Vitals
  • Total Assets
    452.2M 5.5 %
  • Total Deposits
    350.9M 6.8 %
  • Total Net Loans
    299.2M -8.7 %
  • Net Income
    5.5M -34.5 %
  • Book Value
    43.5M -6.9 %
  • Book Value x2
    86.9M -6.9 %
  • Book Value x3
    130.4M -6.9 %
ROAA

1.246

ROAE

12.01

Efficiency Ratio

62.356

Net Interest Margin

3.461

Balance Sheet Highlights
Financial Highlights Mercantile Bank All Insured Commercial Banks in Illinois
Balance Sheet $(000)
Total Assets 452,173 290,894
Total Net Loans 299,200 191,278
Total Deposits 350,856 246,407
Total Equity 43,473 31,125
Profitability
Net Income 5,492 2,670
Return on Average Assets 1.246 .919
Return on Average Equity 12.01 8.247
Net Interest Margin 3.461 3.499
Efficiency Ratio 62.356 67.9
Noninterest Income/Revenue 23.256 16.598
Balance Sheet Ratios
Loan-to-Deposit 85.277 72.669
Securities/Assets .176 .191
Total Equity/Total Assets .096 .107
Tangible Equity/Tangible Assets .084 .103
Capital Adequacy
Tier 1 Common Capital 40,154 29,670
Tier 1 Capital 40,154 29,720
Tier 2 Capital 3,483 2,112
Total Capital 43,637 31,905
Total Risk Weighted Assets 334,461 212,461
Leverage Ratio 9.07 10.62
Common Equity Tier 1 Capital Ratio 12.01 16.313
Tier 1 Capital Ratio 12.01 16.329
Total Capital Ratio 13.05 17.341

Timeline for Mercantile Bank

Mercantile Investments Inc

Acquisition: Mercantile Bank acquired a new subsidiary, Mercantile Investments Inc , 9 years

View Profile Dec 13 2014

United Community Bancorp, Inc.

United Community Bancorp, Inc. became a new parent organization for Mercantile Bank.

View Profile Dec 14 2013

Farmers State Bank Of Northern Missouri

Acquisition: Mercantile Bank acquired a new subsidiary, Farmers State Bank Of Northern Missouri, 16 years

View Profile Apr 19 2008

Mercantile Investments Inc

Mercantile Investments Inc became a new subsidiary organization for Mercantile Bank.

View Profile Jan 13 2003

Mercantile Bancorp, Inc.

Mercantile Bancorp, Inc. became a new parent organization for Mercantile Bank.

View Profile Dec 30 1983

Want to see more?

Complete timeline for Mercantile Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Mercantile Investments Inc Seller Pooling of Interests Discontinued 12/13/2014
Farmers State Bank Of Northern Missouri Seller 98,837 Pooling of Interests Discontinued 4/19/2008
Relationships Role Relationship Start Relationship End
United Community Bancorp, Inc. Parent 12/14/2013
Mercantile Bancorp, Inc. Parent 12/30/1983 12/13/2013
Mercantile Investments Inc Subsidary 6/30/2007 12/12/2014
Mercantile Investments Inc Subsidary 1/13/2003 6/29/2007
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