Mercantile Bank

Bank

Mercantile Bank is a Grand Rapids, MI-based FDIC-insured commercial bank with $6.2B in total assets and $2.5B in commercial real estate loans, representing 39% of total assets.

BankType
MIHQ

Key Contacts

Mercantile Bank - Main Office

FDIC Financial Overview

$6.2B

Total Assets

$2.5B

CRE Loans

39.4%

CRE Concentration

$359M

Multifamily

$375M

Construction

$1.7B

Commercial RE

+0.1%

Asset Growth (YoY)

1.6101044095789034%

ROA

13.86%

ROE

CRE / Total Assets39.4%

Above 300% CRE concentration guidance threshold

Source: FDIC Quarterly Call Reports (20251231)

Lending Programs

Visit mercbank.com for current lending programs and rates.

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