Mercantile Bank

Mercantile Bank Overview

Mercantile Bank, founded in October 12, 1912, is currently an active FDIC insured bank. The chartering agency for Mercantile Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Mercantile Bank has an FDIC insurance membership with the BIF – Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Mercantile Bank is assigned uner the Dallas Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on May 02, 1980.

Address Location and Maps for Mercantile Bank

Bank Name Mercantile Bank FDIC Bank Location for Mercantile Bank
Address Federal Highway 63 And 167
Hardy, AR 72542
County: Sharp
Bank’s State: Arkansas
Website: Unknown


Mercantile Bank Detailed Information

FDIC Certificate ID 23117
Bank Institution Name Mercantile Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 10554
Total Assets $28,806,000
Total Deposits $23,963,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured Yes, FDIC insured bank is a member of the Bank Insurance Fund
Bank Insurance Fund BIF – Bank Insurance Fund
Date of Deposit Insurance May 02, 1980
Change Code 223
Change Code Description Merger – FDIC Insured Bank Without Assistance
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region Dallas
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Sharp
Office of Thrift Supervision Region Western
Assigned Federal Reserve District Dallas
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Mercantile Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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