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

This bank is inactive as of December 12, 1998

  • Mercantile Bank of Western Missouri in Joplin, Missouri (MO)
  • Show street view No street view available for this location

Mercantile Bank of Western Missouri - Overview

  • General
  • FDIC Certificate #: 12681
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Mercantile Bank of St. Louis National Association (#1061)
    Federal Reserve ID: 748450
    Date Established: October 18, 1919
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 14 (Interstate: No)
    FDIC's unique #: 8044
    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 12, 1998
    Last Structure Change Process Date: January 06, 1999
    Last Data Update: Febuary 01, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 402 Main Street, Joplin, MO 64801
    County: Jasper
    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): Joplin, MO (#3710)
    Core Based Statistical Area (CBSA): Joplin, MO (#27900)
    CBSA Metro Statistical Area: Joplin, MO (#27900)
  • History of Changes
  • Consolidated - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $662.7 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
  • 245Total employees (full-time equivalent)
  • $696,367Total assets
  • $24,886Cash and due from depository institutions
  • $0Interest-bearing balances
  • $235,252Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $415,521Net loans & leases
  • $5,290Loan loss allowance
  • $0Trading account assets
  • $9,621Bank premises and fixed assets
  • $634Other real estate owned
  • $375Goodwill and other intangibles
  • $0Life insurance assets
  • $10,078All other assets
  • $696,367Total liabilities and capital
  • $649,698Total liabilities
  • $623,545Total deposits
  • $546,839Interest-bearing deposits
  • $623,545Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $21,300Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6Other borrowed funds
  • $0Subordinated debt
  • $4,847All other liabilities
  • $46,669Total equity capital
  • $46,669Total bank equity capital
  • $46,669Perpetual preferred stock
  • $0Common stock
  • $4,963Surplus
  • $21,581Undivided profits
  • Memoranda
  • $20,125Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,598Earning assets
  • $0Long-term assets (5+ years)
  • $2,894Average Assets, year-to-date
  • $650,773Average Assets, quarterly
  • $98,306Volatile liabilities
  • $541,584Insider loans
  • $590,058FHLB advances
  • $50,205Loans and leases held for sale
  • $9,201Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $55,986Total unused commitments
  • $0Restructured Loans and leases
  • $483,175Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $41,718Total interest income
  • $18,528Total interest expense
  • $23,190Net interest income
  • $1,726Provision for loan and lease losses
  • $10,787Total noninterest income
  • $3,026Fiduciary activities
  • $2,326Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,435Additional noninterest income
  • $15,396Total noninterest expense
  • $7,221Salaries and employee benefits
  • $1,862Premises and equipment expense
  • $6,313Additional noninterest expense
  • $16,855Pre-tax net operating income
  • $0Securities gains (losses)
  • $5,982Applicable income taxes
  • $10,873Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,873Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,142Sale, conversion, retirement of capital stock, net
  • $14,550Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.36%Yield on earning assets
  • 3.71%Cost of funding earning assets
  • 4.65%Net interest margin
  • 2.16%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 2.01%Net operating income to assets
  • 2.01%Return on assets (ROA)
  • 3.11%Pretax return on assets
  • 28.57%Return on equity (ROE)
  • -9.66%Retained earnings to average equity (YTD only)
  • 0.55%Net charge-offs to loans
  • 80.58%Credit loss provision to net charge-offs
  • 8.67%Efficiency ratio
  • 44,798Assets per employee
  • 2.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 133.82%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 331.04%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.38%Net loans and leases to deposits
  • 66.64%Net loans and leases to core deposits
  • 69.88%Equity capital to assets
  • 6.70%Core capital (leverage) ratio
  • 7.62%Tier 1 risk-based capital ratio
  • 9.36%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $541,584Average earning assets
  • $38,058Average equity
  • $499,120Average loans

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