Exhibit 99.1

Talmer West Bank

Combined Financial Statements

Years Ended December 31, 2013 and 2012

Talmer West Bank

Table of Contents

Report of Independent Registered Public Accounting Firm

Board of Directors and Stockholder

Talmer West Bank

Ann Arbor, Michigan

We have audited the accompanying combined balance sheets of Talmer West Bank (the “Bank”) as of December 31, 2013 and 2012, and the related combined statements of operations and comprehensive income, changes in stockholder’s equity, and cash flows for the years then ended.  These combined financial statements are the responsibility of the Bank’s management.  Our responsibility is to express an opinion on these combined financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.  The Bank is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting.  Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Bank’s internal control over financial reporting.  Accordingly, we express no such opinion.  An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion.

As described in Note P, effective January 1, 2014, the Bank was acquired by Talmer Bancorp, Inc.

In our opinion, the combined financial statements referred to above present fairly, in all material respects, the financial position of the Bank as of December 31, 2013 and 2012, and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

/s/ BDO USA, LLP

Grand Rapids, Michigan

March 17, 2014

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COMBINED BALANCE SHEETS

Talmer West Bank

See notes to combined financial statements.

2

COMBINED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

Talmer West Bank

See notes to combined financial statements.

3

COMBINED STATEMENTS OF CHANGES IN STOCKHOLDER’S EQUITY (in $1,000s)

Talmer West Bank

See notes to combined financial statements.

4

COMBINED STATEMENTS OF CASH FLOWS

Talmer West Bank

See notes to combined financial statements.

5

NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE A—NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES

Nature of Operations and Basis of Presentation:  Talmer West Bank is a full-service commercial bank headquartered in Ann Arbor, Michigan with eight other office locations throughout Michigan, two office locations in Indiana, four office locations in Nevada and one office location in New Mexico.  Effective January 1, 2014, Bank of Las Vegas, Indiana Community Bank and Sunrise Bank of Albuquerque merged with and into Michigan Commerce Bank.  Upon completion of the merger, the surviving bank was renamed Talmer West Bank.  For the periods presented, the accompanying combined financial statements represent the combination of the financial statements of the four separate banks prior to the merger.  For convenience purposes, the combined entity is herein referred to as Talmer West Bank (the “Bank”).

For the periods presented, the Bank was a wholly-owned subsidiary of Financial Commerce Corporation (“FCC”), a bank-holding company headquartered in Lansing, Michigan, which is a majority-owned subsidiary of Capitol Bancorp Ltd. (“Capitol”), a multi-bank holding company.  On January 1, 2014, the Bank was sold to Talmer Bancorp, Inc. (see Note P for discussion regarding the change in control of the Bank in 2014).

The Bank provides a full range of banking services to individuals, businesses and other customers located in its community.  A variety of deposit products are offered, including checking, savings, money market, individual retirement accounts and certificates of deposit.  The principal markets for the Bank’s financial services are the communities in which it is located and the areas immediately surrounding those communities.

Estimates:  The preparation of financial statements, in conformity with generally accepted accounting principles in the United States of America, requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results will differ from those estimates because of the inherent subjectivity and inaccuracy of any estimation.

Cash and Cash Equivalents:  Cash and cash equivalents include cash on hand, amounts due from banks (interest-bearing and noninterest-bearing), money-market funds and federal funds sold.  Generally, federal funds transactions are entered into for a one-day period.

Loans Held For Sale:  Loans held for sale represent residential real estate mortgage loans held for sale into the secondary market.  Loans held for sale are stated at the aggregate lower of cost or market.  Fees from the origination of loans held for sale are recognized in the period the loans are originated.  Government-guaranteed loans which may be sold after origination are not classified as held-for-sale inasmuch as the sale of such loans is largely dependent upon the extent to which gains may be realized.

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE A—NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES—Continued

Derivatives:  Residential real estate mortgage loans held for sale are originated by the Bank.  When a customer has locked the interest rate on a mortgage application, and the Bank has approved a loan commitment, the interest rate lock agreement is treated as a derivative, and a firm loan commitment.  The Bank uses forward delivery commitments to sell the mortgage loans into the secondary market.  The interest rate lock and forward delivery commitments are derivatives, and are offsetting agreements that serve as a hedge of the Bank’s exposure to interest rate changes and the resulting fluctuation of the commitments.  The fair value of the commitments is insignificant for all periods presented.

Investment Securities:  Investment securities available for sale are carried at fair value with unrealized gains and losses reported as a separate component of stockholder’s equity, net of tax effect (accumulated other comprehensive income).

Investments are classified at the date of purchase based on management’s analysis of liquidity and other factors.  The adjusted cost of the specific securities sold is used to compute realized gains or losses.  Premiums and discounts are recognized in interest income using the interest method over the period to maturity.

Federal Home Loan Bank Stock:  Federal Home Loan Bank stock is carried on the basis of cost (and par value).  Such investment is restricted and may only be resold to or redeemed by the issuer.

Loans, Credit Risk and Allowance for Loan Losses:  Portfolio loans are carried at their principal balance based on management’s intent and ability to hold such loans for the foreseeable future until maturity or repayment.  The Bank primarily presents its portfolio loan information on a segment basis that is further subdivided into classes on the basis of collateral types.

Credit risk arises from making loans and loan commitments in the ordinary course of business.  Consistent with the Bank’s emphasis on business lending, there are concentrations of credit risk in loans secured by commercial real estate and less significant levels of concentration risk may exist in loans secured by equipment and other business assets.  The maximum potential credit risk to the Bank, without regard to underlying collateral and guarantees, is the total of loans and loan commitments outstanding.  Management reduces exposure to losses from credit risk by requiring collateral and/or guarantees for loans and by monitoring concentrations of credit, in addition to recording provisions for loan losses and maintaining an allowance for loan losses.

The allowance for loan losses is maintained at a level believed adequate by management to absorb estimated losses inherent in the portfolio at the balance-sheet date.  Management’s

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE A—NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES—Continued

determination of the adequacy of the allowance for loan losses is an estimate based on evaluation of the portfolio (including potential impairment of individual loans and concentrations of credit), past loss experience, current economic conditions, volume, amount and composition of the loan portfolio, loan commitments outstanding and other factors.  The allowance is increased by provisions for loan losses charged to operations and reduced by net charge-offs.  Delinquent loans are generally charged-off at 120 days past due for closed-end loans and 180 days past due for revolving lines of credit or at an earlier time if a loss-confirming event has occurred, unless the loan is both well-secured and in process of collection.  Because the allowance for loan losses is based on significant estimates, actual future loan losses will differ from such estimates.

The allowance for loan losses consists of specific and general components.  The specific component relates to loans that are individually classified as impaired, including loans which are on nonaccrual and loans considered to be troubled debt restructurings.  The general component covers non-classified loans and is based on historical loss experience adjusted for current qualitative environmental factors.  The Bank maintains a loss history analysis that tracks loan losses and recoveries based on loan class as well as the loan risk grade assignment.

For all classes of loans, a loan is considered impaired when it is probable that all amounts due according to the contractual terms of a loan agreement will not be collected, including contractually scheduled interest and principal payments.  At a minimum, all loans greater than $250,000 (based on aggregate relationship) are individually evaluated for impairment when it is determined the loan is impaired.  A specific allowance allocation may be recorded for troubled debt restructurings or a charge-down taken in the amount of the impairment to reduce the loan to its net realizable value.  No reserve allocation is considered necessary when there is sufficient collateral that is held to protect the bank from loss on impaired loans.  Groups of smaller-balance homogeneous loans (those below $250,000) are collectively evaluated for impairment and, accordingly, these loans are not generally separately identified for impairment evaluation.

For all classes of loans, a loan is placed into nonaccrual status generally before the loan becomes 90 days past due if it becomes probable that the borrower cannot make all scheduled payments, full repayment of principal and interest is not expected or the loan is identified as having loss elements, or when any loan becomes past due 90 days or more unless the loan is determined to be well-secured and in process of collection.  Loans are returned to accrual status when all of the principal and interest amounts contractually due have been brought current, have demonstrated timely payment performance for a period of time and future payments are reasonably assured.

Loan modifications or restructurings are accounted for as troubled debt restructurings if, for economic or legal reasons, it has been determined that a borrower is experiencing financial

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE A—NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES—Continued

difficulties and the bank grants a “concession” to the borrower that it would not otherwise consider.  For all classes of loans, a troubled debt restructuring may involve a modification of terms such as a reduction of the stated interest rate or loan balance, a reduction of accrued interest, an extension of the maturity date at an interest rate lower than a current market rate for a new loan with similar risk, or some combination thereof involving a concession to the borrower to facilitate repayment.  Loans modified and classified as troubled debt restructurings are impaired loans.  Troubled debt restructurings generally remain classified as impaired until the borrower has demonstrated timely payment performance for a period of time pursuant to the modified terms of the loan, or renewed at an interest rate that is at a market rate for loans with similar risk characteristics.

The Bank has stand-by letters of credit outstanding that, when issued, commit the Bank to make payments on behalf of customers if certain specified future events occur, generally being nonpayment by the customer to a counterparty.  These obligations generally expire within one year and require collateral and/or personal guarantees by the borrower and its principals based on management’s assessment of loss exposure.  The maximum credit risk associated with these instruments equals their contractual amounts, assuming that the borrower defaults and related collateral proves to be worthless.  The total contractual amounts do not necessarily represent future cash requirements since many of those guarantees expire without being drawn upon.

Credit risk also arises from amounts of funds on deposit at other financial institutions (i.e., due from banks) to the extent balances exceed the limits of deposit insurance.  The Bank periodically monitors the financial position of such financial institutions to evaluate credit risk.

Interest and Fees on Loans:  Interest income on loans is recognized based upon the principal balance of loans outstanding.  Loan origination fees and direct loan origination costs are deferred and amortized over the life of the related loans as an adjustment of yield.  Direct costs of successful origination of portfolio loans generally exceed fees from loan originations (net deferred costs approximated $600,000 and $806,000 at December 31, 2013 and 2012, respectively).

For all classes of loans, the accrual of interest is generally discontinued when a loan becomes 90 days past due as to interest (i.e., placed on nonaccrual status).  When interest accruals are discontinued, interest previously accrued (but unpaid) is reversed against interest income.  Interest payments subsequently received on such loans may be accounted for on a cash basis as to interest income, provided that collectability of principal is expected and until the loan qualifies for being returned to accrual status.  If collectability of principal is not expected, subsequent payments of interest are applied to principal.  Management may elect to continue the accrual of interest when the estimated net realizable value of collateral is sufficient to cover the principal balance and accrued interest and the loan is in the process of collection.

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE A—NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES—Continued

Transfers of Financial Assets:  Transfers of financial assets are accounted for as sales when control over the transferred asset has been surrendered.  Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Bank and are presumptively beyond the reach of the Bank and its creditors (even in bankruptcy or other receivership), (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (3) the Bank does not maintain effective control over the transferred asset through an agreement to repurchase it before maturity or the ability to unilaterally cause the holder to return specific assets.  Transfers of financial assets are generally limited to participating interests in commercial loans sold as well as sale of government-guaranteed loans and the sale of residential mortgage loans into the secondary market, the extent of which is disclosed in the statements of cash flows.

Premises and Equipment:  Premises and equipment are stated on the basis of cost.  Depreciation, which relates primarily to equipment, furniture and software with estimated useful lives of approximately three to seven years, is computed principally by the straight-line method.  Buildings are generally depreciated on a straight-line basis with estimated useful lives of approximately 40 years.  Leasehold improvements are generally depreciated over the shorter of the respective lease term or estimated useful life.

Other Real Estate:  Other real estate is comprised of properties acquired through a foreclosure proceeding or acceptance of a deed in lieu of foreclosure.  At the time of foreclosure, the carrying value of such properties is adjusted to estimated fair value (less estimated costs to sell, including delinquent real estate taxes) when transferred from portfolio loans to other real estate owned, establishing a new cost-basis.  These properties held for sale are subsequently carried at the lower of the new cost-basis or estimated fair value (less estimated costs to sell, including delinquent real estate taxes) and are periodically reviewed for subsequent impairment.

Fair Values of Financial Instruments:  Fair values of financial instruments are estimated using market information and other assumptions and involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, assumptions and other factors, especially in the absence of broad markets for particular items.  Changes in assumptions or market conditions could significantly affect such estimates.

Income Taxes:  Deferred income taxes are recognized for the tax consequences of temporary differences by applying enacted tax rates applicable to future years to differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities.  When it is determined that realization of deferred tax assets may be in doubt, a valuation allowance is recorded to reduce those assets to the amount which is more-likely-than-not realizable.  The effect on income taxes of a change in tax laws or rates is recognized in operations in the period that includes the enactment date.

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE A—NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES—Continued

Comprehensive Income:  Comprehensive income is the sum of net income and certain other items which are charged or credited to stockholder’s equity which, for the Bank, is the net change in the fair value adjustment for investment securities available for sale.

New Accounting Standards:  In February 2013, an accounting standards update was issued to amend and improve the reporting of reclassifications out of accumulated other comprehensive income.  The amendments do not change the current requirements for reporting net income or other comprehensive income in the financial statements.  However, the amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component.  In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period.  For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures that provide additional detail about those amounts.  This new guidance became effective January 1, 2013 and did not have an effect on the Bank’s financial statements upon implementation.

In January 2014, an accounting standards update was issued to clarify when an in-substance foreclosure or repossession of residential real estate property occurs, requiring a creditor to reclassify the loan to other real estate.  According to the new standard, a consumer mortgage loan should be reclassified to other real estate either upon the creditor obtaining legal title to the real estate collateral or when the borrower voluntarily conveys all interest in the real estate property to the creditor through a deed in lieu of foreclosure or similar legal agreement.  Additionally, the standard requires new interim and annual disclosure of the carrying amount of foreclosed residential real estate properties held at period end as a result of obtaining physical possession of the properties, as well as the recorded investment of consumer mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process.  The standard does not apply to commercial real estate loans, as the foreclosure processes and applicable laws for those assets are significantly different from residential real estate.  The standard becomes effective for interim and annual periods beginning January 1, 2015 with the entity having the option of using either a modified retrospective transition method or a prospective transition method.  The Bank expects to prospectively adopt the standard beginning January 1, 2015 and does not expect the adoption to have a material effect on the Bank’s financial statements upon implementation.

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE B—CHANGE IN ACCOUNTING PRINCIPLE

Effective January 1, 2013, the Bank elected to change its method of accounting related to the reserve for, and payment of, delinquent real and personal property taxes on properties serving as collateral for impaired loans.  The Bank pays delinquent property taxes on these properties to avoid lien attachment by the taxing authorities.  Previously, the Bank recorded an accrued liability for delinquent property taxes in accordance with ASC 450-20, “Loss Contingencies,” with a corresponding charge to “Costs associated with foreclosed properties and other real estate owned.”  Recent regulatory guidance suggests a more preferable method of accounting for these estimated delinquent property taxes is to consider the amount of such taxes when performing impairment analyses on collateral-dependent impaired loans.  Based on its analysis, the Bank has determined this method of accounting is preferable.  Under the newly adopted method of accounting, when a loan is deemed to be collateral-dependent and a specific impairment analysis is performed, the delinquent property taxes will be reflected in the impairment calculation similar to estimated selling costs.  The decision on whether to reserve for, or charge-off, the amount of delinquent property taxes will depend upon whether the net value of the collateral (property appraised amount, less estimated costs to sell and the amount of the delinquent property taxes) is greater or less than the loan balance.  When the delinquent property taxes are paid, the amount will be added to the loan basis and considered in current and future impairment analyses.

In accordance with ASC 250-10-45, “Accounting Changes — Change in Accounting Principle,” the Bank is reporting the change in accounting principle through retrospective application as of the beginning of 2012, the first period presented in the accompanying financial statements.  Upon retrospective application of the new accounting method, it was determined that either (1) the adjusted impaired loan analyses resulted in no additional reserves or charge-offs, or (2) an adequate amount of unallocated allowance for loan losses existed to absorb the impact of any collateral shortfall on a by-loan basis.  As a result, the net effect of adopting the new accounting method was a decrease of the retained-earnings deficit and a reduction of accrued liabilities of $4.1 million as of January 1, 2012, with no effect on the total allowance for loan losses.  The cumulative increase to portfolio loans, decrease to the accrued liability and decrease to the retained-earnings deficit were $3.1 million, $3.5 million and $6.6 million, respectively, as of December 31, 2012.  Costs associated with foreclosed properties and other real estate owned decreased by $2.4 million for the year ended December 31, 2012.

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE C—INVESTMENT SECURITIES

Investment securities consisted of the following at December 31 (in $1,000s):

At December 31, 2013, securities with a fair value approximating $3.3 million were pledged to secure public and trust deposits and securities with a fair value approximating $10.3 million were pledged for other purposes as required by law.

Gross unrealized gains and losses on investment securities available for sale were as follows at December 31 (in $1,000s):

The age of gross unrealized losses and carrying value (at estimated fair value) of securities available for sale are summarized below (in $1,000s):

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE C—INVESTMENT SECURITIES—Continued

As of December 31, 2013, the Bank’s security portfolio consisted of 13 securities, two of which were in an unrealized loss position.  The unrealized losses for these securities resulted primarily from changes in interest rates.  The Bank expects full collection of the carrying amount of these securities and does not intend to sell the securities in an unrealized loss position nor does it believe it will be required to sell securities in an unrealized loss position before the value is recovered.  The Bank does not consider these securities to be other-than-temporarily impaired at December 31, 2013.

Gross realized gains and losses from sales and maturities of investment securities were insignificant for each of the periods presented.

Scheduled maturities of investment securities held as of December 31, 2013 were as follows (in $1,000s):

NOTE D—LOANS

Government-guaranteed loans serviced for the benefit of others, which are not recorded on the consolidated balance sheet, approximated $30.7 million and $35.0 million at December 31, 2013 and 2012, respectively.  Loan servicing assets are not material.

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE D—LOANS—Continued

The following tables present the allowance for loan losses and the carrying amount of loans based on management’s overall assessment of probable incurred losses (in $1,000s), and should not be interpreted as an indication of future charge-offs:

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE D—LOANS—Continued

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NOTES TO COMBINED FINANCIAL STATEMENTS

Talmer West Bank

December 31, 2013

NOTE D—LOANS—Continued

Activity within the allowance for loan losses is summarized below (in $1,000s):