Mercantile Bank & Trust, FSB in Dallas, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 14, 2005

  • Mercantile Bank & Trust, FSB in Dallas, Texas (TX)
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Mercantile Bank & Trust, FSB - Overview

  • General
  • FDIC Certificate #: 32333
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Texas State Bank (#23346)
    Federal Reserve ID: 241773
    Date Established: June 12, 1985
    WWW: http://www.mercantiledfw.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8155
    FDIC's unique #: 45167
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: June 12, 1985
    Last Structure Change Effective Date: January 14, 2005
    Last Structure Change Process Date: March 10, 2005
    Last Data Update: March 10, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 5820 W. Northwest Highway, Dallas, TX 75225
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $179.1 mil

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2004)

  • Dollar figures in thousands
  • 36Total employees (full-time equivalent)
  • $179,076Total assets
  • $54,443Cash and due from depository institutions
  • $52,967Interest-bearing balances
  • $500Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $117,807Net loans & leases
  • $917Loan loss allowance
  • $0Trading account assets
  • $4,699Bank premises and fixed assets
  • $0Other real estate owned
  • $4Goodwill and other intangibles
  • $0Life insurance assets
  • $1,623All other assets
  • $179,076Total liabilities and capital
  • $165,172Total liabilities
  • $163,832Total deposits
  • $136,226Interest-bearing deposits
  • $163,832Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $148Other borrowed funds
  • $0Subordinated debt
  • $1,192All other liabilities
  • $13,904Total equity capital
  • $13,904Total bank equity capital
  • $13,904Perpetual preferred stock
  • $0Common stock
  • $270Surplus
  • $9,546Undivided profits
  • Memoranda
  • $4,088Noncurrent loans and leases
  • $9,983Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $502Average Assets, year-to-date
  • $171,274Average Assets, quarterly
  • $0Volatile liabilities
  • $173,862Insider loans
  • $174,677FHLB advances
  • $103,641Loans and leases held for sale
  • $1,614Unused loan commitments
  • $148Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,983Total unused commitments
  • $38Restructured Loans and leases
  • $917Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $7,508Total interest income
  • $2,950Total interest expense
  • $4,558Net interest income
  • $0Provision for loan and lease losses
  • $840Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $840Additional noninterest income
  • $5,448Total noninterest expense
  • $2,803Salaries and employee benefits
  • $1,046Premises and equipment expense
  • $1,599Additional noninterest expense
  • -$50Pre-tax net operating income
  • -$195Securities gains (losses)
  • -$84Applicable income taxes
  • -$161Income before extraordinary items
  • $0Extraordinary gains - net
  • -$161Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 1.77%Cost of funding earning assets
  • 2.74%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 3.27%Noninterest expense to earning assets
  • -0.02%Net operating income to assets
  • -0.09%Return on assets (ROA)
  • -0.14%Pretax return on assets
  • -1.14%Return on equity (ROE)
  • -1.14%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -25.00%Efficiency ratio
  • 100,889Assets per employee
  • 4.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.77%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 71.91%Net loans and leases to core deposits
  • 195.24%Equity capital to assets
  • 7.76%Core capital (leverage) ratio
  • 7.76%Tier 1 risk-based capital ratio
  • 13.06%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $173,862Average earning assets
  • $14,125Average equity
  • $166,459Average loans

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