Mercantile Bank of Michigan, Forest Hills

Name:Mercantile Bank of Michigan, Forest Hills
Full Service Brick and Mortar Office
Location:4737 Cascade Road Se
Grand Rapids, MI 49546

Kent County
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Branch Deposit:$101,770,000
FDIC Cert:#34598
Established:2019-10-28


The Bank

Name:Mercantile Bank of Michigan
Concentration:Commercial Lending Specialization
Established:1997-12-15
FDIC Insurance:1997-12-15
Holden By:Mercantile Bank Corp
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:44, view all, view on map
Website:www.mercbank.com
Total Assets:$4,418,422,000
Total Deposits:$3,424,299,000
Total Equity Capital:$458,830,000
Total Domestic Office Deposits:$3,424,299,000
Net Income:$49,594,000
Quarterly Net Income:$15,208,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:11%
Quarterly Return on Equity:13%
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