National Bank of Commerce

Headquarters

600 Luckie Drive Suite 200
Birmingham, AL 35223
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

National Bank of Commerce is an FDIC insured institution located in Birmingham, AL. It was founded in 2004 and has approximately $4.28 billion in assets. Customers can open an account at one of its 35 branches.

FDIC Insured Yes
FDIC Certificate # 57764
Date Established 2004
Assets $ 4.21 billion
Loans $ 3.36 billion
Deposits $ 3.52 billion
Capital $ 690.39 million
 

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

Deposit Rates - July 4, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - July 4, 2020

Your Current Location: Virginia, VA 20146

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

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
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Note to National Bank of Commerce
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Branches

National Bank of Commerce 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


National Bank of Commerce Locations


Financial Details

National Bank of Commerce Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of National Bank of Commerce. 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
National Bank of Commerce U.S. Bank Average
2.13% 6.51%

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 December 31, 2019, National Bank of Commerce had $14,203,000 in non-current loans and $845,000 in owned real estate. To cover these potential losses it had $690,387,000 in equity and $16,762,000 in loans loss reserves. That gives it a Texas Ratio of 2.13%.

Return on Equity
National Bank of Commerce U.S. Bank Average
8.24% 9.41%

National Bank of Commerce has a Return on Equity of 8.24% versus the BestCashCow average of 9.41%. 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
National Bank of Commerce U.S. Bank Average
16.41% 12.82%

National Bank of Commerce has a Capitalization of 16.41% versus the BestCashCow average of 12.82. 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.

National Bank of Commerce Balance Sheet Analysis

As of March 31, 2019, National Bank of Commerce had assets of $4,276,651,000, loans of $3,358,764,000, and deposits of $3,519,251,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $ 265.40 million
Interest-bearing balances $ 178.24 million
Total securities $ 179.21 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.36 billion
Loan loss allowance $ 16.76 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.85 million
Goodwill and other intangibles $ 266.92 million
All other assets $ 107.96 million
     Total Assets $ 3.59 billion
LIABILITIES
Total deposits $ 3.52 billion
      Interest-bearing deposits $ 2.61 billion
      Deposits held in domestic offices $ 3.52 billion
      % insured (estimated) 42.83%
Federal funds purchased and repurchase agreements $ 18.83 million
Trading liabilities N.A.
Other borrowed funds $ 11.65 million
Subordinated debt N.A.
All other liabilities $ 36.53 million
      Total Liabilities $ 3.59 billion
      Shareholders’ Equity $ 620.54 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 52.35 million
Total Interest Expense $ 7.67 million
Net interest income $ 44.68 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 3.43 million
Total non interest expense $ 53.96 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

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

Compared to other banks in Alabama, National Bank of Commerce has a significantly higher percent of Commercial Real Estate 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 22.15
Multifamily
Mortgages
2.38
Credit Card Loans 0.00
Consumer Auto Loans 0.08
Small Business Loans 6.68
Construction and Development Loans 10.88
Commercial Real Estate 46.60
Commercial and Industrial Loans 16.01
Farm Loans 0.22

Frequently Asked Questions About National Bank Of Commerce

Branches and Savings

Is National Bank Of Commerce FDIC insured?

Yes. It is covered under FDIC Certificate #57764.

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

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

Why are National Bank Of Commerce CD rates not competitive?

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

Is National Bank Of Commerce a commercial bank?

Yes

Where are National Bank Of Commerce locations?

See branch locations nearby.

Is National Bank Of Commerce open on Saturdays?

Is National Bank Of Commerce open on Sundays?

What time does National Bank Of Commerce open?

What time does National Bank Of Commerce close?

Are National Bank Of Commerce ATMs Open 24/7?

Do National Bank Of Commerce ATMs accept cash deposits?

Can National Bank Of Commerce customers use other ATMs?

Do National Bank Of Commerce branches have notaries?

Will National Bank Of Commerce notarize my document?

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

Will the National Bank Of Commerce branch print checks?

Do National Bank Of Commerce checks expire?

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

Can National Bank Of Commerce close my account?

Does National Bank Of Commerce Report to credit bureaus?

Does National Bank Of Commerce Use Equifax?

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

What is National Bank Of Commerce's SWIFT code?

Products

Does National Bank Of Commerce offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does National Bank Of Commerce offer personal loans?

Compare personal loan rates here.

Does National Bank Of Commerce offer student loans?

Will National Bank Of Commerce cash a check?

Will National Bank Of Commerce redeem a savings bond?

Does National Bank Of Commerce cash savings bonds?

Will National Bank Of Commerce cash money orders?

Can National Bank Of Commerce issue a money order?

Does National Bank Of Commerce do currency exchange?

Background on The Bank

Who owns National Bank Of Commerce?

How long has National Bank Of Commerce been around?

Can National Bank Of Commerce transfer to other banks?

Does National Bank Of Commerce have quick pay?

Does National Bank Of Commerce accept rolled coins?

Will National Bank Of Commerce accept loose change?

Where is National Bank Of Commerce headquarters?

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