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

This bank is inactive as of December 31, 1996

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

  • General
  • FDIC Certificate #: 8308
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank of South Central Missouri (#11454)
    Federal Reserve ID: 433251
    Date Established: January 11, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 19 (Interstate: No)
    FDIC's unique #: 5302
    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: December 31, 1996
    Last Structure Change Process Date: January 23, 1997
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 417 St. Louis Street, Springfield, MO 65805
    County: Greene
    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
    Metropolitan Statistical Area (MSA): Springfield, MO (#7920)
    Core Based Statistical Area (CBSA): Springfield, MO (#44180)
    CBSA Metro Statistical Area: Springfield, MO (#44180)
  • Financial Summary
  • Total assets: $578.6 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)
  • $250Total assets
  • $596,294Cash and due from depository institutions
  • $19,527Interest-bearing balances
  • $44Securities
  • $66,967Federal funds sold & reverse repurchase agreements
  • $14,800Net loans & leases
  • $478,658Loan loss allowance
  • $8,121Trading account assets
  • $0Bank premises and fixed assets
  • $10,281Other real estate owned
  • $156Goodwill and other intangibles
  • $5,905Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $596,294Total liabilities
  • $542,383Total deposits
  • $517,180Interest-bearing deposits
  • $454,552Deposits held in domestic offices
  • 517180.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $17,433Trading liabilities
  • $0Other borrowed funds
  • $4,384Subordinated debt
  • $0All other liabilities
  • $3,386Total equity capital
  • $3,386Total bank equity capital
  • $53,911Perpetual preferred stock
  • $0Common stock
  • $4,675Surplus
  • $16,159Undivided profits
  • Memoranda
  • $33,077Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,408Income earned, not collected on loans
  • $3,200Earning assets
  • $560,469Long-term assets (5+ years)
  • $22,706Average Assets, year-to-date
  • $566,839Average Assets, quarterly
  • $603,862Volatile liabilities
  • $56,672Insider loans
  • $4,009FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $29,522Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $53,544Total risk weighted assets
  • $422,636Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $45,275Total interest expense
  • $21,115Net interest income
  • $24,160Provision for loan and lease losses
  • $2,634Total noninterest income
  • $3,946Fiduciary activities
  • $1,552Service charges on deposit accounts
  • $1,611Trading account gains & fees
  • $0Additional noninterest income
  • $783Total noninterest expense
  • $13,782Salaries and employee benefits
  • $6,479Premises and equipment expense
  • $1,801Additional noninterest expense
  • $5,502Pre-tax net operating income
  • $11,690Securities gains (losses)
  • $8Applicable income taxes
  • $4,862Income before extraordinary items
  • $6,836Extraordinary gains - net
  • $0Net income attributable to bank
  • $6,836Net charge-offs
  • $1,704Cash dividends
  • $3,800Sale, conversion, retirement of capital stock, net
  • $2,175Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.40%Cost of funding earning assets
  • 3.92%Net interest margin
  • 4.48%Noninterest income to earning assets
  • 0.73%Noninterest expense to earning assets
  • 2.56%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.21%Pretax return on assets
  • 2.06%Return on equity (ROE)
  • 14.23%Retained earnings to average equity (YTD only)
  • 6.32%Net charge-offs to loans
  • 0.37%Credit loss provision to net charge-offs
  • 154.58%Efficiency ratio
  • 49,036Assets per employee
  • 2.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.59%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 126.73%Noncurrent assets plus other real estate owned to assets
  • 1.10%Noncurrent loans to loans
  • 1.32%Net loans and leases to deposits
  • 92.55%Net loans and leases to core deposits
  • 100.11%Equity capital to assets
  • 9.04%Core capital (leverage) ratio
  • 8.87%Tier 1 risk-based capital ratio
  • 12.67%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $566,839Average earning assets
  • $48,045Average equity
  • $538,710Average loans

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