Global Commerce Bank
Doraville, GA — Non-member Bank
Acquired Mar 2012
Vitals
-
Total Assets143.7M -7.4 %
-
Total Deposits116.8M -4.0 %
-
Total Net Loans67.0M -30.1 %
-
Net Income-7818000.0000 1.9 %
-
Book Value1.1M -85.4 %
-
Book Value x22.3M -85.4 %
-
Book Value x33.4M -85.4 %
Balance Sheet Highlights
| Financial Highlights | Global Commerce Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 143,678 | 200,829 |
| Total Net Loans | 67,038 | 122,730 |
| Total Deposits | 116,813 | 174,340 |
| Total Equity | 1,143 | 17,873 |
| Profitability | ||
| Net Income | -7,818 | -385 |
| Return on Average Assets | -5.128 | -.18 |
| Return on Average Equity | -168.535 | -5.591 |
| Net Interest Margin | 2.194 | 3.778 |
| Efficiency Ratio | 233.679 | 86.295 |
| Noninterest Income/Revenue | 12.116 | 11.412 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 57.389 | 68.72 |
| Securities/Assets | .237 | .168 |
| Total Equity/Total Assets | .008 | .089 |
| Tangible Equity/Tangible Assets | .008 | .088 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 889 | 16,449 |
| Tier 2 Capital | 889 | 1,649 |
| Total Capital | 1,778 | 18,113 |
| Total Risk Weighted Assets | 82,593 | 133,269 |
| Leverage Ratio | .58 | 9.046 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.08 | 14.074 |
| Total Capital Ratio | 2.15 | 15.321 |
Timeline for Global Commerce Bank
Metro City Bank
Global Commerce Bank was acquired by Metro City Bank 12 years
View Profile Mar 03 2012
Global Commerce Bank
Global Commerce Bank was established 28 years ago and is currently headquartered in Doraville, GA.
Aug 18 1995| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Metro City Bank | Buyer | 960,566 | Failure | 3/3/2012 |
| Relationships | Role | Relationship Start | Relationship End |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
American Trust Bank Of East Tennessee
|
Knoxville | TN | 142.0M |
|
Southern Bank & Trust
|
Clarkesville | GA | 141.9M |
|
Quoin Financial Bank
|
Miller | SD | 146.5M |
|
Davis Trust Company
|
Elkins | WV | 146.7M |
|
State Bank Of Herscher
|
Herscher | IL | 143.4M |
|
Citizens Bank & Trust Co.
|
Marks | MS | 143.3M |
|
American Bank & Trust Wisconsin
|
Cuba City | WI | 148.2M |
|
Bank Of The Southwest
|
Roswell | NM | 142.8M |
|
Hometown Bank Of Pennsylvania
|
Bedford | PA | 144.7M |
|
Bank Of Winnfield & Trust Company
|
Winnfield | LA | 143.9M |