Bank of Commerce (57491)

Bank of Commerce (57491) is headquartered in Duncan and is the 101^st largest bank in the state of Oklahoma. It is also the 3,871^st largest bank in the nation. It was established in 2002 and as of December of 2011, it had grown to 22 employees at 1 location. Bank of Commerce (57491)'s savings rates are 25% higher than the national average, and it has a 4-star health rating.

Bank of Commerce (57491) Checking Account Rates

Bank of Commerce (57491) Savings Account Rates

Bank of Commerce (57491) Money Market Rates

Bank of Commerce (57491) CD Rates

Bank of Commerce (57491) IRA Rates

Data for Q4 2011

Institution Statistics Bank of Commerce FDIC Certificate # 57491 BankRate Report View Year Established 2002 Employees 22 Primary Regulator FDIC Assets and Liabilities Assets $149.02 million Loans $107.97 million Deposits $117.44 million Equity Capital $16.23 million Loan Loss Allowance $1.56 million Unbacked Noncurrent Loans $5.23 million Historic Data - December 2010 Assets $135.06 million Equity Capital $13.47 million Loan Loss Allowance $1.49 million Unbacked Noncurrent Loans $1.44 million Profit Margin - Quarterly Net Interest Margin 4.66% Return on Assets 1.54% Return on Equity 14.86% Interest Income $8.40 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Commerce (57491) had $5.23 million in non-current loans and owned real-estate with $17.78 million in equity and loan loss allowances on hand to cover it. This gives Bank of Commerce (57491) a Texas Ratio of 29.40% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Commerce (57491) increased slightly from 9.65% as of December 31, 2010 to 29.40% as of December 31, 2011, resulting in a negative change of 204.86%. This indicates that the balance sheet and financial strength for Bank of Commerce (57491) has declined slightly in recent periods. Deposit Growth In the past year, Bank of Commerce (57491) has increased its total deposits by $7.43 million, resulting in 6.75% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Commerce (57491) has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Commerce (57491) has $149.02 million in assets with $17.78 million in equity, resulting in a capitalization level of 11.93%, which is above average.

No reviews have been left for this bank yet. Be the first to review.