Mercantile Bank of Kansas City in Kansas City, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 22, 1998

  • Mercantile Bank of Kansas City in Kansas City, Missouri (MO)
  • Show street view No street view available for this location

Mercantile Bank of Kansas City - Overview

  • General
  • FDIC Certificate #: 8285
    Status: Inactive
    Federal Reserve ID: 2413565
    Date Established: Febuary 27, 1933
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 5286
    Numeric code: 13
    Regulator: FED
    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: January 01, 1934
    Last Structure Change Effective Date: June 22, 1998
    Last Structure Change Process Date: August 11, 1998
    Last Data Update: August 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 1101 Walnut Street, Kansas City, MO 64106
    County: Jackson
    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: West
    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
  • Other Liquidations and Closings
    Corrections
    Change in Entity Type
  • Financial Summary
  • Total assets: $11.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $13,036Total assets
  • $15Cash and due from depository institutions
  • $0Interest-bearing balances
  • $9,318Securities
  • $1,875Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,828All other assets
  • $13,036Total liabilities and capital
  • $1,833Total liabilities
  • $0Total deposits
  • $0Interest-bearing deposits
  • $0Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,833All other liabilities
  • $11,203Total equity capital
  • $11,203Total bank equity capital
  • $11,203Perpetual preferred stock
  • $0Common stock
  • $5,265Surplus
  • $4,735Undivided profits
  • Memoranda
  • $1,203Noncurrent loans and leases
  • $0Noncurrent 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)
  • $0Average Assets, year-to-date
  • $11,193Average Assets, quarterly
  • $0Volatile liabilities
  • $12,367Insider loans
  • $12,535FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $4,106Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $662Total interest income
  • $0Total interest expense
  • $662Net interest income
  • $0Provision for loan and lease losses
  • $3,092Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,092Additional noninterest income
  • $1,784Total noninterest expense
  • $0Salaries and employee benefits
  • $0Premises and equipment expense
  • $1,784Additional noninterest expense
  • $1,970Pre-tax net operating income
  • $0Securities gains (losses)
  • $697Applicable income taxes
  • $1,273Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,273Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $1,600Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.84%Yield on earning assets
  • 0.00%Cost of funding earning assets
  • 5.84%Net interest margin
  • 27.29%Noninterest income to earning assets
  • 15.75%Noninterest expense to earning assets
  • 10.29%Net operating income to assets
  • 10.29%Return on assets (ROA)
  • 15.93%Pretax return on assets
  • 11.25%Return on equity (ROE)
  • -2.89%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 47,523Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 125.69%Loss allowance to loans
  • 0.00%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
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 85.94%Core capital (leverage) ratio
  • 91.81%Tier 1 risk-based capital ratio
  • 272.56%Total risk-based capital ratio
  • Memoranda
  • $273Average assets
  • $12,367Average earning assets
  • $11,316Average equity
  • $11,330Average loans
1
Randy Testerman
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