Commerce Bank of Southwest Florida
Fort Myers, FL · Owner: Florida Commerce Bcorp Inc
$71.0M
total assets, September 30, 2009
$71.0M
total assets, September 30, 2009
Commerce Bank of Southwest Florida was a state nonmember bank in Fort Myers, FL, owned by Florida Commerce Bcorp Inc. It failed on Nov 20, 2009, and Central Bank took over its deposits. At its last report it held $71.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2009
This bank failed
- Failed on
- Nov 20, 2009
- Assets
- $71.0M
- Deposits
- $72.8M
- Estimated cost
- $32.2M
- Deposits went to
- Central Bank, Stillwater, MN
Total assets
$71.0M
+0.8% in a year · -8.2% in a quarter
Deposits
$72.8M
+26.3% in a year · +5.0% in a quarter
Loans
$52.8M
-21.0% in a year · -12.7% in a quarter
Profit so far
-$7.4M
Jan 1 to Sep 30, 2009
Capital ratio
-2.62%
-10.20 pts in a year
Return on assets
-13.13%
-8.39 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1520 Royal Palm Square Boulevard, Suite 100, Fort Myers, FL, 33919
- County
- Lee
- Holding company
- Florida Commerce Bcorp Inc
- Established
- Sep 14, 2005
- Failed
- Nov 20, 2009
- Employees
- 9
- Branches
- 1
- Id
- b58016
Quarter by quarter
September 30, 2005 to September 30, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Commerce Bank of Southwest Florida?
$71.0 million in total assets and $72.8 million in deposits as of September 30, 2009, with assets up 0.8% from a year before. Its loans were $52.8 million.
How many branches does Commerce Bank of Southwest Florida have?
1 branch in Florida as of June 30, 2026.
Is Commerce Bank of Southwest Florida profitable?
No: it lost $7.39 million from January 1 to September 30, 2009. Its return on assets was -13.13% a year; about 1% is typical.
Who owns Commerce Bank of Southwest Florida?
Commerce Bank of Southwest Florida is owned by Florida Commerce Bcorp Inc, its holding company.
When did Commerce Bank of Southwest Florida fail?
Nov 20, 2009. Central Bank of Stillwater, MN took over its deposits. The estimated cost of the failure was $32.2 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.