Mercantile Bank Stoddard/Bollinger Counties in Dexter, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 14, 1996

Mercantile Bank Stoddard/Bollinger Counties in Dexter, Missouri (MO)
Show street view No street view available for this location

Mercantile Bank Stoddard/Bollinger Counties - Overview

General
FDIC Certificate #: 25071
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Southeast Missouri (#17043)
Federal Reserve ID: 635046
Date Established: April 02, 1984
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 17355
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: April 02, 1984
Last Structure Change Effective Date: June 14, 1996
Last Structure Change Process Date: June 26, 1996
Last Data Update: June 26, 1996
Data Source Date: April 05, 2012
Location
Address: 1503 Business Highway 60 West, Dexter, MO 63841
County: Stoddard
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: St. Louis
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $79.2 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)
$36Total assets
$79,815Cash and due from depository institutions
$3,421Interest-bearing balances
$0Securities
$7,137Federal funds sold & reverse repurchase agreements
$5,500Net loans & leases
$61,472Loan loss allowance
$966Trading account assets
$0Bank premises and fixed assets
$1,031Other real estate owned
$0Goodwill and other intangibles
$1,254Life insurance assets
$0All other assets
$0Total liabilities and capital
$79,815Total liabilities
$73,193Total deposits
$72,496Interest-bearing deposits
$63,376Deposits held in domestic offices
72496.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$101Subordinated debt
$0All other liabilities
$596Total equity capital
$596Total bank equity capital
$6,622Perpetual preferred stock
$0Common stock
$570Surplus
$1,100Undivided profits
Memoranda
$4,952Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$641Income earned, not collected on loans
$864Earning assets
$74,109Long-term assets (5+ years)
$6,665Average Assets, year-to-date
$77,736Average Assets, quarterly
$78,165Volatile liabilities
$8,752Insider loans
$36FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$7,268Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,549Total risk weighted assets
$60,682Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$6,610Total interest expense
$2,316Net interest income
$4,294Provision for loan and lease losses
$410Total noninterest income
$482Fiduciary activities
$0Service charges on deposit accounts
$364Trading account gains & fees
$0Additional noninterest income
$118Total noninterest expense
$2,150Salaries and employee benefits
$1,065Premises and equipment expense
$282Additional noninterest expense
$803Pre-tax net operating income
$2,216Securities gains (losses)
$0Applicable income taxes
$829Income before extraordinary items
$1,387Extraordinary gains - net
$0Net income attributable to bank
$1,387Net charge-offs
$421Cash dividends
$1,600Sale, 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
8.99%Cost of funding earning assets
3.15%Net interest margin
5.84%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
2.92%Net operating income to assets
1.78%Return on assets (ROA)
1.78%Pretax return on assets
2.85%Return on equity (ROE)
20.82%Retained earnings to average equity (YTD only)
-3.20%Net charge-offs to loans
0.68%Credit loss provision to net charge-offs
97.39%Efficiency ratio
45,017Assets per employee
2.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
115.36%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
150.70%Noncurrent assets plus other real estate owned to assets
0.80%Noncurrent loans to loans
1.03%Net loans and leases to deposits
84.79%Net loans and leases to core deposits
96.28%Equity capital to assets
8.30%Core capital (leverage) ratio
8.34%Tier 1 risk-based capital ratio
10.79%Total risk-based capital ratio
Memoranda
$12Average assets
$77,736Average earning assets
$6,663Average equity
$73,545Average 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 Stoddard/Bollinger Counties.
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.