PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Commerce Bank

Aurora, CO · Cert 22268

FDIC

Q2 2007

$102.3MAssets
$74.5MLoans
$72.2MDeposits
$8.2MEquity
Loan mix
64%RE $35.5M36%C&I $20.2M0%Consumer $0.1MQ3 2005Q2 2007
Deposit mix
69%Interest-bearing $49.9M31%Noninterest $22.3MQ3 2005Q2 2007

Executive Summary

  • Earnings: ROA of 2.25%, down 45 bps year over year; NIM at 5.55%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.46%.
  • Funding: loans stand at 103.15% of deposits as of Q2 2007.

Return on Assets (YTD, annualized)

2.25%-45 bps YoY

Net Interest Margin (YTD, annualized)

5.55%-38 bps YoY

Efficiency Ratio (YTD, annualized)

58.64%-9 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.11%Q2 ’057.04%Q2 ’067.32%Q2 ’07+11%-6%

Non-interest income vs. expense

4.04%Q2 ’053.95%Q2 ’063.68%Q2 ’07+1%-6%

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets2.23%2.40%2.66%2.70%2.70%2.68%2.42%2.25%-45 bps
Return on Equity23.94%25.91%29.84%30.25%30.05%29.76%27.36%26.27%-399 bps
Net Interest Margin5.32%5.49%5.73%5.93%5.97%5.89%5.79%5.55%-38 bps
Efficiency Ratio63.49%61.76%58.24%58.73%59.08%59.46%60.89%58.64%-9 bps
Non-Interest Burden3.05%3.04%3.03%3.15%3.19%3.18%3.25%2.96%-20 bps
Growth
Asset Growth (YoY)-0.27%3.47%6.32%2.90%2.37%2.93%7.40%8.78%+589 bps
Loan Growth (YoY)9.25%6.44%2.27%-1.01%-5.42%4.25%11.79%12.31%+1,333 bps
Deposit Growth (YoY)5.03%6.53%5.02%0.60%-1.50%-3.86%3.49%-5.34%-594 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.04%0.10%0.01%0.00%0.01%0.01%0.06%0.46%+46 bps
Allowance / Loans0.89%0.86%0.91%0.92%0.97%0.90%0.86%0.84%-8 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital13.52%13.44%13.74%13.58%13.72%13.00%12.56%11.89%-169 bps
Equity / Assets9.22%9.06%8.79%8.90%9.14%9.09%8.58%8.03%-87 bps
Liquidity & Funding
Loans / Deposits89.38%85.56%84.29%86.93%85.82%92.78%91.05%103.15%+1,622 bps
Liquid Assets / Assets0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.02%-1 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a