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Mercantile Bank Corp
310 Leonard St NW
Phone: (616) 406-3000p:616 406-3000 GRAND RAPIDS, MI  49504  United States Ticker: MBWMMBWM
Business Summary
Mercantile Bank Corporation is the bank holding company for Mercantile Bank and Eastern Michigan Bank. Mercantile Bank and Eastern Michigan Bank provide financial products and services in a professional and personalized manner designed to make banking easier for businesses, individuals, and governmental units. Eastern Michigan Bank operates over 12 branches across three counties, offering a full range of personal and business banking services. Eastern Michigan Bank’s personal services include personal checking, personal savings, youth and young adults, CDs and IRAs, online and mobile banking, 24-hour telephone banking, debit cards, personal credit cards, additional services, and Zelle. Eastern Michigan Bank’s loans include vehicle and personal loans, home equity loans and lines, student loans (opens in a new window), business loans, and agricultural loans. Eastern Michigan Bank’s business services include business checking, business savings, business credit cards, and others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202512/31/2024YesYes---

Industries
SIC Code Description
6022 State commercial banks
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board of the Mercantile and Bank Michael H.Price 68 1/1/2020 12/1/1997
President, Chief Executive Officer, Director Raymond E.Reitsma 62 6/1/2024 1/1/2017
Chief Financial Officer, Executive Vice President and Treasurer of Mercantile; Executive Vice Presi Charles E.Christmas 59 1/1/2016 1/1/1998
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Firstbank Corporation 308 Woodworth Ave. Alma MI United States
Firstbank - Alma 311 WOODWORTH AVENUE ALMA MI United States
Eastern Michigan Bank 65 N Howard Ave Croswell MI United States
8 additional Subsidiary records available in full report.

Business Names
Business Name
Eastern Michigan Bank
Eastern Michigan Financial Corporation
Firstbank Capital Trust I
10 additional Business Names available in full report.

General Information
Number of Employees: 770 (As of 12/31/2025)
Outstanding Shares: 17,181,110 (As of 12/31/2025)
Shareholders: 7,000
Stock Exchange: NASD
Federal Tax Id: 383360865
Fax Number: (616) 406-3737


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Thursday, January 29, 2026