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MERCANTILE BANK CORP

For the period ended Mar 31, 2025. Filed May 2, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 2, 2025

MBWM$61.63+1.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Table of Contents

INDEX

PART I.Financial InformationPage No.
Item 1. Financial Statements
Consolidated Balance Sheets (Unaudited) – March 31, 2025 and December 31, 20241
Consolidated Statements of Income (Unaudited) - Three Months Ended March 31, 2025 and March 31, 20242
Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - Three Months Ended March 31, 2025 and March 31, 20243
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) – Three Months Ended March 31, 2025 and March 31, 20244
Consolidated Statements of Cash Flows (Unaudited) – Three Months Ended March 31, 2025 and March 31, 20246
Notes to Consolidated Financial Statements (Unaudited)8
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations44
Item 3. Quantitative and Qualitative Disclosures About Market Risk59
Item 4. Controls and Procedures61
PART II.Other Information
Item 1. Legal Proceedings62
Item 1A. Risk Factors62
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds62
Item 3. Defaults Upon Senior Securities62
Item 4. Mine Safety Disclosures62
Item 5. Other Information62
Item 6. Exhibits63
Signatures64
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.