Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. Raymond E. Reitsma | President, CEO & Director | 797.55k | -- | 1963 |
| Mr. Charles E. Christmas | Executive VP, CFO & Treasurer | 609.49k | -- | 1966 |
| Mr. Brett E. Hoover | Executive VP & Chief Human Resource Officer | 315.97k | -- | 1971 |
| Mr. Scott P. Setlock | Executive VP, COO & Secretary | -- | -- | 1982 |
| Sonali D. Allen | Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank | -- | -- | -- |
| Mr. Mark S. Augustyn | Executive VP & Chief Commercial Banking Officer of Mercantile Bank | -- | -- | -- |
| Mr. Jeff Kaiser | Senior VP & Head of Risk Management Department | -- | -- | -- |
| Mr. Douglas J. Holtrop | Executive VP & Senior Lending Officer of Mercantile Bank | -- | -- | -- |
| Tara M. Randall | Executive VP & Chief Experience Officer | -- | -- | -- |
| Mr. Justin M. Karl | Executive VP & Senior Lending Officer of Mercantile Bank | -- | -- | -- |
Mercantile Bank Corporation
- Sector:
- Financial Services
- Industry: Banks - Regional
- Full Time Employees:
- 653
Description
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it offers courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Corporate Governance
Upcoming Events
April 14, 2025 at 12:30 PM UTC - April 18, 2025 at 12:30 PM UTC
Mercantile Bank Corporation Earnings Date
Recent Events
December 6, 2024 at 12:00 AM UTC
Ex-Dividend Date