Financial Services » Banking | Mercantile Bank Corp.

Mercantile Bank Corp. | Balance Sheet

Fiscal year is January-December. All values USD Millions.
2013
2014
2015
2016
2017
2018
Net Property, Plant & Equipment
25
49
47
45
46
48
Total Assets
1,428
2,903
2,904
3,083
3,287
3,364
Provision for Risks & Charges
-
4
4
-
-
Other Liabilities
7
9
13
15
14
Total Liabilities
1,274
2,575
2,570
2,742
2,921
Common Equity (Total)
153
328
334
341
366
Total Shareholders' Equity
153
328
334
341
366
Total Equity
153
328
334
341
366
Liabilities & Shareholders' Equity
1,428
2,903
2,904
3,083
3,287
Investments - Total
273
576
402
469
492
364
Other Assets (Including Intangibles)
57
144
142
149
146
145
Total Debt
147
276
278
352
384
Total Cash & Due from Banks
17
44
43
50
55
65
Net Loans
1,030
2,069
2,262
2,361
2,539
2,731
Real Estate Other Than Bank Premises
3
-
-
1
-
1
Total Deposits
1,119
2,277
2,275
2,375
2,522
Deferred Tax Liabilities
18
4
-
-
-

About Mercantile Bank

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Address
310 Leonard Street NW
Grand Rapids Michigan 49504
United States
Employees -
Website http://www.mercbank.com
Updated 07/08/2019
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. It offers checking and savings accounts, credit and debit cards, mobile and Internet banking, business loans, mobile wallet, health savings account, and treasury management services. The company was founded on July 15, 1997 and is headquartered in Grand Rapids, MI.