Mercantile Bank Corporation
MBWMNASDAQFinancialsBanks - Regional

About Mercantile Bank

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Company Information

CEORaymond Reitsma
Founded1997
IPO DateAugust 7, 1997
Employees682
CountryUnited States
Fiscal YearJanuary - December

Stock Details

ExchangeNASDAQ (NASDAQ)
CurrencyUSD - USD
TypeStock
SubtypeCommon Stock

Contact Information

Phone616 406 3000
Address
310 Leonard Street NW Grand Rapids, Michigan 49504 United States

Corporate Identifiers

CIK0001042729
CUSIP587376104
ISINUS5873761044
EIN38-3360865
SIC6022

Leadership Team & Key Executives

Raymond E. Reitsma
President, Chief Executive Officer and Director
Charles E. Christmas
Executive Vice President, Chief Financial Officer and Treasurer
Scott P. Setlock
Executive Vice President, Chief Operating Officer and Secretary
Brett E. Hoover
Executive Vice President and Chief Human Resource Officer
Mark S. Augustyn
Executive Vice President and Chief Commercial Banking Officer of the Bank
Sonali D. Allen
Senior Vice President and Chief Compliance and Community Development Officer of Mercantile Bank
Jeff Kaiser
Senior Vice President and Head of Risk Management Department
Douglas J. Holtrop
Executive Vice President and Senior Lending Officer of Mercantile Bank
Tara M. Randall
Executive Vice President and Chief Experience Officer
Justin M. Karl
Executive Vice President and Senior Lending Officer of Mercantile Bank