Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesIntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Property, Plant & Equipment (Net)Receivables - AccuredRetained EarningsSecurities - TradableShareholder's EquityShares OutstandingShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios

Mercantile Bank (MBWM) Loans - Loss Allowance (2016 - 2026)

Mercantile Bank (MBWM) has disclosed Loans - Loss Allowance for 11 consecutive years, with $56.7 million as the latest value for Q1 2026.

  • For Q1 2026, Loans - Loss Allowance changed 0.12% year-over-year to $56.7 million; the TTM value through Mar 2026 reached $56.7 million, changed 0.12%, while the annual FY2025 figure was $58.2 million, 6.86% up from the prior year.
  • Loans - Loss Allowance hit $56.7 million in Q1 2026 for Mercantile Bank, down from $58.2 million in the prior quarter.
  • Across five years, Loans - Loss Allowance topped out at $59.1 million in Q3 2025 and bottomed at $35.2 million in Q1 2022.
  • Average Loans - Loss Allowance over 5 years is $49.7 million, with a median of $51.6 million recorded in 2024.
  • Year-over-year, Loans - Loss Allowance dropped 9.15% in 2022 and then increased 24.31% in 2023.
  • Mercantile Bank's Loans - Loss Allowance stood at $42.2 million in 2022, then rose by 18.15% to $49.9 million in 2023, then rose by 9.1% to $54.5 million in 2024, then rose by 6.86% to $58.2 million in 2025, then decreased by 2.5% to $56.7 million in 2026.
  • According to Business Quant data, Loans - Loss Allowance over the past three periods came in at $56.7 million, $58.2 million, and $59.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.