Talmer West Bank

Headquarters

2950 State Street South
Ann Arbor, MI 48104
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Talmer West Bank is an FDIC insured institution located in Ann Arbor, MI. It was founded in 1990 and has approximately $0.79 billion in assets.

FDIC Insured Yes
FDIC Certificate # 33134
Date Established 1990
Assets $ 824.86 million
Loans $ 449.62 million
Deposits $ 662.41 million
Capital $ 156.13 million
 

For a more detailed analysis of Talmer West Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 18, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 18, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Talmer West Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Talmer West Bank
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Branches

Talmer West Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Talmer West Bank Locations


Financial Details

Talmer West Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Talmer West Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Talmer West Bank U.S. Bank Average
26.51% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Talmer West Bank had $29,532,000 in non-current loans and $13,743,000 in owned real estate. To cover these potential losses it had $156,128,000 in equity and $7,140,000 in loans loss reserves. That gives it a Texas Ratio of 26.51%.

Return on Equity
Talmer West Bank U.S. Bank Average
3.15% 7.80%

Talmer West Bank has a Return on Equity of 3.15% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Talmer West Bank U.S. Bank Average
18.93% 12.68%

Talmer West Bank has a Capitalization of 18.93% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Talmer West Bank Balance Sheet Analysis

As of March 31, 2015, Talmer West Bank had assets of $793,986,000, loans of $449,624,000, and deposits of $662,407,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 449.62 million
Loan loss allowance $ 7.14 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 13.74 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 662.41 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 824.86 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Talmer West Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Michigan, Talmer West Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 13.49
Multifamily
Mortgages
5.09
Credit Card Loans 0.00
Consumer Auto Loans 0.42
Small Business Loans 37.38
Construction and Development Loans 2.74
Commercial Real Estate 68.36
Commercial and Industrial Loans 10.16
Farm Loans 0.14

Frequently Asked Questions About Talmer West Bank

Branches and Savings

Is Talmer West Bank FDIC insured?

Yes. It is covered under FDIC Certificate #33134.

Why does Talmer West Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Talmer West Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Talmer West Bank a commercial bank?

Yes

Where are Talmer West Bank locations?

See branch locations nearby.

Is Talmer West Bank open on Saturdays?

Is Talmer West Bank open on Sundays?

What time does Talmer West Bank open?

What time does Talmer West Bank close?

Are Talmer West Bank ATMs Open 24/7?

Do Talmer West Bank ATMs accept cash deposits?

Can Talmer West Bank customers use other ATMs?

Do Talmer West Bank branches have notaries?

Will Talmer West Bank notarize my document?

What address for Talmer West Bank should I put for incoming ACH transfers?

Will the Talmer West Bank branch print checks?

Do Talmer West Bank checks expire?

Does Talmer West Bank require US citizenship to open account?

Can Talmer West Bank close my account?

Does Talmer West Bank Report to credit bureaus?

Does Talmer West Bank Use Equifax?

What is Talmer West Bank's ACH Routing Number?

What is Talmer West Bank's SWIFT code?

Products

Does Talmer West Bank offer mortgages?

Compare mortgage rates here.

Does Talmer West Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Talmer West Bank offer personal loans?

Compare personal loan rates here.

Does Talmer West Bank offer student loans?

Will Talmer West Bank cash a check?

Will Talmer West Bank redeem a savings bond?

Does Talmer West Bank cash savings bonds?

Will Talmer West Bank cash money orders?

Can Talmer West Bank issue a money order?

Does Talmer West Bank do currency exchange?

Background on The Bank

Who owns Talmer West Bank?

How long has Talmer West Bank been around?

Can Talmer West Bank transfer to other banks?

Does Talmer West Bank have quick pay?

Does Talmer West Bank accept rolled coins?

Will Talmer West Bank accept loose change?

Where is Talmer West Bank headquarters?

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