FDIC Certificate #: 19407 Status: Inactive Closing history: Corrections Acquiring institution:Mercantile Bank of St. Louis National Association (#1061) Federal Reserve ID: 665557 Date Established: April 12, 1965 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 11 (Interstate: No) FDIC's unique #: 13210 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: April 12, 1965 Last Structure Change Effective Date: December 12, 1998 Last Structure Change Process Date: January 06, 1999 Last Data Update: Febuary 01, 1999 Data Source Date: April 05, 2012
Location
Address: 318 North Rollins, Macon, MO 63552 County: Macon 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
History of Changes
Consolidated - Without Assistance
Corrections
Financial Summary
Total assets: $369.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
124Total employees (full-time equivalent)
$423,009Total assets
$10,604Cash and due from depository institutions
$0Interest-bearing balances
$172,086Securities
$22,400Federal funds sold & reverse repurchase agreements
$207,958Net loans & leases
$2,751Loan loss allowance
$0Trading account assets
$3,609Bank premises and fixed assets
$23Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$6,329All other assets
$423,009Total liabilities and capital
$394,878Total liabilities
$392,271Total deposits
$370,114Interest-bearing deposits
$392,271Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,607All other liabilities
$28,131Total equity capital
$28,131Total bank equity capital
$28,131Perpetual preferred stock
$0Common stock
$1,200Surplus
$18,954Undivided profits
Memoranda
$7,977Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,722Earning assets
$0Long-term assets (5+ years)
$2,357Average Assets, year-to-date
$402,444Average Assets, quarterly
$82,163Volatile liabilities
$215,333Insider loans
$293,311FHLB advances
$32,373Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$22,251Total unused commitments
$0Restructured Loans and leases
$258,375Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$15,728Total interest income
$7,264Total interest expense
$8,464Net interest income
$590Provision for loan and lease losses
$950Total noninterest income
$0Fiduciary activities
$568Service charges on deposit accounts
$0Trading account gains & fees
$382Additional noninterest income
$4,662Total noninterest expense
$2,416Salaries and employee benefits
$457Premises and equipment expense
$1,789Additional noninterest expense
$4,162Pre-tax net operating income
$0Securities gains (losses)
$1,551Applicable income taxes
$2,611Income before extraordinary items
$0Extraordinary gains - net
$2,611Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$747Sale, conversion, retirement of capital stock, net
$3,500Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.73%Yield on earning assets
3.57%Cost of funding earning assets
4.16%Net interest margin
0.47%Noninterest income to earning assets
2.29%Noninterest expense to earning assets
1.21%Net operating income to assets
1.21%Return on assets (ROA)
1.93%Pretax return on assets
16.32%Return on equity (ROE)
-5.56%Retained earnings to average equity (YTD only)
0.50%Net charge-offs to loans
78.98%Credit loss provision to net charge-offs
6.36%Efficiency ratio
49,522Assets per employee
3.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
134.05%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
101.07%Noncurrent assets plus other real estate owned to assets
0.65%Noncurrent loans to loans
1.29%Net loans and leases to deposits
53.01%Net loans and leases to core deposits
57.78%Equity capital to assets
6.65%Core capital (leverage) ratio
9.18%Tier 1 risk-based capital ratio
10.59%Total risk-based capital ratio
Memoranda
$12Average assets
$215,333Average earning assets
$16,003Average equity
$203,510Average loans
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