Mercantile Bank (MBWM) Fed Funds Sold (2010 - 2025)

Mercantile Bank has reported Fed Funds Sold for 16 years, with the latest figure at $21.5 million in Q3 2025.

• For the quarter ending Q3 2025, Fed Funds Sold changed 0.0% year-over-year to $21.5 million; the trailing twelve-month figure through Sep 2025 stood at $21.5 million (changed 0.0% YoY), and the FY2024 full-year result was $21.5 million, changed 0.0% from the prior year.
• Fed Funds Sold for Q3 2025 stood at $21.5 million, roughly flat from $21.5 million in the prior quarter.
• The five-year high for Fed Funds Sold was $21.5 million in Q2 2023, with the low at $17.7 million in Q1 2022.
• Historically, Fed Funds Sold has averaged $19.8 million across 5 years, with a median of $21.5 million in 2023.
• Annual changes were most pronounced in 2022 — Fed Funds Sold dropped 1.56% — and 2023, when it increased 21.4%.
• Mercantile Bank's Fed Funds Sold stood at $18.0 million in 2021, then slipped by 1.56% to $17.7 million in 2022, then increased 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.
• The last three Fed Funds Sold figures came in at $21.5 million (Q3 2025), $21.5 million (Q2 2025), and $21.5 million (Q1 2025), per Business Quant data.