Mercantile Bank in Overland Park, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 20, 1996

  • Mercantile Bank in Overland Park, Kansas (KS)
  • Show street view No street view available for this location

Mercantile Bank - Overview

  • General
  • FDIC Certificate #: 26366
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank (#4710)
    Federal Reserve ID: 349053
    Date Established: July 25, 1985
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 37 (Interstate: No)
    FDIC's unique #: 32931
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 25, 1985
    Last Structure Change Effective Date: December 20, 1996
    Last Structure Change Process Date: January 30, 1997
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 9900 West 87th Street, Overland Park, KS 66212
    County: Johnson
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Kansas City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
    Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
    Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
    CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
  • Financial Summary
  • Total assets: $1,716.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $281Total assets
  • $628,918Cash and due from depository institutions
  • $26,983Interest-bearing balances
  • $0Securities
  • $196,271Federal funds sold & reverse repurchase agreements
  • $10,000Net loans & leases
  • $380,509Loan loss allowance
  • $7,915Trading account assets
  • $0Bank premises and fixed assets
  • $6,500Other real estate owned
  • $0Goodwill and other intangibles
  • $8,655Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $628,918Total liabilities
  • $577,650Total deposits
  • $534,250Interest-bearing deposits
  • $453,931Deposits held in domestic offices
  • 534250.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $38,800Trading liabilities
  • $0Other borrowed funds
  • $38Subordinated debt
  • $0All other liabilities
  • $4,562Total equity capital
  • $4,562Total bank equity capital
  • $51,268Perpetual preferred stock
  • $0Common stock
  • $5,000Surplus
  • $14,676Undivided profits
  • Memoranda
  • $31,592Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,002Income earned, not collected on loans
  • $3,893Earning assets
  • $586,780Long-term assets (5+ years)
  • $60,603Average Assets, year-to-date
  • $605,778Average Assets, quarterly
  • $618,464Volatile liabilities
  • $102,391Insider loans
  • $9,047FHLB advances
  • $0Loans and leases held for sale
  • $2,832Unused loan commitments
  • $188,726Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $50,161Total risk weighted assets
  • $461,308Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $44,481Total interest expense
  • $21,145Net interest income
  • $23,336Provision for loan and lease losses
  • $657Total noninterest income
  • $13,570Fiduciary activities
  • $4,278Service charges on deposit accounts
  • $2,903Trading account gains & fees
  • $0Additional noninterest income
  • $6,389Total noninterest expense
  • $25,390Salaries and employee benefits
  • $13,751Premises and equipment expense
  • $2,974Additional noninterest expense
  • $8,665Pre-tax net operating income
  • $10,859Securities gains (losses)
  • $3Applicable income taxes
  • $3,375Income before extraordinary items
  • $7,487Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,487Net charge-offs
  • $315Cash dividends
  • $8,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.77%Cost of funding earning assets
  • 3.69%Net interest margin
  • 4.08%Noninterest income to earning assets
  • 2.37%Noninterest expense to earning assets
  • 4.44%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 15.09%Retained earnings to average equity (YTD only)
  • -1.03%Net charge-offs to loans
  • 0.09%Credit loss provision to net charge-offs
  • 208.57%Efficiency ratio
  • 68,796Assets per employee
  • 2.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 106.85%Loss allowance to loans
  • 2.04%Loss allowance to noncurrent loans
  • 789.92%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 71.22%Net loans and leases to core deposits
  • 80.85%Equity capital to assets
  • 8.15%Core capital (leverage) ratio
  • 8.00%Tier 1 risk-based capital ratio
  • 10.87%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $605,778Average earning assets
  • $49,604Average equity
  • $572,379Average loans

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