Mercantile Bank
Chartered Bank Active FDIC Insured
Health Score
10.0 / 10
310 Leonard St Nw, Grand Rapids, MI 49504
Financial Overview
Total Assets $6.36B
Total Deposits $5.04B
Profitability (ROA) 1.51%
Shareholder Return (ROE) 13.13%
Capital Cushion (Eq/Assets) 11.42%
Established 12/15/1997
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$122.9M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: www.mercbank.com
FDIC Certificate #: 34598
Specialization: Commercial Lending Specialization