Mercantile Bank of Arkansas National Association in North Little Rock, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 07, 2000

  • Mercantile Bank of Arkansas National Association in North Little Rock, Arkansas (AR)
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Mercantile Bank of Arkansas National Association - Overview

  • General
  • FDIC Certificate #: 15086
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: U.S. Bank National Association (#6548)
    Federal Reserve ID: 36447
    Date Established: March 21, 1935
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 52 (Interstate: No)
    OTS Docket #: 11701
    FDIC's unique #: 9464
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: April 04, 1935
    Last Structure Change Effective Date: March 07, 2000
    Last Structure Change Process Date: May 02, 2000
    Last Data Update: May 02, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: One Riverfront Place, North Little Rock, AR 72119
    County: Pulaski
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Little Rock-North Little Rock, AR (#4400)
    Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340)
    Core Based Statistical Area (CBSA): Little Rock-North Little Rock-Conway, AR (#30780)
    CBSA Metro Statistical Area: Little Rock-North Little Rock-Conway, AR (#30780)
  • Financial Summary
  • Total assets: $1,648.4 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 562Total employees (full-time equivalent)
  • $1,648,416Total assets
  • $45,748Cash and due from depository institutions
  • $76Interest-bearing balances
  • $486,667Securities
  • $2,938Federal funds sold & reverse repurchase agreements
  • $1,057,105Net loans & leases
  • $17,096Loan loss allowance
  • $0Trading account assets
  • $34,733Bank premises and fixed assets
  • $1,244Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $19,981All other assets
  • $1,648,416Total liabilities and capital
  • $1,535,697Total liabilities
  • $1,403,873Total deposits
  • $1,203,774Interest-bearing deposits
  • $1,403,873Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $102,511Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $22,445Other borrowed funds
  • $0Subordinated debt
  • $6,868All other liabilities
  • $112,719Total equity capital
  • $112,719Total bank equity capital
  • $112,719Perpetual preferred stock
  • $0Common stock
  • $5,853Surplus
  • $62,831Undivided profits
  • Memoranda
  • $44,035Noncurrent loans and leases
  • $228,023Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $9,164Earning assets
  • $752Long-term assets (5+ years)
  • $5,660Average Assets, year-to-date
  • $1,546,786Average Assets, quarterly
  • $276,034Volatile liabilities
  • $1,793,753Insider loans
  • $1,726,720FHLB advances
  • $291,691Loans and leases held for sale
  • $233Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,792Total risk weighted assets
  • $228,023Total unused commitments
  • $0Restructured Loans and leases
  • $15,414Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $127,259Total interest income
  • $58,127Total interest expense
  • $69,132Net interest income
  • $6,537Provision for loan and lease losses
  • $15,651Total noninterest income
  • $0Fiduciary activities
  • $10,926Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,725Additional noninterest income
  • $44,629Total noninterest expense
  • $18,994Salaries and employee benefits
  • $6,255Premises and equipment expense
  • $19,380Additional noninterest expense
  • $33,617Pre-tax net operating income
  • -$8,321Securities gains (losses)
  • $10,431Applicable income taxes
  • $14,865Income before extraordinary items
  • $0Extraordinary gains - net
  • $14,865Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5,916Sale, conversion, retirement of capital stock, net
  • $46,000Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.52%Yield on earning assets
  • 3.44%Cost of funding earning assets
  • 4.09%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 2.64%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 10.77%Return on equity (ROE)
  • -22.57%Retained earnings to average equity (YTD only)
  • 0.51%Net charge-offs to loans
  • 110.50%Credit loss provision to net charge-offs
  • 6.79%Efficiency ratio
  • 52,639Assets per employee
  • 2.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 309.45%Loss allowance to loans
  • 1.59%Loss allowance to noncurrent loans
  • 186.56%Noncurrent assets plus other real estate owned to assets
  • 0.63%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 75.30%Net loans and leases to core deposits
  • 86.86%Equity capital to assets
  • 6.84%Core capital (leverage) ratio
  • 7.01%Tier 1 risk-based capital ratio
  • 9.55%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,793,753Average earning assets
  • $137,971Average equity
  • $1,691,625Average loans

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