FDIC Certificate #: 14939 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Talmer Bank and Trust (#58132) Federal Reserve ID: 749046 Date Established: Febuary 11, 1909 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 11 (Interstate: No) OTS Docket #: 14564 FDIC's unique #: 9357 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: December 20, 1934 Last Structure Change Effective Date: Febuary 11, 2011 Last Structure Change Process Date: Febuary 14, 2011 Last Data Update: Febuary 14, 2011 Data Source Date: April 05, 2012
Location
Address: 9252 Jos. Campau Avenue, Hamtramck, MI 48212 County: Wayne Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Detroit Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Detroit, MI (#2160) Consolidated Metropolitan Statistical Area (CMSA): Detroit-Ann Arbor-Flint, MI (#35) Combined Statistical Area (CSA): Detroit-Warren-Flint, MI (#220) Core Based Statistical Area (CBSA): Detroit-Warren-Livonia, MI (#19820) CBSA Metro Statistical Area: Detroit-Warren-Livonia, MI (#19820) Core Based Statistical Division: Detroit-Livonia-Dearborn, MI (#19804)
Financial Summary
Total assets: $390.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
111Total employees (full-time equivalent)
$390,524Total assets
$15,538Cash and due from depository institutions
$8,378Interest-bearing balances
$44,300Securities
$0Federal funds sold & reverse repurchase agreements
$302,437Net loans & leases
$16,618Loan loss allowance
$0Trading account assets
$14,625Bank premises and fixed assets
$8,154Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$5,470All other assets
$390,524Total liabilities and capital
$391,697Total liabilities
$389,868Total deposits
$330,405Interest-bearing deposits
$389,868Deposits held in domestic offices
97.62%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$342Other borrowed funds
$0Subordinated debt
$1,487All other liabilities
$-1,173Total equity capital
$-1,173Total bank equity capital
$-1,173Perpetual preferred stock
$0Common stock
$1,049Surplus
$34,667Undivided profits
Memoranda
$-36,889Noncurrent loans and leases
$19,927Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$52,325Earning assets
$0Long-term assets (5+ years)
$1,953Average Assets, year-to-date
$355,115Average Assets, quarterly
$64,316Volatile liabilities
$437,200Insider loans
$410,147FHLB advances
$88,036Loans and leases held for sale
$2,017Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,927Total unused commitments
$30,992Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$20,657Total interest income
$4,713Total interest expense
$15,944Net interest income
$19,251Provision for loan and lease losses
$2,703Total noninterest income
$0Fiduciary activities
$2,490Service charges on deposit accounts
$0Trading account gains & fees
$213Additional noninterest income
$17,722Total noninterest expense
$6,940Salaries and employee benefits
$2,743Premises and equipment expense
$8,039Additional noninterest expense
-$18,326Pre-tax net operating income
$163Securities gains (losses)
$5Applicable income taxes
-$18,168Income before extraordinary items
$0Extraordinary gains - net
-$18,168Net income attributable to bank
$0Net charge-offs
-$18,168Cash dividends
$12,102Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.15%Yield on earning assets
1.17%Cost of funding earning assets
3.97%Net interest margin
0.67%Noninterest income to earning assets
4.42%Noninterest expense to earning assets
-4.19%Net operating income to assets
-4.16%Return on assets (ROA)
-4.15%Pretax return on assets
-153.16%Return on equity (ROE)
-153.16%Retained earnings to average equity (YTD only)
3.55%Net charge-offs to loans
159.07%Credit loss provision to net charge-offs
0.08%Efficiency ratio
95,039Assets per employee
3.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.21%Loss allowance to noncurrent loans
31.76%Noncurrent assets plus other real estate owned to assets
15.49%Noncurrent loans to loans
16.40%Net loans and leases to deposits
77.57%Net loans and leases to core deposits
100.09%Equity capital to assets
-0.30%Core capital (leverage) ratio
-0.25%Tier 1 risk-based capital ratio
-0.35%Total risk-based capital ratio
Memoranda
-$0Average assets
$437,200Average earning assets
$11,862Average equity
$401,186Average loans
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