Comerica Bank

Established in 1849

About Comerica Bank

Comerica Bank was established on 1849. The bank's headquarters are located at 1717 Main Street in Dallas, Texas.

Comerica Bank is an FDIC insured bank with FDIC number 983 managing assets to the value of $88,120,000 as of 12/31/2020.

Comerica Bank has a Texas ratio of 4.41%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

4.41%
Texas Ratio
FDIC Certificate #

983

Active Insured Since #

1/1/1934

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $88,120,000
Equity Capital $8,118,000
Total Deposits $74,518,000
Total Liabilities $80,002,000
Total Securities $15,071,000
Net Loans And Leases $51,348,000
Loan Loss Allowance $948,000
Total Loans And Leases $52,296,000
YTD (as of 12/31/2020)
Return On Assets 0.57%
Return On Equity 5.80%
Total Interest Income $2,093,000
Total Interest Expense $155,000
Total Non Interest Income $1,016,000
Total Non Interest Expense $1,847,000

Headquarters

1717 Main Street 75201, Dallas

Comerica Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $52,296,000 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Comerica Bank Mortgage Loans Profile

Classic Bank

45.18%

Application Approval Rate

Classic Bank

$233,983

Average Mortgage Loan Amount

Classic Bank

13,921

Number of Loan Applications

Classic Bank

$176,324

Average Income of Applicants with Approved Loans

Classic Bank

0.83%

Average Cost of Loans

Classic Bank

33.53%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Harris

Number of Loan Applications
1,561
Average Loan Amount
$159,150
Approval Rate
28.25%
Average Income of Approved Loans’ Applicants
$129,019

2 Oakland

Number of Loan Applications
1,311
Average Loan Amount
$184,603
Approval Rate
51.87%
Average Income of Approved Loans’ Applicants
$164,624

3 Wayne

Number of Loan Applications
1,281
Average Loan Amount
$117,305
Approval Rate
39.97%
Average Income of Approved Loans’ Applicants
$106,330

4 Los Angeles

Number of Loan Applications
1,174
Average Loan Amount
$369,828
Approval Rate
49.57%
Average Income of Approved Loans’ Applicants
$285,198

5 Dallas

Number of Loan Applications
1,042
Average Loan Amount
$194,209
Approval Rate
40.02%
Average Income of Approved Loans’ Applicants
$130,904

6 Macomb

Number of Loan Applications
935
Average Loan Amount
$105,442
Approval Rate
48.45%
Average Income of Approved Loans’ Applicants
$86,922

Top States by Number of Mortgage Loan Applications

1 Michigan

Number of Loan Applications
4,964
Average Loan Amount
$144,778
Approval Rate
49.09%
Average Income of Approved Loans’ Applicants
$127,211

2 Texas

Number of Loan Applications
4,311
Average Loan Amount
$201,725
Approval Rate
35.77%
Average Income of Approved Loans’ Applicants
$148,948

3 California

Number of Loan Applications
3,684
Average Loan Amount
$329,884
Approval Rate
50.52%
Average Income of Approved Loans’ Applicants
$249,213

4 Arizona

Number of Loan Applications
661
Average Loan Amount
$171,667
Approval Rate
46.75%
Average Income of Approved Loans’ Applicants
$144,078

5 Florida

Number of Loan Applications
236
Average Loan Amount
$493,587
Approval Rate
38.98%
Average Income of Approved Loans’ Applicants
$449,337

6 Colorado

Number of Loan Applications
16
Average Loan Amount
$3,103,333
Approval Rate
75.00%
Average Income of Approved Loans’ Applicants
$371,000