TROY, Mich., Feb. 21, 2014 /PRNewswire/ -- Talmer
Bancorp, Inc. (the "Company") (NASDAQ: TLMR) today announced that
the underwriters of its recent initial public offering of its Class
A common stock have closed on the purchase of 2,333,333 shares from
certain selling shareholders pursuant to the underwriters'
over-allotment option granted in connection with the initial public
offering, at a public offering price of $13.00 per share. The Company did not receive any
proceeds from the sale of the shares by the selling
shareholders.
Keefe, Bruyette & Woods, Inc. and J.P. Morgan Securities LLC
acted as joint book-running managers for the initial public
offering. Raymond James &
Associates, Inc., RBC Capital Markets, LLC and Sterne, Agee &
Leach, Inc. acted as co-lead managers and Sandler O'Neill &
Partners, L.P. acted as co-manager for the initial public
offering.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy, nor will there be any sale of, the
shares referred to in this press release in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the
securities laws of such state or jurisdiction. A registration
statement relating to these securities was filed with and has been
declared effective by the Securities and Exchange Commission.
This offering was made solely by means of a prospectus forming
part of the effective registration statement, a copy of which may
be obtained from Keefe, Bruyette & Woods, Inc., Attention:
Equity Capital Markets, 787 Seventh Avenue, 4th Floor, New York, NY 10019, telephone (800) 966-1559;
or from J.P. Morgan Securities LLC, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone (866)
803-9204.
About Talmer Bancorp, Inc.
Headquartered in Troy,
Michigan, Talmer Bancorp, Inc. is the holding company for
Talmer Bank and Trust and
Talmer West Bank. These banks,
which principally operate through 94 branches in Michigan, Ohio, Indiana, Wisconsin, Illinois, Nevada and New
Mexico and 11 lending offices located primarily in the
Midwest, offer a full suite of commercial and retail banking,
mortgage banking, wealth management and trust services to small and
medium-sized businesses and individuals.
For further information contact:
Dennis Klaeser
248-649-2301
Photo:
http://photos.prnewswire.com/prnh/20120227/CL59542LOGO
SOURCE Talmer Bancorp, Inc.