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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 (The Bank). The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. It also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Saginaw, Michigan, and Midland, Michigan. It makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. It also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Its insurance product offerings include private passenger automobiles, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella policies, small businesses, and life insurance products.

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
9/30/202412/31/2023YesYes---

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 67 1/1/2020 12/1/1997
President, Chief Executive Officer, Director Raymond E.Reitsma 61 6/1/2024 1/1/2017
Chief Financial Officer, Executive Vice President and Treasurer of Mercantile; Executive Vice Presi Charles E.Christmas 58 1/1/2016 1/1/1998
6 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
Mercantile Bank of Michigan 310 Leonard St NW Grand Rapids MI United States
6 additional Subsidiary records available in full report.

Business Names
Business Name
Firstbank Capital Trust I
Firstbank Capital Trust II
Firstbank Capital Trust III
8 additional Business Names available in full report.

General Information
Number of Employees: 653 (As of 9/30/2024)
Outstanding Shares: 16,141,929 (As of 10/31/2024)
Shareholders: 7,000
Stock Exchange: NASD
Federal Tax Id: 383360865
Fax Number: (616) 406-3737


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Wednesday, November 20, 2024