Mercantile Bancorp posts $71,841 net loss for February on zero revenue

By Kali Hays

New York, March 21 - Mercantile Bancorp, Inc. reported a net loss of $71,841 for February on zero revenue, according to its monthly operating report filed March 20 with the U.S. Bankruptcy Court for the District of Delaware.

Those figures compare to a net loss of $192,979, also on zero revenue, reported for January.

The company also reported cash and cash equivalents of $3.29 million, down from $3.35 million at the end of January.

Mercantile Bancorp, a Quincy, Ill., bank holding company, filed for bankruptcy on June 27, 2013. The Chapter 11 case number is 13-11634.

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