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Overview / Commentary
248-649-2305
2301 West Big Beaver Road
Troy, MI 48084

Talmer Bank and Trust is headquartered in Troy and is the 3rd largest bank in the state of Michigan. It is also the 190th largest bank in the nation. It was established in 2007 and as of June of 2014, it had grown to 1,289 employees at 83 locations. Talmer Bank and Trust has a B+ health rating.

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Health

Data for Q2 2014

Institution Health

B+

Texas Ratio

GRADE:
C+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Talmer Bank and Trust had $151.05 million in non-current loans and owned real-estate with $622.73 million in equity and loan loss allowances on hand to cover it. This gives Talmer Bank and Trust a Texas Ratio of 24.26% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Talmer Bank and Trust decreased slightly from 31.35% as of June 30, 2013 to 24.26% as of June 30, 2014, resulting in a positive change of 22.64%.This indicates that the balance sheet and financial strength for Talmer Bank and Trust has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Talmer Bank and Trust has increased its total deposits by $1.68 billion, resulting in 90% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Talmer Bank and Trust has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Talmer Bank and Trust has $4.68 billion in assets with $622.73 million in equity, resulting in a capitalization level of 13.30%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58132
Year Established2007
Employees1289
Primary RegulatorFDIC
Assets and Liabilities
Assets$4.68 billion
Loans$3.31 billion
Deposits$3.55 billion
Equity Capital$568.10 million
Loan Loss Allowance$54.63 million
Unbacked Noncurrent Loans$136.04 million
Real Estate Owned$15.01 million
Historic Data - June 2013
Assets$2.26 billion
Equity Capital$263.06 million
Loan Loss Allowance$57.08 million
Unbacked Noncurrent Loans$136.04 million
Real Estate Owned$1.71 million
Profit Margin - Quarterly
Return on Assets1.02%
Return on Equity8.36%
Interest Income$86.92 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Talmer Bank and Trust, we are a rate comparison website and can not provide official rates or promotions.

Talmer Bank and Trust Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$250k-IRA Savings
0.30%$250k-Roth IRA Savings
0.30%$250k-SEP IRA Savings
0.05%--Holiday Savings
0.05%--Health Savings Account (HSA)
0.05%--Kids Club Savings
0.05%--Classic Savings
0.05%--Business Savings

Talmer Bank and Trust Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$50k-Personal Money Market
0.20%$50k-Business Money Market

Talmer Bank and Trust Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$50k-Platinum NOW Checking
0.10%--iBusiness Checking
0.05%--Classic NOW Checking

Talmer Bank and Trust CD Rates

DetailsAPYMINMAXPRODUCT
1.15%--60-71 Month CD
1.15%--72 Month CD
1.15%--Business 60-71 Month CD
1.15%--Business 72 Month CD
0.80%--48-59 Month CD
0.80%--Business 48-59 Month CD
0.65%--36-47 Month CD
0.65%--Business 36-47 Month CD
0.50%-$100k30-35 Month CD
0.50%-$100kBusiness 30-35 Month CD
0.40%--24-29 Month CD
0.40%--Business 24-29 Month CD
0.30%$100k-20 Month CD
0.30%$100k-Business 20 Month CD
0.25%--18-23 Month CD
0.25%--Business 18-23 Month CD
0.20%--12-17 Month CD
0.20%--Business 12-17 Month CD
0.15%$100k-7-31 Day CD
0.15%--32-89 Day CD
0.15%--90-179 Day CD
0.15%--180-364 Day CD
0.15%$100k-Business 7-31 Day CD
0.15%--Business 32-89 Day CD
0.15%--Business 90-179 Day CD
0.15%--Business 180-364 Day CD

Talmer Bank and Trust IRA Rates

DetailsAPYMINMAXPRODUCT
1.15%--60-71 Month IRA
1.15%--72 Month IRA
0.80%--48-59 Month IRA
0.65%--36-47 Month IRA
0.50%-$100k30-35 Month IRA
0.40%--24-29 Month IRA
0.30%$100k-20 Month IRA
0.25%--18-23 Month IRA
0.20%--12-17 Month IRA
0.15%$100k-7-31 Day IRA
0.15%--32-89 Day IRA
0.15%--90-179 Day IRA
0.15%--180-364 Day IRA
Locations

Talmer Bank and Trust has 45 locations. Click to view all Talmer Bank and Trust locations.