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

This bank is inactive as of December 31, 1996

  • Mercantile Bank of Lebanon in Lebanon, Missouri (MO)
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Mercantile Bank of Lebanon - Overview

  • General
  • FDIC Certificate #: 34024
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of South Central Missouri (#11454)
    Federal Reserve ID: 2303479
    Date Established: May 18, 1995
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 55602
    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: May 18, 1995
    Last Structure Change Effective Date: December 31, 1996
    Last Structure Change Process Date: January 23, 1997
    Last Data Update: January 23, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 North Jefferson, Lebanon, MO 65536
    County: Laclede
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Springfield Mo
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Lebanon, MO (#30060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $126.5 mil

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $58Total assets
  • $127,935Cash and due from depository institutions
  • $2,260Interest-bearing balances
  • $21Securities
  • $14,280Federal funds sold & reverse repurchase agreements
  • $10,000Net loans & leases
  • $99,429Loan loss allowance
  • $2,310Trading account assets
  • $0Bank premises and fixed assets
  • $1,191Other real estate owned
  • $166Goodwill and other intangibles
  • $609Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $127,935Total liabilities
  • $102,150Total deposits
  • $99,790Interest-bearing deposits
  • $95,636Deposits held in domestic offices
  • 99790.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,360Total equity capital
  • $2,360Total bank equity capital
  • $25,785Perpetual preferred stock
  • $0Common stock
  • $1,200Surplus
  • $23,800Undivided profits
  • Memoranda
  • $785Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,627Income earned, not collected on loans
  • $523Earning assets
  • $123,730Long-term assets (5+ years)
  • $4,909Average Assets, year-to-date
  • $132,688Average Assets, quarterly
  • $130,720Volatile liabilities
  • $9,804Insider loans
  • $587FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,139Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $25,782Total risk weighted assets
  • $72,406Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,969Total interest expense
  • $3,101Net interest income
  • $2,868Provision for loan and lease losses
  • $70Total noninterest income
  • $788Fiduciary activities
  • $0Service charges on deposit accounts
  • $236Trading account gains & fees
  • $0Additional noninterest income
  • $552Total noninterest expense
  • $2,323Salaries and employee benefits
  • $1,127Premises and equipment expense
  • $317Additional noninterest expense
  • $879Pre-tax net operating income
  • $1,263Securities gains (losses)
  • $0Applicable income taxes
  • $481Income before extraordinary items
  • $782Extraordinary gains - net
  • $0Net income attributable to bank
  • $782Net charge-offs
  • $48Cash dividends
  • $0Sale, 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
  • 4.64%Cost of funding earning assets
  • 2.41%Net interest margin
  • 2.23%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 1.81%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.59%Pretax return on assets
  • 0.95%Return on equity (ROE)
  • 3.07%Retained earnings to average equity (YTD only)
  • 3.07%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 145.83%Efficiency ratio
  • 63,539Assets per employee
  • 2.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.27%Loss allowance to noncurrent loans
  • 87.93%Noncurrent assets plus other real estate owned to assets
  • 2.18%Noncurrent loans to loans
  • 2.58%Net loans and leases to deposits
  • 99.64%Net loans and leases to core deposits
  • 110.49%Equity capital to assets
  • 20.15%Core capital (leverage) ratio
  • 19.85%Tier 1 risk-based capital ratio
  • 35.61%Total risk-based capital ratio
  • Memoranda
  • $37Average assets
  • $132,688Average earning assets
  • $25,492Average equity
  • $128,537Average loans

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