Mercantile Bank of Central Missouri in Washington, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 18, 1997

  • Mercantile Bank of Central Missouri in Washington, Missouri (MO)
  • Show street view No street view available for this location

Mercantile Bank of Central Missouri - Overview

  • General
  • FDIC Certificate #: 4554
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of Central Missouri (#4568)
    Federal Reserve ID: 313054
    Date Established: January 01, 1918
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 23 (Interstate: No)
    OTS Docket #: 14329
    FDIC's unique #: 3015
    Numeric code: 21
    Regulator: FDIC
    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: October 18, 1997
    Last Structure Change Process Date: January 06, 1998
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Second And Oak Streets, Washington, MO 63090
    County: Franklin
    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
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • Financial Summary
  • Total assets: $865.1 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)
  • $314Total assets
  • $840,683Cash and due from depository institutions
  • $11,480Interest-bearing balances
  • $0Securities
  • $157,205Federal funds sold & reverse repurchase agreements
  • $15,000Net loans & leases
  • $637,136Loan loss allowance
  • $9,435Trading account assets
  • $0Bank premises and fixed assets
  • $10,562Other real estate owned
  • $340Goodwill and other intangibles
  • $8,280Life insurance assets
  • $680All other assets
  • $0Total liabilities and capital
  • $840,683Total liabilities
  • $785,059Total deposits
  • $743,793Interest-bearing deposits
  • $676,867Deposits held in domestic offices
  • 743793.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $32,350Trading liabilities
  • $0Other borrowed funds
  • $1,691Subordinated debt
  • $0All other liabilities
  • $7,225Total equity capital
  • $7,225Total bank equity capital
  • $55,624Perpetual preferred stock
  • $0Common stock
  • $5,569Surplus
  • $46,026Undivided profits
  • Memoranda
  • $4,029Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,487Income earned, not collected on loans
  • $4,019Earning assets
  • $809,341Long-term assets (5+ years)
  • $50,395Average Assets, year-to-date
  • $845,777Average Assets, quarterly
  • $840,387Volatile liabilities
  • $94,796Insider loans
  • $1FHLB advances
  • $0Loans and leases held for sale
  • $3,136Unused loan commitments
  • $81,609Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $54,424Total risk weighted assets
  • $507,569Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $66,928Total interest expense
  • $31,253Net interest income
  • $35,675Provision for loan and lease losses
  • $1,656Total noninterest income
  • $6,884Fiduciary activities
  • $28Service charges on deposit accounts
  • $3,650Trading account gains & fees
  • $0Additional noninterest income
  • $3,206Total noninterest expense
  • $21,646Salaries and employee benefits
  • $9,928Premises and equipment expense
  • $2,596Additional noninterest expense
  • $9,122Pre-tax net operating income
  • $19,257Securities gains (losses)
  • $1Applicable income taxes
  • $4,920Income before extraordinary items
  • $14,338Extraordinary gains - net
  • $0Net income attributable to bank
  • $14,338Net charge-offs
  • $3,316Cash dividends
  • $37,000Sale, 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
  • 8.30%Cost of funding earning assets
  • 3.88%Net interest margin
  • 4.43%Noninterest income to earning assets
  • 0.85%Noninterest expense to earning assets
  • 2.69%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 1.70%Pretax return on assets
  • 2.28%Return on equity (ROE)
  • 19.52%Retained earnings to average equity (YTD only)
  • -30.85%Net charge-offs to loans
  • 0.52%Credit loss provision to net charge-offs
  • 49.94%Efficiency ratio
  • 50,281Assets per employee
  • 2.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 258.06%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 126.02%Noncurrent assets plus other real estate owned to assets
  • 0.93%Noncurrent loans to loans
  • 1.16%Net loans and leases to deposits
  • 85.66%Net loans and leases to core deposits
  • 93.51%Equity capital to assets
  • 6.62%Core capital (leverage) ratio
  • 6.44%Tier 1 risk-based capital ratio
  • 10.72%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $845,777Average earning assets
  • $73,447Average equity
  • $805,902Average 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 of Central Missouri.
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