Welcome to our dedicated page for First Commerce Bank news (Ticker: CMRB), a resource for investors and traders seeking the latest updates and insights on First Commerce Bank stock.
First Commerce Bancorp, Inc. (CMRB) is the holding company for First Commerce Bank, a community-focused commercial bank headquartered in Lakewood, New Jersey. This news page aggregates the company’s public announcements and financial updates so readers can follow developments affecting the bank and its holding company.
Company releases regularly cover quarterly and year-to-date financial results, including net income, net interest income, net interest margin, returns on average assets and equity, and efficiency ratios. These updates also discuss trends in loans, deposits, investment securities, cash and cash equivalents, and the allowance for credit losses, with management commentary on credit quality, CECL modeling and non-accrual loans.
News items highlight balance sheet growth driven by commercial mortgage and construction lending, changes in deposit mix, and the use of wholesale funding such as Federal Home Loan Bank advances. They also describe strategic actions such as the formation of the bank holding company, stock repurchase programs, cash dividend declarations and subsequent suspension of future dividends in favor of repurchases.
In addition, readers will find announcements on capital initiatives, including the private placement of a subordinated note intended to qualify as Tier 2 capital, as well as updates on digital banking enhancements and branch network developments in New Jersey. Management commentary provides context on how interest rate conditions, competition for deposits and regulatory considerations influence performance.
Investors and followers of CMRB can use this page to review historical and recent news, compare management’s commentary across periods, and monitor how First Commerce Bancorp, Inc. describes its strategy, risk management and community banking activities over time.
First Commerce Bancorp (OTCID: CMRB) reported Q1 2026 net income of $3.5M versus $1.7M in Q1 2025 and declared a cash dividend of $0.05 per share payable May 28, 2026 to holders of record May 13, 2026.
Key metrics: loans $1.47B, deposits $1.32B, NIM 2.85%, book value $9.22, and a $21.0M share repurchase completed.
First Commerce Bancorp (OTCID: CMRB) declared a $0.05 per common share cash dividend to shareholders of record on April 13, 2026, payable April 28, 2026.
The Board cited recent capital and capital-return actions: a $40.0 million subordinated debt offering, a completed tender offer repurchasing 3.0 million shares at a discount, and two 10% repurchase plans. Total share repurchases exceed 7.5 million shares, reducing outstanding shares from 24.5 million to ~17.0 million, which the company says should boost tangible book value, EPS and ROE prospectively.
First Commerce Bancorp (OTCID: CMRB) completed a tender offer to repurchase up to 3,000,000 common shares at $7.00 per share, expiring February 27, 2026. The company accepted 3,000,000 shares for an aggregate purchase price of approximately $21.0 million (excluding fees).
From 3,136,650 validly tendered shares, purchases were prorated at approximately 95.58679%, and the repurchased shares equal roughly 15% of outstanding shares as of February 27, 2026. Payment will be made from existing cash and cash equivalents.
First Commerce Bancorp (OTCID: CMRB) concluded its tender offer to repurchase up to 3,000,000 common shares at $7.00 per share, with the offer closing on February 27, 2026 at 5:00 P.M. EST.
Based on a preliminary count, 2,974,738 shares were validly tendered (about 14.9% of outstanding shares). The company used Performance Trust Capital Partners as deal manager, Computershare as depositary, and Georgeson as information agent.
First Commerce Bancorp (OTCID:CMRB) reported net income of $3.2M for Q4 2025 and $8.3M for full-year 2025, versus $1.1M and $4.5M in 2024. EPS were $0.16 Q4 and $0.41 FY. Loans rose 14.5% to $1.42B, deposits rose 10.3% to $1.30B, total assets grew 15.7% to $1.79B, and NIM reached 3.03%.
Company completed a $38.9M subordinated note offering, repurchased 1,051,000 shares for ~$6.6M, and reported ROA 0.73% and ROE 7.24% at December 31, 2025.
First Commerce Bancorp (OTCID: CMRB) launched a tender offer on January 28, 2026 to repurchase up to 3,000,000 shares of common stock at $7.00 per share. The Offer expires on February 27, 2026 at 5:00 p.m. EST unless extended. Dealers and agents: Performance Trust Capital Partners is Deal Manager, Computershare is Depositary, and Georgeson LLC is Information Agent. The Offer to Purchase with detailed terms is being mailed to eligible shareholders and is available on the company investor relations website.
First Commerce Bancorp (OTCID: CMRB) announced a Board-approved tender offer to repurchase up to 3,000,000 shares at $7.00 per share, beginning January 28, 2026 and expiring February 27, 2026 at 5:00 p.m. EST unless extended.
The Offer is intended to provide supplemental liquidity to long‑term shareholders; Offer to Purchase details, conditions, and withdrawal rights are available to eligible shareholders.
First Commerce Bancorp (OTC: CMRB) completed a private placement of a $40.0 million 7.75% Fixed-to-Floating Rate Subordinated Note due December 30, 2035. Interest is fixed at 7.75% semi‑annually through Dec 30, 2030, then resets quarterly to three‑month SOFR + 432 bps. The note may be redeemed beginning Dec 30, 2030 (subject to regulatory approval) and is intended to qualify as Tier 2 capital. Net proceeds will be used for general corporate purposes; part of the funds downstreamed to the bank are described as leverageable Tier 1 capital.
First Commerce Bancorp (OTC: CMRB) reported net income of $2.1M for Q3 2025 and $5.1M for the nine months ended September 30, 2025, up from $1.1M and $3.4M year‑ago, respectively. Basic EPS were $0.10 (Q3) and $0.25 (YTD).
Key drivers included loan growth to $1.40B (+12.7% vs Dec 31, 2024), deposits to $1.28B (+9.2%), investment securities up to $172.2M (+53.4%), a higher net interest margin of 2.61%, and repurchases of 991,000 shares for ~$6.2M. Book value per share rose to $8.63 at Sept 30, 2025.
First Commerce Bancorp (OTC: CMRB) reported strong Q2 2025 results with net income of $1.3 million for the quarter and $3.0 million year-to-date, up from $1.1 million and $2.2 million respectively in 2024. The bank demonstrated significant growth with total loans increasing 11.1% to $1.38 billion and deposits rising 6.2% to $1.25 billion.
Key metrics showed improvement with net interest margin increasing to 2.47%, up from 2.38% year-over-year. The bank successfully resolved a $21.0 million non-accrual loan in Q2, improving asset quality. Book value per share increased to $8.51, and the company maintained an active share repurchase program, buying back 904,000 shares at an average price of $6.23.
[ "Net income increased 18.2% to $1.3M in Q2 2025 vs $1.1M in Q2 2024", "Total loans grew 11.1% to $1.38B from December 2024", "Total deposits increased 6.2% to $1.25B from December 2024", "Net interest margin improved to 2.47%, up 9 basis points YoY", "Successfully resolved $21M non-accrual loan issue from previous quarter", "Book value per share increased to $8.51 from $8.19 YoY" ]