Mercantile Bank (MBWM) Loans - Loss Allowance: 2011-2025
Historic Loans - Loss Allowance for Mercantile Bank (MBWM) over the last 11 years, with Sep 2025 value amounting to $59.1 million.
- Mercantile Bank's Loans - Loss Allowance rose 4.49% to $59.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $59.1 million, marking a year-over-year increase of 4.49%. This contributed to the annual value of $54.5 million for FY2024, which is 9.10% up from last year.
- According to the latest figures from Q3 2025, Mercantile Bank's Loans - Loss Allowance is $59.1 million, which was up 1.29% from $58.4 million recorded in Q2 2025.
- Over the past 5 years, Mercantile Bank's Loans - Loss Allowance peaked at $59.1 million during Q3 2025, and registered a low of $35.2 million during Q1 2022.
- Moreover, its 3-year median value for Loans - Loss Allowance was $54.5 million (2024), whereas its average is $52.5 million.
- As far as peak fluctuations go, Mercantile Bank's Loans - Loss Allowance skyrocketed by 55.85% in 2021, and later decreased by 9.15% in 2022.
- Over the past 5 years, Mercantile Bank's Loans - Loss Allowance (Quarterly) stood at $35.4 million in 2021, then increased by 19.46% to $42.2 million in 2022, then rose by 18.15% to $49.9 million in 2023, then grew by 9.10% to $54.5 million in 2024, then grew by 4.49% to $59.1 million in 2025.
- Its Loans - Loss Allowance stands at $59.1 million for Q3 2025, versus $58.4 million for Q2 2025 and $56.7 million for Q1 2025.