Mercantile Trust Company, National Association in St. Louis, Missouri (MO)
Table of contents:
| Mercantile Trust Company, National Association | |
|---|---|
| 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 |
| Assets and Liabilities (December 31, 1999) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 579 |
| Total assets | $311,025 |
| Cash and due from depository institutions | $1 |
| Interest-bearing balances | $0 |
| Securities | $4,102 |
| Federal funds sold & reverse repurchase agreements | $271,069 |
| Net loans & leases | $0 |
| Loan loss allowance | $0 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,364 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $7,500 |
| All other assets | $24,989 |
| Life insurance assets | $0 |
| Total liabilities and capital | $311,025 |
| Total liabilities | $275,766 |
| Total deposits | $244,475 |
| Interest-bearing deposits | $244,475 |
| Deposits held in domestic offices | $244,475 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $31,291 |
| Total equity capital | $35,259 |
| Total bank equity capital | $35,259 |
| Perpetual preferred stock | $35,259 |
| Common stock | $0 |
| Surplus | $296 |
| Undivided profits | $20,265 |
| Memoranda | |
| Noncurrent loans and leases | $14,698 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $0 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $0 |
| Average Assets, quarterly | $275,171 |
| Volatile liabilities | $0 |
| Insider loans | $163,720 |
| FHLB advances | $284,979 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1999) (Dollar figures in thousands) | |
| Total interest income | $5,587 |
| Total interest expense | $3,537 |
| Net interest income | $2,050 |
| Provision for loan and lease losses | $14 |
| Total noninterest income | $95,387 |
| Fiduciary activities | $94,989 |
| Service charges on deposit accounts | $63 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $335 |
| Total noninterest expense | $54,421 |
| Salaries and employee benefits | $35,198 |
| Premises and equipment expense | $3,306 |
| Additional noninterest expense | $15,917 |
| Pre-tax net operating income | $43,002 |
| Securities gains (losses) | -$64 |
| Applicable income taxes | $17,280 |
| Income before extraordinary items | $25,658 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $25,658 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | -$36 |
| Net operating income | $14,928 |
| Performance and Condition Ratios (December 31, 1999) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.15% |
| Cost of funding earning assets | 2.63% |
| Net interest margin | 1.52% |
| Noninterest income to earning assets | 70.89% |
| Noninterest expense to earning assets | 40.45% |
| Net operating income to assets | 15.70% |
| Return on assets (ROA) | 15.67% |
| Pretax return on assets | 26.23% |
| Return on equity (ROE) | 58.34% |
| Retained earnings to average equity (YTD only) | 24.40% |
| Net charge-offs to loans | -0.35% |
| Credit loss provision to net charge-offs | -38.89% |
| Efficiency ratio | 0.00% |
| Assets per employee | $53,800 |
| Cash dividends to net income (YTD only) | 0.54% |
| Condition Ratios (%) | |
| Loss allowance to loans | 58.18% |
| 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 | 0.00% |
| Core capital (leverage) ratio | 11.34% |
| Tier 1 risk-based capital ratio | 10.30% |
| Total risk-based capital ratio | 33.38% |
| Memoranda | |
| Average assets | $33 |
| Average earning assets | $163,720 |
| Average equity | $43,977 |
| Average loans | $134,555 |
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