Skip to content
FinObservatory

US bank holding companies / RSSD 2608763

MERCANTILE BK CORP

MERCANTILE BANK CORPORATION

89 FR Y-9C filings, Q1 1999 through Q1 2021 (report dates Mar 31, 1999 to Mar 31, 2021). Consolidated assets peak at $4.71B at Q1 2021. At its last filing the balance sheet is $4.71B of assets against $4.27B of liabilities and $441.2M of equity capital, which ranks 247 of 349 filers at Q1 2021 and is 0.02% of everything they consolidate. That is the last quarter of the panel, so this entity was still filing when the source ends.

$4.71B
consolidated assets
Q1 2021
9.37%
equity capital / assets
excludes minority interests
9.29%
Tier 1 / assets
Q1 2021
10.7x
assets / equity capital
book leverage

Consolidated balance sheet

Assets and liabilities as filed, every quarter this entity reported. Thousands of US dollars, nominal.

$0$2B$4B$6B20002002200420062008201020122014201620182020Q1 2006total assetstotal liabilities

Source: Federal Reserve, FR Y-9C Consolidated Financial Statements for Holding Companies TOTAL_ASSETS_THOUSANDS_USD and TOTAL_LIABILITIES_THOUSANDS_USD for RSSD 2608763. Where the rule is drawn, it marks Q1 2006. Methodology

Capital ratios

Equity capital over assets, and Tier 1 over assets. Tier 1 is reported in 89 of this entity’s 89 filings; quarters where it is not reported are left out of the line rather than plotted as zero.

6%8%10%12%14%20002002200420062008201020122014201620182020equity capital / assetsTier 1 / assets

Source: Federal Reserve, FR Y-9C Consolidated Financial Statements for Holding Companies Both ratios use reported values only; a null Tier 1 means the form did not collect it, not that capital was zero. Methodology

Every filing

QuarterAssetsLiabilitiesEquity capitalTier 1Assets / equity
Q1 1999$261.7M$234.7M$27.0M$27.0M9.7x
Q2 1999$291.9M$264.9M$27.1M$27.5M10.8x
Q3 1999$331.0M$303.4M$27.5M$31.1M12.0x
Q4 1999$368.0M$340.1M$28.0M$38.4M13.2x
Q1 2000$409.7M$381.4M$28.4M$39.0M14.4x
Q2 2000$440.3M$411.1M$29.2M$39.9M15.1x
Q3 2000$476.0M$445.8M$30.3M$40.9M15.7x
Q4 2000$512.7M$480.9M$31.9M$42.1M16.1x
Q1 2001$560.4M$504.6M$39.8M$52.4M14.1x
Q2 2001$617.9M$561.4M$40.4M$53.3M15.3x
Q3 2001$646.6M$563.2M$67.4M$82.5M9.6x
Q4 2001$698.7M$611.2M$71.5M$87.1M9.8x
Q1 2002$728.1M$639.3M$72.8M$88.7M10.0x
Q2 2002$782.0M$691.0M$75.0M$90.3M10.4x
Q3 2002$870.4M$776.8M$77.6M$92.5M11.2x
Q4 2002$921.9M$826.0M$79.8M$94.8M11.5x
Q1 2003$967.8M$870.3M$81.5M$96.6M11.9x
Q2 2003$1.03B$935.3M$83.5M$98.8M12.4x
Q3 2003$1.15B$1.02B$122.2M$138.1M9.4x
Q4 2003$1.20B$1.06B$130.2M$146.0M9.2x
Q1 2004$1.29B$1.14B$133.1M$132.5M9.7x
Q2 2004$1.38B$1.23B$134.3M$151.1M10.3x
Q3 2004$1.47B$1.34B$137.9M$137.6M10.7x
Q4 2004$1.54B$1.39B$141.6M$173.5M10.8x
Q1 2005$1.66B$1.52B$144.5M$177.2M11.5x
Q2 2005$1.71B$1.56B$149.2M$181.2M11.5x
Q3 2005$1.80B$1.64B$152.3M$184.7M11.8x
Q4 2005$1.84B$1.68B$155.1M$188.5M11.8x
Q1 2006$1.90B$1.74B$158.9M$192.6M11.9x
Q2 2006$1.97B$1.81B$161.7M$196.9M12.2x
Q3 2006$2.03B$1.86B$167.5M$201.2M12.1x
Q4 2006$2.07B$1.89B$171.9M$205.0M12.0x
Q1 2007$2.09B$1.91B$175.5M$208.3M11.9x
Q2 2007$2.10B$1.93B$174.5M$209.5M12.1x
Q3 2007$2.11B$1.93B$177.7M$210.8M11.9x
Q4 2007$2.12B$1.94B$178.2M$209.9M11.9x
Q1 2008$2.12B$1.94B$174.3M$205.1M12.1x
Q2 2008$2.16B$2.00B$167.7M$201.9M12.9x
Q3 2008$2.21B$2.04B$171.3M$202.8M12.9x
Q4 2008$2.21B$2.03B$174.4M$203.1M12.7x
Q1 2009$2.24B$2.07B$169.3M$190.6M13.2x
Q2 2009$2.07B$1.89B$181.7M$201.9M11.4x
Q3 2009$2.02B$1.84B$177.3M$197.1M11.4x
Q4 2009$1.91B$1.77B$140.1M$171.2M13.6x
Q1 2010$1.90B$1.76B$138.2M$168.4M13.8x
Q2 2010$1.80B$1.67B$139.0M$167.9M13.0x
Q3 2010$1.81B$1.68B$134.7M$162.4M13.5x
Q4 2010$1.63B$1.51B$125.9M$157.1M13.0x
Q1 2011$1.58B$1.45B$126.8M$158.3M12.4x
Q2 2011$1.54B$1.41B$130.9M$160.8M11.7x
Q3 2011$1.48B$1.34B$136.7M$163.6M10.8x
Q4 2011$1.43B$1.27B$165.0M$170.5M8.7x
Q1 2012$1.40B$1.23B$167.1M$175.9M8.4x
Q2 2012$1.39B$1.24B$149.7M$158.4M9.3x
Q3 2012$1.39B$1.24B$144.6M$156.1M9.6x
Q4 2012$1.42B$1.28B$146.6M$159.2M9.7x
Q1 2013$1.39B$1.24B$149.7M$164.9M9.3x
Q2 2013$1.34B$1.19B$150.9M$168.9M8.9x
Q3 2013$1.42B$1.27B$149.8M$171.3M9.5x
Q4 2013$1.43B$1.27B$153.3M$178.6M9.3x
Q1 2014$1.41B$1.26B$157.7M$183.2M9.0x
Q2 2014$2.88B$2.56B$316.1M$305.1M9.1x
Q3 2014$2.86B$2.54B$321.0M$307.5M8.9x
Q4 2014$2.89B$2.57B$328.1M$314.9M8.8x
Q1 2015$2.88B$2.54B$332.8M$326.7M8.6x
Q2 2015$2.88B$2.55B$329.0M$327.1M8.7x
Q3 2015$2.88B$2.55B$328.8M$326.1M8.8x
Q4 2015$2.90B$2.57B$333.8M$331.1M8.7x
Q1 2016$2.93B$2.59B$338.6M$324.3M8.6x
Q2 2016$3.00B$2.66B$344.6M$330.7M8.7x
Q3 2016$3.06B$2.71B$349.5M$337.1M8.8x
Q4 2016$3.08B$2.74B$340.8M$336.3M9.0x
Q1 2017$3.02B$2.67B$348.1M$341.7M8.7x
Q2 2017$3.14B$2.79B$357.5M$347.8M8.8x
Q3 2017$3.25B$2.89B$362.5M$354.3M9.0x
Q4 2017$3.29B$2.92B$365.9M$359.9M9.0x
Q1 2018$3.29B$2.93B$368.3M$324.0M8.9x
Q2 2018$3.29B$2.91B$374.9M$375.2M8.8x
Q3 2018$3.30B$2.92B$379.5M$382.8M8.7x
Q4 2018$3.36B$2.99B$375.2M$373.7M9.0x
Q1 2019$3.55B$3.17B$383.7M$379.3M9.3x
Q2 2019$3.58B$3.18B$400.1M$388.8M8.9x
Q3 2019$3.71B$3.30B$407.2M$395.0M9.1x
Q4 2019$3.63B$3.22B$416.6M$405.1M8.7x
Q1 2020$3.66B$3.24B$418.4M$406.4M8.7x
Q2 2020$4.31B$3.89B$425.2M$412.5M10.1x
Q3 2020$4.42B$3.99B$431.9M$420.2M10.2x
Q4 2020$4.44B$4.00B$441.6M$430.1M10.0x
Q1 2021$4.71B$4.27B$441.2M$437.6M10.7x

Source: Federal Reserve, FR Y-9C Consolidated Financial Statements for Holding Companies All 89 filings for RSSD 2608763, as reported. Assets / equity is n/a where equity capital is not positive. Methodology

This page cannot show the bank inside this holding company; see methodology. For FDIC-insured banks on their own terms, use /banks.