The Bank of Commerce

3113 South 25th East
Ammon, ID 83406

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 18059
Date Established 1959
Assets $1.18 billion
Loans $0.85 billion
Deposits $0.99 billion
Capital $0.19 billion

The Bank of Commerce is an FDIC insured institution located in Ammon, ID. It was founded in 1959 and has approximately $1.18 billion in assets. Customers can open an account at one of its 16 branches.

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

Compared to other banks in Idaho, The Bank of Commerce has a significantly higher percent of Farm 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 5.71
Multifamily
Mortgages
2.14
Credit Card Loans 0.00
Consumer Auto Loans 0.42
Small Business Loans 9.10
Construction and Development Loans 11.07
Commercial Real Estate 27.90
Commercial and Industrial Loans 18.58
Farm Loans 22.32

Deposit Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $1 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $24,999 Learn MoreShow Less
Money Market
0.25% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
0.50% $10,000 $49,999 Learn MoreShow Less
3 Mo CD
0.50% $100,000 - Learn MoreShow Less
0.75% $10,000 $49,999 Learn MoreShow Less
6 Mo CD
0.75% $100,000 - Learn MoreShow Less
1.10% $10,000 $49,999 Learn MoreShow Less
12 Mo CD
1.10% $100,000 - Learn MoreShow Less
1.15% $10,000 $49,999 Learn MoreShow Less
18 Mo CD
1.15% $100,000 - Learn MoreShow Less
1.26% $10,000 $49,999 Learn MoreShow Less
24 Mo CD
1.26% $100,000 - Learn MoreShow Less
1.36% $10,000 $49,999 Learn MoreShow Less
36 Mo CD
1.36% $100,000 - Learn MoreShow Less
1.61% $10,000 $49,999 Learn MoreShow Less
48 Mo CD
1.61% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
1.15% $100 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.10% $500 $2,499 Learn MoreShow Less
Int Ckg
0.10% $2,500 - Learn MoreShow Less

Loan Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.560% 4.560% 0.00 $0 $1,276 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

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

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

Branches

The 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


The Bank of Commerce Locations


Financial Details

The Bank of Commerce Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The 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
The Bank of Commerce U.S. Bank Average
4.93% 7.34%

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 September 30, 2018, The Bank of Commerce had $8,310,000 in non-current loans and $1,321,000 in owned real estate. To cover these potential losses it had $185,857,000 in equity and $9,647,000 in loans loss reserves. That gives it a Texas Ratio of 4.93%.

Return on Equity
The Bank of Commerce U.S. Bank Average
13.09% 9.95%

The Bank of Commerce has a Return on Equity of 13.09% versus the BestCashCow average of 9.95%. 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
The Bank of Commerce U.S. Bank Average
15.77% 12.19%

The Bank of Commerce has a Capitalization of 15.77% versus the BestCashCow average of 12.19. 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.

The Bank of Commerce Balance Sheet Analysis

As of September 30, 2018, The Bank of Commerce had assets of $1,178,901,000, loans of $845,476,000, and deposits of $990,528,000. 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

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.12 billion
Interest-bearing balances $0.10 billion
Total securities $0.13 billion
Federal funds sold and reverse repurchase $0.04 billion
Net loans and leases $0.85 billion
Loan loss allowance $0.01 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 $0.02 billion
     Total Assets $0.99 billion
LIABILITIES
Total deposits $0.99 billion
      Interest-bearing deposits $0.55 billion
      Deposits held in domestic offices $0.99 billion
      % insured (estimated) 68.49%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.99 billion
      Shareholders’ Equity $0.19 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.04 billion
Total Interest Expense $0.00 billion
Net interest income $0.04 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.02 billion

Frequently Asked Questions About The Bank Of Commerce

Branches and Savings

Is The Bank Of Commerce FDIC insured?

Yes. It is covered under FDIC Certificate #18059.

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

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

Is The Bank Of Commerce a commercial bank?

Yes

Where are The Bank Of Commerce locations?

See branch locations nearby.

Is The Bank Of Commerce open on Saturdays?

Is The Bank Of Commerce open on Sundays?

What time does The Bank Of Commerce open?

What time does The Bank Of Commerce close?

Are The Bank Of Commerce ATMs Open 24/7?

Do The Bank Of Commerce ATMs accept cash deposits?

Can The Bank Of Commerce customers use other ATMs?

Do The Bank Of Commerce branches have notaries?

Will The Bank Of Commerce notarize my document?

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

Will the The Bank Of Commerce branch print checks?

Do The Bank Of Commerce checks expire?

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

Can The Bank Of Commerce close my account?

Does The Bank Of Commerce Report to credit bureaus?

Does The Bank Of Commerce Use Equifax?

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

What is The Bank Of Commerce's SWIFT code?

Products

Does The Bank Of Commerce offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does The Bank Of Commerce offer personal loans?

Compare personal loan rates here.

Does The Bank Of Commerce offer student loans?

Will The Bank Of Commerce cash a check?

Will The Bank Of Commerce redeem a savings bond?

Does The Bank Of Commerce cash savings bonds?

Will The Bank Of Commerce cash money orders?

Can The Bank Of Commerce issue a money order?

Does The Bank Of Commerce do currency exchange?

Background on The Bank

Who owns The Bank Of Commerce?

How long has The Bank Of Commerce been around?

Can The Bank Of Commerce transfer to other banks?

Does The Bank Of Commerce have quick pay?

Does The Bank Of Commerce accept rolled coins?

Will The Bank Of Commerce accept loose change?

Where is The Bank Of Commerce headquarters?

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