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Mercantile Bank, Changes in Bank Equity Capital
| 1998-12-31 | Rank | |
| Amended balance at previous year-end | $82,462,000 | 508 |
| Restatements from amended reports of income, net | $0 | 175 |
| Net income | $7,955,000 | 713 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 426 |
| Cash dividends declared on preferred stock | $0 | 140 |
| Cash dividends declared on common stock | $0 | 7,433 |
| Other comprehensive income | $1,661,000 | 130 |
| Other transactions with parent holding company | $0 | 715 |
| Bank equity capital | $92,078,000 | 530 |
| 1997-12-31 | Rank | |
| Amended balance at previous year-end | $72,376,000 | 562 |
| Restatements from amended reports of income, net | $0 | 377 |
| Net income | $7,801,000 | 727 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 439 |
| Cash dividends declared on preferred stock | $0 | 167 |
| Cash dividends declared on common stock | $0 | 7,816 |
| Other comprehensive income | $2,285,000 | 184 |
| Other transactions with parent holding company | $0 | 654 |
| Bank equity capital | $82,462,000 | 581 |
| 1996-12-31 | Rank | |
| Amended balance at previous year-end | $69,066,000 | 635 |
| Restatements from amended reports of income, net | $0 | 197 |
| Net income | $8,071,000 | 695 |
| Sale, conversion, retirement of capital stock, net | $97,000 | 667 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 441 |
| Cash dividends declared on preferred stock | $0 | 191 |
| Cash dividends declared on common stock | $2,740,000 | 1,017 |
| Other comprehensive income | $-2,118,000 | 9,959 |
| Other transactions with parent holding company | $0 | 528 |
| Bank equity capital | $72,376,000 | 674 |
| 1995-12-31 | Rank | |
| Amended balance at previous year-end | $50,052,000 | 822 |
| Restatements from amended reports of income, net | $0 | 212 |
| Net income | $8,280,000 | 701 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 459 |
| Cash dividends declared on preferred stock | $0 | 191 |
| Cash dividends declared on common stock | $0 | 8,644 |
| Other comprehensive income | $10,734,000 | 170 |
| Other transactions with parent holding company | $0 | 524 |
| Bank equity capital | $69,066,000 | 724 |
| 1994-12-31 | Rank | |
| Amended balance at previous year-end | $51,408,000 | 777 |
| Restatements from amended reports of income, net | $0 | 244 |
| Net income | $9,212,000 | 609 |
| Sale, conversion, retirement of capital stock, net | $18,000 | 1,032 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 449 |
| Cash dividends declared on preferred stock | $0 | 211 |
| Cash dividends declared on common stock | $0 | 8,856 |
| Other comprehensive income | $-10,586,000 | 10,920 |
| Other transactions with parent holding company | $0 | 545 |
| Bank equity capital | $50,052,000 | 878 |
| 1993-12-31 | Rank | |
| Amended balance at previous year-end | $35,086,000 | 1,022 |
| Restatements from amended reports of income, net | $0 | 249 |
| Net income | $8,694,000 | 623 |
| Sale, conversion, retirement of capital stock, net | $7,732,000 | 144 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 420 |
| Cash dividends declared on preferred stock | $0 | 217 |
| Cash dividends declared on common stock | $0 | 9,002 |
| Other comprehensive income | $-104,000 | 11,497 |
| Other transactions with parent holding company | $0 | 566 |
| Bank equity capital | $51,408,000 | 831 |
| 1992-12-31 | Rank | |
| Amended balance at previous year-end | $22,951,000 | 1,492 |
| Restatements from amended reports of income, net | $0 | 350 |
| Net income | $12,135,000 | 420 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 366 |
| Cash dividends declared on preferred stock | $0 | 200 |
| Cash dividends declared on common stock | $0 | 8,837 |
| Other comprehensive income | $0 | 551 |
| Other transactions with parent holding company | $0 | 777 |
| Bank equity capital | $35,086,000 | 1,112 |