Mercantile Trust Company, National Association - Overview
General
FDIC Certificate #: 33854 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:U.S. Bank National Association (#6548) Federal Reserve ID: 2119586 Date Established: November 01, 1993 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 48162 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: July 01, 1998 Last Structure Change Effective Date: August 11, 2000 Last Structure Change Process Date: September 18, 2000 Last Data Update: September 18, 2000 Data Source Date: April 05, 2012
Location
Address: 721 Locust Street, St. Louis, MO 63101 County: Saint Louis (City) Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Chicago 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: $83.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
579Total employees (full-time equivalent)
$311,025Total assets
$1Cash and due from depository institutions
$0Interest-bearing balances
$4,102Securities
$271,069Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$3,364Bank premises and fixed assets
$0Other real estate owned
$7,500Goodwill and other intangibles
$0Life insurance assets
$24,989All other assets
$311,025Total liabilities and capital
$275,766Total liabilities
$244,475Total deposits
$244,475Interest-bearing deposits
$244,475Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$31,291All other liabilities
$35,259Total equity capital
$35,259Total bank equity capital
$35,259Perpetual preferred stock
$0Common stock
$296Surplus
$20,265Undivided profits
Memoranda
$14,698Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$275,171Average Assets, quarterly
$0Volatile liabilities
$163,720Insider loans
$284,979FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$5,587Total interest income
$3,537Total interest expense
$2,050Net interest income
$14Provision for loan and lease losses
$95,387Total noninterest income
$94,989Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
$335Additional noninterest income
$54,421Total noninterest expense
$35,198Salaries and employee benefits
$3,306Premises and equipment expense
$15,917Additional noninterest expense
$43,002Pre-tax net operating income
-$64Securities gains (losses)
$17,280Applicable income taxes
$25,658Income before extraordinary items
$0Extraordinary gains - net
$25,658Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$36Sale, conversion, retirement of capital stock, net
$14,928Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.15%Yield on earning assets
2.63%Cost of funding earning assets
1.52%Net interest margin
70.89%Noninterest income to earning assets
40.45%Noninterest expense to earning assets
15.70%Net operating income to assets
15.67%Return on assets (ROA)
26.23%Pretax return on assets
58.34%Return on equity (ROE)
24.40%Retained earnings to average equity (YTD only)
-0.35%Net charge-offs to loans
-38.89%Credit loss provision to net charge-offs
0.00%Efficiency ratio
53,800Assets per employee
0.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.18%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
11.34%Core capital (leverage) ratio
10.30%Tier 1 risk-based capital ratio
33.38%Total risk-based capital ratio
Memoranda
$33Average assets
$163,720Average earning assets
$43,977Average equity
$134,555Average loans
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