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

This bank is inactive as of June 14, 1996

Mercantile Bank of Cape Girardeau in Cape Girardeau, Missouri (MO)
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Mercantile Bank of Cape Girardeau - Overview

General
FDIC Certificate #: 14008
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Southeast Missouri (#17043)
Federal Reserve ID: 906456
Date Established: September 14, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 8757
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: March 06, 1934
Last Structure Change Effective Date: June 14, 1996
Last Structure Change Process Date: June 26, 1996
Last Data Update: June 26, 1996
Data Source Date: April 05, 2012
Location
Address: 325 North Kingshighway, Cape Girardeau, MO 63701
County: Cape Girardeau
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
Combined Statistical Area (CSA): Cape Girardeau-Sikeston-Jackson, MO-IL (#164)
Core Based Statistical Area (CBSA): Cape Girardeau-Jackson, MO-IL (#16020)
CBSA Metro Statistical Area: Cape Girardeau-Jackson, MO-IL (#16020)
Financial Summary
Total assets: $205.3 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)
$69Total assets
$216,886Cash and due from depository institutions
$5,945Interest-bearing balances
$0Securities
$25,398Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$179,024Loan loss allowance
$3,326Trading account assets
$0Bank premises and fixed assets
$3,290Other real estate owned
$0Goodwill and other intangibles
$2,989Life insurance assets
$240All other assets
$0Total liabilities and capital
$216,886Total liabilities
$199,126Total deposits
$186,339Interest-bearing deposits
$175,164Deposits held in domestic offices
186339.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$11,259Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,528Total equity capital
$1,528Total bank equity capital
$17,760Perpetual preferred stock
$0Common stock
$462Surplus
$13,540Undivided profits
Memoranda
$3,758Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$581Income earned, not collected on loans
$1,078Earning assets
$204,422Long-term assets (5+ years)
$21,562Average Assets, year-to-date
$183,587Average Assets, quarterly
$197,662Volatile liabilities
$23,813Insider loans
$3,631FHLB advances
$0Loans and leases held for sale
$512Unused loan commitments
$11,479Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$17,481Total risk weighted assets
$163,385Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$14,703Total interest expense
$7,551Net interest income
$7,152Provision for loan and lease losses
$600Total noninterest income
$848Fiduciary activities
$5Service charges on deposit accounts
$591Trading account gains & fees
$0Additional noninterest income
$252Total noninterest expense
$3,879Salaries and employee benefits
$1,893Premises and equipment expense
$353Additional noninterest expense
$1,633Pre-tax net operating income
$3,521Securities gains (losses)
$0Applicable income taxes
$1,308Income before extraordinary items
$2,213Extraordinary gains - net
$0Net income attributable to bank
$2,213Net charge-offs
$616Cash dividends
$1,700Sale, 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
8.26%Cost of funding earning assets
4.24%Net interest margin
4.02%Noninterest income to earning assets
0.48%Noninterest expense to earning assets
2.18%Net operating income to assets
1.21%Return on assets (ROA)
1.21%Pretax return on assets
1.92%Return on equity (ROE)
15.58%Retained earnings to average equity (YTD only)
3.61%Net charge-offs to loans
0.40%Credit loss provision to net charge-offs
97.40%Efficiency ratio
47,250Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.82%Loss allowance to loans
1.82%Loss allowance to noncurrent loans
572.46%Noncurrent assets plus other real estate owned to assets
0.27%Noncurrent loans to loans
0.32%Net loans and leases to deposits
96.07%Net loans and leases to core deposits
103.01%Equity capital to assets
8.19%Core capital (leverage) ratio
8.49%Tier 1 risk-based capital ratio
10.70%Total risk-based capital ratio
Memoranda
$12Average assets
$183,587Average earning assets
$14,201Average equity
$178,005Average loans

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