Mercantile Bank Corp (MBWM)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2025 | 12-2024 | 12-2023 | 12-2022 | 12-2021 | |
| Assets | |||||
| Cash & Cash Equivalents | 54,755 | 56,991 | 70,408 | 61,894 | 59,405 |
| Securities And Investments | 1,102,230 | 730,352 | 617,092 | 602,936 | 592,743 |
| Interest Bearing Deposits | 418,569 | 336,019 | 60,125 | 34,878 | 915,755 |
| Loans Gross | 4,821,888 | 4,600,781 | 4,303,758 | 3,916,619 | 3,453,459 |
| Allowance For Loan Losses | -58,191 | -54,454 | -49,914 | -42,246 | -35,363 |
| PPE Net | 62,468 | 53,427 | 50,928 | 51,476 | 57,298 |
| Intangibles | 93,044 | 49,473 | 49,473 | 49,473 | 50,824 |
| Other assets | 340,456 | 279,572 | 251,354 | 197,589 | 163,628 |
| Total Assets | $6,835,219 | $6,052,161 | $5,353,224 | $4,872,619 | $5,257,749 |
| Liabilities | |||||
| Total deposits | 5,284,452 | 4,698,366 | 3,900,918 | 3,712,811 | 4,083,193 |
| Federal Funds Purchased | 262,291 | 121,521 | 229,734 | 194,340 | 197,463 |
| Long Term Debt | 140,672 | 139,644 | 138,615 | 137,586 | 121,890 |
| Other liabilities | 422,920 | 508,104 | 561,812 | 386,474 | 398,644 |
| Total Liabilities | $6,110,335 | $5,467,635 | $4,831,079 | $4,431,211 | $4,801,190 |
| Shareholders' Equity | |||||
| Shares Outstanding, K | 17,273 | 16,231 | 16,117 | 15,995 | 15,841 |
| Common Shares | 349,431 | 299,705 | 295,106 | 290,436 | 285,752 |
| Retained earnings | 399,448 | 334,646 | 277,526 | 216,313 | 174,536 |
| Other shareholders' equity | -23,995 | -49,825 | -50,487 | -65,341 | -3,729 |
| TOTAL | $724,884 | $584,526 | $522,145 | $441,408 | $456,559 |
| Total Liabilities And Equity | $6,835,219 | $6,052,161 | $5,353,224 | $4,872,619 | $5,257,749 |