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

This bank is inactive as of June 14, 1996

Mercantile Bank of Poplar Bluff in Poplar Bluff, Missouri (MO)
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Mercantile Bank of Poplar Bluff - Overview

General
FDIC Certificate #: 8571
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Southeast Missouri (#17043)
Federal Reserve ID: 581956
Date Established: December 17, 1886
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 5474
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: January 01, 1934
Last Structure Change Effective Date: June 14, 1996
Last Structure Change Process Date: June 26, 1996
Last Data Update: June 26, 1996
Data Source Date: April 05, 2012
Location
Address: 200 South Main Street, Poplar Bluff, MO 63901
County: Butler
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: St. Louis
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Poplar Bluff, MO (#38740)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $105.7 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)
$52Total assets
$104,327Cash and due from depository institutions
$3,635Interest-bearing balances
$0Securities
$25,915Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$72,553Loan loss allowance
$1,254Trading account assets
$0Bank premises and fixed assets
$1,114Other real estate owned
$0Goodwill and other intangibles
$1,110Life insurance assets
$0All other assets
$0Total liabilities and capital
$104,327Total liabilities
$95,214Total deposits
$92,325Interest-bearing deposits
$79,172Deposits held in domestic offices
92325.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$1,850Trading liabilities
$0Other borrowed funds
$136Subordinated debt
$0All other liabilities
$903Total equity capital
$903Total bank equity capital
$9,113Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$7,113Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$469Income earned, not collected on loans
$541Earning assets
$98,468Long-term assets (5+ years)
$5,922Average Assets, year-to-date
$103,235Average Assets, quarterly
$102,693Volatile liabilities
$6,415Insider loans
$1,075FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$6,875Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,962Total risk weighted assets
$68,415Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$8,493Total interest expense
$3,010Net interest income
$5,483Provision for loan and lease losses
$200Total noninterest income
$836Fiduciary activities
$6Service charges on deposit accounts
$580Trading account gains & fees
$0Additional noninterest income
$250Total noninterest expense
$3,068Salaries and employee benefits
$1,584Premises and equipment expense
$379Additional noninterest expense
$1,105Pre-tax net operating income
$3,051Securities gains (losses)
$0Applicable income taxes
$1,119Income before extraordinary items
$1,932Extraordinary gains - net
$0Net income attributable to bank
$1,932Net charge-offs
$206Cash dividends
$2,200Sale, 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
8.61%Cost of funding earning assets
3.05%Net interest margin
5.56%Noninterest income to earning assets
0.85%Noninterest expense to earning assets
3.11%Net operating income to assets
1.87%Return on assets (ROA)
1.87%Pretax return on assets
2.96%Return on equity (ROE)
21.18%Retained earnings to average equity (YTD only)
-2.94%Net charge-offs to loans
0.27%Credit loss provision to net charge-offs
97.09%Efficiency ratio
48,552Assets per employee
2.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
113.87%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
267.38%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.64%Net loans and leases to deposits
78.58%Net loans and leases to core deposits
82.54%Equity capital to assets
8.74%Core capital (leverage) ratio
8.66%Tier 1 risk-based capital ratio
13.10%Total risk-based capital ratio
Memoranda
$14Average assets
$103,235Average earning assets
$9,121Average equity
$98,651Average loans

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