Mercantile Bank, Mammoth Spring, Arkansas in Mammoth Spring, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1995

Mercantile Bank, Mammoth Spring, Arkansas in Mammoth Spring, Arkansas (AR)
Show street view No street view available for this location

Mercantile Bank, Mammoth Spring, Arkansas - Overview

General
FDIC Certificate #: 5621
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank of Northeast Arkansas (#84)
Federal Reserve ID: 83740
Date Established: Febuary 08, 1921
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 3828
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 01, 1995
Last Structure Change Process Date: March 08, 1995
Last Data Update: March 08, 1995
Data Source Date: April 05, 2012
Location
Address: 250 Main Street, Mammoth Spring, AR 72554
County: Fulton
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $30.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$9Total assets
$30,135Cash and due from depository institutions
$970Interest-bearing balances
$0Securities
$7,806Federal funds sold & reverse repurchase agreements
$600Net loans & leases
$19,426Loan loss allowance
$212Trading account assets
$0Bank premises and fixed assets
$327Other real estate owned
$0Goodwill and other intangibles
$470Life insurance assets
$536All other assets
$0Total liabilities and capital
$30,135Total liabilities
$27,495Total deposits
$26,994Interest-bearing deposits
$23,948Deposits held in domestic offices
26994.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$300Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$201Total equity capital
$201Total bank equity capital
$2,640Perpetual preferred stock
$0Common stock
$200Surplus
$2,353Undivided profits
Memoranda
$87Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$54Income earned, not collected on loans
$198Earning assets
$27,832Long-term assets (5+ years)
$635Average Assets, year-to-date
$29,841Average Assets, quarterly
$30,043Volatile liabilities
$1,860Insider loans
$233FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$149Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,195Total risk weighted assets
$17,119Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,945Total interest expense
$734Net interest income
$1,211Provision for loan and lease losses
$34Total noninterest income
$191Fiduciary activities
$0Service charges on deposit accounts
$115Trading account gains & fees
$0Additional noninterest income
$76Total noninterest expense
$804Salaries and employee benefits
$364Premises and equipment expense
$72Additional noninterest expense
$368Pre-tax net operating income
$564Securities gains (losses)
-$50Applicable income taxes
$210Income before extraordinary items
$304Extraordinary gains - net
$0Net income attributable to bank
$304Net charge-offs
$4Cash dividends
$255Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.15%Cost of funding earning assets
2.70%Net interest margin
4.45%Noninterest income to earning assets
0.70%Noninterest expense to earning assets
2.95%Net operating income to assets
1.13%Return on assets (ROA)
1.02%Pretax return on assets
1.72%Return on equity (ROE)
11.38%Retained earnings to average equity (YTD only)
1.83%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
850.00%Efficiency ratio
51,926Assets per employee
3.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.88%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
392.59%Noncurrent assets plus other real estate owned to assets
0.18%Noncurrent loans to loans
0.27%Net loans and leases to deposits
71.96%Net loans and leases to core deposits
76.38%Equity capital to assets
8.76%Core capital (leverage) ratio
7.33%Tier 1 risk-based capital ratio
12.82%Total risk-based capital ratio
Memoranda
$14Average assets
$29,841Average earning assets
$2,672Average equity
$27,216Average 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, Mammoth Spring, Arkansas.
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.