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.
Mercantile Bank Corporation filings document the regulatory record of a Michigan bank holding company and its bank subsidiaries. The company’s 8-K reports furnish earnings releases and Regulation FD presentation materials covering operating results, financial condition, net interest income, funding trends, asset quality, capital measures and fee-based banking activities.
Its SEC record also includes proxy disclosures on board matters, executive compensation and equity awards, along with material-event filings for governance actions such as executive officer bonus plans. Additional filing categories address material agreements, shareholder voting matters and capital-structure disclosure relevant to Mercantile’s common stock and bank holding company operations.
Mercantile Bank Corporation director Steven Schweihofer reported acquiring 321 shares of the company’s common stock on 01/06/2026. The shares were acquired at a price of $0 per share, increasing his directly held stake to 5,603 common shares following the transaction. The filing was made as a Form 4 for a single reporting person with direct ownership.
Mercantile Bank Corporation reported that it and Eastern Michigan Financial Corporation have received all required regulatory approvals for their planned merger. Eastern will first merge into a Mercantile acquisition subsidiary, which will then merge into Mercantile, leaving Mercantile as the surviving company.
After the transaction, Mercantile will temporarily operate as a two‑bank holding company, with Eastern Michigan Bank running alongside Mercantile Bank. Mercantile currently plans to consolidate Eastern Michigan Bank into Mercantile Bank in the first quarter of 2027. Completion of the merger is targeted for December 31, 2025, but still depends on approval by Eastern’s shareholders and satisfaction of the remaining closing conditions.
Mercantile Bank Corp (MBWM) director reported selling common stock in two open-market transactions. On 11/13/2025, the reporting person sold 3,160 shares of common stock at a price of $45.85 per share and 1,417 shares at $45.81 per share. After these sales, the director beneficially owned 13,315 shares directly, 14,616 shares indirectly through an IRA, and 19,909 shares in a 401(k) plan. The filing notes that the indirect holdings include shares acquired by reinvesting cash dividends under the company’s dividend reinvestment plan.
Mercantile Bank Corporation (MBWM) and Eastern Michigan Financial (EFIN) announced a definitive merger under which each EFIN share will be exchanged for $32.32 in cash plus 0.7116 MBWM shares, with cash paid in lieu of fractional shares. The stock portion’s value will vary with MBWM’s price. On July 21, 2025, the package equated to about $67.01 per EFIN share and roughly $95.8 million in aggregate consideration; on October 16, 2025 it equated to about $63.02 per share and $90.3 million, both inclusive of option conversions.
EFIN will hold a special shareholder meeting on December 19, 2025 to vote; approval requires a majority of outstanding shares. No dissenters’ rights apply under Michigan law. After closing, former EFIN holders are expected to own about 5.4% of the combined company. The exchange ratio is fixed but EFIN may terminate if MBWM’s 10‑day VWAP falls below $40.54 and underperforms the Nasdaq Bank Index by more than 17.5%, unless MBWM increases the ratio per the agreement. The merger is intended to be a tax‑free reorganization for the stock portion; cash received is taxable. A termination fee of $3.68 million may apply in specified circumstances.
Mercantile Bank Corp (MBWM) reported an insider transaction by a director. On 10/31/2025, the director purchased 1,000 shares of common stock at $43.5, recorded as indirect ownership through an IRA.
Following the transaction, reported holdings were 3,502 shares indirect (IRA) and 3,084 shares direct. The filing was submitted by one reporting person.
Mercantile Bank Corporation (MBWM) reported stronger Q3 2025 results. Net income rose to $23.8 million from $19.6 million a year ago, and diluted EPS increased to $1.46 from $1.22. Net interest income improved to $52.0 million from $48.3 million, with a modest $0.2 million provision for credit losses versus $1.1 million last year. Noninterest income was $10.4 million, up from $9.7 million, while noninterest expense rose to $34.8 million from $32.3 million, including $0.6 million of acquisition costs.
For the nine months, net income was $65.9 million versus $60.0 million, and diluted EPS was $4.06 versus $3.72. The balance sheet expanded: total assets reached $6.31 billion (up from $6.05 billion at December 31, 2024), deposits were $4.81 billion, and securities available for sale increased to $855.1 million. Shareholders’ equity improved to $657.6 million as accumulated other comprehensive loss narrowed.
Strategic update: On July 22, 2025, MBWM agreed to acquire Eastern Michigan Financial Corporation. Each EFIN share will receive $32.32 in cash and 0.7116 MBWM shares, valuing the deal at approximately $90.3 million based on a $43.14 MBWM share price on October 16, 2025. Closing is anticipated in Q4 2025, subject to shareholder and regulatory approvals and customary conditions.
Mercantile Bank Corporation announced it issued a press release with earnings and other financial results for the quarter ended September 30, 2025. The materials were furnished as Exhibit 99.1 (press release) and Exhibit 99.2 (Conference Call & Webcast Presentation).
Management planned to discuss results during its Third Quarter 2025 conference call on October 21, 2025 at 10:00 a.m. Eastern Time. The presentation is also available on the company’s investor relations website. Consistent with General Instruction B.2, the information in this report, including Exhibits 99.1 and 99.2, is furnished and not deemed filed.
Mercantile Bank Corporation announced it issued a press release with earnings and other financial results for the quarter ended September 30, 2025. The materials were furnished as Exhibit 99.1 (press release) and Exhibit 99.2 (Conference Call & Webcast Presentation).
Management planned to discuss results during its Third Quarter 2025 conference call on October 21, 2025 at 10:00 a.m. Eastern Time. The presentation is also available on the company’s investor relations website. Consistent with General Instruction B.2, the information in this report, including Exhibits 99.1 and 99.2, is furnished and not deemed filed.
Mercantile Bank Corporation is using this Form S-4 proxy statement/prospectus to seek approval for its proposed merger with Eastern Michigan Financial Corporation (EFIN). Under the merger agreement, each EFIN share will be converted into the right to receive $32.32 in cash plus 0.7116 shares of Mercantile common stock, with additional cash paid in lieu of fractional shares. Based on Mercantile’s prior stock price, this valued each EFIN share at about $67.01, for total consideration of roughly $95.8 million, including options. After closing, EFIN’s bank will initially operate alongside Mercantile Bank, with a planned consolidation in the first quarter of 2027, and former EFIN shareholders are expected to own about 5.4% of the combined company. The merger requires EFIN shareholder approval and multiple banking regulatory approvals and is intended to qualify as a tax-free “reorganization” for most shareholders, subject to specific tax rules and risks described in the document.
David B. Ramaker, a director of Mercantile Bank Corporation (MBWM), reported an open-market purchase of company common stock on 08/18/2025. The Form 4 shows a purchase code "P" for 1,500 shares at a weighted average price of $46.71 per share, bringing his beneficial ownership to 15,014 shares. The footnote states the shares were acquired in multiple transactions at prices ranging from $46.63 to $46.715 and that the reporting person will provide detailed price breakdowns on request. The filing was signed by attorney-in-fact Adin J. Tarr on 08/19/2025.