Vitals
  • Total Assets
    217.7M 14.6 %
  • Total Deposits
    189.9M 14.8 %
  • Total Net Loans
    192.1M 8.3 %
  • Net Income
    2.4M 5.1 %
  • Book Value
    18.0M 9.1 %
  • Book Value x2
    35.9M 9.1 %
  • Book Value x3
    53.9M 9.1 %
ROAA

1.131

ROAE

13.635

Efficiency Ratio

46.514

Net Interest Margin

3.611

Balance Sheet Highlights
Financial Highlights Portage Commerce Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 217,668 222,528
Total Net Loans 192,136 173,963
Total Deposits 189,858 176,870
Total Equity 17,966 21,058
Profitability
Net Income 2,366 1,647
Return on Average Assets 1.131 1.187
Return on Average Equity 13.635 6.967
Net Interest Margin 3.611 3.73
Efficiency Ratio 46.514 80.181
Noninterest Income/Revenue 6.806 38.557
Balance Sheet Ratios
Loan-to-Deposit 101.2 91.969
Securities/Assets .005 .499
Total Equity/Total Assets .083 .095
Tangible Equity/Tangible Assets .083 -.099
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 18,186 19,359
Tier 2 Capital 2,208 2,318
Total Capital 20,394 21,368
Total Risk Weighted Assets 198,571 171,011
Leverage Ratio 8.33 9.601
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.16 12.906
Total Capital Ratio 10.27 14.091

Timeline for Portage Commerce Bank

Talmer West Bank

Portage Commerce Bank was acquired by Talmer West Bank 15 years

View Profile Mar 31 2009

Capitol Bancorp Ltd.

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

View Profile Jul 01 1990

Portage Commerce Bank

Portage Commerce Bank was established 36 years ago and is currently headquartered in Portage, MI.

May 02 1988
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 7/1/1990 3/30/2009
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