Commerce Bank

1000 Walnut Street
Kansas City, MO 64106

Phone: 800 453 2265

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 24998
Date Established 1984
Assets $25.38 billion
Loans $14.00 billion
Deposits $20.55 billion
Capital $2.59 billion

Commerce Bank is an FDIC insured institution located in Kansas City, MO. It was founded in 1984 and has approximately $25.38 billion in assets. Customers can open an account at one of its 196 branches.

For a more detailed analysis of Commerce Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Commerce Bank’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Missouri, Commerce Bank has a significantly higher percent of Credit Card Loans, Consumer Auto Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 19.98
Multifamily
Mortgages
2.92
Credit Card Loans 5.81
Consumer Auto Loans 6.50
Small Business Loans 2.69
Construction and Development Loans 6.17
Commercial Real Estate 16.46
Commercial and Industrial Loans 21.64
Farm Loans 0.95

Deposit Rates - June 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.02% $1,000 - Learn MoreShow Less
Premium Money Market Account
0.02% $10,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.02% $10,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.05% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.05% $2,500 - Learn MoreShow Less
3 Mo CD
0.20% $2,500 - Learn MoreShow Less
3 Mo CD
0.15% $2,500 - Learn MoreShow Less
6 Mo CD
0.10% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
0.20% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
0.15% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
0.10% $50,000 - Learn MoreShow Less
6 Mo CD
0.20% $50,000 - Learn MoreShow Less
6 Mo CD
0.15% $50,000 - Learn MoreShow Less
Special: 11 Mo CD
2.10% $25,000 $500,000 Learn MoreShow Less
Special: 11 Mo CD
2.25% $25,000 - Learn MoreShow Less
0.25% $10,000 $24,999 Learn MoreShow Less
12 Mo CD
0.25% $50,000 - Learn MoreShow Less
0.25% $10,000 $24,999 Learn MoreShow Less
Special: 18 Mo CD
2.50% $25,000 $500,000 Learn MoreShow Less
Special: 18 Mo CD
2.30% $25,000 $500,000 Learn MoreShow Less
Special: 18 Mo CD
2.35% $25,000 $500,000 Learn MoreShow Less
18 Mo CD
0.25% $50,000 - Learn MoreShow Less
0.30% $10,000 $24,999 Learn MoreShow Less
24 Mo CD
0.30% $50,000 - Learn MoreShow Less
0.30% $10,000 $24,999 Learn MoreShow Less
30 Mo CD
0.25% $10,000 $24,999 Learn MoreShow Less
36 Mo CD
0.35% $10,000 $24,999 Learn MoreShow Less
36 Mo CD
0.35% $50,000 - Learn MoreShow Less
48 Mo CD
0.40% $10,000 $24,999 Learn MoreShow Less
48 Mo CD
0.40% $50,000 - Learn MoreShow Less
48 Mo CD
0.45% $50,000 - Learn MoreShow Less
60 Mo CD
0.45% $10,000 $24,999 Learn MoreShow Less
60 Mo CD
0.45% $50,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $1,000 $9,999 Learn MoreShow Less
Fixed IRA
0.25% $1,000 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
2.44% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $999 Learn MoreShow Less
Int Ckg
0.01% $1,000 - Learn MoreShow Less
Checking Rates APY MIN FEE
CommerceBasic Checking 0.00% $300 $8.00 Learn MoreShow Less
CommerceInterest Checking 0.06% $500 $10.00 Learn MoreShow Less
CommerceRelationship Checking 0.06% $5,000 $20.00 Learn MoreShow Less

Loan Rates - June 24, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Commerce Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Commerce Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Commerce Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Commerce Bank Locations


Financial Details

Commerce Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commerce Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Commerce Bank U.S. Bank Average
1.26% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2018, Commerce Bank had $29,194,000 in non-current loans and $5,437,000 in owned real estate. To cover these potential losses it had $2,587,989,000 in equity and $159,932,000 in loans loss reserves. That gives it a Texas Ratio of 1.26%.

Return on Equity
Commerce Bank U.S. Bank Average
17.08% 8.80%

Commerce Bank has a Return on Equity of 17.08% versus the BestCashCow average of 8.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Commerce Bank U.S. Bank Average
10.2% 12.29%

Commerce Bank has a Capitalization of 10.2% versus the BestCashCow average of 12.29. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Commerce Bank Balance Sheet Analysis

As of December 31, 2018, Commerce Bank had assets of $25,383,765,000, loans of $14,001,054,000, and deposits of $20,550,471,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $1.22 billion
Interest-bearing balances $0.69 billion
Total securities $8.53 billion
Federal funds sold and reverse repurchase $0.70 billion
Net loans and leases $14.00 billion
Loan loss allowance $0.16 billion
Trading account assets $0.03 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.15 billion
All other assets $0.41 billion
     Total Assets $22.80 billion
LIABILITIES
Total deposits $20.55 billion
      Interest-bearing deposits $13.34 billion
      Deposits held in domestic offices $20.55 billion
      % insured (estimated) 59.95%
Federal funds purchased and repurchase agreements $1.96 billion
Trading liabilities $0.01 billion
Other borrowed funds $0.05 billion
Subordinated debt $0.00 billion
All other liabilities $0.23 billion
      Total Liabilities $22.80 billion
      Shareholders’ Equity $2.59 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.87 billion
Total Interest Expense $0.07 billion
Net interest income $0.81 billion
Provision for loan and lease losses $0.04 billion
Total non interest income $0.50 billion
Total non interest expense $0.73 billion
Pre-tax Net Operating Income $0.53 billion

Frequently Asked Questions About Commerce Bank

Branches and Savings

Is Commerce Bank FDIC insured?

Yes. It is covered under FDIC Certificate #24998.

Why does Commerce Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Commerce Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Commerce Bank a commercial bank?

Yes

Where are Commerce Bank locations?

See branch locations nearby.

Is Commerce Bank open on Saturdays?

Is Commerce Bank open on Sundays?

What time does Commerce Bank open?

What time does Commerce Bank close?

Are Commerce Bank ATMs Open 24/7?

Do Commerce Bank ATMs accept cash deposits?

Can Commerce Bank customers use other ATMs?

Do Commerce Bank branches have notaries?

Will Commerce Bank notarize my document?

What address for Commerce Bank should I put for incoming ACH transfers?

Will the Commerce Bank branch print checks?

Do Commerce Bank checks expire?

Does Commerce Bank require US citizenship to open account?

Can Commerce Bank close my account?

Does Commerce Bank Report to credit bureaus?

Does Commerce Bank Use Equifax?

What is Commerce Bank's ACH Routing Number?

What is Commerce Bank's SWIFT code?

Products

Does Commerce Bank offer mortgages?

Compare mortgage rates here.

Does Commerce Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Commerce Bank offer personal loans?

Compare personal loan rates here.

Does Commerce Bank offer student loans?

Will Commerce Bank cash a check?

Will Commerce Bank redeem a savings bond?

Does Commerce Bank cash savings bonds?

Will Commerce Bank cash money orders?

Can Commerce Bank issue a money order?

Does Commerce Bank do currency exchange?

Background on The Bank

Who owns Commerce Bank?

How long has Commerce Bank been around?

Can Commerce Bank transfer to other banks?

Does Commerce Bank have quick pay?

Does Commerce Bank accept rolled coins?

Will Commerce Bank accept loose change?

Where is Commerce Bank headquarters?

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