Mercantile Bank of Michigan

Mercantile Bank of Michigan
310 Leonard Street Nw
Grand Rapids, MI 49504

Status: Active
Concentration:Commercial Lending Specialization
Established:1997-12-15
FDIC Insurance:1997-12-15
FDIC Cert:#34598
Holden By:Mercantile Bank Corp
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:44, ranked #193
Website:www.mercbank.com
Total Assets:$4,418,422,000, ranked #284
Total Deposits:$3,424,299,000, ranked #292
Total Equity Capital:$458,830,000, ranked #283
Total Domestic Deposits:$3,424,299,000, ranked #292
Net Income:$49,594,000, ranked #248
Quarterly Net Income:$15,208,000, ranked #268
Return on Assets:1%, ranked #898
Quarterly Return on Assets:1%, ranked #953
Return on Equity:11%, ranked #1471
Quarterly Return on Equity:13%, ranked #1056

Financial Information (2020-12-31 and Older)