Legal name: MERCANTILE BANK CORPORATION
1 active bank · $6.4B combined assets
RSSD ID: 2608763 (FFIEC NIC)
Combined Assets
$6.4B
CRA Rating Summary
Across all 9 exams on record for this banking group's charters, 100% resulted in Outstanding or Satisfactory.
At a Glance
Dominant CRA Rating
Satisfactory
1 of 1 bank · Meets expectations for community lending
Combined Assets
$6.4B
1 active bank
Aggregated from the most recent call report filings for all active charters.
Total Deposits
$5.0B
Net Income
$24M
ROA (avg)
1.51%
asset-weighted avg
Aggregated HMDA data across all active charters for 2024.
Applications
3,081
Origination Rate
69.3%
Denial Rate
12.53%
Each charter is examined independently for CRA compliance.
| Charter | Location | Regulator | Assets | Ownership | Current Rating | Exam Date |
|---|---|---|---|---|---|---|
| MERCANTILE BANK | GRAND RAPIDS, MI | FDIC | $6.4B | 100.0% | Satisfactory | Jul 2025 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per banking group. Asset figures are from the most recent FDIC call report.