Overview / Commentary
200 North 33rd Street
Quincy, IL 62301

Mercantile Bank (IL) is headquartered in Quincy and is the 96th largest bank in the state of Illinois. It is also the 1,598th largest bank in the nation. It was established in 1906 and as of September of 2018, it had grown to 97 employees at 7 locations. Mercantile Bank (IL) has an A health rating.

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Health Grade Components

FDIC Certificate #11301
Year Established1906
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.8%
Return on Equity - YTD17.81%
Annual Interest Income$11.8MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$436.8MM$432.6MM
LoansQ3 2018vs Q3 2017$282.8MM$292.4MM
DepositsQ3 2018vs Q3 2017$344.0MM$346.7MM
Equity CapitalQ3 2018vs Q3 2017$44.7MM$43.0MM
Loan Loss AllowanceQ3 2018vs Q3 2017$3.1MM$3.4MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$627.00K$1.3MM
Real Estate OwnedQ3 2018vs Q3 2017$157.00K$71.00K
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Mercantile Bank (IL) CD Rates

2.16%$1k-60 Month CD
2.06%$1k-48 Month CD
2.06%$100-48 Month College Saver CD
1.96%$1k-36 Month CD
1.86%$1k-30 Month CD
1.76%$1k-24 Month CD
1.76%$100-24 Month College Saver CD
1.61%$1k-18 Month CD
0.85%$1k-12 Month CD
0.50%$1k-9 Month CD
0.30%$1k-182 Day CD
0.20%$1k-91 Day CD

Mercantile Bank (IL) Locations
Mercantile Bank200 North 33rd StreetQuincy, IL 62301
Maine Street Branch440 Maine StreetQuincy, IL 62301
Broadway Street Wal-Mart Branch5211 Broadway StreetQuincy, IL 62301
Quincy Branch101 N. 36th StreetQuincy, IL 62301
2001 Maine Street Branch2001 Maine StreetQuincy, IL 62301
Motor FacilityEighth and Jersey StreetsQuincy, IL 62301
Palmyra Savings Branch123 West LafayettePalmyra, MO 63461

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