Commerce Bank Mortgage Rates, Fees & Info
Kansas City, MOLEI: 7DMUJTL9FFTVIAG9H788
Tax ID: 48-0962626
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Mortgage Data
Bank Data
Review & Overview
Commerce Bank is a small bank specializing in Home Purchase and Refi loans. Commerce Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Kansas City, St. Louis, Denver, Springfield, and Nashville among others. We have data for 162 markets. (Some data included below & more in-depth data is available with an active subscription.)Commerce Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Commerce Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 4/22/24 |
| 30 Year Conventional Purchase | 6.92% | 4/22/24 |
| 30 Year Conventional Refi | 6.97% | 4/22/24 |
| 30 Year Cash-out Refi | 6.98% | 4/22/24 |
| 30 Year FHA Purchase | 7.43% | 4/22/24 |
| 30 Year FHA Refi | 7.21% | 4/22/24 |
| 30 Year VA Purchase | 6.40% | 4/22/24 |
| 30 Year USDA Purchase | 7.04% | 4/22/24 |
| 15 Year Conventional Purchase | 6.27% | 4/22/24 |
| 15 Year Conventional Refi | 6.22% | 4/22/24 |
| 15 Year Cash-out Refi | 6.22% | 4/22/24 |
| 15 Year FHA Purchase | 5.68% | 4/22/24 |
| 15 Year FHA Refi | 6.87% | 4/22/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Commerce Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
5,903Origination Dollar Volume (All Markets)
$1,527,285,000Employee count
4,373Awards
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Commerce Bank - 2021
Commerce Bank is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2,027 | $432,035,000 | $213,140 | $1,916 | 3.25% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1,484 | $288,650,000 | $194,508 | $1,968 | 3.36% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 332 | $167,140,000 | $503,434 | $3,076 | 3.26% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 298 | $45,900,000 | $154,027 | $1,991 | 3.47% |
| Outside of Metro Areas | 174 | $45,800,000 | $263,218 | $2,588 | 3.30% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 18 | $40,200,000 | $2,233,333 | $4,933 | 3.03% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 58 | $35,810,000 | $617,414 | $3,942 | 2.80% |
| WICHITA, KS (FHA|USDA|VA) | 154 | $35,330,000 | $229,416 | $2,314 | 3.26% |
| COLUMBIA, MO (FHA|USDA|VA) | 142 | $27,100,000 | $190,845 | $2,113 | 3.19% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $21,625,000 | $7,208,333 | $2,978 | 2.99% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 128 | $17,010,000 | $132,891 | $1,962 | 3.53% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 18 | $16,360,000 | $908,889 | $7,801 | 2.79% |
| Edwards, CO (FHA|USDA|VA) | 9 | $14,885,000 | $1,653,889 | $4,856 | 2.97% |
| JOPLIN, MO (FHA|USDA|VA) | 66 | $14,560,000 | $220,606 | $1,864 | 3.49% |
| TULSA, OK (FHA|USDA|VA) | 39 | $13,925,000 | $357,051 | $4,298 | 3.09% |
| MANHATTAN, KS (FHA|USDA|VA) | 55 | $12,865,000 | $233,909 | $2,321 | 3.21% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 16 | $12,520,000 | $782,500 | $5,223 | 2.83% |
| PEORIA, IL (FHA|USDA|VA) | 79 | $12,075,000 | $152,848 | $1,821 | 3.47% |
| BOULDER, CO (FHA|USDA|VA) | 15 | $11,735,000 | $782,333 | $3,388 | 2.97% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 12 | $11,320,000 | $943,333 | $6,567 | 2.65% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 60 | $10,840,000 | $180,667 | $2,301 | 3.49% |
| LAWRENCE, KS (FHA|USDA|VA) | 59 | $10,395,000 | $176,186 | $1,899 | 3.45% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 13 | $9,975,000 | $767,308 | $7,106 | 2.87% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 16 | $9,920,000 | $620,000 | $8,053 | 2.83% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 16 | $9,190,000 | $574,375 | $4,102 | 2.80% |
| FORT COLLINS, CO (FHA|USDA|VA) | 17 | $9,085,000 | $534,412 | $4,422 | 2.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 12 | $8,340,000 | $695,000 | $5,715 | 2.88% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 64 | $8,230,000 | $128,594 | $1,735 | 3.43% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 48 | $7,420,000 | $154,583 | $2,159 | 3.38% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 9 | $7,155,000 | $795,000 | $7,072 | 2.63% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 17 | $6,815,000 | $400,882 | $3,932 | 3.10% |
| Breckenridge, CO (FHA|USDA|VA) | 10 | $6,580,000 | $658,000 | $2,944 | 2.74% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 11 | $6,065,000 | $551,364 | $5,004 | 2.86% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 3 | $5,505,000 | $1,835,000 | $4,788 | 2.86% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 5 | $5,015,000 | $1,003,000 | $5,221 | 2.80% |
| Pittsburg, KS (FHA|USDA|VA) | 34 | $4,670,000 | $137,353 | $2,202 | 3.70% |
| Mexico, MO (FHA|USDA|VA) | 34 | $4,320,000 | $127,059 | $2,010 | 3.91% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 6 | $3,580,000 | $596,667 | $5,314 | 2.92% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 4 | $3,580,000 | $895,000 | $8,466 | 2.87% |
| Hannibal, MO (FHA|USDA|VA) | 21 | $3,295,000 | $156,905 | $1,704 | 3.39% |
| Branson, MO (FHA|USDA|VA) | 16 | $3,170,000 | $198,125 | $2,208 | 3.59% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 8 | $3,100,000 | $387,500 | $5,628 | 3.39% |
| Lebanon, MO (FHA|USDA|VA) | 22 | $3,070,000 | $139,545 | $1,431 | 3.71% |
| Steamboat Springs, CO (FHA|USDA|VA) | 5 | $3,005,000 | $601,000 | $4,333 | 2.95% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 5 | $2,925,000 | $585,000 | $5,102 | 2.86% |
| Glenwood Springs, CO (FHA|USDA|VA) | 5 | $2,655,000 | $531,000 | $2,457 | 2.92% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 4 | $2,640,000 | $660,000 | $4,671 | 3.13% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $2,630,000 | $1,315,000 | $3,355 | 2.94% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 5 | $2,605,000 | $521,000 | $4,192 | 3.03% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $2,575,000 | $858,333 | $6,034 | 2.71% |
| GREELEY, CO (FHA|USDA|VA) | 7 | $2,495,000 | $356,429 | $4,033 | 3.39% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $2,480,000 | $1,240,000 | $7,442 | 2.81% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $2,285,000 | $2,285,000 | $9,905 | 3.00% |
| Key West, FL (FHA|USDA|VA) | 1 | $2,245,000 | $2,245,000 | $14,333 | 2.88% |
| Moberly, MO (FHA|USDA|VA) | 20 | $2,220,000 | $111,000 | $1,810 | 3.93% |
| Garden City, KS (FHA|USDA|VA) | 13 | $2,205,000 | $169,615 | $2,268 | 3.28% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $2,200,000 | $1,100,000 | $3,525 | 2.93% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 4 | $2,090,000 | $522,500 | $6,124 | 3.41% |
| Heber, UT (FHA|USDA|VA) | 2 | $1,850,000 | $925,000 | $5,655 | 2.62% |
| Poplar Bluff, MO (FHA|USDA|VA) | 6 | $1,770,000 | $295,000 | $1,605 | 3.82% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $1,690,000 | $845,000 | $3,633 | 3.00% |
| Warrensburg, MO (FHA|USDA|VA) | 8 | $1,600,000 | $200,000 | $2,468 | 3.12% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $1,600,000 | $800,000 | $5,236 | 3.00% |
| Concord, NH (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $5,574 | 2.75% |
| Ottawa, KS (FHA|USDA|VA) | 6 | $1,500,000 | $250,000 | $2,000 | 3.02% |
| TOPEKA, KS (FHA|USDA|VA) | 11 | $1,445,000 | $131,364 | $2,574 | 3.61% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $1,410,000 | $705,000 | $5,521 | 2.75% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $1,385,000 | $1,385,000 | $10,885 | 2.88% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $1,330,000 | $665,000 | $5,690 | 2.75% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $1,325,000 | $1,325,000 | $4,508 | 3.13% |
| PROVO-OREM, UT (FHA|USDA|VA) | 2 | $1,260,000 | $630,000 | $6,562 | 2.81% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $1,250,000 | $625,000 | $4,074 | 2.50% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 2 | $1,160,000 | $580,000 | $2,514 | 2.19% |
| Hays, KS (FHA|USDA|VA) | 7 | $1,135,000 | $162,143 | $2,622 | 3.65% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 11 | $1,085,000 | $98,636 | $1,540 | 3.40% |
| Farmington, MO (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $887 | 3.16% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $6,333 | 2.69% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $7,757 | 2.75% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 3.45% |
| ANCHORAGE, AK (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $7,513 | 3.00% |
| Cullowhee, NC (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $3,063 | 2.50% |
| Hutchinson, KS (FHA|USDA|VA) | 10 | $930,000 | $93,000 | $1,785 | 3.88% |
| Sikeston, MO (FHA|USDA|VA) | 7 | $895,000 | $127,857 | $2,060 | 3.61% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $835,000 | $835,000 | $4,045 | 3.13% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $3,555 | 2.96% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $5,397 | 2.88% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $795,000 | $795,000 | $4,189 | 2.38% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $4,685 | 2.38% |
| MADISON, WI (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $3,384 | 2.75% |
| Montrose, CO (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $3,120 | 3.13% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $3,447 | 2.75% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $5,254 | 3.13% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $4,544 | 3.38% |
| Durango, CO (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $6,844 | 2.75% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $4,232 | 2.81% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $3,574 | 2.94% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $4,519 | 3.13% |
| Cañon City, CO (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,265 | 2.94% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $5,314 | 2.38% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $4,961 | 3.13% |
| NILES, MI (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $6,271 | 3.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $6,063 | 2.88% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $3,757 | 2.88% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $4,194 | 3.00% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $3,902 | 3.50% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $3,310 | 2.88% |
| Brevard, NC (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $5,487 | 2.88% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $3,629 | 3.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $8,757 | 2.88% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $6,771 | 3.00% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $3,964 | 2.75% |
| OCALA, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,730 | 3.62% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $2,972 | 2.81% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $2,624 | 2.88% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $3,744 | 2.75% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $2,497 | 2.38% |
| Quincy, IL-MO (FHA|USDA|VA) | 5 | $415,000 | $83,000 | $2,659 | 3.61% |
| Riverton, WY (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $2,243 | 2.88% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,059 | 2.38% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,719 | 2.13% |
| Murray, KY (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,554 | 2.13% |
| Harrison, AR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,895 | 2.38% |
| Atchison, KS (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,559 | 2.62% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,164 | 2.38% |
| AMES, IA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,149 | 2.88% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 2.50% |
| RENO, NV (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,042 | 2.75% |
| BINGHAMTON, NY (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,846 | 3.38% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,087 | 3.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,869 | 2.13% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,758 | 3.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,734 | 2.88% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,781 | 3.00% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,565 | 3.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,277 | 3.13% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,845 | 2.88% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,642 | 2.50% |
| West Plains, MO (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,154 | 2.88% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,471 | 3.63% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,513 | 3.13% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,575 | 3.25% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,523 | 3.25% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,795 | 3.50% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,084 | 3.25% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,718 | 3.00% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,588 | 4.00% |
| McAlester, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,129 | 3.38% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,426 | 3.00% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $2,248 | 3.50% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,093 | 3.38% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,045 | 3.38% |
| UTICA-ROME, NY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,848 | 2.63% |
| Searcy, AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,569 | 3.13% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,239 | 3.13% |
| Sedalia, MO (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $974 | 4.14% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,422 | 3.38% |
| Coffeyville, KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,539 | 2.88% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,437 | 3.50% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,659 | 4.13% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,111 | 3.50% |
| Great Bend, KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 2.99% |
| Lincoln, IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 2.99% |
Similar Lenders
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Product Mix
For 2021, Commerce Bank's most frequently originated type of loan was Conventional, with 4,281 originations. Their 2nd most popular type was HELOC, with 1,499 originations.
Loan Reason
For 2021, Commerce Bank's most frequently cited loan purpose was Home Purchase, with 1,777 originations. The 2nd most popular reason was Refi, with 1,444 originations.
Loan Duration/Length
For 2021, Commerce Bank's most frequently cited loan duration was 30 Year, with 2,458 originations. The 2nd most popular length was 10 Year, with 1,638 originations.
Origination Fees/Closing Costs
Commerce Bank's average total fees were $2,999, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,620 originations.
Interest Rates
During 2021, Commerce Bank's average interest rate for loans was 3.21%, while their most frequently originated rate bucket for loans was 2.5-3%, with 2,615 originations.
Loan Sizing
2021 saw Commerce Bank place emphasis on $100,000 or less loans with 1,990 originations, totaling $95,280,000 in origination value.
Applicant Income
Commerce Bank lent most frequently to those with incomes in the $100k-150k range, with 1,123 originations. The second most popular income band? $150k-250k, with 1,075 originations.
Applicant Debt to Income Ratio
Commerce Bank lent most frequently to those with DTI ratios of 20-30%, with 1,645 originations. The next most common DTI ratio? 30-36%, with 1,158 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications76.33%
Commerce Bank has a below average approval rate.
Pick Rate
Approvals leading to origination75.23%
Commerce Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 5,903 | $1,527,285,000 | $258,730 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5,903 | $1,527,285,000 | $258,730 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| COMMERCE BANK | Conventional home mortgage | Closing on a mortgage | 1 | 33.3% |
| COMMERCE BANK | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 33.3% |
| COMMERCE BANK | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 33.3% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Commerce Bank | 1460 South Jefferson Avenue Lebanon, MO 65536 | Full Service B&M | $185,227 |
| Commerce Bank | 1 Liberty Bell Cir Liberty, MO 64068 | Full Service B&M | $143,664 |
| Commerce Bank | 1 S Engelwood Dr Metamora, IL 61548 | Full Service B&M | $98,089 |
| Commerce Bank | 100 N Main St Hannibal, MO 63401 | Full Service B&M | $113,876 |
| Commerce Bank | 100 S Broadway St Pittsburg, KS 66762 | Full Service B&M | $147,006 |
| Commerce Bank | 1001 Main Street Kansas City, MO 64106 | Full Service B&M | $3,949,606 |
| Commerce Bank | 1001 N.W. 63rd Street Oklahoma City, OK 73116 | Full Service B&M | $0 |
| Commerce Bank | 10010 Watson Rd Saint Louis, MO 63126 | Full Service B&M | $92,893 |
| Commerce Bank | 101 E Elm St O Fallon, MO 63366 | Full Service B&M | $108,663 |
| Commerce Bank | 1015 W 23rd St Lawrence, KS 66046 | Full Service Retail | $36,055 |
| Commerce Bank | 1015 Windsor Champaign, IL 61821 | Full Service B&M | $47,121 |
| Commerce Bank | 10185 Gravois Affton, MO 63123 | Full Service B&M | $175,310 |
| Commerce Bank | 104 Broadway Normal, IL 61761 | Full Service B&M | $37,889 |
| Commerce Bank | 10429 Clayton Rd. Frontenac, MO 63131 | Full Service B&M | $158,674 |
| Commerce Bank | 1090 Schnucks Woodsmill Plz Chesterfield, MO 63017 | Full Service B&M | $302,632 |
| Commerce Bank | 110 N 5th St Pekin, IL 61554 | Full Service B&M | $0 |
| Commerce Bank | 110 Nw Barry Road Kansas City, MO 64155 | Full Service B&M | $234,695 |
| Commerce Bank | 1100 West Pine St Poplar Bluff, MO 63901 | Limited, Drive-thru | $93,451 |
| Commerce Bank | 11000 Shawnee Mission Pky Shawnee, KS 66203 | Limited, Drive-thru | $138,326 |
| Commerce Bank | 1101 1st Capitol Dr Saint Charles, MO 63301 | Full Service B&M | $179,628 |
| Commerce Bank | 1102 Bradley St Festus, MO 63028 | Full Service B&M | $214,579 |
| Commerce Bank | 11080 Oakmont St. Overland Park, KS 66210 | Full Service B&M | $81,183 |
| Commerce Bank | 111 4h Rd Lansing, KS 66043 | Full Service B&M | $24,845 |
| Commerce Bank | 1111 North Fleming Street Garden City, KS 67846 | Full Service B&M | $228,180 |
| Commerce Bank | 1125 Charlotte Street Kansas City, MO 64106 | Full Service B&M | $68,515 |
| Commerce Bank | 11405 Nall Ave Leawood, KS 66211 | Full Service B&M | $302,865 |
| Commerce Bank | 118 W 47th St Kansas City, MO 64112 | Full Service B&M | $591,187 |
| Commerce Bank | 11900 South Strang Line Road Olathe, KS 66062 | Full Service B&M | $76,602 |
| Commerce Bank | 11901 Manchester Rd Saint Louis, MO 63131 | Full Service B&M | $125,463 |
| Commerce Bank | 1220 E Brown School Rd Columbia, MO 65202 | Full Service B&M | $33,341 |
| Commerce Bank | 12275 Olive Blvd Creve Coeur, MO 63141 | Full Service B&M | $140,558 |
| Commerce Bank | 12280 W 135th St Overland Park, KS 66221 | Full Service B&M | $140,450 |
| Commerce Bank | 1250 S Woodlawn Blvd Wichita, KS 67218 | Full Service B&M | $39,800 |
| Commerce Bank | 12633 Dorsett Rd Maryland Heights, MO 63043 | Full Service B&M | $171,990 |
| Commerce Bank | 12829 South Highway 71 Grandview, MO 64030 | Full Service B&M | $63,936 |
| Commerce Bank | 1301 Locust St Harrisonville, MO 64701 | Full Service B&M | $159,591 |
| Commerce Bank | 1311 S Madison St Webb City, MO 64870 | Full Service B&M | $34,140 |
| Commerce Bank | 1339 E Empire St Bloomington, IL 61701 | Full Service B&M | $596,161 |
| Commerce Bank | 13441 State Line Rd Kansas City, MO 64145 | Full Service B&M | $167,074 |
| Commerce Bank | 1345 E Battlefield St Springfield, MO 65804 | Full Service B&M | $886,144 |
| Commerce Bank | 13501 Shawnee Mission Parkway Shawnee, KS 66216 | Full Service B&M | $135,656 |
| Commerce Bank | 137 W Maple St Columbus, KS 66725 | Full Service B&M | $52,509 |
| Commerce Bank | 1415 N. Morley St Moberly, MO 65270 | Full Service B&M | $63,176 |
| Commerce Bank | 14317 Manchester Rd Manchester, MO 63011 | Full Service B&M | $0 |
| Commerce Bank | 1500 E College Ave Normal, IL 61761 | Full Service B&M | $107,341 |
| Commerce Bank | 1500 Wakarusa Dr Lawrence, KS 66047 | Full Service B&M | $98,017 |
| Commerce Bank | 15305 E Colfax Ave Aurora, CO 80011 | Full Service B&M | $172,301 |
| Commerce Bank | 1551 N Waterfront Pkwy Wichita, KS 67206 | Full Service B&M | $718,674 |
| Commerce Bank | 15910 S Murlen Rd Olathe, KS 66062 | Full Service B&M | $106,946 |
| Commerce Bank | 160 South Broadview St Cape Girardeau, MO 63703 | Full Service B&M | $74,589 |
| Commerce Bank | 1626 Pattern Dr Saint Louis, MO 63138 | Full Service B&M | $39,522 |
| Commerce Bank | 16303 Truman Rd Ellisville, MO 63011 | Full Service B&M | $117,048 |
| Commerce Bank | 16650 W 135th St Olathe, KS 66062 | Full Service B&M | $77,378 |
| Commerce Bank | 1695 W Jackson St Ozark, MO 65721 | Full Service B&M | $59,273 |
| Commerce Bank | 1699 Clarkson Rd Chesterfield, MO 63017 | Full Service B&M | $202,971 |
| Commerce Bank | 17601 East 24 Highway Independence, MO 64056 | Full Service B&M | $77,649 |
| Commerce Bank | 1800 Cape La Croix Rd Cape Girardeau, MO 63701 | Full Service B&M | $29,298 |
| Commerce Bank | 1804 East 20th Street Joplin, MO 64804 | Limited, Drive-thru | $0 |
| Commerce Bank | 1820 East 20th Street Joplin, MO 64804 | Full Service B&M | $505,514 |
| Commerce Bank | 1845 Fairmount St Wichita, KS 67260 | Full Service B&M | $7,466 |
| Commerce Bank | 18700 E 39th St Independence, MO 64055 | Full Service B&M | $252,566 |
| Commerce Bank | 1889 N Highway Cc Nixa, MO 65714 | Full Service B&M | $62,234 |
| Commerce Bank | 1900 West Loop South, Suite 1800 Houston, TX 77027 | Limited, Drive-thru | $13,568 |
| Commerce Bank | 1906 West 43rd Street Kansas City, KS 66103 | Full Service B&M | $74,452 |
| Commerce Bank | 1994 Wentzville Pkwy Wentzville, MO 63385 | Full Service B&M | $206,565 |
| Commerce Bank | 200 E. Fifth St. Eureka, MO 63025 | Full Service B&M | $54,533 |
| Commerce Bank | 2000 Bernadette Dr Columbia, MO 65203 | Full Service B&M | $89,724 |
| Commerce Bank | 2005 E. 21st., Suite 200 Tulsa, OK 74114 | Full Service B&M | $14,555 |
| Commerce Bank | 2012 Court Street Pekin, IL 61554 | Full Service B&M | $50,463 |
| Commerce Bank | 2025 E Jackson Blvd Jackson, MO 63755 | Full Service B&M | $26,640 |
| Commerce Bank | 203 W Jackson St Willard, MO 65781 | Full Service B&M | $51,542 |
| Commerce Bank | 209 E Main St California, MO 65018 | Full Service B&M | $55,811 |
| Commerce Bank | 211 N Broadway Saint Louis, MO 63102 | Full Service B&M | $54,240 |
| Commerce Bank | 21800 Midland Drive Shawnee, KS 66218 | Full Service B&M | $173,020 |
| Commerce Bank | 2200 Vine St Hays, KS 67601 | Full Service B&M | $246,540 |
| Commerce Bank | 228 W Main St Lexington, IL 61753 | Full Service B&M | $36,134 |
| Commerce Bank | 232 S Osage Ave Tipton, MO 65081 | Full Service B&M | $55,511 |
| Commerce Bank | 2333 E 21st St N Wichita, KS 67214 | Full Service B&M | $0 |
| Commerce Bank | 2370 S Springfield Ave Bolivar, MO 65613 | Full Service B&M | $108,351 |
| Commerce Bank | 2609 E Broadway Ste 101 Columbia, MO 65201 | Full Service B&M | $37,360 |
| Commerce Bank | 2609 N Knoxville Ave Peoria, IL 61604 | Full Service B&M | $0 |
| Commerce Bank | 2616 N Kansas Expy Springfield, MO 65803 | Full Service B&M | $89,243 |
| Commerce Bank | 2700 S Saint Peters Pkwy Saint Peters, MO 63303 | Full Service B&M | $142,681 |
| Commerce Bank | 2740 Claflin Rd Manhattan, KS 66502 | Full Service B&M | $75,349 |
| Commerce Bank | 2770 W Republic Rd Springfield, MO 65807 | Full Service B&M | $76,331 |
| Commerce Bank | 2830 S 4th Street Leavenworth, KS 66048 | Full Service B&M | $117,975 |
| Commerce Bank | 2900 N Highway 67 Florissant, MO 63033 | Full Service B&M | $85,094 |
| Commerce Bank | 2913 Highway K O Fallon, MO 63366 | Full Service B&M | $156,684 |
| Commerce Bank | 2915 S Noland Rd Independence, MO 64055 | Full Service B&M | $138,468 |
| Commerce Bank | 2946 S Clark St Mexico, MO 65265 | Full Service B&M | $124,557 |
| Commerce Bank | 300 N Kirkwood Rd Kirkwood, MO 63122 | Full Service B&M | $703,548 |
| Commerce Bank | 301 Se M 291 Hwy Lees Summit, MO 64063 | Full Service B&M | $272,002 |
| Commerce Bank | 3100 W Broadway Columbia, MO 65203 | Full Service Retail | $37,808 |
| Commerce Bank | 3134 S Grand Ave Saint Louis, MO 63118 | Full Service B&M | $119,588 |
| Commerce Bank | 320 Gravois Rd Fenton, MO 63026 | Full Service B&M | $275,046 |
| Commerce Bank | 3301 E Sunshine St Springfield, MO 65804 | Full Service B&M | $105,037 |
| Commerce Bank | 3303 Ashland Ave Saint Joseph, MO 64506 | Full Service B&M | $100,734 |
| Commerce Bank | 3503 Nw 63rd Street, Suite 300 Oklahoma City, OK 73116 | Full Service B&M | $187,543 |
| Commerce Bank | 3550 W 38th Ave Suite 70 Denver, CO 80211 | Full Service B&M | $3,623 |
| Commerce Bank | 3606 Frederick Avenue Saint Joseph, MO 64506 | Full Service B&M | $277,067 |
| Commerce Bank | 3709 Sandman Ln Columbia, MO 65201 | Full Service B&M | $567,602 |
| Commerce Bank | 4006 W 83rd St Prairie Village, KS 66208 | Full Service Retail | $168,062 |
| Commerce Bank | 4018 Rainbow Boulevard #20 Kansas City, KS 66103 | Limited, Drive-thru | $36,146 |
| Commerce Bank | 4100 Rusty Rd Saint Louis, MO 63128 | Full Service B&M | $143,698 |
| Commerce Bank | 432 Main Street Peoria, IL 61602 | Full Service B&M | $214,727 |
| Commerce Bank | 435 Mid Rivers Mall Dr Saint Peters, MO 63376 | Full Service B&M | $146,956 |
| Commerce Bank | 4400 Green Mount Crossing Dr Shiloh, IL 62269 | Full Service B&M | $51,044 |
| Commerce Bank | 4401 Natural Bridge Ave Saint Louis, MO 63115 | Full Service B&M | $29,170 |
| Commerce Bank | 600 N Rock Rd Derby, KS 67037 | Full Service B&M | $49,129 |
| Commerce Bank | 442 South De Mazenod Drive Belleville, IL 62223 | Full Service B&M | $0 |
| Commerce Bank | 4480 Broadway Quincy, IL 62305 | Full Service B&M | $2,249 |
| Commerce Bank | 456 N Main St Wichita, KS 67202 | Full Service B&M | $59,141 |
| Commerce Bank | 4700 Johnson Drive Roeland Park, KS 66205 | Full Service B&M | $79,170 |
| Commerce Bank | 4th And Felix Streets St. Joseph, MO 64501 | Full Service B&M | $139,405 |
| Commerce Bank | 500 W Main St Branson, MO 65616 | Full Service Retail | $46,643 |
| Commerce Bank | 501 E Broadway Columbia, MO 65201 | Full Service B&M | $66,073 |
| Commerce Bank | 503 N Hwy 7 Blue Springs, MO 64015 | Full Service B&M | $174,201 |
| Commerce Bank | 5314 South Yale, Suite 100 Tulsa, OK 74135 | Full Service B&M | $250,465 |
| Commerce Bank | 56 N. Euclid Saint Louis, MO 63108 | Full Service B&M | $534 |
| Commerce Bank | 5630 Telegraph Rd Saint Louis, MO 63129 | Full Service B&M | $139,651 |
| Commerce Bank | 5701 W Main St Belleville, IL 62226 | Full Service B&M | $189,078 |
| Commerce Bank | 5801 Nw Barry Road Kansas City, MO 64154 | Full Service B&M | $91,980 |
| Commerce Bank | 605 Us Highway 60 E Republic, MO 65738 | Full Service B&M | $72,035 |
| Commerce Bank | 6100 Troost Avenue Kansas City, MO 64110 | Full Service B&M | $27,841 |
| Commerce Bank | 6130 E 81st St Tulsa, OK 74137 | Full Service B&M | $0 |
| Commerce Bank | 614 N Glenstone Ave Springfield, MO 65802 | Full Service B&M | $81,505 |
| Commerce Bank | 625 W Central El Dorado, KS 67042 | Full Service B&M | $154,849 |
| Commerce Bank | 6271 Mid Rivers Mall Dr Saint Charles, MO 63304 | Full Service B&M | $150,926 |
| Commerce Bank | 6305 W. 135th St. Overland Park, KS 66223 | Full Service B&M | $263,372 |
| Commerce Bank | 6327 Chippewa St Saint Louis, MO 63109 | Full Service B&M | $135,913 |
| Commerce Bank | 6334 Ne Antioch Rd Gladstone, MO 64119 | Full Service B&M | $106,810 |
| Commerce Bank | 6336 Brookside Plz Kansas City, MO 64113 | Limited, Drive-thru | $204,755 |
| Commerce Bank | 6383 Clayton Rd Saint Louis, MO 63117 | Full Service B&M | $113,732 |
| Commerce Bank | 6424 E 13th St N Wichita, KS 67206 | Full Service B&M | $89,827 |
| Commerce Bank | 6630 Delmar Blvd University City, MO 63130 | Full Service B&M | $110,646 |
| Commerce Bank | 6655 Martway St Mission, KS 66202 | Full Service Retail | $0 |
| Commerce Bank | 6705 Blue Ridge Blvd Raytown, MO 64133 | Full Service B&M | $71,453 |
| Commerce Bank | 727 Poyntz Ave Manhattan, KS 66502 | Full Service B&M | $187,698 |
| Commerce Bank | 7400 N Orange Prairie Rd Peoria, IL 61615 | Full Service B&M | $36,782 |
| Commerce Bank | 750 Ne Woods Chapel Rd Lees Summit, MO 64064 | Full Service B&M | $142,067 |
| Commerce Bank | 7910 Clayton Rd Richmond Heights, MO 63117 | Full Service B&M | $144,969 |
| Commerce Bank | 8000 Forsyth Boulevard Clayton, MO 63105 | Full Service B&M | $2,814,458 |
| Commerce Bank | 8045 Big Bend Blvd Webster Groves, MO 63119 | Full Service B&M | $168,744 |
| Commerce Bank | 809 Sw M 150 Highway Lees Summit, MO 64082 | Full Service B&M | $87,134 |
| Commerce Bank | 8190 N Lindbergh Blvd Florissant, MO 63031 | Full Service B&M | $135,366 |
| Commerce Bank | 8200 E 171st St Belton, MO 64012 | Full Service B&M | $112,327 |
| Commerce Bank | 825 N Main St Hutchinson, KS 67501 | Full Service B&M | $80,433 |
| Commerce Bank | 8450 East Crescent Parkway, Suite 150 Englewood, CO 80111 | Full Service B&M | $91,892 |
| Commerce Bank | 858 Meramec Station Rd Valley Park, MO 63088 | Full Service B&M | $101,175 |
| Commerce Bank | 8615 N Knoxville Ave Peoria, IL 61615 | Full Service B&M | $104,300 |
| Commerce Bank | 8700 Monrovia St Lenexa, KS 66215 | Full Service B&M | $293,126 |
| Commerce Bank | 8878 W 21st St N Wichita, KS 67205 | Full Service B&M | $111,016 |
| Commerce Bank | 89 Main St Cassville, MO 65625 | Full Service B&M | $55,852 |
| Commerce Bank | 9001 State Line Rd Kansas City, MO 64114 | Full Service B&M | $130,685 |
| Commerce Bank | 901 E Broadway Columbia, MO 65201 | Full Service B&M | $68,266 |
| Commerce Bank | 901 S National Ave Springfield, MO 65804 | Full Service B&M | $20,701 |
| Commerce Bank | 901 South Vandeventer Avenue Saint Louis, MO 63110 | Full Service B&M | $51,702 |
| Commerce Bank | 901b Richardson Drive Ashland, MO 65010 | Full Service B&M | $0 |
| Commerce Bank | 9155 Nw 45 Hwy Parkville, MO 64152 | Full Service B&M | $114,410 |
| Commerce Bank | 9239 Ne Hwy 152 Kansas City, MO 64158 | Full Service B&M | $101,714 |
| Commerce Bank | 9501 Antioch Road Overland Park, KS 66212 | Full Service B&M | $70,518 |
| Commerce Bank | 955 Iowa St Lawrence, KS 66044 | Full Service B&M | $145,800 |
| Commerce Bank | 956 Jeffco Blvd Arnold, MO 63010 | Full Service B&M | $115,599 |
| Commerce Bank | 9620 E 21st St N Wichita, KS 67226 | Full Service B&M | $83,099 |
| Commerce Bank | 9850 Saint Charles Rock Rd Saint Ann, MO 63074 | Full Service B&M | $79,046 |
| Commerce Bank | 995 Columbia Centre Columbia, IL 62236 | Full Service B&M | $51,587 |
| Commerce Bank | North 17th And Anderson Avenue Manhattan, KS 66502 | Full Service B&M | $22,388 |
For 2021, Commerce Bank had 167 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $834,237 |
| Net interest income | $821,294 |
| Total noninterest income | $557,196 |
| Gross Fiduciary activities income | $181,568 |
| Service charges on deposit accounts | $97,217 |
| Trading account gains and fees | $18,990 |
| Additional Noninterest Income | $259,421 |
| Pre-tax net operating income | $653,173 |
| Securities gains (or losses, -) | $-3,176 |
| Income before extraordinary items | $508,457 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $508,457 |
| Minority interest net income | $26 |
| Net income | $508,431 |
| Sale, conversion, retirement of capital stock, net | $10,339 |
| Net operating income | $510,966 |
Commerce Bank's gross interest income from loans was $834,237,000.
Commerce Bank's net interest income from loans was $821,294,000.
Commerce Bank's fee based income from loans was $97,217,000.
Commerce Bank's net income from loans was $508,431,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $12,943 |
| Provision for credit losses | $-66,326 |
| Total noninterest expense | $791,643 |
| Salaries and employee benefits | $485,545 |
| Premises and equipment expense | $66,513 |
| Additional noninterest expense | $239,585 |
| Applicable income taxes | $141,540 |
| Net charge-offs | $18,567 |
| Cash dividends | $340,000 |
Commerce Bank's interest expense for loans was $12,943,000.
Commerce Bank's payroll and benefits expense were $485,545,000.
Commerce Bank's property, plant and equipment expenses $66,513,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.9% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $30,064,476 |
| Deposits held in domestic offices | $30,064,476 |
| Deposits by Individuals, partnerships, and corporations | $27,629,095 |
| Deposits by U.S. Government | $408 |
| Deposits by States and political subdivisions in the U.S. | $2,302,136 |
| Deposits by Commercial banks and other depository institutions in U.S. | $132,807 |
| Deposits by Banks in foreign countries | $30 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $6,833,341 |
| Demand deposits | $4,856,342 |
| Nontransaction accounts | $23,231,135 |
| Money market deposit accounts (MMDAs) | $20,262,721 |
| Other savings deposits (excluding MMDAs) | $1,525,799 |
| Total time deposits | $1,442,615 |
| Total time and savings deposits | $25,208,134 |
| Noninterest-bearing deposits | $12,023,776 |
| Interest-bearing deposits | $18,040,700 |
| Retail deposits | $29,254,118 |
| IRAs and Keogh plan accounts | $186,075 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $36,515,611 |
| Cash & Balances due from depository institutions | $4,292,674 |
| Interest-bearing balances | $3,971,712 |
| Total securities | $14,441,241 |
| Federal funds sold & reverse repurchase | $1,627,800 |
| Net loans and leases | $15,034,930 |
| Loan and leases loss allowance | $150,044 |
| Trading account assets | $46,312 |
| Bank premises and fixed assets | $384,275 |
| Other real estate owned | $2,224 |
| Goodwill and other intangibles | $154,491 |
| All other assets | $531,664 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $36,515,611 |
| Total Liabilities | $33,517,980 |
| Total deposits | $30,064,476 |
| Interest-bearing deposits | $18,040,700 |
| Deposits held in domestic offices | $30,064,476 |
| % insured (estimated) | $52 |
| Federal funds purchased and repurchase agreements | $3,022,966 |
| Trading liabilities | $12,559 |
| Other borrowed funds | $50,046 |
| Subordinated debt | $0 |
| All other liabilities | $367,933 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $15,034,930 |
| Loan and leases loss allowance | $150,044 |
| Total loans and leases (domestic) | $15,184,974 |
| All real estate loans | $7,453,973 |
| Real estate loans in domestic offices | $7,453,973 |
| Construction and development loans | $1,119,587 |
| Residential 1-4 family construction | $96,618 |
| Other construction, all land development and other land | $1,022,969 |
| Loans secured by nonfarm nonresidential properties | $2,489,911 |
| Nonfarm nonresidential secured by owner-occupied properties | $1,177,133 |
| Commercial real estate & other non-farm, non-residential | $1,312,778 |
| Multifamily residential real estate | $354,282 |
| 1-4 family residential loans | $3,311,392 |
| Farmland loans | $178,801 |
| Loans held in foreign offices | $0 |
| Farm loans | $108,688 |
| Commercial and industrial loans | $3,238,743 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $2,384,559 |
| Credit card loans | $575,410 |
| Related Plans | $723,273 |
| Consumer Auto Loans | $855,426 |
| Other loans to individuals | $230,450 |
| All other loans & leases | $1,999,011 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $552,935 |
| Loans to depository institutions and acceptances of other banks | $5,905 |
| Loans not secured by real estate | $111,432 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $56,205 |
| Non 1-4 family restructured loans & leases | $52,178 |
| Total loans and leases (foreign) | $0 |
Commerce Bank had $15,034,930,000 of loans outstanding in 2021. $7,453,973,000 of loans were in real estate loans. $1,119,587,000 of loans were in development loans. $354,282,000 of loans were in multifamily mortgage loans. $3,311,392,000 of loans were in 1-4 family mortgage loans. $108,688,000 of loans were in farm loans. $575,410,000 of loans were in credit card loans. $855,426,000 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 1,310 | $304,920 | $232,763 |
| Nonfarm, nonresidential loans - <$100k | 219 | $8,872 | $40,511 |
| Nonfarm, nonresidential loans - $100-250k | 427 | $49,826 | $116,689 |
| Nonfarm, nonresidential loans - $250k-1MM | 664 | $246,222 | $370,816 |
| Commercial & Industrial, US addressed loans - <$1MM | 11,110 | $423,858 | $38,151 |
| Commercial & Industrial, US addressed loans - <$100k | 9,270 | $90,540 | $9,767 |
| Commercial & Industrial, US addressed loans - $100-250k | 971 | $81,333 | $83,762 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 869 | $251,985 | $289,971 |
| Farmland loans - <$1MM | 665 | $87,133 | $131,027 |
| Farmland loans - <$100k | 234 | $9,738 | $41,615 |
| Farmland loans - $100-250k | 286 | $36,628 | $128,070 |
| Farmland loans - $250k-1MM | 145 | $40,767 | $281,152 |
| Agriculture operations loans - <$1MM | 1,244 | $61,052 | $49,077 |
| Agriculture operations loans - <$100k | 994 | $22,119 | $22,253 |
| Agriculture operations loans - $100-250k | 171 | $19,913 | $116,450 |
| Agriculture operations loans - $250k-1MM | 79 | $19,020 | $240,759 |