Mercantile Bank of Michigan, Ithaca Branch

Name:Mercantile Bank of Michigan, Ithaca Branch
Full Service Brick and Mortar Office
Location:219 East Center Street
Ithaca, MI 48847

Gratiot County
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Phone:989-875-4107
Branch Deposit:$47,238,000
FDIC Cert:#34598
Established:1995-03-27


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:42, view all, view on map
Website:www.mercbank.com
Total Assets:$4,737,391,000
Total Deposits:$3,676,294,000
Total Equity Capital:$476,777,000
Total Domestic Office Deposits:$3,676,294,000
Net Income:$34,926,000
Quarterly Net Income:$19,387,000
Return on Assets:2%
Quarterly Return on Assets:2%
Return on Equity:15%
Quarterly Return on Equity:17%
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