Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Retained EarningsSecurities - TradableShareholder's EquityShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
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Income Statement
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Mercantile Bank (MBWM) Loans - Net: 2012-2024

Historic Loans - Net for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to $4.5 billion.

  • Mercantile Bank's Loans - Net rose 1.33% to $4.6 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $4.6 billion, marking a year-over-year increase of 1.33%. This contributed to the annual value of $4.5 billion for FY2024, which is 6.88% up from last year.
  • Latest data reveals that Mercantile Bank reported Loans - Net of $4.5 billion as of FY2024, which was up 6.88% from $4.3 billion recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Loans - Net ranged from a high of $4.5 billion in FY2024 and a low of $3.2 billion during FY2020.
  • Its 3-year average for Loans - Net is $4.2 billion, with a median of $4.3 billion in 2023.
  • Data for Mercantile Bank's Loans - Net shows a peak YoY grew of 13.35% (in 2022) over the last 5 years.
  • Yearly analysis of 5 years shows Mercantile Bank's Loans - Net stood at $3.2 billion in 2020, then grew by 8.32% to $3.4 billion in 2021, then grew by 13.35% to $3.9 billion in 2022, then increased by 9.79% to $4.3 billion in 2023, then grew by 6.88% to $4.5 billion in 2024.