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.
View our current Shareholder letter
View our Q2 Shareholder Letter
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.
Selling/Buying CBOF Stock and Market Makers
The Bank has identified four different securities firms which specialize in moving community bank stock. You can contact any of the four if you are interested in selling or buying CBOF stock.
|
JWTT Inc. |
Imus Wilkinson Investment Management |
Raymond James & Associates |
RMH Investment Management, LLC |
|
Joey Warmenhoven or Tom Thiel [email protected] or [email protected] |
Eb Wilkinson |
John Thomas Cavender |
Richard Mundinger, CFA |
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 |
YTD 2019 |
YE 2018 |
YE 2017 |
YE 2016 |
YE 2015 |
Balance Sheet (000s) |
|||||
|
Total Assets |
$251,412 |
$211,322 |
$189,540 |
$174,345 |
$173,525 |
|
Total Net Loans |
$178,120 |
$173,322 |
$156,649 |
$147,530 |
$138,136 |
|
Total Deposits |
$221,032 |
$176,358 |
$162,288 |
$157,581 |
$158,610 |
|
Total Equity |
$25,827 |
$24,021 |
$22,057 |
$11,575 |
$10,931 |
Balance Sheet Ratio (%) |
|||||
|
Loans / Deposits |
81% |
98% |
97% |
94% |
87% |
Capital Adequacy (%) |
|||||
|
Common Equity Tier 1 Capital (CET1) Ratio |
12.97% |
13.21% |
13.60% |
7.49% |
7.35% |
|
Tier 1 Leverage Ratio |
11.06% |
11.61% |
11.80% |
6.72% |
6.34% |
|
Tier 1 Capital Ratio |
12.97% |
13.21% |
13.6% |
7.49% |
7.35% |
|
Total Capital Ratio |
14.22% |
14.46% |
14.86% |
8.75% |
8.62% |
|
Book Value per Share |
$2.65 |
$2.43 |
$2.21 |
$2.13 |
$1.97 |
Profitability (%) - YTD |
|||||
|
Net Income (000s) |
$1,642 |
$1,921 |
$1,000 |
$536 |
($271) |
|
ROA |
0.96% |
0.96% |
0.55% |
0.31% |
-0.16% |
|
ROE |
8.75% |
8.34% |
5.70% |
4.79% |
-2.84% |
|
Net Interest Margin |
4.62% |
4.91% |
4.59% |
4.59% |
4.59% |
|
Efficiency Ratio |
82% |
84% |
88% |
98% |
109% |