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This institution is no longer active

Operations ceased on August 31, 2002. CRA examination history below reflects the period it was active.

MERCANTILE BANK

ST. PETERSBURG, FL · Supervised by FDIC

Est. 1986FDIC #32,473RSSD: FDIC-32473
Satisfactory

Current rating · Exam: March 1999

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Institution Profile

FDIC BankFind

Address

425 22nd Avenue North, ST. PETERSBURG, FL

County

Pinellas County

Established

May 1, 1986

Total Assets

$525M(latest call report)

Financial Snapshot

As of Q2 2002Call Report / FDIC

Total Assets

$525M

Total Deposits

$413M

Net Loans

$314M

Net Income

$3M

ROA

1.22%

ROE

15.98%

Risk-Based Capital

12.13%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

March 1, 1999

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

3 previous ratings locked — dating back to 1991

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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