Call reports 2026
MERCANTILE BANK — 2026
What MERCANTILE BANK reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 6,356,397,000 | 6,240,347,000 |
| Total loans | 4,640,331,000 | 4,752,542,000 |
| Allowance for loan losses | 54,388,000 | 53,178,000 |
| Securities available for sale | 932,609,000 | 946,485,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 5,038,602,000 | 4,927,922,000 |
| Interest-bearing deposits | 3,826,825,000 | 3,637,758,000 |
| Noninterest-bearing deposits | 1,211,777,000 | 1,290,164,000 |
| Equity capital | 725,831,000 | 731,368,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 79,475,000 | 160,310,000 |
| Interest expense | 27,432,000 | 54,895,000 |
| Net interest income | 52,043,000 | 105,415,000 |
| Noninterest income | 11,009,000 | 21,821,000 |
| Noninterest expense | 35,427,000 | 69,804,000 |
| Provision for loan losses | -1,700,000 | -3,400,000 |
| Pretax income | 28,773,000 | 61,118,000 |
| Income tax | 4,949,000 | 10,549,000 |
| Net income | 23,824,000 | 50,569,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 721,943,000 | 729,188,000 |
| Total capital | 779,125,000 | 784,315,000 |
| Risk-weighted assets | 5,650,401,000 | 5,791,323,000 |