Mercantile Bank of Southeast Missouri in Poplar Bluff, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 12, 1998

  • Mercantile Bank of Southeast Missouri in Poplar Bluff, Missouri (MO)
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Mercantile Bank of Southeast Missouri - Overview

  • General
  • FDIC Certificate #: 17043
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Mercantile Bank of St. Louis National Association (#1061)
    Federal Reserve ID: 771355
    Date Established: September 25, 1951
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 23 (Interstate: No)
    OTS Docket #: 14082
    FDIC's unique #: 11106
    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: September 25, 1951
    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: 200 South Main Street, Poplar Bluff, MO 63901
    County: Butler
    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
    Core Based Statistical Area (CBSA): Poplar Bluff, MO (#38740)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $1,056.2 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
  • 388Total employees (full-time equivalent)
  • $1,135,132Total assets
  • $23,706Cash and due from depository institutions
  • $0Interest-bearing balances
  • $356,696Securities
  • $45,000Federal funds sold & reverse repurchase agreements
  • $683,445Net loans & leases
  • $9,518Loan loss allowance
  • $0Trading account assets
  • $15,780Bank premises and fixed assets
  • $188Other real estate owned
  • $93Goodwill and other intangibles
  • $0Life insurance assets
  • $10,224All other assets
  • $1,135,132Total liabilities and capital
  • $1,063,217Total liabilities
  • $1,024,854Total deposits
  • $937,996Interest-bearing deposits
  • $1,024,854Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $28,410Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,864Other borrowed funds
  • $0Subordinated debt
  • $7,089All other liabilities
  • $71,915Total equity capital
  • $71,915Total bank equity capital
  • $71,915Perpetual preferred stock
  • $0Common stock
  • $5,337Surplus
  • $37,073Undivided profits
  • Memoranda
  • $29,505Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,809Earning assets
  • $387Long-term assets (5+ years)
  • $4,694Average Assets, year-to-date
  • $1,085,141Average Assets, quarterly
  • $172,132Volatile liabilities
  • $904,003Insider loans
  • $989,092FHLB advances
  • $147,228Loans and leases held for sale
  • $205Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,236Total risk weighted assets
  • $53,876Total unused commitments
  • $0Restructured Loans and leases
  • $708,056Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $69,592Total interest income
  • $31,897Total interest expense
  • $37,695Net interest income
  • $2,462Provision for loan and lease losses
  • $5,739Total noninterest income
  • $18Fiduciary activities
  • $4,025Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,696Additional noninterest income
  • $21,622Total noninterest expense
  • $10,571Salaries and employee benefits
  • $2,634Premises and equipment expense
  • $8,417Additional noninterest expense
  • $19,350Pre-tax net operating income
  • $0Securities gains (losses)
  • $7,034Applicable income taxes
  • $12,316Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,316Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,876Sale, conversion, retirement of capital stock, net
  • $8,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.11%Yield on earning assets
  • 3.72%Cost of funding earning assets
  • 4.39%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.52%Noninterest expense to earning assets
  • 1.36%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 2.14%Pretax return on assets
  • 20.04%Return on equity (ROE)
  • 7.02%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 85.61%Credit loss provision to net charge-offs
  • 7.58%Efficiency ratio
  • 49,632Assets per employee
  • 2.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 64.96%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 338.84%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.41%Net loans and leases to deposits
  • 66.69%Net loans and leases to core deposits
  • 75.19%Equity capital to assets
  • 6.34%Core capital (leverage) ratio
  • 7.05%Tier 1 risk-based capital ratio
  • 9.82%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $904,003Average earning assets
  • $61,460Average equity
  • $858,282Average loans

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