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 MERCANTILE BANK CORPORATION
MERCANTILE BANK CORPORATION
| RSSD ID 2608763 | CIK 1042729 |
| 310 LEONARD NORTHWEST |
Quarter Ended : |
2025-03-31 |
| GRAND RAPIDS, MI, 49504 |
Updated : |
2025-06-08 |
| WWW.MERCBANK.COM |
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| Institution Profile |
| Year Opened : |
1997 |
Institution Type : |
Holding Company |
| Reserve District : |
Chicago |
Federal Regulator : |
FED |
| Entity Type : |
Financial Holding Company - Domestic |
Fiscal Year End : |
12/31 |
| Structure : |
Corporation (stock) |
S-Corp : |
No |
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| SEC Submissions : |
 MERCANTILE BANK CORP |
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| Related Bank / Thrift |
Assets |
Asset Concentration |
 Mercantile Bank
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5,994,362 |
Commercial Lending Specialization |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total assets | 6,141,200 |
|
Total interest income | 80,338 |
| Total liabilities | 5,532,854 |
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Total noninterest income | 8,703 |
| Total holding company equity capital | 608,346 |
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Total interest expense | 31,768 |
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Total noninterest expense | 31,144 |
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| Capital Ratios |
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Loans and Leases
(USD, in thousands) |
| Leverage ratio | 10.7482 |
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Loans secured by real estate (Consolidated) | 3,384,680 |
| Tier1 capital ratio | 11.7832 |
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Commercial and industrial loans | 1,143,840 |
| Total capital ratio | 14.4446 |
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Total (Consolidated) | 4,651,740 |
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:· MERCANTILE BANK CORPORATION
