Home > Mercantile Bank of St. Joseph > Assets and Liabilities
Mercantile Bank of St. Joseph, Assets and Liabilities
| 1997-12-31 | Rank | |
| # of Employees: | 139 | 1,270 |
| Assets and Liabilities | ||
| Total Assets: | $348,915,000 | 1,323 |
| Cash and due from depository institutions | $9,793,000 | 1,270 |
| Interest-bearing balances | $0 | 6,604 |
| Securities | $66,977,000 | 1,712 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,160 |
| Net loans & leases | $259,594,000 | 1,150 |
| Loan loss allowance | $3,770,000 | 1,028 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $6,856,000 | 1,121 |
| Other real estate owned | $32,000 | 1,270 |
| Goodwill and other intangibles | $0 | 3,571 |
| All other assets | $5,663,000 | 1,355 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $348,915,000 | 1,323 |
| Total liabilities | $320,040,000 | 1,311 |
| Total deposits | $291,335,000 | 1,272 |
| Interest-bearing deposits | $255,605,000 | 1,274 |
| Deposits held in domestic offices | $291,335,000 | 1,266 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $25,529,000 | 659 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $0 | 5,103 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $3,176,000 | 1,400 |
| Total equity capital | $28,875,000 | 1,576 |
| Total bank equity capital | $28,875,000 | 1,576 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $2,200,000 | 1,697 |
| Surplus | $23,859,000 | 765 |
| Undivided profits | $2,816,000 | 6,202 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $481,000 | 4,155 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,731 |
| Income earned, not collected on loans | $3,802,000 | 589 |
| Earning assets | $326,571,000 | 1,303 |
| Long-term assets (5+ years) | $10,231,000 | 4,281 |
| Average Assets, year-to-date | $339,237,000 | 1,295 |
| Average Assets, quarterly | $342,863,000 | 1,330 |
| Volatile liabilities | $43,085,000 | 1,598 |
| Insider loans | $13,654,000 | 278 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $655,000 | 962 |
| Unused loan commitments | $54,889,000 | 1,010 |
| Tier 1 (core) risk-based capital | $28,578,000 | 1,497 |
| Tier 2 risk-based capital | $2,527,720 | 1,250 |
| Total risk weighted assets | $200,975,020 | 1,414 |
| Total unused commitments | $54,889,000 | 1,015 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 140 | 1,325 |
| Assets and Liabilities | ||
| Total Assets: | $333,120,000 | 1,420 |
| Cash and due from depository institutions | $7,681,000 | 1,325 |
| Interest-bearing balances | $0 | 6,640 |
| Securities | $65,846,000 | 1,836 |
| Federal funds sold & reverse repurchase agreements | $7,700,000 | 1,685 |
| Net loans & leases | $239,710,000 | 1,256 |
| Loan loss allowance | $3,841,000 | 1,095 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $6,830,000 | 1,135 |
| Other real estate owned | $444,000 | 1,325 |
| Goodwill and other intangibles | $0 | 3,437 |
| All other assets | $4,909,000 | 1,611 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $333,120,000 | 1,420 |
| Total liabilities | $305,730,000 | 1,398 |
| Total deposits | $292,254,000 | 1,314 |
| Interest-bearing deposits | $258,156,000 | 1,296 |
| Deposits held in domestic offices | $292,254,000 | 1,309 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $10,614,000 | 1,114 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $0 | 5,299 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $2,862,000 | 1,519 |
| Total equity capital | $27,390,000 | 1,660 |
| Total bank equity capital | $27,390,000 | 1,660 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $2,200,000 | 1,781 |
| Surplus | $23,349,000 | 809 |
| Undivided profits | $1,841,000 | 7,479 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $952,000 | 2,786 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $3,141,000 | 716 |
| Earning assets | $313,256,000 | 1,389 |
| Long-term assets (5+ years) | $15,648,000 | 3,175 |
| Average Assets, year-to-date | $328,312,600 | 1,392 |
| Average Assets, quarterly | $337,014,500 | 1,386 |
| Volatile liabilities | $28,420,000 | 2,179 |
| Insider loans | $9,759,000 | 443 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $488,000 | 974 |
| Unused loan commitments | $71,250,000 | 846 |
| Tier 1 (core) risk-based capital | $27,027,000 | 1,589 |
| Tier 2 risk-based capital | $2,995,260 | 1,112 |
| Total risk weighted assets | $238,774,760 | 1,227 |
| Total unused commitments | $71,250,000 | 852 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 142 | 1,345 |
| Assets and Liabilities | ||
| Total Assets: | $316,085,000 | 1,509 |
| Cash and due from depository institutions | $11,346,000 | 1,345 |
| Interest-bearing balances | $0 | 6,853 |
| Securities | $66,041,000 | 1,899 |
| Federal funds sold & reverse repurchase agreements | $3,500,000 | 3,879 |
| Net loans & leases | $222,166,000 | 1,320 |
| Loan loss allowance | $3,743,000 | 1,148 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $7,075,000 | 1,080 |
| Other real estate owned | $579,000 | 1,345 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $5,378,000 | 1,522 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $316,085,000 | 1,509 |
| Total liabilities | $287,243,000 | 1,500 |
| Total deposits | $282,199,000 | 1,396 |
| Interest-bearing deposits | $252,405,000 | 1,351 |
| Deposits held in domestic offices | $282,199,000 | 1,383 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $2,322,000 | 2,083 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $48,000 | 4,685 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $2,674,000 | 1,673 |
| Total equity capital | $28,842,000 | 1,570 |
| Total bank equity capital | $28,842,000 | 1,570 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $2,200,000 | 1,815 |
| Surplus | $23,024,000 | 818 |
| Undivided profits | $3,618,000 | 5,590 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $717,000 | 3,371 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $3,641,000 | 654 |
| Earning assets | $291,707,000 | 1,507 |
| Long-term assets (5+ years) | $18,698,000 | 2,623 |
| Average Assets, year-to-date | $319,464,000 | 1,418 |
| Average Assets, quarterly | $312,783,500 | 1,511 |
| Volatile liabilities | $13,320,000 | 3,688 |
| Insider loans | $14,184,000 | 343 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $429,000 | 1,089 |
| Unused loan commitments | $59,542,000 | 935 |
| Tier 1 (core) risk-based capital | $28,470,000 | 1,519 |
| Tier 2 risk-based capital | $3,048,300 | 1,121 |
| Total risk weighted assets | $243,169,600 | 1,213 |
| Total unused commitments | $59,542,000 | 942 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 154 | 1,293 |
| Assets and Liabilities | ||
| Total Assets: | $329,739,000 | 1,405 |
| Cash and due from depository institutions | $6,010,000 | 1,293 |
| Interest-bearing balances | $0 | 7,034 |
| Securities | $95,422,000 | 1,352 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,397 |
| Net loans & leases | $214,776,000 | 1,311 |
| Loan loss allowance | $3,592,000 | 1,191 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $7,254,000 | 1,016 |
| Other real estate owned | $1,214,000 | 1,293 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $5,063,000 | 1,673 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $329,739,000 | 1,405 |
| Total liabilities | $300,969,000 | 1,407 |
| Total deposits | $281,312,000 | 1,356 |
| Interest-bearing deposits | $251,734,000 | 1,302 |
| Deposits held in domestic offices | $281,312,000 | 1,347 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $17,163,000 | 948 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $2,494,000 | 1,517 |
| Total equity capital | $28,770,000 | 1,433 |
| Total bank equity capital | $28,770,000 | 1,433 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $2,200,000 | 1,863 |
| Surplus | $23,024,000 | 761 |
| Undivided profits | $3,546,000 | 5,307 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $653,000 | 3,593 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $126,000 | 727 |
| Income earned, not collected on loans | $2,699,000 | 740 |
| Earning assets | $310,198,000 | 1,368 |
| Long-term assets (5+ years) | $21,453,000 | 2,407 |
| Average Assets, year-to-date | $329,024,600 | 1,372 |
| Average Assets, quarterly | $326,134,500 | 1,404 |
| Volatile liabilities | $23,946,000 | 2,186 |
| Insider loans | $14,078,000 | 323 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $132,000 | 1,180 |
| Unused loan commitments | $37,471,000 | 1,217 |
| Tier 1 (core) risk-based capital | $28,857,000 | 1,435 |
| Tier 2 risk-based capital | $2,877,790 | 1,150 |
| Total risk weighted assets | $229,508,590 | 1,238 |
| Total unused commitments | $37,471,000 | 1,225 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 160 | 1,294 |
| Assets and Liabilities | ||
| Total Assets: | $336,821,000 | 1,404 |
| Cash and due from depository institutions | $6,238,000 | 1,294 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $122,234,000 | 1,132 |
| Federal funds sold & reverse repurchase agreements | $8,450,000 | 1,635 |
| Net loans & leases | $187,072,000 | 1,479 |
| Loan loss allowance | $3,283,000 | 1,358 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $7,612,000 | 957 |
| Other real estate owned | $1,430,000 | 1,294 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $3,785,000 | 1,976 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $336,821,000 | 1,404 |
| Total liabilities | $308,363,000 | 1,405 |
| Total deposits | $301,279,000 | 1,317 |
| Interest-bearing deposits | $269,496,000 | 1,277 |
| Deposits held in domestic offices | $301,279,000 | 1,305 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $4,517,000 | 1,576 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,027 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $2,567,000 | 1,498 |
| Total equity capital | $28,458,000 | 1,438 |
| Total bank equity capital | $28,458,000 | 1,438 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $2,200,000 | 1,889 |
| Surplus | $23,023,000 | 725 |
| Undivided profits | $3,235,000 | 5,863 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $562,000 | 4,599 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $11,000 | 1,616 |
| Income earned, not collected on loans | $907,000 | 1,932 |
| Earning assets | $317,756,000 | 1,363 |
| Long-term assets (5+ years) | $25,993,000 | 2,147 |
| Average Assets, year-to-date | $344,847,200 | 1,345 |
| Average Assets, quarterly | $335,781,500 | 1,402 |
| Volatile liabilities | $10,295,000 | 3,999 |
| Insider loans | $7,998,000 | 521 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $1,594,000 | 881 |
| Unused loan commitments | $28,075,000 | 1,502 |
| Tier 1 (core) risk-based capital | $28,458,000 | 1,401 |
| Tier 2 risk-based capital | $2,625,790 | 1,237 |
| Total risk weighted assets | $209,405,790 | 1,337 |
| Total unused commitments | $28,075,000 | 1,528 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 156 | 1,385 |
| Assets and Liabilities | ||
| Total Assets: | $353,704,000 | 1,404 |
| Cash and due from depository institutions | $16,317,000 | 1,385 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $117,302,000 | 1,153 |
| Federal funds sold & reverse repurchase agreements | $22,800,000 | 758 |
| Net loans & leases | $182,711,000 | 1,544 |
| Loan loss allowance | $3,861,000 | 1,245 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $7,798,000 | 930 |
| Other real estate owned | $2,435,000 | 1,385 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $4,341,000 | 1,846 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $353,704,000 | 1,404 |
| Total liabilities | $327,064,000 | 1,393 |
| Total deposits | $312,571,000 | 1,335 |
| Interest-bearing deposits | $278,116,000 | 1,326 |
| Deposits held in domestic offices | $312,571,000 | 1,326 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $10,689,000 | 964 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $606,000 | 2,980 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $3,198,000 | 1,304 |
| Total equity capital | $26,640,000 | 1,462 |
| Total bank equity capital | $26,640,000 | 1,462 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $2,200,000 | 1,952 |
| Surplus | $23,002,000 | 699 |
| Undivided profits | $1,438,000 | 8,533 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,321,000 | 3,008 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $1,459,000 | 1,314 |
| Earning assets | $322,813,000 | 1,391 |
| Long-term assets (5+ years) | $33,817,000 | 1,669 |
| Average Assets, year-to-date | $351,200,400 | 1,375 |
| Average Assets, quarterly | $350,236,500 | 1,400 |
| Volatile liabilities | $18,043,000 | 2,565 |
| Insider loans | $1,581,000 | 459 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $460,000 | 914 |
| Unused loan commitments | $28,985,000 | 1,390 |
| Tier 1 (core) risk-based capital | $26,640,000 | 1,430 |
| Tier 2 risk-based capital | $2,586,280 | 1,277 |
| Total risk weighted assets | $205,627,380 | 1,410 |
| Total unused commitments | $28,985,000 | 1,405 |
| Derivatives | $0 | 651 |