PackageTrendsPeer
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Commerce Bank of Southwest Florida

Fort Myers, FL · Cert 58016

FDIC

Q3 2009

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: Q3 2009, the quarter ended September 30, 2009, 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: FFIEC Call Report (031/041/051), 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 Bank of Southwest Florida

Fort Myers, FL · Cert 58016

FDIC

Q3 2009

$71.0MAssets
$52.8MLoans
$72.8MDeposits
$-2052KEquity
Loan mix
92%RE $39.0M8%C&I $3.4M0%Consumer $0.0MQ3 2008Q3 2009
Deposit mix
92%Interest-bearing $67.1M8%Noninterest $5.7MQ3 2008Q3 2009

NIM

7.32%Q3 ’076.52%Q3 ’083.91%Q3 ’09-16%-55%

Non-interest income vs. expense

4.56%Q3 ’073.92%Q3 ’084.89%Q3 ’09-8%+72%

Executive Summary

  • Earnings: ROA of -13.13%, down 839 bps year over year; NIM at 1.46%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 9.40%.
  • Funding: loans stand at 72.51% of deposits as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-13.13%-839 bps YoY

Net Interest Margin (YTD, annualized)

1.46%-180 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets-4.73%-4.09%-3.84%-5.94%-13.13%-839 bps
Return on Equity-62.60%-55.10%-58.67%-104.56%-360%-29,696 bps
Net Interest Margin3.27%3.21%1.71%1.58%1.46%-180 bps
Efficiency Ratio114.04%118.46%161.69%188.11%n/an/a
Non-Interest Burden3.75%3.83%2.86%3.09%6.46%+271 bps
Growth
Asset Growth (YoY)2.52%11.42%-10.21%-4.80%0.81%-172 bps
Loan Growth (YoY)8.63%-1.44%-15.89%-17.99%-20.96%-2,958 bps
Deposit Growth (YoY)-8.02%18.79%-6.65%0.64%26.33%+3,435 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.52%4.16%0.91%1.13%9.40%+588 bps
Allowance / Loans2.49%1.42%2.11%3.81%3.16%+67 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital10.61%10.10%9.28%6.66%-4.00%-1,461 bps
Equity / Assets8.18%6.89%6.19%3.97%-2.89%-1,107 bps
Liquidity & Funding
Loans / Deposits115.88%98.14%94.99%87.20%72.51%-4,337 bps
Liquid Assets / Assets0.11%11.71%10.91%18.81%14.79%+1,468 bps
CRE / Total Capitaln/an/an/an/an/an/an/a