Commerce National Bank
Newport Beach, CA — Domestic Branch of a Domestic Bank
Acquired Oct 2013
Vitals
-
Total Assets244.8M 1.3 %
-
Total Deposits189.4M -9.7 %
-
Total Net Loans160.0M 9.9 %
-
Net Income282000.0000 -75.0 %
-
Book Value28.9M -2.1 %
-
Book Value x257.8M -2.1 %
-
Book Value x386.7M -2.1 %
Balance Sheet Highlights
Financial Highlights | Commerce National Bank | All Insured Commercial Banks in California |
Balance Sheet $(000) | ||
Total Assets | 244,834 | 803,312 |
Total Net Loans | 160,049 | 509,507 |
Total Deposits | 189,406 | 610,640 |
Total Equity | 28,912 | 109,052 |
Profitability | ||
Net Income | 282 | 7,278 |
Return on Average Assets | .154 | .832 |
Return on Average Equity | 1.272 | 6.639 |
Net Interest Margin | 3.766 | 3.893 |
Efficiency Ratio | 93.674 | 74.229 |
Noninterest Income/Revenue | 12.132 | 13.267 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 84.501 | 77.449 |
Securities/Assets | .276 | .146 |
Total Equity/Total Assets | .118 | .136 |
Tangible Equity/Tangible Assets | .116 | .127 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 30,344 | 95,036 |
Tier 2 Capital | 2,286 | 7,495 |
Total Capital | 32,630 | 102,515 |
Total Risk Weighted Assets | 180,724 | 569,688 |
Leverage Ratio | 12.34 | 11.783 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 16.79 | 16.216 |
Total Capital Ratio | 18.06 | 17.498 |
Timeline for Commerce National Bank
Sterling Savings Bank
Commerce National Bank was acquired by Sterling Savings Bank 10 years
View Profile Oct 01 2013Commerce National Bank
Commerce National Bank was established 20 years ago and is currently headquartered in Newport Beach, CA.
Dec 17 2003Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Sterling Savings Bank | Buyer | 10,214,194 | Acquisition | Discontinued | 10/1/2013 |
Relationships | Role | Relationship Start | Relationship End |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Lone Star Capital Bank, National Association
|
San Antonio | TX | 243.8M |
The Farmers National Bank Of Scottsville
|
Scottsville | KY | 243.4M |
First National Bank Of Jasper
|
Jasper | TX | 247.3M |
The Jacksboro National Bank
|
Jacksboro | TX | 242.1M |
The First National Bank And Trust Company Of Okmulgee
|
Okmulgee | OK | 249.8M |
American National Bank Of Minnesota
|
Baxter | MN | 239.6M |
The First National Bank Of Mcgregor
|
Mc Gregor | TX | 243.6M |
The First National Bank Of Manchester
|
Manchester | TN | 246.2M |
Fort Hood National Bank
|
Fort Hood | TX | 250.8M |
The Cattle National Bank And Trust Company
|
Seward | NE | 250.9M |