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October 24, 2012
Commerce National Bank Awarded a 5-star Rating by Bauer Financial, Inc.
President Bobby Roberts announced on October 24, 2012, that the bank had been awarded a 5-Star rating by Bauer Financial, Inc. Bauer Financial, located in Coral Gables, FL, is one of the premier bank rating agencies in the United States. This award was given for the period ending September 2012, and means that our bank is one of the strongest in the nation! Visit the BauerFinancial web site at www.bauerfinancial.com
February 11, 2013
Commerce National Bank Reports Results for 2012
Bobby Roberts, President & CEO reported the operating results for 2012. 2012 Net income for the bank was $1,792,000. Net income for 2011 was $2,087,000. This translates to a per share earning of $42.98 vs $49.56 for 2011.
The Bank’s 2012 total assets increased to $90,127,000; deposits increased to $78,377,000; and at year-end, the Bank’s capital was $10.60 million.
Mr. Roberts wishes to thank each shareholder and all of the customers of Commerce National Bank for their continued support.