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

This bank is inactive as of May 16, 1997

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

Mercantile Bank - Overview

  • General
  • FDIC Certificate #: 4710
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Firstar Bank, National Association (#10927)
    Federal Reserve ID: 349053
    Date Established: January 01, 1872
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 46 (Interstate: No)
    OTS Docket #: 13902
    FDIC's unique #: 3132
    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: January 01, 1934
    Last Structure Change Effective Date: May 16, 1997
    Last Structure Change Process Date: June 05, 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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $2,023.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $754Total assets
  • $2,007,718Cash and due from depository institutions
  • $76,647Interest-bearing balances
  • $40,000Securities
  • $557,011Federal funds sold & reverse repurchase agreements
  • $80,125Net loans & leases
  • $1,227,991Loan loss allowance
  • $19,968Trading account assets
  • $0Bank premises and fixed assets
  • $34,344Other real estate owned
  • $182Goodwill and other intangibles
  • $28,696Life insurance assets
  • $2,722All other assets
  • $0Total liabilities and capital
  • $2,007,718Total liabilities
  • $1,842,424Total deposits
  • $1,714,530Interest-bearing deposits
  • $1,430,074Deposits held in domestic offices
  • 1714530.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $110,069Trading liabilities
  • $0Other borrowed funds
  • $304Subordinated debt
  • $0All other liabilities
  • $17,521Total equity capital
  • $17,521Total bank equity capital
  • $165,294Perpetual preferred stock
  • $0Common stock
  • $32,000Surplus
  • $84,096Undivided profits
  • Memoranda
  • $49,198Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,913Income earned, not collected on loans
  • $11,019Earning assets
  • $1,905,127Long-term assets (5+ years)
  • $174,610Average Assets, year-to-date
  • $1,757,169Average Assets, quarterly
  • $1,991,103Volatile liabilities
  • $220,853Insider loans
  • $32,407FHLB advances
  • $0Loans and leases held for sale
  • $1,969Unused loan commitments
  • $271,914Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $160,563Total risk weighted assets
  • $1,254,062Total unused commitments
  • $0Restructured Loans and leases
  • $377Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $134,297Total interest expense
  • $59,402Net interest income
  • $74,895Provision for loan and lease losses
  • $7,378Total noninterest income
  • $29,156Fiduciary activities
  • $5,091Service charges on deposit accounts
  • $10,709Trading account gains & fees
  • $444Additional noninterest income
  • $12,912Total noninterest expense
  • $58,433Salaries and employee benefits
  • $28,384Premises and equipment expense
  • $8,705Additional noninterest expense
  • $21,344Pre-tax net operating income
  • $38,240Securities gains (losses)
  • $3Applicable income taxes
  • $10,834Income before extraordinary items
  • $27,409Extraordinary gains - net
  • $0Net income attributable to bank
  • $27,409Net charge-offs
  • $9,822Cash dividends
  • $18,344Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.20%Cost of funding earning assets
  • 3.63%Net interest margin
  • 4.58%Noninterest income to earning assets
  • 1.78%Noninterest expense to earning assets
  • 3.57%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 2.18%Return on equity (ROE)
  • 19.55%Retained earnings to average equity (YTD only)
  • 6.47%Net charge-offs to loans
  • 0.90%Credit loss provision to net charge-offs
  • 75.12%Efficiency ratio
  • 55,638Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.93%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 182.97%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 71.62%Net loans and leases to core deposits
  • 76.56%Equity capital to assets
  • 8.23%Core capital (leverage) ratio
  • 8.14%Tier 1 risk-based capital ratio
  • 12.80%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,757,169Average earning assets
  • $140,211Average equity
  • $1,636,796Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Mercantile Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents