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

This bank is inactive as of October 18, 1996

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

  • General
  • FDIC Certificate #: 1087
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of Central Missouri (#4554)
    Federal Reserve ID: 313054
    Date Established: October 19, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 732
    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: October 18, 1996
    Last Structure Change Process Date: November 26, 1996
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, 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: $176.7 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)
  • $65Total assets
  • $168,171Cash and due from depository institutions
  • $3,648Interest-bearing balances
  • $0Securities
  • $17,376Federal funds sold & reverse repurchase agreements
  • $3,000Net loans & leases
  • $139,789Loan loss allowance
  • $2,427Trading account assets
  • $0Bank premises and fixed assets
  • $2,242Other real estate owned
  • $128Goodwill and other intangibles
  • $1,988Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $168,171Total liabilities
  • $154,384Total deposits
  • $149,198Interest-bearing deposits
  • $133,756Deposits held in domestic offices
  • 149198.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $3,199Trading liabilities
  • $0Other borrowed funds
  • $573Subordinated debt
  • $0All other liabilities
  • $1,414Total equity capital
  • $1,414Total bank equity capital
  • $13,787Perpetual preferred stock
  • $0Common stock
  • $805Surplus
  • $2,986Undivided profits
  • Memoranda
  • $9,996Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $307Income earned, not collected on loans
  • $845Earning assets
  • $160,165Long-term assets (5+ years)
  • $7,804Average Assets, year-to-date
  • $164,607Average Assets, quarterly
  • $167,373Volatile liabilities
  • $22,216Insider loans
  • $1,386FHLB advances
  • $0Loans and leases held for sale
  • $134Unused loan commitments
  • $15,539Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,641Total risk weighted assets
  • $110,175Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,919Total interest expense
  • $5,599Net interest income
  • $8,320Provision for loan and lease losses
  • $420Total noninterest income
  • $1,197Fiduciary activities
  • $7Service charges on deposit accounts
  • $871Trading account gains & fees
  • $0Additional noninterest income
  • $319Total noninterest expense
  • $3,932Salaries and employee benefits
  • $1,717Premises and equipment expense
  • $485Additional noninterest expense
  • $1,730Pre-tax net operating income
  • $5,165Securities gains (losses)
  • $0Applicable income taxes
  • $1,943Income before extraordinary items
  • $3,222Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,222Net charge-offs
  • $521Cash dividends
  • $2,600Sale, 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
  • 8.80%Cost of funding earning assets
  • 3.54%Net interest margin
  • 5.26%Noninterest income to earning assets
  • 0.76%Noninterest expense to earning assets
  • 2.49%Net operating income to assets
  • 1.96%Return on assets (ROA)
  • 1.96%Pretax return on assets
  • 3.14%Return on equity (ROE)
  • 24.24%Retained earnings to average equity (YTD only)
  • 4.68%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 80.61%Efficiency ratio
  • 41,316Assets per employee
  • 2.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 80.70%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 790.55%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.22%Net loans and leases to deposits
  • 93.69%Net loans and leases to core deposits
  • 106.91%Equity capital to assets
  • 8.20%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 12.38%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $164,607Average earning assets
  • $13,295Average equity
  • $158,186Average loans

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