Mercantile Bank of St. Louis National Association in St. Louis, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 12, 1998

  • Mercantile Bank of St. Louis National Association in St. Louis, Missouri (MO)
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Mercantile Bank of St. Louis National Association - Overview

  • General
  • FDIC Certificate #: 13066
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Mercantile Bank of St. Louis National Association (#1061)
    Federal Reserve ID: 626446
    Date Established: January 15, 1875
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 107 (Interstate: No)
    FDIC's unique #: 8260
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    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: Febuary 01, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 721 Locust Street, St. Louis, MO 63101
    County: Saint Louis (City)
    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)
  • History of Changes
  • Consolidated - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $17,008.1 mil

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 4,076Total employees (full-time equivalent)
  • $15,705,644Total assets
  • $1,217,283Cash and due from depository institutions
  • $238,761Interest-bearing balances
  • $4,106,822Securities
  • $188,704Federal funds sold & reverse repurchase agreements
  • $9,494,462Net loans & leases
  • $121,111Loan loss allowance
  • $90,267Trading account assets
  • $182,736Bank premises and fixed assets
  • $7,300Other real estate owned
  • $50,371Goodwill and other intangibles
  • $0Life insurance assets
  • $367,699All other assets
  • $15,705,644Total liabilities and capital
  • $14,487,515Total liabilities
  • $10,286,782Total deposits
  • $7,744,204Interest-bearing deposits
  • $9,458,628Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,715,652Federal funds purchased & repurchase agreements
  • $41,559Trading liabilities
  • $2,206,518Other borrowed funds
  • $75,000Subordinated debt
  • $162,004All other liabilities
  • $1,218,129Total equity capital
  • $1,218,129Total bank equity capital
  • $1,218,129Perpetual preferred stock
  • $0Common stock
  • $42,658Surplus
  • $707,522Undivided profits
  • Memoranda
  • $467,949Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $117,118Earning assets
  • $49,400Long-term assets (5+ years)
  • $63,026Average Assets, year-to-date
  • $14,097,706Average Assets, quarterly
  • $2,711,504Volatile liabilities
  • $13,286,007Insider loans
  • $16,781,892FHLB advances
  • $5,329,746Loans and leases held for sale
  • $132,624Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $42,500Total risk weighted assets
  • $4,197,235Total unused commitments
  • $0Restructured Loans and leases
  • $11,154,452Derivatives
  • $227,953Total assets and liabilities in foreign offices

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $970,532Total interest income
  • $513,009Total interest expense
  • $457,523Net interest income
  • $65,180Provision for loan and lease losses
  • $208,482Total noninterest income
  • $34,863Fiduciary activities
  • $45,581Service charges on deposit accounts
  • $15,688Trading account gains & fees
  • $112,350Additional noninterest income
  • $385,075Total noninterest expense
  • $204,957Salaries and employee benefits
  • $50,179Premises and equipment expense
  • $129,939Additional noninterest expense
  • $215,750Pre-tax net operating income
  • $6,694Securities gains (losses)
  • $67,087Applicable income taxes
  • $155,357Income before extraordinary items
  • $0Extraordinary gains - net
  • $155,357Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $48,193Sale, conversion, retirement of capital stock, net
  • $199,169Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.29%Yield on earning assets
  • 4.38%Cost of funding earning assets
  • 3.91%Net interest margin
  • 1.78%Noninterest income to earning assets
  • 3.29%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.67%Pretax return on assets
  • 15.76%Return on equity (ROE)
  • -4.44%Retained earnings to average equity (YTD only)
  • 0.60%Net charge-offs to loans
  • 135.25%Credit loss provision to net charge-offs
  • 5.83%Efficiency ratio
  • 57,411Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 128.20%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 103.41%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 1.22%Net loans and leases to deposits
  • 92.30%Net loans and leases to core deposits
  • 114.54%Equity capital to assets
  • 7.76%Core capital (leverage) ratio
  • 7.33%Tier 1 risk-based capital ratio
  • 10.86%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $13,286,007Average earning assets
  • $985,953Average equity
  • $11,710,308Average loans

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