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Mercantile Bancorp reports April net loss of $151,493 on zero revenue
By Kali Hays
New York. May 22 - Mercantile Bancorp, Inc. reported a net loss of $151,493 for April on zero revenue, according to its monthly operating report filed May 21 with the U.S. Bankruptcy Court for the District of Delaware.
Those numbers compare to a net loss of $99,434 on zero revenue for March.
The company also reported cash and cash equivalents of $3.04 million as of April 30, down from $3.19 million as of March 31.
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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