Mercantile Bank (MBWM) Fed Funds Sold: 2011-2025
Historic Fed Funds Sold for Mercantile Bank (MBWM) over the last 11 years, with Sep 2025 value amounting to $21.5 million.
- Mercantile Bank's Fed Funds Sold changed negligibly% to $21.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $21.5 million, marking a year-over-year negligible change of negligibly%. This contributed to the annual value of $21.5 million for FY2024, which is negligibly% changed negligibly from last year.
- As of Q3 2025, Mercantile Bank's Fed Funds Sold stood at $21.5 million, which was down 0.00% from $21.5 million recorded in Q2 2025.
- Mercantile Bank's 5-year Fed Funds Sold high stood at $21.5 million for Q2 2023, and its period low was $17.7 million during Q1 2022.
- Its 3-year average for Fed Funds Sold is $21.2 million, with a median of $21.5 million in 2025.
- In the last 5 years, Mercantile Bank's Fed Funds Sold declined by 1.56% in 2022 and then climbed by 21.40% in 2023.
- Mercantile Bank's Fed Funds Sold (Quarterly) stood at $18.0 million in 2021, then fell by 1.56% to $17.7 million in 2022, then increased by 21.40% to $21.5 million in 2023, then remained steady at $21.5 million in 2024, then remained steady at $21.5 million in 2025.
- Its Fed Funds Sold stands at $21.5 million for Q3 2025, versus $21.5 million for Q2 2025 and $21.5 million for Q1 2025.