Mercantile Bank of Crawford County, National Association in Van Buren, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 16, 1996

  • Mercantile Bank of Crawford County, National Association in Van Buren, Arkansas (AR)
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Mercantile Bank of Crawford County, National Association - Overview

  • General
  • FDIC Certificate #: 1292
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of Arkansas National Association (#15086)
    Federal Reserve ID: 797841
    Date Established: August 19, 1933
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 868
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 16, 1996
    Last Structure Change Process Date: October 08, 1996
    Last Data Update: October 08, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Sixth And Webster Streets, Van Buren, AR 72956
    County: Crawford
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Fort Smith, AR-OK (#2720)
    Core Based Statistical Area (CBSA): Fort Smith, AR-OK (#22900)
    CBSA Metro Statistical Area: Fort Smith, AR-OK (#22900)
  • Financial Summary
  • Total assets: $140.7 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)
  • $61Total assets
  • $129,135Cash and due from depository institutions
  • $3,441Interest-bearing balances
  • $0Securities
  • $36,195Federal funds sold & reverse repurchase agreements
  • $1,770Net loans & leases
  • $83,457Loan loss allowance
  • $1,151Trading account assets
  • $0Bank premises and fixed assets
  • $2,705Other real estate owned
  • $65Goodwill and other intangibles
  • $1,502Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $129,135Total liabilities
  • $117,785Total deposits
  • $117,024Interest-bearing deposits
  • $103,654Deposits held in domestic offices
  • 117024.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $170Subordinated debt
  • $0All other liabilities
  • $591Total equity capital
  • $591Total bank equity capital
  • $11,350Perpetual preferred stock
  • $0Common stock
  • $829Surplus
  • $1,393Undivided profits
  • Memoranda
  • $9,128Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $79Income earned, not collected on loans
  • $681Earning assets
  • $121,422Long-term assets (5+ years)
  • $24,845Average Assets, year-to-date
  • $132,124Average Assets, quarterly
  • $131,118Volatile liabilities
  • $15,258Insider loans
  • $1,088FHLB advances
  • $0Loans and leases held for sale
  • $83Unused loan commitments
  • $5,175Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,204Total risk weighted assets
  • $86,382Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,282Total interest expense
  • $5,223Net interest income
  • $5,059Provision for loan and lease losses
  • $181Total noninterest income
  • $925Fiduciary activities
  • $12Service charges on deposit accounts
  • $626Trading account gains & fees
  • $0Additional noninterest income
  • $287Total noninterest expense
  • $3,330Salaries and employee benefits
  • $1,569Premises and equipment expense
  • $559Additional noninterest expense
  • $1,202Pre-tax net operating income
  • $2,473Securities gains (losses)
  • $0Applicable income taxes
  • $677Income before extraordinary items
  • $1,796Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,796Net charge-offs
  • $27Cash dividends
  • $710Sale, 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
  • 8.29%Cost of funding earning assets
  • 4.21%Net interest margin
  • 4.08%Noninterest income to earning assets
  • 0.75%Noninterest expense to earning assets
  • 2.68%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 1.87%Return on equity (ROE)
  • 17.27%Retained earnings to average equity (YTD only)
  • 10.45%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 670.37%Efficiency ratio
  • 55,648Assets per employee
  • 2.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.53%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 1456.96%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 71.32%Net loans and leases to core deposits
  • 81.87%Equity capital to assets
  • 8.79%Core capital (leverage) ratio
  • 8.55%Tier 1 risk-based capital ratio
  • 12.97%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $132,124Average earning assets
  • $10,397Average equity
  • $124,083Average loans

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