Illinois-based holding company gets Amex listing

Northwestern Financial Review, Mar 15-Mar 31, 2005

Mercantile Bancorp Inc., a multi-bank holding company based in Quincy, Ill., effectively registered its common stock with the Securities and Exchange Commission and began trading on the American Stock Exchange February 28 under the ticker symbol MBR.

Mercantile's Dan Dugan said he was pleased to get the approval for the listing. "We believe that our current and future shareholders will benefit from the specialist system in place there and from the heightened profile the listing gives our stock," the company's chairman, president and CEO said. Dugan also said he expects the company to benefit from greater liquidity by trading on the Amex.

No additional shares of the company's common stock were issued in connection with the registration and listing.

Mercantile Bancorp has assets of $1.02 billion and deposits in excess of $858 million. The company operates six banks in Illinois, two banks in Missouri and one bank in Kansas. In addition, it has minority investments in four community banks in Missouri, Georgia and Florida.