Commerce Bank of Arizona Tuscon Arizona

Randy Yenervich wiped this place out in no time

This zombie bank has $34MM in bad loans

Commerce Bank of Arizona Tucson Arizona was founded in 2002.  For some reason, they are not on the problem bank list.  I guess having a Texas ratio of 68% is not good enough these days.

Assets are $272MM with equity of $24MM.

The problem loan portfolio is $34MM with $21MM on non accrual.

They have $34MM in bad loans and $24MM in equity?

This bank is bankrupt.

Why aren’t they at least on the problem bank list.

Randall Yenerich the CEO, wiped this bank out in hurry. Give this guy a raise.

Do you bank with them?

I wouldn’t bank or do commerce with this zombie instition.


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