Welcome to our dedicated page for Mercantile Bk SEC filings (Ticker: MBWM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Mercantile Bank Corporation (NASDAQ: MBWM), a bank holding company based in Grand Rapids, Michigan and the parent of Mercantile Bank and Eastern Michigan Bank. These regulatory documents offer detailed information about the company’s financial condition, operations, and material corporate events.
Mercantile uses Form 8-K filings to report significant developments. Recent 8-Ks describe quarterly earnings releases, investor presentations, and the Agreement and Plan of Merger with Eastern Michigan Financial Corporation. An 8-K and subsequent 8-K/A filed in July 2025 outline the terms of the merger, including the cash-and-stock consideration, the plan for Mercantile to operate as a two-bank holding company, and the anticipated timing of closing. Another 8-K filed in October 2025 furnishes the press release and presentation for third quarter 2025 financial results, while a December 2025 8-K reports receipt of all required regulatory approvals for the merger.
Through this filings page, users can review earnings-related disclosures that discuss net interest income, noninterest income categories, asset quality metrics, and capital measures, as well as transaction-related documents such as the merger agreement and voting agreements associated with the Eastern Michigan Financial Corporation combination. These filings also explain how Mercantile communicates with investors via conference calls, webcasts, and presentations.
Stock Titan enhances these filings with AI-powered summaries that highlight key points from lengthy documents, helping readers quickly understand the significance of each filing. Real-time updates from the SEC’s EDGAR system ensure that new 8-Ks and other reports appear promptly. Users can also examine Forms 3, 4, and 5 referenced in company disclosures for information about the beneficial ownership and trading activity of Mercantile’s directors and executive officers, as noted in the company’s proxy statement and related filings.
Whether you are looking for quarterly earnings details, the structure of the Eastern Michigan merger, or background on investor presentations and executive share ownership, this page centralizes Mercantile Bank Corporation’s SEC reporting history with tools that make complex filings easier to interpret.
Mercantile Bank Corporation is holding its 2026 annual meeting of shareholders as a virtual-only webcast on May 21, 2026 at 9:00 a.m. Eastern Time. Shareholders of record at the close of business on March 27, 2026, when 17,274,899 common shares were outstanding, are entitled to vote.
Investors are being asked to elect twelve directors for one-year terms, ratify Plante & Moran, PLLC as independent auditor for 2026, and approve on an advisory basis the compensation of named executive officers. The Board highlights that 92% of directors are independent, the Chair and CEO roles are separated, and about 58% of directors reflect racial or gender diversity. Executive pay is structured with base salary, short- and long-term incentives, and equity awards tied to multi-metric performance plans focused on earnings, returns and efficiency.
The Vanguard Group filed Amendment No. 2 on Schedule 13G/A reporting zero beneficial ownership of Mercantile Bank Corp common stock following an internal realignment effective January 12, 2026. The filing states certain subsidiaries or business divisions will report ownership separately in reliance on SEC Release No. 34-39538.
The filing is signed by Ashley Grim, Head of Global Fund Administration, on March 27, 2026, and lists 0 shares and 0% ownership, including vote and dispositive powers.
Mercantile Bank Corporation adopted a 2026 executive officer cash bonus plan covering its CEO, CFO and other key executives. Bonuses will be funded from a pool tied to six performance metrics for 2026: earnings per share, return on assets, net interest margin, efficiency ratio, non‑performing assets, and loans‑to‑deposits. Each metric has a Target Level and Maximum Level, with associated Target and Maximum Percentages that are combined using linear interpolation to calculate the bonus pool.
If all metrics are achieved at the Target Level, the Target Bonus Pool is $1,206,725; strong performance can increase this amount up to 150% of target, or $1,810,087. Individual awards are paid pro rata as a percentage of 2026 salary, with target and maximum opportunities such as 60.0% and 90.0% for the Chief Executive Officer and 40.0% and 60.0% for the Chief Financial Officer. Earned bonuses, subject to conditions and clawback provisions, will be paid on or before March 15, 2027.
Mercantile Bank Corporation files its annual report outlining a growing Michigan-focused banking franchise and the completed merger with Eastern Michigan Financial Corporation on December 31, 2025. Eastern Michigan shareholders received 0.7116 Mercantile shares plus $32.32 per share, and Eastern Michigan Bank will be consolidated after a core conversion planned for early 2027.
The company emphasizes commercial and commercial real estate lending; commercial real estate loans were 52.8% of total loans as of December 31, 2025, with 91.0% of that book in Michigan. Asset quality remains strong, with nonaccrual loans of $7.9 million, or 0.2% of total loans, and no loans 90 days past due and still accruing.
Management highlights disciplined lending limits, a 744 full-time workforce, active community engagement, and sustainability initiatives. The risk section stresses interest rate and liquidity risk, commercial real estate concentrations, technology and cybersecurity threats, regulatory capital requirements, and specific integration and debt risks tied to the Eastern Michigan acquisition and a related $30 million term loan.
Mercantile Bank Corp EVP & CFO Charles E. Christmas reported both an equity award and a related tax-withholding share disposition in common stock. On February 15, 2026, he acquired 1,326 fully-vested shares at no cost as an award for exceeding performance metrics under a December 15, 2022 performance-based restricted stock agreement.
On February 17, 2026, he disposed of 3,021 shares of common stock at $54.2353 per share in a tax-withholding transaction used to satisfy liabilities by delivering shares, rather than an open-market sale. After these transactions, he directly owns 70,527 shares of common stock and has additional indirect holdings of 50,392 shares in his 401(k) plan, 510 shares in his spouse's IRA, and 2,071 shares in his spouse's 401(k) plan.
Mercantile Bank Corp President and CEO Raymond E. Reitsma reported equity-related transactions in company common stock. On February 15, 2026, he acquired 1,808 shares as a fully vested award, granted at $0.00 per share for exceeding performance metrics under a December 15, 2022 performance-based restricted stock award agreement. On February 17, 2026, 4,040 shares were disposed of at an average price of $54.2353 per share to satisfy tax withholding obligations, rather than through an open-market sale. Following these transactions, he directly owned 64,270 common shares, with additional indirect holdings reported in a 401(k) plan and an IRA.
Mercantile Bank Corp President and CEO Raymond E. Reitsma reported stock awards that increased his holdings. On February 5, 2026, he acquired 7,559 shares of common stock under a performance-based restricted stock award that may be forfeited if performance metrics are not met, plus an additional 3,779 shares, both at $0 per share. Following these awards, he directly owned 66,502 common shares, with another 23,115 shares held in a 401(k) plan and 2,153 shares in an IRA.
Mercantile Bank Corporation executive Brett Hoover, EVP & Chief HR Officer, reported multiple common stock transactions. On December 19, 2025, he disposed of 950 shares at $49.45 per share, leaving 15,688 shares directly held, which include shares acquired through the dividend reinvestment plan.
On February 5, 2026, Hoover received two stock awards: 1,888 restricted shares under a performance-based agreement, which may be forfeited if specified performance metrics are not met, and an additional 944 shares, both at a reported price of $0. After these awards, he directly owned 18,520 common shares, plus an indirect holding of 1,042 shares in the company’s 401(k) plan.
Mercantile Bank Corporation EVP & CFO Charles E. Christmas reported new stock awards. On 02/05/2026 he acquired 2,829 shares of common stock under a performance-based restricted stock award agreement at a stated price of $0 per share, which may be forfeited if performance metrics are not met.
He also acquired an additional 1,414 common shares at $0 per share, bringing his directly held common stock to 72,222 shares. The filing also shows indirect holdings of 50,376 shares in a 401(k) plan and 2,581 shares held through his spouse’s retirement plans.