Commerce Bank of Arizona

3805 East Broadway Boulevard
Tucson, AZ 85716

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57279
Date Established 2002
Assets $0.20 billion
Loans $0.17 billion
Deposits $0.16 billion
Capital $0.02 billion

Commerce Bank of Arizona is an FDIC insured institution located in Tucson, AZ. It was founded in 2002 and has approximately $0.2 billion in assets. Customers can open an account at one of its 5 branches.

For a more detailed analysis of Commerce Bank of Arizona'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 of Arizona’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Arizona, Commerce Bank of Arizona has a significantly higher percent of Construction and Development 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 13.03
Multifamily
Mortgages
4.23
Credit Card Loans 0.00
Consumer Auto Loans 0.05
Small Business Loans 23.08
Construction and Development Loans 11.45
Commercial Real Estate 55.23
Commercial and Industrial Loans 16.77
Farm Loans 0.00

Deposit Rates - December 15, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $1,000 $25,000 Learn MoreShow Less
Money Market
0.25% $25,001 $100,000 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.15% $1,000 - Learn MoreShow Less
6 Mo CD
0.15% $1,000 - Learn MoreShow Less
Special: 12 Mo CD
1.85% $1,000 - Learn MoreShow Less
12 Mo CD
1.85% $1,000 - Learn MoreShow Less
Special: 15 Mo CD
2.00% $1,000 - Learn MoreShow Less
18 Mo CD
1.00% $1,000 - Learn MoreShow Less
24 Mo CD
0.45% $1,000 - Learn MoreShow Less
36 Mo CD
0.50% $1,000 - Learn MoreShow Less
48 Mo CD
0.80% $1,000 - Learn MoreShow Less
60 Mo CD
1.15% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.85% $1,000 - Learn MoreShow Less
Special: 12 Mo FIRA
1.85% $1,000 - Learn MoreShow Less
Special: 15 Mo FIRA
2.00% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,500 - Learn MoreShow Less

Loan Rates - December 15, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Commerce Bank of Arizona

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Bank
NMLS ID: 181005
4.791% 4.750% 0.13 $1,276 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.518% 4.500% 0.25 $540 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

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

Branches

Commerce Bank of Arizona 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 of Arizona Locations

Financial Details

Commerce Bank of Arizona Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commerce Bank of Arizona. 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 of Arizona U.S. Bank Average
25.43% 7.92%

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 June 30, 2018, Commerce Bank of Arizona had $4,084,000 in non-current loans and $2,559,000 in owned real estate. To cover these potential losses it had $23,141,000 in equity and $2,978,000 in loans loss reserves. That gives it a Texas Ratio of 25.43%.

Return on Equity
Commerce Bank of Arizona U.S. Bank Average
9.86% 9.77%

Commerce Bank of Arizona has a Return on Equity of 9.86% versus the BestCashCow average of 9.77%. 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 of Arizona U.S. Bank Average
11.64% 12.31%

Commerce Bank of Arizona has a Capitalization of 11.64% versus the BestCashCow average of 12.31. 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 of Arizona Balance Sheet Analysis

As of June 30, 2018, Commerce Bank of Arizona had assets of $198,829,000, loans of $167,313,000, and deposits of $164,880,000. 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

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.17 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.18 billion
LIABILITIES
Total deposits $0.16 billion
      Interest-bearing deposits $0.11 billion
      Deposits held in domestic offices $0.16 billion
      % insured (estimated) 85.84%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.18 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Commerce Bank Of Arizona

Branches and Savings

Is Commerce Bank Of Arizona FDIC insured?

Yes. It is covered under FDIC Certificate #57279.

Why does Commerce Bank Of Arizona 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 Of Arizona CD rates not competitive?

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

Is Commerce Bank Of Arizona a commercial bank?

Yes

Where are Commerce Bank Of Arizona locations?

See branch locations nearby.

Is Commerce Bank Of Arizona open on Saturdays?

Is Commerce Bank Of Arizona open on Sundays?

What time does Commerce Bank Of Arizona open?

What time does Commerce Bank Of Arizona close?

Are Commerce Bank Of Arizona ATMs Open 24/7?

Do Commerce Bank Of Arizona ATMs accept cash deposits?

Can Commerce Bank Of Arizona customers use other ATMs?

Do Commerce Bank Of Arizona branches have notaries?

Will Commerce Bank Of Arizona notarize my document?

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

Will the Commerce Bank Of Arizona branch print checks?

Do Commerce Bank Of Arizona checks expire?

Does Commerce Bank Of Arizona require US citizenship to open account?

Can Commerce Bank Of Arizona close my account?

Does Commerce Bank Of Arizona Report to credit bureaus?

Does Commerce Bank Of Arizona Use Equifax?

What is Commerce Bank Of Arizona's ACH Routing Number?

What is Commerce Bank Of Arizona's SWIFT code?

Products

Does Commerce Bank Of Arizona offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Commerce Bank Of Arizona offer personal loans?

Compare personal loan rates here.

Does Commerce Bank Of Arizona offer student loans?

Will Commerce Bank Of Arizona cash a check?

Will Commerce Bank Of Arizona redeem a savings bond?

Does Commerce Bank Of Arizona cash savings bonds?

Will Commerce Bank Of Arizona cash money orders?

Can Commerce Bank Of Arizona issue a money order?

Does Commerce Bank Of Arizona do currency exchange?

Background on The Bank

Who owns Commerce Bank Of Arizona?

How long has Commerce Bank Of Arizona been around?

Can Commerce Bank Of Arizona transfer to other banks?

Does Commerce Bank Of Arizona have quick pay?

Does Commerce Bank Of Arizona accept rolled coins?

Will Commerce Bank Of Arizona accept loose change?

Where is Commerce Bank Of Arizona headquarters?

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*All images, logos and public notes on this page appear courtesy of Commerce Bank Of Arizona and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.