Home > Mercantile Bank > Assets and Liabilities
Mercantile Bank, Assets and Liabilities
| 1996-12-31 | Rank | |
| # of Employees: | 754 | 288 |
| Assets and Liabilities | ||
| Total Assets: | $2,007,718,000 | 337 |
| Cash and due from depository institutions | $76,647,000 | 288 |
| Interest-bearing balances | $40,000,000 | 120 |
| Securities | $557,011,000 | 277 |
| Federal funds sold & reverse repurchase agreements | $80,125,000 | 222 |
| Net loans & leases | $1,227,991,000 | 337 |
| Loan loss allowance | $19,968,000 | 323 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $34,344,000 | 252 |
| Other real estate owned | $182,000 | 288 |
| Goodwill and other intangibles | $2,722,000 | 781 |
| All other assets | $28,696,000 | 431 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $2,007,718,000 | 337 |
| Total liabilities | $1,842,424,000 | 338 |
| Total deposits | $1,714,530,000 | 290 |
| Interest-bearing deposits | $1,430,074,000 | 295 |
| Deposits held in domestic offices | $1,714,530,000 | 287 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $110,069,000 | 350 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $304,000 | 4,281 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $17,521,000 | 450 |
| Total equity capital | $165,294,000 | 341 |
| Total bank equity capital | $165,294,000 | 341 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $32,000,000 | 136 |
| Surplus | $84,096,000 | 301 |
| Undivided profits | $49,198,000 | 540 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $10,913,000 | 397 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $11,019,000 | 273 |
| Earning assets | $1,905,127,000 | 328 |
| Long-term assets (5+ years) | $174,610,000 | 462 |
| Average Assets, year-to-date | $1,757,169,400 | 356 |
| Average Assets, quarterly | $1,991,103,000 | 335 |
| Volatile liabilities | $220,853,000 | 530 |
| Insider loans | $32,407,000 | 170 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $1,969,000 | 540 |
| Unused loan commitments | $271,914,000 | 378 |
| Tier 1 (core) risk-based capital | $160,563,000 | 330 |
| Tier 2 risk-based capital | $15,728,770 | 348 |
| Total risk weighted assets | $1,254,062,170 | 340 |
| Total unused commitments | $271,914,000 | 381 |
| Derivatives | $377,000 | 535 |
| 1995-12-31 | Rank | |
| # of Employees: | 107 | 1,799 |
| Assets and Liabilities | ||
| Total Assets: | $234,188,000 | 2,006 |
| Cash and due from depository institutions | $10,246,000 | 1,799 |
| Interest-bearing balances | $0 | 6,853 |
| Securities | $40,713,000 | 3,086 |
| Federal funds sold & reverse repurchase agreements | $6,000,000 | 2,413 |
| Net loans & leases | $168,502,000 | 1,697 |
| Loan loss allowance | $2,608,000 | 1,547 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $4,319,000 | 1,766 |
| Other real estate owned | $0 | 1,799 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $4,408,000 | 1,805 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $234,188,000 | 2,006 |
| Total liabilities | $210,250,000 | 2,031 |
| Total deposits | $204,578,000 | 1,914 |
| Interest-bearing deposits | $160,066,000 | 2,125 |
| Deposits held in domestic offices | $204,578,000 | 1,902 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $3,959,000 | 1,701 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $0 | 5,136 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $1,713,000 | 2,378 |
| Total equity capital | $23,938,000 | 1,880 |
| Total bank equity capital | $23,938,000 | 1,880 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $2,000,000 | 1,954 |
| Surplus | $13,687,000 | 1,236 |
| Undivided profits | $8,251,000 | 3,046 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $351,000 | 5,197 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $2,977,000 | 785 |
| Earning assets | $215,215,000 | 2,011 |
| Long-term assets (5+ years) | $12,263,000 | 3,542 |
| Average Assets, year-to-date | $230,268,400 | 1,964 |
| Average Assets, quarterly | $234,964,000 | 1,974 |
| Volatile liabilities | $25,202,000 | 2,168 |
| Insider loans | $1,973,000 | 2,156 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $2,170,000 | 575 |
| Unused loan commitments | $22,232,000 | 1,853 |
| Tier 1 (core) risk-based capital | $23,326,000 | 1,838 |
| Tier 2 risk-based capital | $2,240,910 | 1,423 |
| Total risk weighted assets | $178,905,410 | 1,593 |
| Total unused commitments | $22,232,000 | 1,862 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 107 | 1,873 |
| Assets and Liabilities | ||
| Total Assets: | $234,870,000 | 1,958 |
| Cash and due from depository institutions | $11,892,000 | 1,873 |
| Interest-bearing balances | $0 | 7,034 |
| Securities | $43,654,000 | 3,014 |
| Federal funds sold & reverse repurchase agreements | $1,500,000 | 4,474 |
| Net loans & leases | $166,736,000 | 1,684 |
| Loan loss allowance | $2,731,000 | 1,516 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $3,983,000 | 1,880 |
| Other real estate owned | $0 | 1,873 |
| Goodwill and other intangibles | $2,662,000 | 676 |
| All other assets | $4,443,000 | 1,867 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $234,870,000 | 1,958 |
| Total liabilities | $210,559,000 | 1,990 |
| Total deposits | $206,795,000 | 1,843 |
| Interest-bearing deposits | $158,343,000 | 2,093 |
| Deposits held in domestic offices | $206,795,000 | 1,832 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $2,089,000 | 2,599 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $1,675,000 | 2,061 |
| Total equity capital | $24,311,000 | 1,703 |
| Total bank equity capital | $24,311,000 | 1,703 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $2,000,000 | 2,014 |
| Surplus | $13,687,000 | 1,169 |
| Undivided profits | $8,624,000 | 2,691 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $289,000 | 5,744 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $2,308,000 | 873 |
| Earning assets | $211,890,000 | 2,003 |
| Long-term assets (5+ years) | $12,731,000 | 3,526 |
| Average Assets, year-to-date | $224,035,000 | 1,996 |
| Average Assets, quarterly | $229,960,000 | 1,990 |
| Volatile liabilities | $20,118,000 | 2,523 |
| Insider loans | $3,250,000 | 1,292 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $141,000 | 1,160 |
| Unused loan commitments | $34,780,000 | 1,292 |
| Tier 1 (core) risk-based capital | $21,649,000 | 1,924 |
| Tier 2 risk-based capital | $2,208,710 | 1,444 |
| Total risk weighted assets | $176,174,710 | 1,587 |
| Total unused commitments | $34,780,000 | 1,300 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 103 | 2,031 |
| Assets and Liabilities | ||
| Total Assets: | $227,890,000 | 2,044 |
| Cash and due from depository institutions | $6,953,000 | 2,031 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $41,708,000 | 3,335 |
| Federal funds sold & reverse repurchase agreements | $10,500,000 | 1,280 |
| Net loans & leases | $152,543,000 | 1,800 |
| Loan loss allowance | $3,466,000 | 1,309 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $4,308,000 | 1,690 |
| Other real estate owned | $0 | 2,031 |
| Goodwill and other intangibles | $7,745,000 | 325 |
| All other assets | $4,133,000 | 1,846 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $227,890,000 | 2,044 |
| Total liabilities | $202,287,000 | 2,099 |
| Total deposits | $200,088,000 | 1,985 |
| Interest-bearing deposits | $152,364,000 | 2,250 |
| Deposits held in domestic offices | $200,088,000 | 1,974 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $458,000 | 3,311 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $214,000 | 3,995 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $1,527,000 | 2,265 |
| Total equity capital | $25,603,000 | 1,607 |
| Total bank equity capital | $25,603,000 | 1,607 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $2,000,000 | 2,040 |
| Surplus | $15,078,000 | 1,020 |
| Undivided profits | $8,525,000 | 2,769 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $768,000 | 3,780 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $1,692,000 | 1,011 |
| Earning assets | $204,751,000 | 2,101 |
| Long-term assets (5+ years) | $22,939,000 | 2,378 |
| Average Assets, year-to-date | $222,883,800 | 2,024 |
| Average Assets, quarterly | $221,421,000 | 2,082 |
| Volatile liabilities | $12,569,000 | 3,454 |
| Insider loans | $4,129,000 | 996 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $30,491,000 | 1,426 |
| Tier 1 (core) risk-based capital | $17,858,000 | 2,183 |
| Tier 2 risk-based capital | $2,046,270 | 1,544 |
| Total risk weighted assets | $162,282,170 | 1,694 |
| Total unused commitments | $30,491,000 | 1,451 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 93 | 2,323 |
| Assets and Liabilities | ||
| Total Assets: | $229,403,000 | 2,068 |
| Cash and due from depository institutions | $16,633,000 | 2,323 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $44,730,000 | 3,052 |
| Federal funds sold & reverse repurchase agreements | $7,732,000 | 2,144 |
| Net loans & leases | $143,102,000 | 1,953 |
| Loan loss allowance | $3,924,000 | 1,224 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $4,347,000 | 1,692 |
| Other real estate owned | $440,000 | 2,323 |
| Goodwill and other intangibles | $9,086,000 | 291 |
| All other assets | $3,333,000 | 2,301 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $229,403,000 | 2,068 |
| Total liabilities | $205,697,000 | 2,118 |
| Total deposits | $203,647,000 | 2,033 |
| Interest-bearing deposits | $154,927,000 | 2,329 |
| Deposits held in domestic offices | $203,647,000 | 2,024 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $512,000 | 2,983 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $26,000 | 4,791 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $1,512,000 | 2,340 |
| Total equity capital | $23,706,000 | 1,631 |
| Total bank equity capital | $23,706,000 | 1,631 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $2,000,000 | 2,114 |
| Surplus | $15,078,000 | 983 |
| Undivided profits | $6,628,000 | 3,278 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $467,000 | 5,856 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $1,527,000 | 1,262 |
| Earning assets | $195,564,000 | 2,213 |
| Long-term assets (5+ years) | $23,336,000 | 2,298 |
| Average Assets, year-to-date | $182,515,400 | 2,533 |
| Average Assets, quarterly | $221,863,000 | 2,124 |
| Volatile liabilities | $14,092,000 | 3,127 |
| Insider loans | $0 | 9,493 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $23,078,000 | 1,652 |
| Tier 1 (core) risk-based capital | $14,620,000 | 2,579 |
| Tier 2 risk-based capital | $1,733,030 | 1,823 |
| Total risk weighted assets | $136,451,330 | 2,045 |
| Total unused commitments | $23,078,000 | 1,665 |
| Derivatives | $0 | 651 |