Mercantile Bank (MBWM) Loans - Loss Allowance (2010 - 2026)

Mercantile Bank has reported Loans - Loss Allowance for 16 years, with the latest figure at $56.7 million in Q1 2026.

• For the quarter ending Q1 2026, Loans - Loss Allowance changed 0.12% year-over-year to $56.7 million; the trailing twelve-month figure through Mar 2026 stood at $56.7 million (changed 0.12% YoY), and the FY2025 full-year result was $58.2 million, up 6.86% from the prior year.
• Loans - Loss Allowance for Q1 2026 stood at $56.7 million, down from $58.2 million in the prior quarter.
• The five-year high for Loans - Loss Allowance was $59.1 million in Q3 2025, with the low at $35.2 million in Q1 2022.
• Historically, Loans - Loss Allowance has averaged $49.7 million across 5 years, with a median of $51.6 million in 2024.
• Annual changes were most pronounced in 2022 — Loans - Loss Allowance fell 9.15% — and 2023, when it gained 24.31%.
• Mercantile Bank's Loans - Loss Allowance stood at $42.2 million in 2022, then grew by 18.15% to $49.9 million in 2023, then gained by 9.1% to $54.5 million in 2024, then grew by 6.86% to $58.2 million in 2025, then slipped by 2.5% to $56.7 million in 2026.
• The last three Loans - Loss Allowance figures came in at $56.7 million (Q1 2026), $58.2 million (Q4 2025), and $59.1 million (Q3 2025), per Business Quant data.