Mercantile Bank of Missouri Valley in Richmond, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 12, 1998

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

Mercantile Bank of Missouri Valley - Overview

  • General
  • FDIC Certificate #: 18865
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of St. Louis National Association (#1061)
    Federal Reserve ID: 308658
    Date Established: October 23, 1963
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 12719
    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: October 25, 1963
    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: 100 East North Main Street, Richmond, MO 64085
    County: Ray
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Kansas City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
    Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
    Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
    CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
  • Financial Summary
  • Total assets: $102.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $103,849Total assets
  • $3,326Cash and due from depository institutions
  • $0Interest-bearing balances
  • $39,102Securities
  • $2,955Federal funds sold & reverse repurchase agreements
  • $55,804Net loans & leases
  • $951Loan loss allowance
  • $0Trading account assets
  • $999Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,665All other assets
  • $103,849Total liabilities and capital
  • $96,356Total liabilities
  • $93,853Total deposits
  • $86,707Interest-bearing deposits
  • $93,853Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,739Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $764All other liabilities
  • $7,493Total equity capital
  • $7,493Total bank equity capital
  • $7,493Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $6,277Undivided profits
  • Memoranda
  • $816Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $270Earning assets
  • $0Long-term assets (5+ years)
  • $627Average Assets, year-to-date
  • $97,861Average Assets, quarterly
  • $673Volatile liabilities
  • $101,886Insider loans
  • $102,331FHLB advances
  • $6,174Loans and leases held for sale
  • $430Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $157Total risk weighted assets
  • $8,201Total unused commitments
  • $0Restructured Loans and leases
  • $53,251Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $7,670Total interest income
  • $3,689Total interest expense
  • $3,981Net interest income
  • -$110Provision for loan and lease losses
  • $515Total noninterest income
  • $0Fiduciary activities
  • $377Service charges on deposit accounts
  • $0Trading account gains & fees
  • $138Additional noninterest income
  • $2,203Total noninterest expense
  • $1,082Salaries and employee benefits
  • $275Premises and equipment expense
  • $846Additional noninterest expense
  • $2,403Pre-tax net operating income
  • $0Securities gains (losses)
  • $831Applicable income taxes
  • $1,572Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,572Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $340Sale, conversion, retirement of capital stock, net
  • $2,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.99%Yield on earning assets
  • 3.84%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 2.29%Noninterest expense to earning assets
  • 1.54%Net operating income to assets
  • 1.54%Return on assets (ROA)
  • 2.36%Pretax return on assets
  • 20.04%Return on equity (ROE)
  • -5.46%Retained earnings to average equity (YTD only)
  • 0.58%Net charge-offs to loans
  • -32.35%Credit loss provision to net charge-offs
  • 6.74%Efficiency ratio
  • 48,999Assets per employee
  • 2.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 127.23%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 352.22%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.48%Net loans and leases to deposits
  • 59.46%Net loans and leases to core deposits
  • 62.41%Equity capital to assets
  • 7.22%Core capital (leverage) ratio
  • 7.01%Tier 1 risk-based capital ratio
  • 13.52%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $101,886Average earning assets
  • $7,846Average equity
  • $96,022Average loans

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