Mercantile Bank, Financial Information

AboutMercantile Bank

 Address:
200 North 33rd Street
Quincy,IL
Adams County,Illinois
 Established:
Apr 1906
 Number of domestic offices:
5
Total assets$421M
Net income$-7M
Net income,quarterly$-1M
Total deposits$373M
Domestic deposits$373M
Equity capital$29M
ROA-1.32%
ROAQ,quarterly-1.37%
ROA,pretax-1.37%
ROAQ,quarterly,pretax-1.34%
ROE-19.83%
ROEQ,quarterly-19.7%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Mercantile Bank was founded in Quincy, Illinois in 1906. Today, Mercantile continues the tradition established a century ago of serving and supporting the financial needs of individuals, families, businesses and organizations in and around the communities it serves.

Mercantile Bank offers a full line of FDIC-insured deposit services including checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement accounts, as well as a complete line of lending services: consumer loans, credit cards, mortgage loans, home equity lines of credit, and commercial and agricultural loans and lines of credit. Additional services include asset management services: trusts, estate planning, and investment services.

Mercantile Bank is subsidiary of United Community Bancorp, Inc., along with United Community Bank, Marine Bank & Trust, and Brown County State Bank.

Mercantile Bank
200 North 33rd Street
PO Box 3455
Quincy, IL 62305-3455
Local: (217) 223-7300
Toll Free: (800) 405-6372
Fax: (217) 223-1980