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

This bank is inactive as of October 18, 1996

Mercantile Bank of Warrensburg in Warrensburg, Missouri (MO)
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Mercantile Bank of Warrensburg - Overview

General
FDIC Certificate #: 8292
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Central Missouri (#4554)
Federal Reserve ID: 216959
Date Established: October 19, 1888
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 5291
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: 615 North Maguire Street, Warrensburg, MO 64093
County: Johnson
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
Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
Core Based Statistical Area (CBSA): Warrensburg, MO (#47660)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $106.6 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)
$42Total assets
$121,668Cash and due from depository institutions
$4,605Interest-bearing balances
$0Securities
$39,684Federal funds sold & reverse repurchase agreements
$8,000Net loans & leases
$67,358Loan loss allowance
$1,043Trading account assets
$0Bank premises and fixed assets
$455Other real estate owned
$271Goodwill and other intangibles
$1,101Life insurance assets
$194All other assets
$0Total liabilities and capital
$121,668Total liabilities
$104,381Total deposits
$101,181Interest-bearing deposits
$92,878Deposits held in domestic offices
101181.00%% insured (estimated)
$79Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$3,200Total equity capital
$3,200Total bank equity capital
$17,287Perpetual preferred stock
$0Common stock
$2,000Surplus
$13,871Undivided profits
Memoranda
$1,416Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,786Income earned, not collected on loans
$556Earning assets
$115,042Long-term assets (5+ years)
$17,597Average Assets, year-to-date
$361,505Average Assets, quarterly
$119,568Volatile liabilities
$6,289Insider loans
$1,141FHLB advances
$0Loans and leases held for sale
$629Unused loan commitments
$6,979Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$16,912Total risk weighted assets
$65,586Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$26,107Total interest expense
$13,082Net interest income
$13,025Provision for loan and lease losses
$430Total noninterest income
$2,289Fiduciary activities
$13Service charges on deposit accounts
$1,537Trading account gains & fees
$0Additional noninterest income
$739Total noninterest expense
$8,053Salaries and employee benefits
$3,591Premises and equipment expense
$1,060Additional noninterest expense
$3,402Pre-tax net operating income
$6,831Securities gains (losses)
$246Applicable income taxes
$2,320Income before extraordinary items
$4,757Extraordinary gains - net
$0Net income attributable to bank
$4,757Net charge-offs
$1,536Cash dividends
$31,856Sale, 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
7.83%Cost of funding earning assets
3.93%Net interest margin
3.91%Noninterest income to earning assets
0.69%Noninterest expense to earning assets
2.42%Net operating income to assets
1.27%Return on assets (ROA)
1.32%Pretax return on assets
1.96%Return on equity (ROE)
14.11%Retained earnings to average equity (YTD only)
-80.36%Net charge-offs to loans
0.71%Credit loss provision to net charge-offs
27.99%Efficiency ratio
50,908Assets per employee
2.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
669.67%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
58.40%Noncurrent assets plus other real estate owned to assets
1.69%Noncurrent loans to loans
2.61%Net loans and leases to deposits
66.57%Net loans and leases to core deposits
70.98%Equity capital to assets
14.21%Core capital (leverage) ratio
14.06%Tier 1 risk-based capital ratio
25.79%Total risk-based capital ratio
Memoranda
$27Average assets
$361,505Average earning assets
$33,722Average equity
$333,288Average loans

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