Mercantile Bank of Lake of the Ozarks in Eldon, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 18, 1996

Mercantile Bank of Lake of the Ozarks in Eldon, Missouri (MO)
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Mercantile Bank of Lake of the Ozarks - Overview

General
FDIC Certificate #: 12221
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Central Missouri (#4554)
Federal Reserve ID: 773452
Date Established: January 01, 1896
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 7766
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, 1996
Last Structure Change Process Date: November 26, 1996
Last Data Update: November 26, 1996
Data Source Date: April 05, 2012
Location
Address: Highway 54 And Aurora Street, Eldon, MO 65026
County: Miller
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Columbia Mo
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $166.2 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)
$65Total assets
$172,831Cash and due from depository institutions
$3,899Interest-bearing balances
$0Securities
$26,596Federal funds sold & reverse repurchase agreements
$8,000Net loans & leases
$130,451Loan loss allowance
$2,207Trading account assets
$0Bank premises and fixed assets
$2,030Other real estate owned
$224Goodwill and other intangibles
$1,631Life insurance assets
$0All other assets
$0Total liabilities and capital
$172,831Total liabilities
$159,084Total deposits
$157,763Interest-bearing deposits
$145,801Deposits held in domestic offices
157763.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,321Total equity capital
$1,321Total bank equity capital
$13,747Perpetual preferred stock
$0Common stock
$604Surplus
$4,012Undivided profits
Memoranda
$9,131Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$591Income earned, not collected on loans
$989Earning assets
$165,047Long-term assets (5+ years)
$1,798Average Assets, year-to-date
$153,488Average Assets, quarterly
$172,683Volatile liabilities
$16,403Insider loans
$604FHLB advances
$0Loans and leases held for sale
$124Unused loan commitments
$7,667Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$13,529Total risk weighted assets
$101,861Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$12,379Total interest expense
$5,476Net interest income
$6,903Provision for loan and lease losses
$241Total noninterest income
$825Fiduciary activities
$4Service charges on deposit accounts
$524Trading account gains & fees
$0Additional noninterest income
$297Total noninterest expense
$3,610Salaries and employee benefits
$1,584Premises and equipment expense
$489Additional noninterest expense
$1,537Pre-tax net operating income
$3,877Securities gains (losses)
$0Applicable income taxes
$1,466Income before extraordinary items
$2,411Extraordinary gains - net
$0Net income attributable to bank
$2,411Net charge-offs
$176Cash dividends
$1,800Sale, 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
8.42%Cost of funding earning assets
3.72%Net interest margin
4.69%Noninterest income to earning assets
0.56%Noninterest expense to earning assets
2.45%Net operating income to assets
1.57%Return on assets (ROA)
1.57%Pretax return on assets
2.53%Return on equity (ROE)
19.16%Retained earnings to average equity (YTD only)
4.86%Net charge-offs to loans
0.15%Credit loss provision to net charge-offs
136.93%Efficiency ratio
46,713Assets per employee
2.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
74.66%Loss allowance to loans
1.66%Loss allowance to noncurrent loans
373.43%Noncurrent assets plus other real estate owned to assets
0.47%Noncurrent loans to loans
0.45%Net loans and leases to deposits
82.69%Net loans and leases to core deposits
92.28%Equity capital to assets
7.95%Core capital (leverage) ratio
7.80%Tier 1 risk-based capital ratio
13.28%Total risk-based capital ratio
Memoranda
$15Average assets
$153,488Average earning assets
$12,582Average equity
$147,082Average loans

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