Meramec State Bank in Sullivan, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1994

  • Meramec State Bank in Sullivan, Missouri (MO)
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Meramec State Bank - Overview

  • General
  • FDIC Certificate #: 21931
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: Bank of Sullivan (#8892)
    Federal Reserve ID: 297958
    Date Established: Febuary 24, 1975
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 15199
    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: Febuary 24, 1975
    Last Structure Change Effective Date: October 01, 1994
    Last Structure Change Process Date: October 27, 1994
    Last Data Update: October 27, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: One Meramec Plaza, Outer Service Rd., Sullivan, MO 63080
    County: Franklin
    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
  • Absorption - Without Assistance
    Corrections
    Office Sold
  • Financial Summary
  • Total assets: $15.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $13Total assets
  • $15,605Cash and due from depository institutions
  • $1,053Interest-bearing balances
  • $0Securities
  • $5,254Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $8,766Loan loss allowance
  • $124Trading account assets
  • $0Bank premises and fixed assets
  • $350Other real estate owned
  • $10Goodwill and other intangibles
  • $172Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $15,605Total liabilities
  • $14,599Total deposits
  • $14,534Interest-bearing deposits
  • $11,644Deposits held in domestic offices
  • 14534.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $65Total equity capital
  • $65Total bank equity capital
  • $1,006Perpetual preferred stock
  • $0Common stock
  • $405Surplus
  • $150Undivided profits
  • Memoranda
  • $451Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $169Income earned, not collected on loans
  • $67Earning assets
  • $14,020Long-term assets (5+ years)
  • $96Average Assets, year-to-date
  • $15,048Average Assets, quarterly
  • $15,353Volatile liabilities
  • $618Insider loans
  • $100FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $248Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,006Total risk weighted assets
  • $7,805Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,073Total interest expense
  • $368Net interest income
  • $705Provision for loan and lease losses
  • $37Total noninterest income
  • $165Fiduciary activities
  • $0Service charges on deposit accounts
  • $139Trading account gains & fees
  • $0Additional noninterest income
  • $26Total noninterest expense
  • $760Salaries and employee benefits
  • $339Premises and equipment expense
  • $97Additional noninterest expense
  • $324Pre-tax net operating income
  • $73Securities gains (losses)
  • $6Applicable income taxes
  • $9Income before extraordinary items
  • $70Extraordinary gains - net
  • $0Net income attributable to bank
  • $70Net charge-offs
  • $29Cash dividends
  • $36Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.87%Cost of funding earning assets
  • 2.70%Net interest margin
  • 5.17%Noninterest income to earning assets
  • 1.21%Noninterest expense to earning assets
  • 5.58%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 0.52%Return on equity (ROE)
  • 7.08%Retained earnings to average equity (YTD only)
  • 3.44%Net charge-offs to loans
  • 0.33%Credit loss provision to net charge-offs
  • 127.59%Efficiency ratio
  • 87,356Assets per employee
  • 1.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.43%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 73.37%Noncurrent assets plus other real estate owned to assets
  • 1.15%Noncurrent loans to loans
  • 1.90%Net loans and leases to deposits
  • 60.31%Net loans and leases to core deposits
  • 62.99%Equity capital to assets
  • 6.45%Core capital (leverage) ratio
  • 6.50%Tier 1 risk-based capital ratio
  • 12.89%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $15,048Average earning assets
  • $989Average equity
  • $13,630Average loans

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