Home > Mercantile Bank > Assets and Liabilities
Mercantile Bank, Assets and Liabilities
| 1996-12-31 | Rank | |
| # of Employees: | 38 | 4,777 |
| Assets and Liabilities | ||
| Total Assets: | $129,049,000 | 3,502 |
| Cash and due from depository institutions | $3,143,000 | 4,777 |
| Interest-bearing balances | $30,000 | 5,722 |
| Securities | $30,470,000 | 3,868 |
| Federal funds sold & reverse repurchase agreements | $10,000,000 | 1,295 |
| Net loans & leases | $82,073,000 | 3,322 |
| Loan loss allowance | $2,247,000 | 1,711 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $2,062,000 | 3,693 |
| Other real estate owned | $0 | 4,777 |
| Goodwill and other intangibles | $0 | 3,437 |
| All other assets | $1,301,000 | 5,178 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $129,049,000 | 3,502 |
| Total liabilities | $118,424,000 | 3,437 |
| Total deposits | $113,013,000 | 3,380 |
| Interest-bearing deposits | $102,472,000 | 3,193 |
| Deposits held in domestic offices | $113,013,000 | 3,369 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $4,640,000 | 1,652 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $274,000 | 4,362 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $497,000 | 5,974 |
| Total equity capital | $10,625,000 | 4,133 |
| Total bank equity capital | $10,625,000 | 4,133 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $670,000 | 4,514 |
| Surplus | $2,422,000 | 4,890 |
| Undivided profits | $7,533,000 | 3,204 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $386,000 | 4,960 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $757,000 | 3,002 |
| Earning assets | $122,573,000 | 3,381 |
| Long-term assets (5+ years) | $8,729,000 | 4,531 |
| Average Assets, year-to-date | $133,073,000 | 3,263 |
| Average Assets, quarterly | $134,104,500 | 3,328 |
| Volatile liabilities | $18,237,000 | 3,137 |
| Insider loans | $833,000 | 4,094 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $15,820,000 | 2,443 |
| Tier 1 (core) risk-based capital | $10,590,000 | 4,046 |
| Tier 2 risk-based capital | $1,045,390 | 2,849 |
| Total risk weighted assets | $82,429,190 | 3,336 |
| Total unused commitments | $15,820,000 | 2,455 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 42 | 4,498 |
| Assets and Liabilities | ||
| Total Assets: | $134,586,000 | 3,347 |
| Cash and due from depository institutions | $2,921,000 | 4,498 |
| Interest-bearing balances | $141,000 | 4,588 |
| Securities | $33,399,000 | 3,750 |
| Federal funds sold & reverse repurchase agreements | $1,390,000 | 6,589 |
| Net loans & leases | $93,640,000 | 2,871 |
| Loan loss allowance | $791,000 | 4,285 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $1,754,000 | 4,154 |
| Other real estate owned | $0 | 4,498 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $1,482,000 | 4,714 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $134,586,000 | 3,347 |
| Total liabilities | $123,784,000 | 3,288 |
| Total deposits | $118,235,000 | 3,244 |
| Interest-bearing deposits | $106,950,000 | 3,089 |
| Deposits held in domestic offices | $118,235,000 | 3,236 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $4,781,000 | 1,554 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $122,000 | 4,284 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $646,000 | 5,163 |
| Total equity capital | $10,802,000 | 4,040 |
| Total bank equity capital | $10,802,000 | 4,040 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $670,000 | 4,750 |
| Surplus | $2,150,000 | 5,278 |
| Undivided profits | $7,982,000 | 3,128 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $454,000 | 4,507 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $968,000 | 2,385 |
| Earning assets | $128,570,000 | 3,226 |
| Long-term assets (5+ years) | $19,347,000 | 2,559 |
| Average Assets, year-to-date | $132,585,200 | 3,280 |
| Average Assets, quarterly | $136,863,000 | 3,270 |
| Volatile liabilities | $18,739,000 | 2,770 |
| Insider loans | $1,496,000 | 2,771 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $14,827,000 | 2,447 |
| Tier 1 (core) risk-based capital | $10,753,000 | 3,932 |
| Tier 2 risk-based capital | $791,000 | 3,621 |
| Total risk weighted assets | $95,342,000 | 2,849 |
| Total unused commitments | $14,827,000 | 2,460 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 21 | 7,881 |
| Assets and Liabilities | ||
| Total Assets: | $42,422,000 | 8,263 |
| Cash and due from depository institutions | $3,085,000 | 7,881 |
| Interest-bearing balances | $1,283,000 | 2,112 |
| Securities | $11,350,000 | 8,274 |
| Federal funds sold & reverse repurchase agreements | $1,400,000 | 4,673 |
| Net loans & leases | $24,868,000 | 7,847 |
| Loan loss allowance | $380,000 | 7,367 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $942,000 | 6,300 |
| Other real estate owned | $15,000 | 7,881 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $762,000 | 7,902 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $42,422,000 | 8,263 |
| Total liabilities | $39,236,000 | 8,132 |
| Total deposits | $38,454,000 | 8,014 |
| Interest-bearing deposits | $33,555,000 | 7,918 |
| Deposits held in domestic offices | $38,454,000 | 8,006 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $431,000 | 4,054 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $109,000 | 4,746 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $242,000 | 8,233 |
| Total equity capital | $3,186,000 | 9,235 |
| Total bank equity capital | $3,186,000 | 9,235 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $510,000 | 5,644 |
| Surplus | $1,990,000 | 5,689 |
| Undivided profits | $686,000 | 9,817 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $566,000 | 3,965 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $296,000 | 6,643 |
| Earning assets | $38,901,000 | 8,257 |
| Long-term assets (5+ years) | $2,861,000 | 7,489 |
| Average Assets, year-to-date | $43,670,600 | 8,013 |
| Average Assets, quarterly | $42,575,500 | 8,220 |
| Volatile liabilities | $1,064,000 | 11,008 |
| Insider loans | $144,000 | 8,834 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $2,334,000 | 7,061 |
| Tier 1 (core) risk-based capital | $3,302,000 | 9,162 |
| Tier 2 risk-based capital | $347,880 | 6,861 |
| Total risk weighted assets | $27,798,280 | 7,574 |
| Total unused commitments | $2,334,000 | 7,073 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 27 | 6,938 |
| Assets and Liabilities | ||
| Total Assets: | $45,149,000 | 8,223 |
| Cash and due from depository institutions | $4,371,000 | 6,938 |
| Interest-bearing balances | $2,938,000 | 1,893 |
| Securities | $11,709,000 | 8,458 |
| Federal funds sold & reverse repurchase agreements | $1,300,000 | 7,081 |
| Net loans & leases | $26,160,000 | 7,607 |
| Loan loss allowance | $192,000 | 10,414 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $979,000 | 6,215 |
| Other real estate owned | $25,000 | 6,938 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $605,000 | 8,505 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $45,149,000 | 8,223 |
| Total liabilities | $41,668,000 | 8,131 |
| Total deposits | $40,928,000 | 8,053 |
| Interest-bearing deposits | $35,901,000 | 7,917 |
| Deposits held in domestic offices | $40,928,000 | 8,046 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $265,000 | 3,854 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $475,000 | 5,561 |
| Total equity capital | $3,481,000 | 9,090 |
| Total bank equity capital | $3,481,000 | 9,090 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $510,000 | 5,904 |
| Surplus | $1,990,000 | 5,690 |
| Undivided profits | $981,000 | 9,574 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $461,000 | 5,137 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $19,000 | 1,464 |
| Income earned, not collected on loans | $378,000 | 4,905 |
| Earning assets | $42,107,000 | 8,107 |
| Long-term assets (5+ years) | $2,536,000 | 8,230 |
| Average Assets, year-to-date | $44,513,600 | 8,127 |
| Average Assets, quarterly | $44,476,000 | 8,230 |
| Volatile liabilities | $778,000 | 11,813 |
| Insider loans | $578,000 | 5,282 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $94,000 | 1,578 |
| Unused loan commitments | $3,781,000 | 5,676 |
| Tier 1 (core) risk-based capital | $3,481,000 | 9,024 |
| Tier 2 risk-based capital | $192,000 | 9,535 |
| Total risk weighted assets | $29,773,800 | 7,314 |
| Total unused commitments | $3,781,000 | 5,697 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 20 | 8,629 |
| Assets and Liabilities | ||
| Total Assets: | $45,544,000 | 8,356 |
| Cash and due from depository institutions | $4,494,000 | 8,629 |
| Interest-bearing balances | $2,719,000 | 2,242 |
| Securities | $13,544,000 | 7,807 |
| Federal funds sold & reverse repurchase agreements | $600,000 | 9,812 |
| Net loans & leases | $25,171,000 | 7,868 |
| Loan loss allowance | $196,000 | 10,606 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $972,000 | 6,320 |
| Other real estate owned | $76,000 | 8,629 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $687,000 | 8,175 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $45,544,000 | 8,356 |
| Total liabilities | $42,134,000 | 8,264 |
| Total deposits | $41,494,000 | 8,179 |
| Interest-bearing deposits | $37,015,000 | 8,001 |
| Deposits held in domestic offices | $41,494,000 | 8,173 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $307,000 | 3,549 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $330,000 | 7,754 |
| Total equity capital | $3,410,000 | 9,077 |
| Total bank equity capital | $3,410,000 | 9,077 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $510,000 | 6,220 |
| Surplus | $1,740,000 | 6,037 |
| Undivided profits | $1,160,000 | 9,168 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $239,000 | 7,877 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $370,000 | 5,435 |
| Earning assets | $42,034,000 | 8,252 |
| Long-term assets (5+ years) | $3,165,000 | 7,843 |
| Average Assets, year-to-date | $45,552,400 | 8,192 |
| Average Assets, quarterly | $45,347,000 | 8,318 |
| Volatile liabilities | $1,052,000 | 11,688 |
| Insider loans | $350,000 | 2,557 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $39,000 | 1,185 |
| Unused loan commitments | $2,781,000 | 6,320 |
| Tier 1 (core) risk-based capital | $3,410,000 | 9,009 |
| Tier 2 risk-based capital | $196,000 | 9,547 |
| Total risk weighted assets | $28,848,400 | 7,531 |
| Total unused commitments | $2,781,000 | 6,348 |
| Derivatives | $0 | 651 |