# BANK OF COMMERCE
SARASOTA, FL · FDIC certificate 35451 · asset band <$300M · latest filing 2016-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 9 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $182.6M | |
| Deposits | $142.2M | |
| Loans and leases | $128.3M | |
| Total equity | $4.4M | |
| Loans / deposits | 88.71% (p76 of band) | 74.46% |
| Liquid assets / assets | 24.03% (p33 of band) | |
| Uninsured deposits / deposits | 9.85% (p28 of band) | 14.82% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 16.43% (p93 of band) | |
| FHLB advances / assets | 16.43% | |
| Tier 1 leverage | 2.98% (p0 of band) | 10.76% |
| Unrealized securities loss / equity | -27.89% (p0 of band) | -0.86% |
| AOCI / equity | -8.52% (p4 of band) | |
| ROA (annualized) | -0.09% (p6 of band) | 0.85% |
| Net interest margin | 2.91% (p15 of band) | 3.68% |
| Efficiency ratio | 129.22% (p98 of band) | |
| Noncurrent loans | 1.46% (p74 of band) | 0.62% |
| Net charge-offs (annualized) | -0.36% (p1 of band) | |
| Reserve coverage of noncurrent | 115.56% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 145.91% (p98 of band) | |
| Auto loans | $27,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -15.7% | |
| Employees | 30 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | leverage <7%, leverage <5%, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 | losing money |  |
| 2011-09 | 8 | charge-offs p90 |  |
| 2011-12 | 8 |  |  |
| 2012-03 | 10 | expense ratio p90, deposits shrinking, assets shrinking | losing money |
| 2012-06 | 9 |  | deposits shrinking |
| 2012-09 | 11 | deposits shrinking, uninsured deposits leaving |  |
| 2012-12 | 10 |  | noncurrent p90 |
| 2013-03 | 9 | losing money | charge-offs p90, uninsured deposits leaving |
| 2013-06 | 12 | capital falling, AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2013-09 | 9 |  | reserve under noncurrent, assets shrinking, deposits shrinking |
| 2013-12 | 10 | assets shrinking |  |
| 2014-03 | 8 |  | AOCI drag >20% of equity, assets shrinking |
| 2014-06 | 8 | reserve under noncurrent | capital falling |
| 2014-09 | 8 | deposits shrinking, uninsured deposits leaving | securities losses >30% of equity, reserve under noncurrent |
| 2014-12 | 6 |  | deposits shrinking, uninsured deposits leaving |
| 2015-03 | 6 | charge-offs p90 | losing money |
| 2015-06 | 7 | AOCI drag >20% of equity |  |
| 2015-09 | 6 | losing money | charge-offs p90, AOCI drag >20% of equity |
| 2015-12 | 6 |  |  |
| 2016-03 | 5 |  | losing money |
| 2016-06 | 4 |  | construction >100% equity |
| 2016-09 | 7 | wholesale funding >15%, deposits shrinking, assets shrinking |  |
| 2016-12 | 9 | losing money, construction >100% equity |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2017-03-01 [Bank of Commerce sale closes - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMinAFBVV95cUxPTmd2Y1M4SExnNUIxM2VkSTByek5FOVUwMFMzMkxWN01oYWFkd09GY3VRbTRDU0FYYXJKSWhCVTZkTnFiNHdMMHNaSEtLQlBkbkQ5aEttLXF4Rlh0clljZnl4cHJYaWs2SHB5Z1o2MWU2MVR3NnZ4cmRqdGtuNzV6OVZVNkxyb0JJbGFabHF2aHN4S21xbXRhSng3cnI?oc=5) · Sarasota Herald-Tribune
- 2016-05-10 [Sunshine Bancorp acquires Florida Bank of Commerce - Lakeland Ledger](https://news.google.com/rss/articles/CBMitgFBVV95cUxObDloRzduaGhJRktLckpIXzR1RHZXMDlFX1JkMXNmUkkwdVRNVDZHMDdfNWVNekRhSENSNkhTM0h6Q2xIdDhpeFV2V0RtdDdQcEV2cWd3UlBNNV9TdEpKWWxTZ2JKdlduMUFjV0pOc3pOeFJuUnBOaURWLUJZdEUzV1I4UE9GR1hLaThtR0tULTl1SnB1bVdfa01uRl9rUVNLbld6enNSTDR6VVZoSUIwekRCVHYyZw?oc=5) · Lakeland Ledger
- 2025-06-16 [Missouri-based Commerce Bancshares will buy Florida bank for $585 million - Springfield News-Leader](https://news.google.com/rss/articles/CBMi1AFBVV95cUxPMHF6YlFJaldtbDdJbDVPNXBFME1PWjZJb3NmbUZJTkR3NFlLOHI1Nkk1N004TG11WlRzc3VkUXRiaU12elBOVWZVVTVfdjRSLXNWUk5kbHJFWWlsZnJhMlI4MG16Wnh0cFZicFdBU3VOZ2NRdk5xQmdTbDRTMG85MUlRejhWVERRRzAwS0U0Z1RYd3Q3dkE5VlBUS3pxSkVYV19MbERNWi1CNGoteWJkZmViakNIOWZLS3pZR0RDTHkzRUhfNzhHa2ZsaTh0WTJxa2lyVQ?oc=5) · Springfield News-Leader
- 2019-04-01 [CenterState Bank Corporation Completes Acquisition of National Commerce Corporation - PR Newswire](https://news.google.com/rss/articles/CBMi1gFBVV95cUxQLUx1Z0d1bm9UWkV4dzVpenRtTEhaZHFUdEhxSDVDTWZia1JKU0dtZ3ZPeWJCUzNaYVZQTE0wM2dEb2VpY1dnb0V6R1loWTVNM01DVUlzM0szcmJKeVQ4SWhmNndrNlVFMGwtUWRtT01yRHJxU2dFSEZ0WF9EZ2lRNUNDbjdsSDZtWEhzbERfcGhwSjljMXVLQTVRVVY1MXhjcVZGZHIzZFJOSDVINk5ub21LQ05wZzVWdmtDaEJERzM5SjBuSnhPNHowellUVXZKbVJDZHBB?oc=5) · PR Newswire
- 2016-11-01 [Sunshine Bancorp completes Florida Bank of Commerce merger - Plant City Observer](https://news.google.com/rss/articles/CBMilAFBVV95cUxQSFBPLXE0bndYRF83cmJ2R3Y2Mzd6VTUwdU1ad1MtR1hZTERsSUJaeDdhNFVPdzUzVzBaZXN4aGJrMW1ZWFhhRzNaMEMyRjRjR1hxNW5PZUNCcVJodkdkRXViSHFBT2xvRFFkaGFZRGlpb1ZjQ0ZCa2lmbm84eE1tZ2R1NmliZWlmUjRMcUxubUJ3TlNw?oc=5) · Plant City Observer
- 2017-08-16 [National Bank of Commerce parent buys Florida bank - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxNQ0sxWHpSdEJjN1ZlSkRDTGVvZlNNMWw0bzFTdHgweU90eHQ1OFpBRXljR19jNzgwVEZyeUdqanhacFZBVGI5bTNwUmpER0hlNS1NTGhETXZIZVNtdEc2UVF1amFaTWRLajdmVmtMSmJ4Z21Ba3kxS0xjRUFLenhVeEpZZTNUbWNJM29sRDVST2RVVGx5cjBsUjNUY0s2WklsVld0WlJQb2RUcmExX01R?oc=5) · The Business Journals
- 2024-12-31 [54 Hispanic American-Owned Banks and Credit Unions, Sorted by State - businessinsider.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNNmt0RG9HN2paQWIzZFhYT1ZrSzJMMFB4RXpMdnRZRThiZUFoLUlDVWJUWmQwYVBTZ3NQNU9JRVJHcG9QZUZuTklnUlc1MzFncHhidzRmc0p6RFRXYm43WlUzT2RvckFKUGNiNEpIU1hzbkozLWtVX2p1V1ZCNVZiNmN4T2lKMXpGU3RVTkpGbWhsa0E0SXZ4WlBUMnVhTFAzcVE?oc=5) · businessinsider.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35451 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/59.json (key "35451", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide