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Shareholder Relations

Commerce Bank of Arizona was founded in 2002 by Arizona business people who recognized the vital role a community bank serves in the success of small businesses in their local community.  The bank’s core values include creating local jobs, supporting the local economy, and giving back to the community where we live and work.  We pride ourselves on our knowledgeable bankers and lenders, transparent decisions, commitment to the community and access to a local Board of Directors and Management Team.

We are firmly committed to the values which have sustained the Bank’s success through the ups and downs of the Arizona and national economy, and the Bank is excited for those values to help drive the success of the small business communities in Tucson and Phoenix.

Stock Quote

CBOA Financial (parent company of Commerce Bank of Arizona) has listed its stock on the OTC Market, an over-the-counter market making platform for lightly traded stocks. The stock trades under the following stock symbol: CBOF. To obtain a quote, please go to: https://www.otcmarkets.com/stock/CBOF/quote.

Buying/Selling CBOF Stock

The Bank has identified three different securities firms which specialize in moving community bank stock. You can contact any of the three if you are interested in selling or buying CBOF stock.

Imus Wilkinson Investment Management  

Raymond James & Associates

 RMH Investment Management, LLC

Eb Wilkinson
Managing Partner
(520) 777- 1911                    eb@wilkinson.com
3561 E Sunrise Dr.
Suite 117
Tucson, AZ 85718

John Thomas Cavender              
Senior Vice President
(415) 616-8935
john.cavender@raymondjames.com
1 Embarcadero Center
Suite 650
San Francisco, CA 94111

Richard Mundinger, CFA
(520) 314-2300
(520) 314-4839
richard@rmhinvestment.com
5151 E Broadway Blvd.
Suite 1600
Tucson, AZ 85711

Stock Transfer & Warrant Agent

The Bank has engaged an outside vendor to act on behalf of the Bank as our stock transfer agent as well as our warrant agent. Continental Stock Transfer Agency maintains shareholder records for all CBOF shareholders. Your account may be managed online via shareholder relations at https://www.continentalstock.com/shareholder-information/ where you will be able to view account details, update information, and process various transactions, including warrant transactions.  

 Continental Stock Transfer & Trust Company
 1 State Street, 30th Floor
 New York NY 10004-1561
 (212) 509-4000 / (800) 509-5586

Call Report Data

Consolidated Reports of Condition and Income (a "Call Report") are filed each calendar quarter by every national bank, state member bank, insured state non-member bank and savings association. This report is available to the public and includes individual performance statistical data and risk profiles plus industry wide data. When searching for Call Reports utilize: https://cdr.ffiec.gov/public/

Financial Performance

Period Ended

YE 2018

YE 2017

YE 2016

YE 2015

Balance Sheet (000s)

Total Assets

$211,322

$189,540

$174,345

$173,525

Total Net Loans

$173,322

$156,649

$147,530

$138,136

Total Deposits

$176,358

$162,288

$157,581

$158,610

Total Equity

$24,021

$22,057

$11,575

$10,931

Balance Sheet Ratio (%)

Loans / Deposits

98%

97%

94%

87%

Capital Adequacy (%)

Common Equity Tier 1 Capital (CET1) Ratio

13.21%

13.60%

7.49%

7.35%

Tier 1 Leverage Ratio

11.61%

11.80%

6.72%

6.34%

Tier 1 Capital Ratio

13.21%

13.6%

7.49%

7.35%

Total Capital Ratio

14.46%

14.86%

8.75%

8.62%

Book Value per Share

$2.43

$2.21

$2.13

$1.97

Profitability (%) - YTD

Net Income (000s)

$1,921

$1,000

$536

($271)

ROA

0.96%

0.55%

0.31%

-0.16%

ROE

8.34%

5.70%

4.79%

-2.84%

Net Interest Margin

4.91%

4.59%

4.59%

4.59%

Efficiency Ratio

84%

88%

98%

109%