[3] At the time of its acquisition by Firstar, Mercantile was a $36 billion multi-bank holding company headquartered in St. Louis operating 500 locations in Missouri, Iowa, Kansas, Illinois, Arkansas and Kentucky.
[7] In November 1991, Mercantile announced the pending acquisition of the St. Joseph-based Ameribanc with its American Bank subsidiaries for $87 million in stock.
[13] In September 1994, Mercantile announced the pending acquisition of the Kansas City-based Central Mortgage Bancshares Inc. for $97 million in stock.
In its first expansion move outside of Missouri, Mercantile announced in August 1986 the pending acquisition of the Alton-based First Bancshares Corp. of Illinois for an undisclosed in stock.
[27] In August 1991, Mercantile announced the pending acquisition of the Centralia-based Old National Bancshares with its 2 banks for $22 million in stock and cash.
[29] In July 1995, Mercantile announced the pending acquisition of the Sterling-based First Sterling Bancorp with its First National Bank of Sterling-Rock Falls subsidiary for $24 million.
[31] In March 1996, Mercantile announced the pending acquisition of the Freeport-based Today's Bancorp with its two banks and 12 offices for $87.2 million in cash and stock.
[32] In August 1996, Mercantile announced the pending acquisition of the Alton-based Regional Bancshares Inc. with its Bank of Alton subsidiary for $41 million.
[33] In July 1993, Mercantile announced the pending acquisition of the Waterloo-based Metro Bancorporation with its subsidiary Waterloo Savings Bank for $55 million in stock.
[46] In December 1994, Mercantile announced plans to acquire the Davenport-based Plains Spirit Financial Corporation with its First Federal Savings Bank of Iowa subsidiary for an undisclosed amount.
[47] In August 1995, Mercantile announced plans to acquire the Des Moines-based Hawkeye Bancorp with its 65 bank offices for $351 million in stock.
[54] In January 1998, Mercantile announced plans to acquire the Paducah-based CBT Corporation, the holding company for four banks, for $285 million in stock.