The Mercantile Bank of Louisiana, Missouri - Overview
General
FDIC Certificate #: 12231 Status: Active Federal Reserve ID: 867258 Date Established: January 29, 1880 WWW:http://www.mercbk.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15976 FDIC's unique #: 7775 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: Third And Georgia Streets, Louisiana, MO 63353 County: Pike 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $94.4 mil Equity capital: $23.6 mil Deposits held in domestic offices: $64.7 mil Return on assets (ROA): 1.33% ($1.3 mil) Quarterly return on assets: 1.28% ($1.2 mil) Return on Equity (ROE): 5.62% ($1.3 mil) Quarterly return on equity: 5.15% ($1.2 mil) Net income: $1.3 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.33% ($1,256.2 mil) Quarterly Pretax return on assets: 1.28% ($1,208.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2011)
Dollar figures in thousands
22Total employees (full-time equivalent)
$94,448Total assets
$5,649Cash and due from depository institutions
$4,852Interest-bearing balances
$13,943Securities
$3,495Federal funds sold & reverse repurchase agreements
$67,365Net loans & leases
$1,942Loan loss allowance
$0Trading account assets
$510Bank premises and fixed assets
$163Other real estate owned
$0Goodwill and other intangibles
$94,448Life insurance assets
$3,323All other assets
$70,881Total liabilities and capital
$64,724Total liabilities
$53,655Total deposits
$64,724Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,000Trading liabilities
$0Other borrowed funds
$157Subordinated debt
$23,567All other liabilities
$23,567Total equity capital
$23,567Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$800Surplus
$22,567Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$389Income earned, not collected on loans
$0Earning assets
$462Long-term assets (5+ years)
$89,655Average Assets, year-to-date
$18,927Average Assets, quarterly
$98,561Volatile liabilities
$95,057Insider loans
$71,794FHLB advances
$97,732Loans and leases held for sale
$2,305Unused loan commitments
$2,305Tier 1 (core) risk-based capital
$21,885Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,823Restructured Loans and leases
$1,992Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,548Total interest income
$686Total interest expense
$3,862Net interest income
$640Provision for loan and lease losses
$261Total noninterest income
$0Fiduciary activities
$243Service charges on deposit accounts
$0Trading account gains & fees
$18Additional noninterest income
$2,186Total noninterest expense
$1,321Salaries and employee benefits
$289Premises and equipment expense
$576Additional noninterest expense
$1,297Pre-tax net operating income
$14Securities gains (losses)
$0Applicable income taxes
$1,311Income before extraordinary items
$0Extraordinary gains - net
$1,311Net income attributable to bank
$0Net charge-offs
$1,311Cash dividends
$445Sale, conversion, retirement of capital stock, net
$1,100Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.82%Yield on earning assets
0.73%Cost of funding earning assets
4.10%Net interest margin
0.28%Noninterest income to earning assets
2.32%Noninterest expense to earning assets
1.32%Net operating income to assets
1.33%Return on assets (ROA)
1.33%Pretax return on assets
5.62%Return on equity (ROE)
0.90%Retained earnings to average equity (YTD only)
0.63%Net charge-offs to loans
143.82%Credit loss provision to net charge-offs
4.35%Efficiency ratio
53,020Assets per employee
4.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.91%Loss allowance to loans
2.80%Loss allowance to noncurrent loans
499.23%Noncurrent assets plus other real estate owned to assets
0.58%Noncurrent loans to loans
0.56%Net loans and leases to deposits
104.08%Net loans and leases to core deposits
108.22%Equity capital to assets
24.95%Core capital (leverage) ratio
22.39%Tier 1 risk-based capital ratio
30.48%Total risk-based capital ratio
Memoranda
$32Average assets
$98,561Average earning assets
$23,338Average equity
$94,297Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7775
The Mercantile Bank Of Louisiana, Missouri
Third And Georgia Streets, Louisiana, MO 63353
January 29, 1880
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Mercantile Bank of Louisiana, Missouri.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: