Home > Mercantile Bank > Assets and Liabilities
Mercantile Bank, Assets and Liabilities
| 1998-12-31 | Rank | |
| # of Employees: | 391 | 445 |
| Assets and Liabilities | ||
| Total Assets: | $828,530,000 | 611 |
| Cash and due from depository institutions | $38,656,000 | 445 |
| Interest-bearing balances | $27,000 | 5,887 |
| Securities | $279,139,000 | 468 |
| Federal funds sold & reverse repurchase agreements | $128,185,000 | 151 |
| Net loans & leases | $332,831,000 | 867 |
| Loan loss allowance | $2,678,000 | 1,366 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $38,154,000 | 205 |
| Other real estate owned | $901,000 | 445 |
| Goodwill and other intangibles | $2,791,000 | 843 |
| All other assets | $7,873,000 | 1,067 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $828,530,000 | 611 |
| Total liabilities | $736,452,000 | 621 |
| Total deposits | $676,021,000 | 564 |
| Interest-bearing deposits | $584,826,000 | 570 |
| Deposits held in domestic offices | $676,021,000 | 560 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $56,568,000 | 437 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $501,000 | 4,174 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $3,362,000 | 1,324 |
| Total equity capital | $92,078,000 | 530 |
| Total bank equity capital | $92,078,000 | 530 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $2,740,000 | 1,381 |
| Surplus | $19,674,000 | 885 |
| Undivided profits | $69,664,000 | 374 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $6,025,000 | 490 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $139,000 | 777 |
| Income earned, not collected on loans | $2,374,000 | 863 |
| Earning assets | $740,182,000 | 628 |
| Long-term assets (5+ years) | $70,322,000 | 1,199 |
| Average Assets, year-to-date | $836,232,200 | 592 |
| Average Assets, quarterly | $834,852,000 | 602 |
| Volatile liabilities | $289,144,000 | 419 |
| Insider loans | $58,041,000 | 70 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $83,744,000 | 796 |
| Tier 1 (core) risk-based capital | $87,414,000 | 511 |
| Tier 2 risk-based capital | $2,678,000 | 1,257 |
| Total risk weighted assets | $458,373,100 | 674 |
| Total unused commitments | $83,744,000 | 801 |
| Derivatives | $0 | 527 |
| 1997-12-31 | Rank | |
| # of Employees: | 406 | 443 |
| Assets and Liabilities | ||
| Total Assets: | $862,492,000 | 600 |
| Cash and due from depository institutions | $39,664,000 | 443 |
| Interest-bearing balances | $78,000 | 5,092 |
| Securities | $344,022,000 | 405 |
| Federal funds sold & reverse repurchase agreements | $87,195,000 | 185 |
| Net loans & leases | $338,815,000 | 889 |
| Loan loss allowance | $2,829,000 | 1,314 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $40,023,000 | 193 |
| Other real estate owned | $954,000 | 443 |
| Goodwill and other intangibles | $3,119,000 | 747 |
| All other assets | $8,700,000 | 975 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $862,492,000 | 600 |
| Total liabilities | $780,030,000 | 601 |
| Total deposits | $700,933,000 | 562 |
| Interest-bearing deposits | $604,939,000 | 552 |
| Deposits held in domestic offices | $700,933,000 | 556 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $74,146,000 | 396 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $499,000 | 4,057 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $4,452,000 | 1,105 |
| Total equity capital | $82,462,000 | 581 |
| Total bank equity capital | $82,462,000 | 581 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $2,740,000 | 1,365 |
| Surplus | $19,675,000 | 883 |
| Undivided profits | $60,047,000 | 416 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,211,000 | 886 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $29,000 | 1,402 |
| Income earned, not collected on loans | $2,663,000 | 812 |
| Earning assets | $770,110,000 | 612 |
| Long-term assets (5+ years) | $118,304,000 | 670 |
| Average Assets, year-to-date | $825,048,000 | 593 |
| Average Assets, quarterly | $834,946,500 | 610 |
| Volatile liabilities | $329,199,000 | 393 |
| Insider loans | $47,959,000 | 94 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $0 | 1,579 |
| Unused loan commitments | $91,283,000 | 706 |
| Tier 1 (core) risk-based capital | $79,131,000 | 561 |
| Tier 2 risk-based capital | $2,829,000 | 1,123 |
| Total risk weighted assets | $473,271,300 | 677 |
| Total unused commitments | $91,283,000 | 708 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 519 | 376 |
| Assets and Liabilities | ||
| Total Assets: | $834,282,000 | 636 |
| Cash and due from depository institutions | $37,478,000 | 376 |
| Interest-bearing balances | $25,000 | 5,796 |
| Securities | $334,002,000 | 424 |
| Federal funds sold & reverse repurchase agreements | $94,985,000 | 199 |
| Net loans & leases | $312,898,000 | 992 |
| Loan loss allowance | $2,685,000 | 1,455 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $41,116,000 | 228 |
| Other real estate owned | $251,000 | 376 |
| Goodwill and other intangibles | $3,447,000 | 670 |
| All other assets | $10,105,000 | 890 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $834,282,000 | 636 |
| Total liabilities | $761,906,000 | 635 |
| Total deposits | $670,710,000 | 620 |
| Interest-bearing deposits | $573,052,000 | 617 |
| Deposits held in domestic offices | $670,710,000 | 612 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $85,997,000 | 398 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $593,000 | 3,805 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $4,606,000 | 1,057 |
| Total equity capital | $72,376,000 | 674 |
| Total bank equity capital | $72,376,000 | 674 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $2,740,000 | 1,416 |
| Surplus | $19,675,000 | 936 |
| Undivided profits | $49,961,000 | 533 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,307,000 | 1,019 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $2,528,000 | 870 |
| Earning assets | $741,910,000 | 655 |
| Long-term assets (5+ years) | $78,368,000 | 880 |
| Average Assets, year-to-date | $815,109,600 | 625 |
| Average Assets, quarterly | $815,836,500 | 642 |
| Volatile liabilities | $320,840,000 | 419 |
| Insider loans | $36,628,000 | 149 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $85,859,000 | 734 |
| Tier 1 (core) risk-based capital | $71,003,000 | 646 |
| Tier 2 risk-based capital | $2,685,000 | 1,205 |
| Total risk weighted assets | $448,435,000 | 725 |
| Total unused commitments | $85,859,000 | 740 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 428 | 476 |
| Assets and Liabilities | ||
| Total Assets: | $813,270,000 | 666 |
| Cash and due from depository institutions | $39,381,000 | 476 |
| Interest-bearing balances | $25,000 | 6,063 |
| Securities | $386,017,000 | 401 |
| Federal funds sold & reverse repurchase agreements | $20,230,000 | 705 |
| Net loans & leases | $313,736,000 | 963 |
| Loan loss allowance | $4,894,000 | 917 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $41,312,000 | 239 |
| Other real estate owned | $339,000 | 476 |
| Goodwill and other intangibles | $3,775,000 | 616 |
| All other assets | $8,480,000 | 1,075 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $813,270,000 | 666 |
| Total liabilities | $744,204,000 | 670 |
| Total deposits | $696,576,000 | 619 |
| Interest-bearing deposits | $597,131,000 | 611 |
| Deposits held in domestic offices | $696,576,000 | 611 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $42,776,000 | 565 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $495,000 | 3,469 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $4,357,000 | 1,149 |
| Total equity capital | $69,066,000 | 724 |
| Total bank equity capital | $69,066,000 | 724 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $2,736,000 | 1,449 |
| Surplus | $19,581,000 | 932 |
| Undivided profits | $46,749,000 | 569 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $4,888,000 | 767 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $221,000 | 549 |
| Income earned, not collected on loans | $2,464,000 | 929 |
| Earning assets | $720,008,000 | 680 |
| Long-term assets (5+ years) | $137,243,000 | 526 |
| Average Assets, year-to-date | $773,609,400 | 679 |
| Average Assets, quarterly | $793,760,500 | 673 |
| Volatile liabilities | $285,281,000 | 443 |
| Insider loans | $35,064,000 | 171 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $71,806,000 | 839 |
| Tier 1 (core) risk-based capital | $65,247,000 | 716 |
| Tier 2 risk-based capital | $4,894,000 | 747 |
| Total risk weighted assets | $438,716,200 | 738 |
| Total unused commitments | $71,806,000 | 844 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 435 | 484 |
| Assets and Liabilities | ||
| Total Assets: | $758,435,000 | 705 |
| Cash and due from depository institutions | $38,449,000 | 484 |
| Interest-bearing balances | $98,000 | 5,691 |
| Securities | $317,090,000 | 475 |
| Federal funds sold & reverse repurchase agreements | $35,130,000 | 346 |
| Net loans & leases | $312,642,000 | 940 |
| Loan loss allowance | $5,289,000 | 885 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $38,370,000 | 252 |
| Other real estate owned | $390,000 | 484 |
| Goodwill and other intangibles | $4,103,000 | 527 |
| All other assets | $12,261,000 | 852 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $758,435,000 | 705 |
| Total liabilities | $708,383,000 | 696 |
| Total deposits | $679,424,000 | 617 |
| Interest-bearing deposits | $571,292,000 | 628 |
| Deposits held in domestic offices | $679,424,000 | 606 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $24,758,000 | 801 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $497,000 | 3,771 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $3,704,000 | 1,120 |
| Total equity capital | $50,052,000 | 878 |
| Total bank equity capital | $50,052,000 | 878 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $2,736,000 | 1,466 |
| Surplus | $19,581,000 | 875 |
| Undivided profits | $27,735,000 | 843 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $2,839,000 | 1,207 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $57,000 | 1,040 |
| Income earned, not collected on loans | $1,876,000 | 1,030 |
| Earning assets | $664,960,000 | 714 |
| Long-term assets (5+ years) | $73,001,000 | 857 |
| Average Assets, year-to-date | $749,420,400 | 689 |
| Average Assets, quarterly | $753,157,500 | 707 |
| Volatile liabilities | $225,414,000 | 503 |
| Insider loans | $42,326,000 | 151 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $54,469,000 | 927 |
| Tier 1 (core) risk-based capital | $56,639,000 | 782 |
| Tier 2 risk-based capital | $5,289,000 | 700 |
| Total risk weighted assets | $445,417,200 | 709 |
| Total unused commitments | $54,469,000 | 936 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 473 | 477 |
| Assets and Liabilities | ||
| Total Assets: | $774,728,000 | 692 |
| Cash and due from depository institutions | $35,705,000 | 477 |
| Interest-bearing balances | $257,000 | 5,303 |
| Securities | $322,705,000 | 490 |
| Federal funds sold & reverse repurchase agreements | $62,150,000 | 279 |
| Net loans & leases | $303,908,000 | 947 |
| Loan loss allowance | $5,626,000 | 899 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $39,266,000 | 232 |
| Other real estate owned | $380,000 | 477 |
| Goodwill and other intangibles | $4,416,000 | 459 |
| All other assets | $6,198,000 | 1,332 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $774,728,000 | 692 |
| Total liabilities | $723,320,000 | 685 |
| Total deposits | $701,150,000 | 618 |
| Interest-bearing deposits | $570,770,000 | 642 |
| Deposits held in domestic offices | $701,150,000 | 608 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $18,251,000 | 786 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $512,000 | 3,321 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $3,407,000 | 1,228 |
| Total equity capital | $51,408,000 | 831 |
| Total bank equity capital | $51,408,000 | 831 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $2,735,000 | 1,472 |
| Surplus | $19,563,000 | 830 |
| Undivided profits | $29,110,000 | 792 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $8,015,000 | 692 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $1,297,000 | 1,310 |
| Earning assets | $689,020,000 | 696 |
| Long-term assets (5+ years) | $75,720,000 | 857 |
| Average Assets, year-to-date | $661,045,600 | 767 |
| Average Assets, quarterly | $742,977,500 | 707 |
| Volatile liabilities | $185,697,000 | 541 |
| Insider loans | $25,119,000 | 197 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $45,000,000 | 1,056 |
| Tier 1 (core) risk-based capital | $46,992,000 | 861 |
| Tier 2 risk-based capital | $5,336,350 | 704 |
| Total risk weighted assets | $426,618,650 | 736 |
| Total unused commitments | $45,000,000 | 1,079 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 193 | 1,110 |
| Assets and Liabilities | ||
| Total Assets: | $404,191,000 | 1,206 |
| Cash and due from depository institutions | $11,920,000 | 1,110 |
| Interest-bearing balances | $132,000 | 6,554 |
| Securities | $239,857,000 | 607 |
| Federal funds sold & reverse repurchase agreements | $35,425,000 | 537 |
| Net loans & leases | $103,906,000 | 2,575 |
| Loan loss allowance | $3,912,000 | 1,230 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $9,256,000 | 786 |
| Other real estate owned | $117,000 | 1,110 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $3,710,000 | 2,099 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $404,191,000 | 1,206 |
| Total liabilities | $369,105,000 | 1,223 |
| Total deposits | $367,147,000 | 1,133 |
| Interest-bearing deposits | $331,116,000 | 1,101 |
| Deposits held in domestic offices | $367,147,000 | 1,123 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $644,000 | 2,934 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $1,314,000 | 2,633 |
| Total equity capital | $35,086,000 | 1,112 |
| Total bank equity capital | $35,086,000 | 1,112 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $2,241,000 | 1,925 |
| Surplus | $12,326,000 | 1,162 |
| Undivided profits | $20,519,000 | 1,055 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,168,000 | 3,292 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $559,000 | 3,645 |
| Earning assets | $379,320,000 | 1,176 |
| Long-term assets (5+ years) | $80,695,000 | 765 |
| Average Assets, year-to-date | $398,247,400 | 1,210 |
| Average Assets, quarterly | $398,008,000 | 1,222 |
| Volatile liabilities | $146,044,000 | 587 |
| Insider loans | $17,282,000 | 22 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $24,803,000 | 1,576 |
| Tier 1 (core) risk-based capital | $35,086,000 | 1,087 |
| Tier 2 risk-based capital | $2,059,600 | 1,547 |
| Total risk weighted assets | $162,915,500 | 1,745 |
| Total unused commitments | $24,803,000 | 1,588 |
| Derivatives | $0 | 651 |