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Commerce Bank

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  1. NewStar Financial Posts 1Q Loss


    Wed, 6 May 2009

    sources is mixed, as near-term reductions in credit lines must be balanced against the pending acquisition of Southern Commerce Bank . Upon closing, that purchase will afford NewStar a deposit base and access to the Federal Reserve.

  2. NewStar Reports 4Q


    Wed, 18 Feb 2009

    NewStar's precarious funding position was somewhat ameliorated by the announcement that it intended to purchase Southern Commerce Bank . NewStar's access to funding should become more certain upon completion of the deal, thanks to the acquired bank's

  3. NewStar Acquires Southern Commerce


    Fri, 9 Jan 2009

    NewStar Financial NEWS has agreed to acquire Florida-based Southern Commerce Bank . The acquisition price will be based on the tangible book value of Southern Commerce on the closing date, but preliminary estimates

  4. Solid 2Q for Commerce Bank


    Fri, 18 Jul 2008

    Commerce Bancshares CBSH reported very solid second-quarter results. Positives included in-line provision expense and credit losses (up just 0.09% compared to the first quarter), stable nonaccrual loan levels and delinquencies, net interest margin expansion, and a very strong capital position. All

  5. Keeping Commerce Bancorp Fair Value


    Thu, 19 Aug 2004

    our above-average risk rating. The stock price has dropped substantially since late June, when news broke of two Commerce bank officers' arrests and a pending investigation into the bank's involvement in a "pay-for-play" scandal. Given

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