Vitals
  • Total Assets
    90.5M -8.6 %
  • Total Deposits
    73.8M -6.9 %
  • Total Net Loans
    71.9M -18.5 %
  • Net Income
  • Book Value
    7.2M -17.4 %
  • Book Value x2
    14.4M -17.4 %
  • Book Value x3
    21.7M -17.4 %
ROAA

ROAE

Efficiency Ratio

109.887

Net Interest Margin

2.717

Balance Sheet Highlights
Financial Highlights Muskegon Commerce Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 90,455 222,528
Total Net Loans 71,923 173,963
Total Deposits 73,795 176,870
Total Equity 7,223 21,058
Profitability
Net Income — 1,647
Return on Average Assets — 1.187
Return on Average Equity — 6.967
Net Interest Margin 2.717 3.73
Efficiency Ratio 109.887 80.181
Noninterest Income/Revenue 6.657 38.557
Balance Sheet Ratios
Loan-to-Deposit 97.463 91.969
Securities/Assets .001 .499
Total Equity/Total Assets .08 .095
Tangible Equity/Tangible Assets .072 -.099
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 5,333 19,359
Tier 2 Capital 983 2,318
Total Capital 6,316 21,368
Total Risk Weighted Assets 74,226 171,011
Leverage Ratio 5.89 9.601
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 7.18 12.906
Total Capital Ratio 8.51 14.091

Timeline for Muskegon Commerce Bank

Talmer West Bank

Muskegon 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 Muskegon Commerce Bank.

View Profile Jul 01 2008

Muskegon Commerce Bank

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

Dec 03 1997

Capitol Bancorp Ltd.

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

View Profile Dec 03 1997
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 12/3/1997 12/30/2000
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