$21.6M
total assets, December 31, 1989
Commerce Bank of Tampa was a state member bank in Tampa, FL. It failed on Feb 2, 1990, and Southern Exchange Bank took over its deposits. At its last report it held $21.6 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Feb 2, 1990
- Assets
- $21.6M
- Deposits
- $22.3M
- Estimated cost
- $4.0M
- Deposits went to
- Southern Exchange Bank, Tampa, FL
Total assets
$21.6M
-18.1% in a year · +13.0% in a quarter
Deposits
$22.3M
-7.7% in a year · +13.9% in a quarter
Loans
$13.0M
-14.1% in a year · -6.8% in a quarter
Profit so far
-$2.9M
Jan 1 to Dec 31, 1989
Capital ratio
-3.79%
-12.25 pts in a year
Return on assets
-13.01%
-10.80 pts in a year
Facts
- Type
- State member bank
- Head office
- 3100 West Columbus Drive, Tampa, FL, 33607
- County
- Hillsborough
- Established
- Nov 15, 1985
- Failed
- Feb 2, 1990
- Employees
- 19
- Id
- b26429
Quarter by quarter
December 31, 1985 to December 31, 1989
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 Tampa?
$21.6 million in total assets and $22.3 million in deposits as of December 31, 1989, with assets down 18.1% from a year before. Its loans were $13.0 million.
Is Commerce Bank of Tampa profitable?
No: it lost $2.91 million from January 1 to December 31, 1989. Its return on assets was -13.01% a year; about 1% is typical.
When did Commerce Bank of Tampa fail?
Feb 2, 1990. Southern Exchange Bank of Tampa, FL took over its deposits. The estimated cost of the failure was $4.02 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.