
Profitability | ||
Net Income | 33,567 | 9,765 |
Return on Average Assets | 1.139 | 1.162 |
Return on Average Equity | 19.173 | 11.592 |
Net Interest Margin | 3.636 | 3.702 |
Efficiency Ratio | 54.302 | 66.613 |
Noninterest Income/Revenue | 10.562 | 16.961 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 25.629 | 78.972 |
Securities/Assets | .618 | .478 |
Total Equity/Total Assets | .057 | .1 |
Tangible Equity/Tangible Assets | .057 | -.101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 367,134 | 38,246 |
Tier 2 Capital | 17,313 | 3,268 |
Total Capital | 384,447 | 41,622 |
Total Risk Weighted Assets | 2,672,905 | 303,418 |
Leverage Ratio | 6.05 | 10.035 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.74 | 15.459 |
Total Capital Ratio | 14.38 | 16.645 |
Timeline for Commerce Bank/Pennsylvania, National Association
Commerce Bank, National Association
Commerce Bank/Pennsylvania, National Association was acquired by Commerce Bank, National Association 18 years
View Profile Jul 30 2005S.L. Properties
S.L. Properties became a new subsidiary organization for Commerce Bank/Pennsylvania, National Association.
View Profile Dec 28 1993Commerce Bancorp, Llc
Commerce Bancorp, Llc became a new parent organization for Commerce Bank/Pennsylvania, National Association.
View Profile Jan 02 1987Commerce Bank/Pennsylvania, National Association
Commerce Bank/Pennsylvania, National Association was established 39 years ago and is currently headquartered in Philadelphia, PA.
Jun 29 1984Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Commerce Bank, National Association | Buyer | 51,373,714 | Pooling of Interests | Discontinued | 7/30/2005 |
Relationships | Role | Relationship Start | Relationship End |
Commerce Bancorp, Llc | Parent | 1/2/1987 | 7/29/2005 |
S.L. Properties | Subsidary | 12/28/1993 | 8/31/2001 |
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