Mercantile Bank of Lake of the Ozarks in Eldon, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 18, 1996

  • Mercantile Bank of Lake of the Ozarks in Eldon, Missouri (MO)
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Mercantile Bank of Lake of the Ozarks - Overview

  • General
  • FDIC Certificate #: 12221
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of Central Missouri (#4554)
    Federal Reserve ID: 773452
    Date Established: January 01, 1896
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 7766
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 18, 1996
    Last Structure Change Process Date: November 26, 1996
    Last Data Update: November 26, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 54 And Aurora Street, Eldon, MO 65026
    County: Miller
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Columbia Mo
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $166.2 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)
  • $65Total assets
  • $172,831Cash and due from depository institutions
  • $3,899Interest-bearing balances
  • $0Securities
  • $26,596Federal funds sold & reverse repurchase agreements
  • $8,000Net loans & leases
  • $130,451Loan loss allowance
  • $2,207Trading account assets
  • $0Bank premises and fixed assets
  • $2,030Other real estate owned
  • $224Goodwill and other intangibles
  • $1,631Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $172,831Total liabilities
  • $159,084Total deposits
  • $157,763Interest-bearing deposits
  • $145,801Deposits held in domestic offices
  • 157763.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,321Total equity capital
  • $1,321Total bank equity capital
  • $13,747Perpetual preferred stock
  • $0Common stock
  • $604Surplus
  • $4,012Undivided profits
  • Memoranda
  • $9,131Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $591Income earned, not collected on loans
  • $989Earning assets
  • $165,047Long-term assets (5+ years)
  • $1,798Average Assets, year-to-date
  • $153,488Average Assets, quarterly
  • $172,683Volatile liabilities
  • $16,403Insider loans
  • $604FHLB advances
  • $0Loans and leases held for sale
  • $124Unused loan commitments
  • $7,667Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,529Total risk weighted assets
  • $101,861Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,379Total interest expense
  • $5,476Net interest income
  • $6,903Provision for loan and lease losses
  • $241Total noninterest income
  • $825Fiduciary activities
  • $4Service charges on deposit accounts
  • $524Trading account gains & fees
  • $0Additional noninterest income
  • $297Total noninterest expense
  • $3,610Salaries and employee benefits
  • $1,584Premises and equipment expense
  • $489Additional noninterest expense
  • $1,537Pre-tax net operating income
  • $3,877Securities gains (losses)
  • $0Applicable income taxes
  • $1,466Income before extraordinary items
  • $2,411Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,411Net charge-offs
  • $176Cash dividends
  • $1,800Sale, 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
  • 8.42%Cost of funding earning assets
  • 3.72%Net interest margin
  • 4.69%Noninterest income to earning assets
  • 0.56%Noninterest expense to earning assets
  • 2.45%Net operating income to assets
  • 1.57%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 2.53%Return on equity (ROE)
  • 19.16%Retained earnings to average equity (YTD only)
  • 4.86%Net charge-offs to loans
  • 0.15%Credit loss provision to net charge-offs
  • 136.93%Efficiency ratio
  • 46,713Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.66%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 373.43%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 82.69%Net loans and leases to core deposits
  • 92.28%Equity capital to assets
  • 7.95%Core capital (leverage) ratio
  • 7.80%Tier 1 risk-based capital ratio
  • 13.28%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $153,488Average earning assets
  • $12,582Average equity
  • $147,082Average loans

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