# COMMERCE BANK OF ARIZONA
TUCSON, AZ · FDIC certificate 57279 · asset band $300M-1B · latest filing 2023-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $433.8M | |
| Deposits | $339.8M | |
| Loans and leases | $324.6M | |
| Total equity | $36.9M | |
| Loans / deposits | 94.40% (p79 of band) | 80.89% |
| Liquid assets / assets | 23.74% (p42 of band) | |
| Uninsured deposits / deposits | 35.87% (p81 of band) | 25.41% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 11.74% (p73 of band) | |
| FHLB advances / assets | 3.46% | |
| Tier 1 leverage | 10.18% (p48 of band) | 10.29% |
| Unrealized securities loss / equity | -18.56% (p48 of band) | -17.38% |
| AOCI / equity | 2.36% (p42 of band) | |
| ROA (annualized) | 0.83% (p37 of band) | 1.01% |
| Net interest margin | 4.40% (p88 of band) | 3.46% |
| Efficiency ratio | 74.05% (p71 of band) | |
| Noncurrent loans | 0.53% (p70 of band) | 0.24% |
| Net charge-offs (annualized) | -0.04% (p5 of band) | |
| Reserve coverage of noncurrent | 223.09% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 69.39% (p64 of band) | |
| Auto loans | $2,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 10.9% | |
| Employees | 58 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 4 | losing money, charge-offs p90 |  |
| 2011-09 | 4 | noncurrent p90 | charge-offs p90 |
| 2011-12 | 5 | capital falling, charge-offs p90 | noncurrent p90 |
| 2012-03 | 4 | assets shrinking | construction >100% equity, charge-offs p90 |
| 2012-06 | 6 | expense ratio p90, charge-offs p90, deposits shrinking | capital falling |
| 2012-09 | 7 | uninsured deposits leaving |  |
| 2012-12 | 8 | construction >100% equity |  |
| 2013-03 | 7 |  | expense ratio p90 |
| 2013-06 | 4 |  | reserve under noncurrent, uninsured deposits leaving, construction >100% equity |
| 2013-09 | 4 | expense ratio p90, construction >100% equity | assets shrinking, deposits shrinking |
| 2013-12 | 10 | leverage <7%, capital falling, noncurrent p90, reserve under noncurrent, deposits shrinking, assets shrinking |  |
| 2014-03 | 8 |  | charge-offs p90, capital falling |
| 2014-06 | 9 | charge-offs p90 |  |
| 2014-09 | 12 | leverage <5%, capital falling |  |
| 2014-12 | 11 |  | capital falling |
| 2015-03 | 10 |  | charge-offs p90 |
| 2015-06 | 8 |  | leverage <5% |
| 2015-09 | 7 |  | assets shrinking |
| 2015-12 | 6 |  | deposits shrinking |
| 2016-03 | 5 |  | losing money |
| 2016-06 | 5 |  |  |
| 2016-09 | 6 | uninsured deposits leaving |  |
| 2016-12 | 4 |  | noncurrent p90, uninsured deposits leaving |
| 2017-03 | 4 | noncurrent p90 | expense ratio p90 |
| 2017-06 | 2 |  | construction >100% equity, leverage <7% |
| 2017-09 | 3 | construction >100% equity |  |
| 2017-12 | 2 |  | construction >100% equity |
| 2018-03 | 3 | uninsured deposits leaving |  |
| 2018-06 | 2 | loans exceed deposits | noncurrent p90, uninsured deposits leaving |
| 2018-09 | 2 | capital falling | loans exceed deposits |
| 2018-12 | 1 |  | capital falling |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | capital falling |  |
| 2019-09 | 2 | noncurrent p90 | capital falling |
| 2019-12 | 2 | construction >100% equity | noncurrent p90 |
| 2020-03 | 2 | expense ratio p90 | construction >100% equity |
| 2020-06 | 2 |  |  |
| 2020-09 | 4 | capital falling, construction >100% equity |  |
| 2020-12 | 2 |  | reserve under noncurrent, construction >100% equity |
| 2021-03 | 1 |  | expense ratio p90 |
| 2021-06 | 0 |  | capital falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | construction >100% equity |  |
| 2022-06 | 2 | capital falling |  |
| 2022-09 | 3 | AOCI drag >20% of equity |  |
| 2022-12 | 1 |  | capital falling, AOCI drag >20% of equity |
| 2023-03 | 0 |  | construction >100% equity |
| 2023-06 | 1 | deposits shrinking |  |
| 2023-09 | 3 | capital falling, uninsured deposits leaving |  |
| 2023-12 | 1 |  | deposits shrinking, uninsured deposits leaving |

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

- 2024-03-25 [Bank 34, Commerce Bank of Arizona complete merger, open for business under new name - The Business Journals](https://news.google.com/rss/articles/CBMimgFBVV95cUxNWnJFWi1mVXZQQ1BZdGdkTFMxbmFxNDdTUi1hbWNTTGVqcUUwN0hobTd1YVVaaUlRMl9xaXJMVGJhVXphUDJnNDlEMndiV09LOFVJdFhwWVViSXV4YVpwdGdkLTdPUjB6cGtOSHIxbllmZmIxTFlZN1VOcjRwNjRyMzFTQTg4TVZlZXlJRnVfcHFaSld3MnBHM3F3?oc=5) · The Business Journals
- 2024-03-19 [Bancorp 34, Inc. Announces Completion of the Merger Between Bank 34 and Commerce Bank of Arizona - PR Newswire](https://news.google.com/rss/articles/CBMi5AFBVV95cUxPS2JiellzU09NVkk0RVl5dTFtanpIWWJDdzFmNFRHdGFmWkN1c3cyWFRGbVUzaEtTbHhkYkRNVkJqNzQtZmlsY2Zia1c4TnU3eVRQRFZhTTc3UE03NWNfZW9RUzdKTjRBQ3JFSmhVeDlneTJSMTJLeGhJQlh6bWNMeS1MNjd6bWZGYU40SV9MYmVNc1pERzZ4cXg0VVNqV2hoQjFQYTU4S1J4M2l1a0ZFczFEdDhldGdFSTYzb09pblZrNV9jMzUzSWlnd0k0NEY1aldrVF9YbURuYkFGQ3BLTXdmUDU?oc=5) · PR Newswire
- 2023-05-01 [Bank 34 and Commerce Bank of Arizona merge to create state’s 2nd-largest bank - AZ Big Media](https://news.google.com/rss/articles/CBMirgFBVV95cUxQamUzbnQwYUc4cDJjSzExSmQyMVVaeWNNQ0RiMWo4c1ZZZU1NNFVOUTlPenNXZ0ZvVkM4QmZ6YlJ2ek9WNjNTWWFYeTA1cTFZZzdyOGdJWUJxZVYxUEo3bFJ3a3oxSjNReURsS05sdnlYWHRIVDZiamV1Q19KRzM0TXo0Qno2RElOUk9aSkVoN1pfejM0ZzdqRXNGVmdOTjQyMk0yUTlyQmFrUWdMTnc?oc=5) · AZ Big Media
- 2021-05-04 [Commerce Bank surprised by ‘best’ designation - scottsdale.org](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNelJ5MkZYSjQ2QkxHdTlYSEk5WU9jR1JOM2lGaTRNY3BUbXYtZ2ZaLUc0ODB1OEx0YXhYN2NDQUZEZUYzTndSclM0TnhFMkY0eHhBdzgyVEwwOGFBY2lGQjJqalFBM0Nwek5NOVY4YW9EZzVpcGtCQXZyQ2FqcHZ5enk1WUIyV2xiOHRNWVZMYWIwYkI2eW5vZ2VkV3hRdktyMTNkZXdyVVBGSjY3cG8wVEQwajdZelhYZ1ZkemVJSGxVQVRlX1Bkag?oc=5) · scottsdale.org
- 2024-03-14 [Bank 34, Commerce Bank of Arizona announce new operating name ahead of merger vote - The Business Journals](https://news.google.com/rss/articles/CBMilAFBVV95cUxPTEVwX1FmeDJKVHdkdnQyaE1EMHZPdG1pc0xlNXRnVlkxZnluNU80ZWFlay1TQmNoOVBLanp6Q1Y4VVhIaHJsZXMxclBHcldDRWZHZ3luQ293bWNiNGlWdjIyRWVidTFTT2twTDR3NGk2ZVh6NnFVd1RDdHpSX25uRzRzZWx4Qld2Ri1OTEFFZ1o5YVQz?oc=5) · The Business Journals
- 2015-04-02 [Sean P. Murray Joins Commerce Bank of Arizona as Senior Vice President and Commercial Loan Officer - insidetucsonbusiness.com](https://news.google.com/rss/articles/CBMingJBVV95cUxNb2p6ekRxOGctaEpHSWE0enViaDJ5ZHZtd1JzcVFYeTNuaFMxNWN3V2l3OWJ2aWxES0I2ZEZJV0NqLXc4UC1Ba0RJMk1EM0VtbkFmRWZPSFRtR202a1g3UURlM0IwQnUyWlRSd1Fsd1BaMG9CS1VNaGdiZFpiaDg0bS0yZGRwN2wycVVPOTREaGVSM1RtemZZSkk4SVZGR1Nqb3VBRm9CeDJ1cnlRQnEzZjVlRm1icFlyNk1PaUQydlphSXlDaVQ2UWJWbF96RUxDS0tzZVRVSXFwQ25QOU5KUXVHSXV6LWZkaFlGN0RlUWtyWWEwSXVqZjVQRHRPQ3dXeGMtN25jNWtaYnhxWVpYZlBCUERWczhJazJkYzJB?oc=5) · insidetucsonbusiness.com
- 2025-06-23 [Ranking Arizona: Top 10 banks in Arizona for 2025 - AZ Big Media](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNUm84dmZCallEM1dCSkpOMjFHZURGS2o2YlZLR3FUbXd3ZnJMVFI2Mm9aUEhOWUxzQ2Fvc2JqQmxnRVBteWpERDIyekwwZ2xVRUhMN19Xak92eDdITktGTXFnMjVyX1dkcGVSQkpaTGlWc1UwdFRTQUhkay1zU3BSM29DOTB5UkhM?oc=5) · AZ Big Media
- 2024-09-26 [Southwest Heritage Bank names new Phoenix market president - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxNN29vSTNuNkRSZkt4UWNKeWtvOE1wZGNfRjI1OHpGVmFCVzdNdnA2bGRfWDBwdEZfYk50Z2pyLXJ1RHZQVk5PSlNVRkd6RXR0eDBlQVIxUlEzSk9KX1QxVmtfNFFIbktEYy1ud3lxc1RVS1BqM1pvRFhPX0FOa01Kbk5ULXBBREVOd3VOSTdBVkg1N29tSm91THF4OW5PQQ?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57279 (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/63.json (key "57279", 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