Vitals
  • Total Assets
    79.9M -8.2 %
  • Total Deposits
    69.0M -4.6 %
  • Total Net Loans
    68.7M -16.1 %
  • Net Income
  • Book Value
    7.2M -9.9 %
  • Book Value x2
    14.5M -9.9 %
  • Book Value x3
    21.7M -9.9 %
ROAA

ROAE

Efficiency Ratio

118.419

Net Interest Margin

3.207

Balance Sheet Highlights
Financial Highlights Kent Commerce Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 79,904 222,528
Total Net Loans 68,676 173,963
Total Deposits 68,983 176,870
Total Equity 7,232 21,058
Profitability
Net Income — 1,647
Return on Average Assets — 1.187
Return on Average Equity — 6.967
Net Interest Margin 3.207 3.73
Efficiency Ratio 118.419 80.181
Noninterest Income/Revenue 38.557
Balance Sheet Ratios
Loan-to-Deposit 99.555 91.969
Securities/Assets .499
Total Equity/Total Assets .091 .095
Tangible Equity/Tangible Assets .081 -.099
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 5,885 19,359
Tier 2 Capital 899 2,318
Total Capital 6,784 21,368
Total Risk Weighted Assets 70,373 171,011
Leverage Ratio 7.35 9.601
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 8.36 12.906
Total Capital Ratio 9.64 14.091

Timeline for Kent Commerce Bank

Talmer West Bank

Kent Commerce Bank was acquired by Talmer West Bank 15 years

View Profile Mar 31 2009

Financial Commerce Corporation

Financial Commerce Corporation became a new parent organization for Kent Commerce Bank.

View Profile Jul 01 2008

Capitol Bancorp Ltd.

Capitol Bancorp Ltd. became a new parent organization for Kent Commerce Bank.

View Profile Jan 14 1998

Kent Commerce Bank

Kent Commerce Bank was established 26 years ago and is currently headquartered in Kentwood, MI.

Jan 12 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
Financial Commerce Corporation Parent 7/1/2008 3/30/2009
Capitol Bancorp Ltd. Parent 12/31/2000 6/30/2008
Capitol Bancorp Ltd. Parent 1/14/1998 12/30/2000
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