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

This bank is inactive as of December 12, 1998

  • Mercantile Bank of Central Missouri in Washington, Missouri (MO)
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Mercantile Bank of Central Missouri - Overview

  • General
  • FDIC Certificate #: 4568
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Mercantile Bank of St. Louis National Association (#1061)
    Federal Reserve ID: 313054
    Date Established: January 01, 1905
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 34 (Interstate: No)
    OTS Docket #: 11528
    FDIC's unique #: 3026
    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: December 12, 1998
    Last Structure Change Process Date: January 06, 1999
    Last Data Update: January 06, 1999
    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: $1,375.6 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 410Total employees (full-time equivalent)
  • $1,457,571Total assets
  • $30,036Cash and due from depository institutions
  • $0Interest-bearing balances
  • $516,969Securities
  • $28,000Federal funds sold & reverse repurchase agreements
  • $852,902Net loans & leases
  • $10,681Loan loss allowance
  • $0Trading account assets
  • $15,766Bank premises and fixed assets
  • $281Other real estate owned
  • $464Goodwill and other intangibles
  • $0Life insurance assets
  • $13,153All other assets
  • $1,457,571Total liabilities and capital
  • $1,363,301Total liabilities
  • $1,332,420Total deposits
  • $1,246,915Interest-bearing deposits
  • $1,332,420Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $20,287Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $10,594All other liabilities
  • $94,270Total equity capital
  • $94,270Total bank equity capital
  • $94,270Perpetual preferred stock
  • $0Common stock
  • $6,368Surplus
  • $77,206Undivided profits
  • Memoranda
  • $10,696Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,653Earning assets
  • $0Long-term assets (5+ years)
  • $5,230Average Assets, year-to-date
  • $1,397,871Average Assets, quarterly
  • $207,626Volatile liabilities
  • $1,039,352Insider loans
  • $1,203,581FHLB advances
  • $165,674Loans and leases held for sale
  • $160Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,006Total risk weighted assets
  • $81,131Total unused commitments
  • $0Restructured Loans and leases
  • $915,407Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $77,486Total interest income
  • $38,348Total interest expense
  • $39,138Net interest income
  • $1,285Provision for loan and lease losses
  • $8,056Total noninterest income
  • $26Fiduciary activities
  • $3,911Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,119Additional noninterest income
  • $23,978Total noninterest expense
  • $11,528Salaries and employee benefits
  • $2,825Premises and equipment expense
  • $9,625Additional noninterest expense
  • $21,931Pre-tax net operating income
  • $1Securities gains (losses)
  • $7,980Applicable income taxes
  • $13,952Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,952Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,721Sale, conversion, retirement of capital stock, net
  • $8,600Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.81%Yield on earning assets
  • 3.87%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 2.42%Noninterest expense to earning assets
  • 1.34%Net operating income to assets
  • 1.34%Return on assets (ROA)
  • 2.11%Pretax return on assets
  • 18.99%Return on equity (ROE)
  • 7.29%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 74.67%Credit loss provision to net charge-offs
  • 13.49%Efficiency ratio
  • 50,350Assets per employee
  • 3.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 61.64%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 188.94%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 0.65%Net loans and leases to deposits
  • 64.01%Net loans and leases to core deposits
  • 71.85%Equity capital to assets
  • 6.47%Core capital (leverage) ratio
  • 7.50%Tier 1 risk-based capital ratio
  • 9.99%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,039,352Average earning assets
  • $73,452Average equity
  • $991,646Average loans

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