Mercantile Bank (MBWM) Fed Funds Sold: 2012-2024

Historic Fed Funds Sold for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 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.
  • Latest data reveals that Mercantile Bank reported Fed Funds Sold of $21.5 million as of FY2024, which was down 0.00% from $21.5 million recorded in FY2023.
  • Mercantile Bank's Fed Funds Sold's 5-year high stood at $21.5 million during FY2023, with a 5-year trough of $17.7 million in FY2022.
  • For the 3-year period, Mercantile Bank's Fed Funds Sold averaged around $20.2 million, with its median value being $21.5 million (2024).
  • In the last 5 years, Mercantile Bank's Fed Funds Sold decreased by 1.56% in 2022 and then rose by 21.40% in 2023.
  • Mercantile Bank's Fed Funds Sold (Yearly) stood at $18.0 million in 2020, then remained steady at $18.0 million in 2021, then declined by 1.56% to $17.7 million in 2022, then grew by 21.40% to $21.5 million in 2023, then remained steady at $21.5 million in 2024.