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Commerce

Commerce, CA · Charter 16326

Q4 2007

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2007, the quarter ended December 31, 2007, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Commerce

Commerce, CA · Charter 16326

Q4 2007

$24.1MAssets
$13.0MLoans
$20.8MShares
$3.0MNet Worth

Executive Summary

  • Earnings: ROA of -0.28%, down 19 bps year over year; NIM at 2.88%.
  • Asset quality: problem loans at 2.67% of loans (+148 bps YoY).
  • Capital: net worth / assets of 12.63%, up 7 bps from a year ago.
  • Funding: loans stand at 62.25% of shares as of Q4 2007.

Return on Assets (YTD, annualized)

-0.28%-19 bps YoY

Net Interest Margin (YTD, annualized)

2.88%-15 bps YoY

Efficiency Ratio (YTD, annualized)

92.49%-382 bps YoY

Net Worth / Assets

12.63%+7 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets0.04%0.03%0.03%-0.09%0.05%0.03%0.03%-0.28%-19 bps
Return on Equity0.32%0.24%0.22%-0.72%0.43%0.24%0.25%-2.21%-149 bps
Net Interest Margin3.03%3.06%3.08%3.03%2.89%2.79%2.86%2.88%-15 bps
Efficiency Ratio94.86%96.08%94.57%96.32%88.71%89.17%88.85%92.49%-382 bps
Growth
Asset Growth (YoY)-6.01%-7.67%-9.68%-7.00%-6.02%-3.08%-2.45%-2.71%+428 bps
Loan Growth (YoY)7.15%8.55%4.73%0.39%-4.48%-6.95%-5.37%-6.70%-709 bps
Share Growth (YoY)-7.06%-8.96%-11.18%-8.09%-6.98%-3.50%-2.82%-2.76%+533 bps
Asset Quality
Delinquent Loans / Loans0.68%0.97%0.92%1.18%1.12%1.41%1.31%2.67%+148 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.45%0.43%0.53%0.61%0.64%0.60%0.55%0.89%+27 bps
Capital
Risk-Based Capital11.84%12.13%12.51%12.56%12.52%12.42%12.74%12.63%+7 bps
Net Worth / Assets11.84%12.13%12.51%12.56%12.52%12.42%12.74%12.63%+7 bps
Liquidity & Funding
Loans / Shares60.99%63.65%64.14%64.88%62.63%61.38%62.45%62.25%-263 bps
Liquid Assets / Assets11.55%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps