HOW HEALTHY IS THIS BANK?
Talmer Bank and Trust
This bank acquired Community Central Bank, headquartered in Mount Clemens, MI, after it failed on April 29, 2011.
This bank acquired Peoples State Bank, headquartered in Hamtramck, MI, after it failed on Feb. 11, 2011.
This bank acquired First Banking Center, headquartered in Burlington, WI, after it failed on Nov. 19, 2010.
This bank acquired CF Bancorp, headquartered in Port Huron, MI, after it failed on April 30, 2010.
This bank acquired Lakeside Community Bank, headquartered in Sterling Heights, MI, after it failed on April 16, 2010.
(Only bank failures since Jan. 1, 2010 are listed)
The troubled asset ratio
1. A "troubled asset ratio" compares the sum of troubled assets with the sum of Tier 1 Capital plus Loan Loss Reserves. Generally speaking, higher values in this ratio indicate that a bank is under more stress caused by loans that are not paying as scheduled. Each bank graphic is on it's own scale: use caution when comparing two banks.
2. The graphs are for comparing this bank to the national median troubled asset ratio. Because the ratio varies so widely among banks across the nation, the scale is not consistent from bank to bank and the graphs should not be used to compare banks to one another.
Financial details for Talmer Bank and Trust
Note: The Federal Deposit Insurance Corp. insures deposit accounts up to $250,000. The "troubled asset ratio" is not an FDIC statistic. It is derived by adding the amounts of loans past due 90 days or more, loans in non-accrual status and other real estate owned (primarily properties obtained through foreclosure) and dividing that amount by the bank's capital and loan loss reserves. It is reported as a percentage. For example, a bank with $100,000 in "troubled assets" and $1,000,000 in capital would have a "troubled asset ratio" of 10 percent. For a fuller explanation, see our methodology.