Mercantile Bank in Overland Park, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 16, 1997

  • Mercantile Bank in Overland Park, Kansas (KS)
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Mercantile Bank - Overview

  • General
  • FDIC Certificate #: 4710
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Firstar Bank, National Association (#10927)
    Federal Reserve ID: 349053
    Date Established: January 01, 1872
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 46 (Interstate: No)
    OTS Docket #: 13902
    FDIC's unique #: 3132
    Numeric code: 13
    Regulator: FED
    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: May 16, 1997
    Last Structure Change Process Date: June 05, 1997
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 9900 West 87th Street, Overland Park, KS 66212
    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: Western
    Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
    Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
    Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
    CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $2,023.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $754Total assets
  • $2,007,718Cash and due from depository institutions
  • $76,647Interest-bearing balances
  • $40,000Securities
  • $557,011Federal funds sold & reverse repurchase agreements
  • $80,125Net loans & leases
  • $1,227,991Loan loss allowance
  • $19,968Trading account assets
  • $0Bank premises and fixed assets
  • $34,344Other real estate owned
  • $182Goodwill and other intangibles
  • $28,696Life insurance assets
  • $2,722All other assets
  • $0Total liabilities and capital
  • $2,007,718Total liabilities
  • $1,842,424Total deposits
  • $1,714,530Interest-bearing deposits
  • $1,430,074Deposits held in domestic offices
  • 1714530.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $110,069Trading liabilities
  • $0Other borrowed funds
  • $304Subordinated debt
  • $0All other liabilities
  • $17,521Total equity capital
  • $17,521Total bank equity capital
  • $165,294Perpetual preferred stock
  • $0Common stock
  • $32,000Surplus
  • $84,096Undivided profits
  • Memoranda
  • $49,198Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,913Income earned, not collected on loans
  • $11,019Earning assets
  • $1,905,127Long-term assets (5+ years)
  • $174,610Average Assets, year-to-date
  • $1,757,169Average Assets, quarterly
  • $1,991,103Volatile liabilities
  • $220,853Insider loans
  • $32,407FHLB advances
  • $0Loans and leases held for sale
  • $1,969Unused loan commitments
  • $271,914Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $160,563Total risk weighted assets
  • $1,254,062Total unused commitments
  • $0Restructured Loans and leases
  • $377Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $134,297Total interest expense
  • $59,402Net interest income
  • $74,895Provision for loan and lease losses
  • $7,378Total noninterest income
  • $29,156Fiduciary activities
  • $5,091Service charges on deposit accounts
  • $10,709Trading account gains & fees
  • $444Additional noninterest income
  • $12,912Total noninterest expense
  • $58,433Salaries and employee benefits
  • $28,384Premises and equipment expense
  • $8,705Additional noninterest expense
  • $21,344Pre-tax net operating income
  • $38,240Securities gains (losses)
  • $3Applicable income taxes
  • $10,834Income before extraordinary items
  • $27,409Extraordinary gains - net
  • $0Net income attributable to bank
  • $27,409Net charge-offs
  • $9,822Cash dividends
  • $18,344Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.20%Cost of funding earning assets
  • 3.63%Net interest margin
  • 4.58%Noninterest income to earning assets
  • 1.78%Noninterest expense to earning assets
  • 3.57%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 2.18%Return on equity (ROE)
  • 19.55%Retained earnings to average equity (YTD only)
  • 6.47%Net charge-offs to loans
  • 0.90%Credit loss provision to net charge-offs
  • 75.12%Efficiency ratio
  • 55,638Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.93%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 182.97%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 71.62%Net loans and leases to core deposits
  • 76.56%Equity capital to assets
  • 8.23%Core capital (leverage) ratio
  • 8.14%Tier 1 risk-based capital ratio
  • 12.80%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,757,169Average earning assets
  • $140,211Average equity
  • $1,636,796Average loans

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