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Sunday, November 29, 2009, 1:46AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Mercantile Bancorp Inc. (MBR)On Nov 27: 3.6001  Down 0.30 (7.69%)  
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Mercantile Bancorp Inc.
200 North 33rd Street
PO Box 3455
Quincy, IL 62306-3455
United States - Map
Phone: 217-223-7300
Fax: 217-223-8938
Web Site: http://www.mercbanx.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:459

BUSINESS SUMMARY 
Mercantile Bancorp, Inc., a multi-state bank holding company, offers consumer and commercial banking, and trust services to the commercial, industrial, and agricultural areas in the United States. The company’s deposit products include noninterest-bearing demand, interest-bearing demand, savings, negotiable order of withdrawal, checking, and time accounts, as well as transaction, money market, and time and brokered time deposits. It provides loans for commercial, financial, and agricultural purposes; consumer loans, including motor vehicle, watercraft, education, collateralized and non-collateralized personal, and deposit account collateralized loans; loans for real estate purposes, such as farmland, construction, and mortgages; commercial and residential real estate loans; and floor plan loans. The company offers asset management services, including trust, estate, and agency management; fiduciary services; retail brokerage services; agricultural business management services; and other customer services, such as safe deposit facilities. As of December 31, 2008, Mercantile Bancorp operated 28 banking facilities, including 26 full service offices, 1 stand-alone drive-up facility, and 1 loan production office serving 21 communities located throughout west-central Illinois, central Indiana, northern Missouri, eastern Kansas, and southwestern Florida. It also had six banks in its consolidated group; and minority interests in eight other banking organizations located in Missouri, Georgia, Tennessee, Florida, Colorado, and California. The company is headquartered in Quincy, Illinois.
Key Statistics

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    CORPORATE GOVERNANCE 
    Mercantile Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 95.3% of CGQ Universe companies and 87.9% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ted T. Awerkamp , 51
    Chief Exec. Officer, Pres, Exec. Director, Chairman of Mercantile Bank, Chief Exec. Officer of Mercantile Trust & Savings Bank of Mercantile Trust & Savings Bank
    $ 325.00KN/A
    Mr. Michael P. McGrath , 54
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Sec. and Treasurer
    $ 185.00KN/A
    Mr. Daniel J. Cook , 54
    Chief Investment Officer, Exec. VP and Pres of MII
    $ 185.00KN/A
    Mr. Dan S. Dugan , 68
    Advisory Director
    $ 0N/A
    Mr. Thomas L. Troute , 51
    Chief Exec. Officer of Golden State Bank, Pres of Golden State Bank of Golden State Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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