Talmer Bank and Trust (merged into Chemical Bank)
Talmer Bank and Trust reported total assets of $7.6 bn at Q3 2016, its last Call Report before it merged into Chemical Bank. The CET1 capital ratio at Talmer Bank and Trust was 12.60%, and the uninsured share of Talmer Bank and Trust was 33.39%. Source: FDIC Call Reports.
What sets Talmer Bank and Trust apart
Nothing in the latest data sets Talmer Bank and Trust apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is Talmer Bank and Trust?
The balance sheet of Talmer Bank and Trust at : assets $7.6 bn, deposits $5.4 bn, net loans $5.1 bn (loans equal to 95.82% of deposits). Securities make up 11.3% of total assets at Talmer Bank and Trust. Since , when Talmer Bank and Trust held $6.7 bn, its assets grew 13.2%. At , Talmer Bank and Trust employed 1,194 full-time equivalent staff across 82 offices, about $6.4 mn of assets per employee and $65.3 mn of deposits per office.
How much funding at Talmer Bank and Trust is uninsured?
At Talmer Bank and Trust, uninsured deposits (above the FDIC limit) made up 33.39% of domestic deposits at . In dollars, Talmer Bank and Trust estimated $1.8 bn of uninsured deposits.
Key facts, Q3 2016
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $5.4 bn | not available | |
| Net loans and leases | $5.1 bn | not available | |
| Loan-to-deposit ratio | 95.82% | not available | |
| Tier 1 leverage ratio | 10.89% | not available | |
| Total risk-based capital ratio | 12.70% | not available | |
| Net interest margin | 0.40% | not available | |
| Return on assets (ROA) | -0.23% | not available | |
| Efficiency ratio | 159.07% | not available | |
| Unrealized gain/loss on held-to-maturity securities | Gain of $4,000 | not available | |
| Unrealized gain/loss on available-for-sale securities | Gain of $1.1 mn | not available | |
| Noncurrent loans to total loans | 0.84% | not available | |
| Net charge-offs to average loans | 0.00% | not available |
US rank of Talmer Bank and Trust: 1 = highest unless marked 1 = lowest.
Balance sheet
Talmer Bank and Trust: assets, deposits and loans
- Total assets $7.6bn
- Deposits $5.4bn
- Net loans $5.1bn
Capital and securities
The CET1 ratio of Talmer Bank and Trust stood at 12.60% in . Low and high at Talmer Bank and Trust since : 12.60% () to 12.90% (). Equity capital of Talmer Bank and Trust at : $1.6 bn, or 21.2% of total assets. Talmer Bank and Trust also reported a total capital ratio of 12.70% for , and a tier 1 leverage ratio of 10.89%.
On held-to-maturity securities, Talmer Bank and Trust carried an unrealized gain of $4,000 at , equal to 0.0% of equity capital. The available-for-sale portfolio of Talmer Bank and Trust showed an unrealized gain of $1.1 mn at .
Talmer Bank and Trust: capital ratios
- Total capital 13%
- CET1 13%
- Tier 1 leverage 11%
Talmer Bank and Trust: unrealized securities gains and losses
- Available for sale $1mn
- Held to maturity $4,000
Profitability and loan quality
For the year to , Talmer Bank and Trust earned a return on equity of -1.63%; return on assets: -0.23%. Net interest margin at Talmer Bank and Trust: 0.40%. Talmer Bank and Trust net income: -$12.0 mn. The efficiency ratio of Talmer Bank and Trust was 159.07%: about 159 cents cost per revenue dollar, against 64 cents at the median peer.
At , noncurrent loans were 0.84% of total loans at Talmer Bank and Trust; net charge-offs: 0.00% of average loans. Gross loans and leases at Talmer Bank and Trust: $5.1 bn.
Talmer Bank and Trust: profitability
- Return on equity -1.6%
- Net interest margin 0.4%
- Return on assets -0.2%
Peer group of Talmer Bank and Trust
The peer group of Talmer Bank and Trust is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Talmer Bank and Trust (state nonmember bank) and 0 have head offices in Michigan. Against them, Talmer Bank and Trust shows CET1 ratio 12.60% against a peer median of 11.82%, return on equity -1.63% against a peer median of 6.97% and uninsured deposit share 33.39% against a peer median of 32.47%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Opus Bank | State nonmember bank | CA | $7.7 bn | 9.15% | 4.45% | 51.14% | |
| Simmons Bank | State member bank | AR | $7.7 bn | 13.54% | 9.79% | 34.96% | |
| Mutual of Omaha Bank | Federal savings bank | NE | $7.6 bn | 9.87% | 4.62% | 23.64% | |
| Talmer Bank and Trust | State nonmember bank | MI | $7.6 bn | 12.60% | -1.63% | 33.39% | |
| Boston Private Bank & Trust Company | State member bank | MA | $7.5 bn | 11.74% | 8.64% | 69.86% | |
| Dollar Bank, Federal Savings Bank | Federal savings bank | PA | $7.5 bn | 18.07% | 5.31% | 23.16% | |
| Rockland Trust Company | State nonmember bank | MA | $7.5 bn | 11.90% | 9.33% | 29.98% | |
. FDIC Call Reports.
Last eight quarters
Two years at Talmer Bank and Trust, to : assets $6.7 bn to $7.6 bn, deposits $5.2 bn to $5.4 bn, equity $778.3 mn to $1.6 bn. Staff 1,276 to 1,194.
| Metric | Q1 2016 | Q2 2016 | Q3 2016 |
|---|---|---|---|
| Total assets | $6.7 bn | $6.9 bn | $7.6 bn |
| Total deposits | $5.2 bn | $5.3 bn | $5.4 bn |
| Bank equity capital | $778.3 mn | $802.5 mn | $1.6 bn |
| CET1 ratio | 12.68% | 12.90% | 12.60% |
| Return on equity (ROE) | 12.29% | 11.05% | -1.63% |
| Uninsured share of domestic deposits | 32.16% | 32.13% | 33.39% |
| Full-time equivalent employees | 1,276 | 1,281 | 1,194 |
| Number of offices | 82 | 82 | 82 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Talmer Bank and Trust, oldest first; figures before and after each event are not like for like.
- . Merged into Chemical Bank (FDIC certificate 1003).
Questions and identifiers
What were the total assets of Talmer Bank and Trust?
Talmer Bank and Trust reported $7.6 bn at in its Call Report.
Is Talmer Bank and Trust the same as its holding company?
No. This page covers Talmer Bank and Trust, FDIC certificate 58132; CHEMICAL FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Talmer Bank and Trust profitable?
Talmer Bank and Trust reported net income of -$12.0 mn for the year to ; annualized return on equity: -1.63%. So no: Talmer Bank and Trust made a loss over these months.
When is data for Talmer Bank and Trust next updated?
Talmer Bank and Trust no longer files Call Reports; its data ends at .
Where can I check the figures for Talmer Bank and Trust?
In the FDIC BankFind Suite record for certificate 58132, and in the Call Reports of Talmer Bank and Trust (RSSD ID 3545324) at the FFIEC Central Data Repository.