Mercantile Bank: Balance Sheet
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Data as of · Call Report Schedule RC How we update
Mercantile Bank reported all 25 line items on this page on its Q3 2026 filing. Total assets was $6.53B in Q3 2026, up 4.7% from $6.23B in Q3 2025. Across the 12 quarters shown it ranged from $5.31B (Q4 2023) to $6.53B (Q3 2026).
What the balance sheet page covers and where each line comes from.
Open the common-size balance sheet: every balance sheet line as a share of total assets, how the mix moved since a year earlier, and peers measured the same way.
All other liabilities climbed 86.1% in Q3 2026, from $58.3M to $108.4M. It was the largest change from Q2 2026 among the key lines here. On total assets, Mercantile Bank ranks 3rd highest among the 72 banks headquartered in Michigan, at $6.53B (Q3 2026). Mercantile Bank's total assets of $6.53B is well above the $2.01B median for banks in the $1B-10B asset tier, a gap of 226% (Q3 2026).
Assets
| Line item | Q3 2026 |
|---|---|
| Total assets | $6.53B |
| Cash and balances due from depository institutions | $522.9M |
| Total securities | $933.7M |
| Fed funds sold and reverse repos | $3.3M |
| Net loans and leases | $4.73B |
| Loans held for sale | $22.4M |
| Trading account assets | $0 |
| Premises and fixed assets | $53.4M |
| Other real estate owned | $82K |
| Goodwill and other intangibles | $46.4M |
| All other assets | $239.0M |
Source: Call Report Schedule RC; Total assets: Call Report Schedule RC, item 12 (RCON2170). Open the filed call report for Q3 2026 on the FFIEC CDR.
Liabilities
| Line item | Q3 2026 |
|---|---|
| Total liabilities | $5.82B |
| Total deposits | $5.21B |
| Fed funds purchased and repos | $197.5M |
| Trading liabilities | $0 |
| Other borrowed money | $305.3M |
| Subordinated notes and debentures | $0 |
| All other liabilities | $108.4M |
Source: Call Report Schedule RC; Total deposits: Call Report Schedule RC, item 13.a (RCON2200). Open the filed call report for Q3 2026 on the FFIEC CDR.
Equity capital
| Line item | Q3 2026 |
|---|---|
| Total equity capital | $711.6M |
| Common stock | $1.3M |
| Common stock surplus | $404.3M |
| Retained earnings | $361.7M |
| Preferred stock and surplus | $0 |
| Accumulated other comprehensive income | -$55.8M |
| Total liabilities and equity capital | $6.53B |
Source: Call Report Schedule RC; Total equity capital: Call Report Schedule RC, item 27.a (RCON3210). Open the filed call report for Q3 2026 on the FFIEC CDR.
Balance Sheet by quarter
| Quarter | Total assets | Total liabilities | Net loans and leases | Securities | Cash and balances due |
|---|---|---|---|---|---|
| Q4 2023 | $5.31B | $4.69B | $4.27B | $618.6M | $130.5M |
| Q1 2024 | $5.42B | $4.78B | $4.28B | $610.6M | $237.2M |
| Q2 2024 | $5.55B | $4.89B | $4.40B | $649.4M | $197.6M |
| Q3 2024 | $5.86B | $5.18B | $4.53B | $704.9M | $328.5M |
| Q4 2024 | $5.99B | $5.31B | $4.56B | $730.4M | $393.0M |
| Q1 2025 | $6.07B | $5.38B | $4.60B | $787.6M | $385.5M |
| Q2 2025 | $6.11B | $5.39B | $4.67B | $826.4M | $293.9M |
| Q3 2025 | $6.23B | $5.50B | $4.57B | $855.1M | $477.0M |
| Q4 2025 | $6.24B | $5.52B | $4.58B | $903.9M | $426.1M |
| Q1 2026 | $6.36B | $5.63B | $4.59B | $932.6M | $525.3M |
| Q2 2026 | $6.24B | $5.51B | $4.70B | $946.5M | $285.0M |
| Q3 2026 | $6.53B | $5.82B | $4.73B | $933.7M | $522.9M |
Mercantile Bank balance sheet, quarter by quarter
Balance Sheet since Q3 2021 · peer percentiles on every line item · watchlist alerts
Unlock this bank, freeSource: Call Report Schedule RC, Q3 2026. How these pages are built. See the full Mercantile Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 34598) · FFIEC NIC profile (RSSD 2608754)