🏦Bank Scorer

This institution is no longer active

Operations ceased on June 14, 1996. CRA examination history below reflects the period it was active.

MERCANTILE BANK OF THE MINERAL AREA

FARMINGTON, MO · Supervised by FDIC

Est. 1934FDIC #13,694RSSD: FDIC-13694
Part ofU.S. Bancorp→ View all charters
Outstanding Up

Current rating · Exam: December 1994

At a Glance

Community Lending (CRA)

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Financial Health

Strong

ROA 1.77%

Is this bank safe?

MERCANTILE BANK OF THE MINERAL AREA earned an Outstanding CRA rating (1994), is financially strong (ROA +1.77%). Overall, this bank appears financially sound.

Institution Profile

FDIC BankFind

Address

2 North Washington, FARMINGTON, MO

County

St. Francois County

Established

January 12, 1934

Total Assets

$169M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Outstanding

Exceeds federal requirements for lending in low- and moderate-income communities

Exam Date

December 1, 1994

Exam Type

Not Reported

Regulator

FDIC
⚠️This exam is 31 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 1996Call Report / FDIC

Total Assets

$169M

Total Deposits

$151M

Net Loans

$134M

Net Income

$745K

ROA

1.77%

Above avg for Small banks. Peer avg: 0.44%

ROE

22.01%

Risk-Based Capital

12.81%

Below avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA1.77%Peer avg: 0.44%▲ Above avg
Risk-Based Capital12.81%Peer avg: 23.03%▼ Below avg

Unlock peer list → See which specific banks are in this peer group.

Rating History

CRA / FFIEC
Exam DateRatingExam Type
Dec 1994OutstandingNot Reported
Oct 1992SatisfactoryNot Reported

Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

Embed this rating

Copy this snippet to embed a live rating badge on your website:

<iframe
  src="https://bankscorer.com/widget/bank/mercantile-bank-of-the-mineral-area"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: