Mercantile Bank of St. Louis National Association in Saint Louis, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 22, 1999

  • Mercantile Bank of St. Louis National Association in Saint Louis, Missouri (MO)
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Mercantile Bank of St. Louis National Association - Overview

  • General
  • FDIC Certificate #: 1061
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Firstar Bank Missouri, National Association (#4573)
    Federal Reserve ID: 626446
    Date Established: October 13, 1928
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 214 (Interstate: No)
    OTS Docket #: 15962
    FDIC's unique #: 711
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 22, 1999
    Last Structure Change Process Date: Febuary 23, 2000
    Last Data Update: Febuary 23, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 721 Locust Street 63101, Saint Louis, MO 63166
    County: St. Louis
    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
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • Financial Summary
  • Total assets: $20,376.5 mil

Assets and Liabilities (December 31, 1998)

  • Dollar figures in thousands
  • 5,570Total employees (full-time equivalent)
  • $22,790,986Total assets
  • $2,001,613Cash and due from depository institutions
  • $355,689Interest-bearing balances
  • $6,540,233Securities
  • $285,873Federal funds sold & reverse repurchase agreements
  • $12,908,808Net loans & leases
  • $168,152Loan loss allowance
  • $169,122Trading account assets
  • $225,895Bank premises and fixed assets
  • $4,671Other real estate owned
  • $52,624Goodwill and other intangibles
  • $0Life insurance assets
  • $602,147All other assets
  • $22,790,986Total liabilities and capital
  • $21,028,910Total liabilities
  • $15,119,864Total deposits
  • $11,574,879Interest-bearing deposits
  • $14,314,991Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,842,071Federal funds purchased & repurchase agreements
  • $63,639Trading liabilities
  • $3,634,912Other borrowed funds
  • $75,000Subordinated debt
  • $293,424All other liabilities
  • $1,762,076Total equity capital
  • $1,762,076Total bank equity capital
  • $1,762,076Perpetual preferred stock
  • $0Common stock
  • $70,533Surplus
  • $987,245Undivided profits
  • Memoranda
  • $704,298Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $114,035Earning assets
  • $29,054Long-term assets (5+ years)
  • $79,066Average Assets, year-to-date
  • $20,216,703Average Assets, quarterly
  • $4,379,707Volatile liabilities
  • $22,128,628Insider loans
  • $22,239,064FHLB advances
  • $6,915,538Loans and leases held for sale
  • $118,273Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $139,722Total risk weighted assets
  • $6,746,420Total unused commitments
  • $0Restructured Loans and leases
  • $15,997,452Derivatives
  • $357,988Total assets and liabilities in foreign offices

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $1,491,694Total interest income
  • $811,330Total interest expense
  • $680,364Net interest income
  • $14,200Provision for loan and lease losses
  • $275,424Total noninterest income
  • $37,050Fiduciary activities
  • $63,492Service charges on deposit accounts
  • $16,328Trading account gains & fees
  • $158,554Additional noninterest income
  • $455,353Total noninterest expense
  • $281,123Salaries and employee benefits
  • $73,175Premises and equipment expense
  • $101,055Additional noninterest expense
  • $486,235Pre-tax net operating income
  • $11,888Securities gains (losses)
  • $153,820Applicable income taxes
  • $344,303Income before extraordinary items
  • $0Extraordinary gains - net
  • $344,303Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $18,263Sale, conversion, retirement of capital stock, net
  • $205,157Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.50%Yield on earning assets
  • 4.08%Cost of funding earning assets
  • 3.42%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 2.29%Noninterest expense to earning assets
  • 1.52%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 2.25%Pretax return on assets
  • 20.38%Return on equity (ROE)
  • 8.24%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 77.75%Credit loss provision to net charge-offs
  • 27.40%Efficiency ratio
  • 47,564Assets per employee
  • 4.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.59%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 147.46%Noncurrent assets plus other real estate owned to assets
  • 0.52%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 85.38%Net loans and leases to core deposits
  • 104.23%Equity capital to assets
  • 7.73%Core capital (leverage) ratio
  • 7.99%Tier 1 risk-based capital ratio
  • 10.83%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $22,128,628Average earning assets
  • $1,689,682Average equity
  • $19,901,885Average loans

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