Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Talmer Bancorp, Inc. Completes Acquisition of First Place Bank

TROY, Mich., Jan. 2, 2013 /PRNewswire/ -- Talmer Bancorp, Inc. ("Talmer") today announced that it has completed its previously announced purchase of Warren, Ohio-based First Place Bank ("First Place") from First Place Financial Corp. Talmer's total investment of more than $200 million was used to purchase First Place and to recapitalize First Place in order to satisfy regulatory capital requirements and strengthen First Place's balance sheet.

"First Place Bank has a strong community banking culture, local market knowledge and solid customer relationships. By combining those qualities with Talmer's financial strength and commitment to helping communities grow and prosper, we have bolstered a valuable banking institution that will continue benefiting local customers, neighborhoods and communities," said David T. Provost, President and Chief Executive Officer, Talmer Bancorp, Inc. "Talmer is pleased to welcome the employees and customers of First Place Bank, which will continue to operate under its current name and brand."

Talmer also announced that Thomas C. Shafer, Vice Chairman of Talmer, was named President and Chief Executive Officer of First Place and Dennis L. Klaeser, Chief Financial Officer of Talmer will serve as Chief Financial Officer of First Place.  Mr. Shafer has held a variety of leadership and executive positions in community banking and commercial lending for the past 32 years.  Mr. Klaeser has extensive experience in a range of leadership positions in banking, finance and investment banking.

With the First Place acquisition, Talmer Bancorp has approximately $4.5 billion in assets and $3.9 billion in deposits pending final determination of purchase accounting adjustments in its two subsidiary banks: Talmer Bank and Trust, which operates 45 banking and lending offices in Michigan, Wisconsin and Illinois, and First Place which has 41 banking offices and 20 lending offices located primarily in the Midwest.

The sale was implemented under Section 363 of Chapter 11 of the U.S. Bankruptcy Code.  First Place Financial Corp, parent company of First Place Bank, filed a Chapter 11 petition in the U.S. Bankruptcy Court for the District of Delaware on October 29, 2012.  Talmer Bancorp, Inc. was the winning bidder approved by the Court, with the sale of First Place Financial Corp's assets approved on Dec. 14, 2012.  First Place Bank was not included in the Chapter 11 filing and its operations were not affected by the filing.

About Talmer Bancorp, Inc.

Headquartered in Troy, Michigan, Talmer Bancorp, Inc., is the holding company for Talmer Bank and Trust and First Place Bank. Talmer has 86 banking and lending offices in Michigan, Ohio, Illinois and Wisconsin.  As of September 30, 2012, Talmer Bancorp had total assets of approximately $2.2 billion and total deposits of approximately $1.8 billion. Please visit our website at www.talmerbank.com for additional information.

SOURCE Talmer Bancorp, Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
Advanced Persistent Threats (APTs) are increasing at an unprecedented rate. The threat landscape of today is drastically different than just a few years ago. Attacks are much more organized and sophisticated. They are harder to detect and even harder to anticipate. In the foresee...
Building low-cost wearable devices can enhance the quality of our lives. In his session at Internet of @ThingsExpo, Sai Yamanoor, Embedded Software Engineer at Altschool, provided an example of putting together a small keychain within a $50 budget that educates the user about the...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small ti...
DevOps is all about agility. However, you don't want to be on a high-speed bus to nowhere. The right DevOps approach controls velocity with a tight feedback loop that not only consists of operational data but also incorporates business context. With a business context in the deci...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE