Detroit Commerce Bank
Detroit, MI — Domestic Branch of a Domestic Bank
Acquired Mar 2009
Vitals
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Total Assets101.0M -10.6 %
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Total Deposits87.5M -10.3 %
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Total Net Loans92.6M -14.0 %
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Net Income
-
Book Value8.5M -8.9 %
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Book Value x217.0M -8.9 %
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Book Value x325.5M -8.9 %
Balance Sheet Highlights
| Financial Highlights | Detroit Commerce Bank | All Insured Commercial Banks in Michigan |
| Balance Sheet $(000) | ||
| Total Assets | 101,044 | 222,528 |
| Total Net Loans | 92,590 | 173,963 |
| Total Deposits | 87,544 | 176,870 |
| Total Equity | 8,505 | 21,058 |
| Profitability | ||
| Net Income | — | 1,647 |
| Return on Average Assets | — | 1.187 |
| Return on Average Equity | — | 6.967 |
| Net Interest Margin | 3.692 | 3.73 |
| Efficiency Ratio | 84.893 | 80.181 |
| Noninterest Income/Revenue | 2.599 | 38.557 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 105.764 | 91.969 |
| Securities/Assets | .006 | .499 |
| Total Equity/Total Assets | .084 | .095 |
| Tangible Equity/Tangible Assets | .082 | -.099 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 8,124 | 19,359 |
| Tier 2 Capital | 1,176 | 2,318 |
| Total Capital | 9,300 | 21,368 |
| Total Risk Weighted Assets | 92,805 | 171,011 |
| Leverage Ratio | 7.98 | 9.601 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 8.75 | 12.906 |
| Total Capital Ratio | 10.02 | 14.091 |
Timeline for Detroit Commerce Bank
Talmer West Bank
Detroit Commerce Bank was acquired by Talmer West Bank 15 years
View Profile Mar 31 2009
Detroit Commerce Bank
Detroit Commerce Bank was established 25 years ago and is currently headquartered in Detroit, MI.
Dec 14 1998
Capitol Bancorp Ltd.
Capitol Bancorp Ltd. became a new parent organization for Detroit Commerce Bank.
View Profile Dec 14 1998| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Talmer West Bank | Buyer | 793,986 | Pooling of Interests | Discontinued | 3/31/2009 |
| Relationships | Role | Relationship Start | Relationship End |
| Capitol Bancorp Ltd. | Parent | 1/1/2003 | 3/30/2009 |
| Capitol Bancorp Ltd. | Parent | 3/27/2001 | 12/31/2002 |
| Capitol Bancorp Ltd. | Parent | 12/14/1998 | 3/26/2001 |
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