Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesIntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Property, Plant & Equipment (Net)Receivables - AccuredRetained EarningsSecurities - TradableShareholder's EquityShares OutstandingShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
Cash Flow Statement
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Income Statement
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Ratios

Mercantile Bank (MBWM) Fed Funds Sold (2016 - 2025)

Mercantile Bank (MBWM) has disclosed Fed Funds Sold for 10 consecutive years, with $21.5 million as the latest value for Q3 2025.

  • For Q3 2025, Fed Funds Sold changed 0.0% year-over-year to $21.5 million; the TTM value through Sep 2025 reached $21.5 million, changed 0.0%, while the annual FY2024 figure was $21.5 million, 0.0% changed from the prior year.
  • Fed Funds Sold hit $21.5 million in Q3 2025 for Mercantile Bank, roughly flat from $21.5 million in the prior quarter.
  • Across five years, Fed Funds Sold topped out at $21.5 million in Q2 2023 and bottomed at $17.7 million in Q1 2022.
  • Average Fed Funds Sold over 5 years is $19.8 million, with a median of $21.5 million recorded in 2023.
  • Year-over-year, Fed Funds Sold decreased 1.56% in 2022 and then rose 21.4% in 2023.
  • Mercantile Bank's Fed Funds Sold stood at $18.0 million in 2021, then decreased by 1.56% to $17.7 million in 2022, then grew by 21.4% to $21.5 million in 2023, then changed by 0.0% to $21.5 million in 2024, then changed by 0.0% to $21.5 million in 2025.
  • According to Business Quant data, Fed Funds Sold over the past three periods came in at $21.5 million, $21.5 million, and $21.5 million for Q3 2025, Q2 2025, and Q1 2025 respectively.