The Bank of Commerce
Wood Dale, IL · Owner: Bancshares Holding Corp
$163M
total assets, December 31, 2010
$163M
total assets, December 31, 2010
The Bank of Commerce was a state nonmember bank in Wood Dale, IL, owned by Bancshares Holding Corp. It failed on Mar 25, 2011, and Advantage National Bank took over its deposits. At its last report it held $163.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2010
This bank failed
- Failed on
- Mar 25, 2011
- Assets
- $163M
- Deposits
- $161M
- Estimated cost
- $44.1M
- Deposits went to
- Advantage National Bank, Elk Grove Village, IL
Total assets
$163M
-22.3% in a year · -3.4% in a quarter
Deposits
$161M
-16.4% in a year · -3.3% in a quarter
Loans
$135M
-20.3% in a year · -5.7% in a quarter
Profit so far
-$8.4M
Jan 1 to Dec 31, 2010
Capital ratio
0.41%
-3.83 pts in a year
Return on assets
-4.58%
+0.29 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 171 East Irving Park Road, Wood Dale, IL, 60191
- County
- Dupage
- Holding company
- Bancshares Holding Corp
- Established
- Apr 21, 1997
- Failed
- Mar 25, 2011
- Employees
- 15
- Branches
- 1
- Id
- b34292
Quarter by quarter
June 30, 1997 to December 31, 2010
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 The Bank of Commerce?
$163.1 million in total assets and $161.4 million in deposits as of December 31, 2010, with assets down 22.3% from a year before. Its loans were $134.6 million.
How many branches does The Bank of Commerce have?
1 branch in Illinois as of June 30, 2026.
Is The Bank of Commerce profitable?
No: it lost $8.35 million from January 1 to December 31, 2010. Its return on assets was -4.58% a year; about 1% is typical.
Who owns The Bank of Commerce?
The Bank of Commerce is owned by Bancshares Holding Corp, its holding company.
When did The Bank of Commerce fail?
Mar 25, 2011. Advantage National Bank of Elk Grove Village, IL took over its deposits. The estimated cost of the failure was $44.1 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.