Mercantile Bank of Topeka in Topeka, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 22, 1996

Mercantile Bank of Topeka in Topeka, Kansas (KS)
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Mercantile Bank of Topeka - Overview

General
FDIC Certificate #: 4783
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Firstar Bank, National Association (#10927)
Federal Reserve ID: 547653
Date Established: July 12, 1888
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 3195
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: August 22, 1996
Last Structure Change Process Date: September 20, 1996
Last Data Update: September 20, 1996
Data Source Date: April 05, 2012
Location
Address: Eighth And Jackson Streets, Topeka, KS 66601
County: Shawnee
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: Western
Metropolitan Statistical Area (MSA): Topeka, KS (#8440)
Core Based Statistical Area (CBSA): Topeka, KS (#45820)
CBSA Metro Statistical Area: Topeka, KS (#45820)
Financial Summary
Total assets: $229.4 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)
$86Total assets
$230,459Cash and due from depository institutions
$16,688Interest-bearing balances
$0Securities
$48,444Federal funds sold & reverse repurchase agreements
$2,450Net loans & leases
$159,274Loan loss allowance
$2,787Trading account assets
$0Bank premises and fixed assets
$823Other real estate owned
$167Goodwill and other intangibles
$2,613Life insurance assets
$0All other assets
$0Total liabilities and capital
$230,459Total liabilities
$212,830Total deposits
$191,826Interest-bearing deposits
$156,258Deposits held in domestic offices
191826.00%% insured (estimated)
$65Federal funds purchased & repurchase agreements
$18,739Trading liabilities
$0Other borrowed funds
$5Subordinated debt
$0All other liabilities
$2,260Total equity capital
$2,260Total bank equity capital
$17,629Perpetual preferred stock
$0Common stock
$5,250Surplus
$10,458Undivided profits
Memoranda
$1,921Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$46Income earned, not collected on loans
$1,586Earning assets
$210,168Long-term assets (5+ years)
$12,485Average Assets, year-to-date
$210,401Average Assets, quarterly
$221,013Volatile liabilities
$48,830Insider loans
$5,669FHLB advances
$0Loans and leases held for sale
$798Unused loan commitments
$32,534Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$17,049Total risk weighted assets
$161,235Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$16,381Total interest expense
$6,770Net interest income
$9,611Provision for loan and lease losses
$187Total noninterest income
$3,862Fiduciary activities
$1,532Service charges on deposit accounts
$1,283Trading account gains & fees
$0Additional noninterest income
$1,047Total noninterest expense
$8,150Salaries and employee benefits
$3,126Premises and equipment expense
$1,457Additional noninterest expense
$3,567Pre-tax net operating income
$5,136Securities gains (losses)
$0Applicable income taxes
$1,832Income before extraordinary items
$3,304Extraordinary gains - net
$0Net income attributable to bank
$3,304Net charge-offs
$131Cash dividends
$3,500Sale, 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
8.21%Cost of funding earning assets
3.39%Net interest margin
4.82%Noninterest income to earning assets
1.94%Noninterest expense to earning assets
4.09%Net operating income to assets
1.57%Return on assets (ROA)
1.57%Pretax return on assets
2.44%Return on equity (ROE)
19.20%Retained earnings to average equity (YTD only)
-1.14%Net charge-offs to loans
0.09%Credit loss provision to net charge-offs
142.75%Efficiency ratio
60,491Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
105.93%Loss allowance to loans
1.72%Loss allowance to noncurrent loans
6058.70%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.03%Net loans and leases to deposits
83.03%Net loans and leases to core deposits
98.48%Equity capital to assets
7.65%Core capital (leverage) ratio
7.80%Tier 1 risk-based capital ratio
10.57%Total risk-based capital ratio
Memoranda
$12Average assets
$210,401Average earning assets
$17,206Average equity
$199,492Average loans

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