Mercantile Bank

Mercantile Bank
310 Leonard St Nw
Grand Rapids, MI 49504

Status: Active
Concentration:Commercial Lending Specialization
Established:12/15/1997
FDIC Insurance:12/15/1997
FDIC Cert:#34598
Holden By:MERCANTILE BANK CORP
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:43, ranked #183
Website:www.mercbank.com
Total Assets:$5,994,362,000, ranked #259
Total Deposits:$4,715,880,000, ranked #265
Total Equity Capital:$686,083,000, ranked #231
Total Domestic Deposits:$4,715,880,000, ranked #264
Net Income:$89,629,000, ranked #186
Quarterly Net Income:$21,382,000, ranked #198
Return on Assets:2%, ranked #172
Quarterly Return on Assets:1%, ranked #911
Return on Equity:14%, ranked #1006
Quarterly Return on Equity:12%, ranked #1484

Financial Information (2024-12-31 and Older)