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:42, ranked #202
Website:www.mercbank.com
Total Assets:$4,737,391,000, ranked #279
Total Deposits:$3,676,294,000, ranked #289
Total Equity Capital:$476,777,000, ranked #282
Total Domestic Deposits:$3,676,294,000, ranked #289
Net Income:$34,926,000, ranked #264
Quarterly Net Income:$19,387,000, ranked #239
Return on Assets:2%, ranked #236
Quarterly Return on Assets:2%, ranked #255
Return on Equity:15%, ranked #1051
Quarterly Return on Equity:17%, ranked #732

Financial Information (2021-06-30 and Older)