Commerce Bank Texas

Headquarters

112 West Fordtran Drive
Stockdale, TX 78160
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.70% 0.95% →
2-Year CD 0.90% 1.05% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Commerce Bank Texas is an FDIC insured institution located in Stockdale, TX. It was founded in 1932 and has approximately $0.05 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 15346
Date Established 1932
Assets $ 53.30 million
Loans $ 33.42 million
Deposits $ 43.31 million
Capital $ 9.83 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
18 Mo CD
0.80% $10,000 $14,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
0.90% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
36 Mo CD
0.95% $10,000 $14,999 Learn More
36 Mo CD
0.95% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Commerce Bank Texas

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Commerce Bank Texas
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Branches

Commerce Bank Texas 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:
Fairfield,Connecticut


Commerce Bank Texas Locations


Financial Details

Commerce Bank Texas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commerce Bank Texas. 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 Texas U.S. Bank Average
9.36% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, Commerce Bank Texas had $0 in non-current loans and $952,000 in owned real estate. To cover these potential losses it had $9,828,000 in equity and $338,000 in loans loss reserves. That gives it a Texas Ratio of 9.36%.

Return on Equity
Commerce Bank Texas U.S. Bank Average
3.47% 7.80%

Commerce Bank Texas has a Return on Equity of 3.47% versus the BestCashCow average of 7.80%. 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 Texas U.S. Bank Average
18.44% 12.68%

Commerce Bank Texas has a Capitalization of 18.44% versus the BestCashCow average of 12.68. 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 Texas Balance Sheet Analysis

As of March 31, 2020, Commerce Bank Texas had assets of $53,298,000, loans of $33,423,000, and deposits of $43,305,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 3.89 million
Interest-bearing balances $ 3.42 million
Total securities $ 11.19 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 33.42 million
Loan loss allowance $ 0.34 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.95 million
Goodwill and other intangibles $ 2.58 million
All other assets $ 0.56 million
     Total Assets $ 43.47 million
LIABILITIES
Total deposits $ 43.31 million
      Interest-bearing deposits $ 32.03 million
      Deposits held in domestic offices $ 43.31 million
      % insured (estimated) 78.35%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.17 million
      Total Liabilities $ 43.47 million
      Shareholders’ Equity $ 9.83 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.58 million
Total Interest Expense $ 0.07 million
Net interest income $ 0.51 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.02 million
Total non interest expense $ 0.43 million
Pre-tax Net Operating Income $ 0.11 million

Bank Loan Profile?

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

Compared to other banks in Texas, Commerce Bank Texas has a significantly higher percent of Small Business Loans, 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 24.21
Multifamily
Mortgages
1.02
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 16.25
Construction and Development Loans 26.87
Commercial Real Estate 23.65
Commercial and Industrial Loans 21.91
Farm Loans 0.11

Frequently Asked Questions About Commerce Bank Texas

Branches and Savings

Is Commerce Bank Texas FDIC insured?

Yes. It is covered under FDIC Certificate #15346.

Why does Commerce Bank Texas 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 Texas CD rates not competitive?

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

Is Commerce Bank Texas a commercial bank?

Yes

Where are Commerce Bank Texas locations?

See branch locations nearby.

Is Commerce Bank Texas open on Saturdays?

Is Commerce Bank Texas open on Sundays?

What time does Commerce Bank Texas open?

What time does Commerce Bank Texas close?

Are Commerce Bank Texas ATMs Open 24/7?

Do Commerce Bank Texas ATMs accept cash deposits?

Can Commerce Bank Texas customers use other ATMs?

Do Commerce Bank Texas branches have notaries?

Will Commerce Bank Texas notarize my document?

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

Will the Commerce Bank Texas branch print checks?

Do Commerce Bank Texas checks expire?

Does Commerce Bank Texas require US citizenship to open account?

Can Commerce Bank Texas close my account?

Does Commerce Bank Texas Report to credit bureaus?

Does Commerce Bank Texas Use Equifax?

What is Commerce Bank Texas's ACH Routing Number?

What is Commerce Bank Texas's SWIFT code?

Products

Does Commerce Bank Texas offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Commerce Bank Texas offer personal loans?

Compare personal loan rates here.

Does Commerce Bank Texas offer student loans?

Will Commerce Bank Texas cash a check?

Will Commerce Bank Texas redeem a savings bond?

Does Commerce Bank Texas cash savings bonds?

Will Commerce Bank Texas cash money orders?

Can Commerce Bank Texas issue a money order?

Does Commerce Bank Texas do currency exchange?

Background on The Bank

Who owns Commerce Bank Texas?

How long has Commerce Bank Texas been around?

Can Commerce Bank Texas transfer to other banks?

Does Commerce Bank Texas have quick pay?

Does Commerce Bank Texas accept rolled coins?

Will Commerce Bank Texas accept loose change?

Where is Commerce Bank Texas headquarters?

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