Mercantile Bank
Grand Rapids, MI · State, non-member commercial bank
Sonar Score
Strong
out of 100 · from public FDIC data
Reported June 30, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $6.2B
- Total deposits
- $4.9B
- Branches
- 41
- Return on assets
- 1.61%
- Return on equity
- 13.90%
- Charter type
- State, non-member commercial bank
- Established
- 1997
- FDIC cert #
- 34598
How the 86 breaks down
Well-capitalized by regulatory thresholds.
Strong returns on its asset base.
Efficient use of shareholder capital.
Mid-size institution.
Your deposits at Mercantile Bank
Mercantile Bank is an FDIC-insured institution (Cert #34598). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →
41 branch locations
258 W Wright Ave
Shepherd, MI 48883
1925 E Remus Rd
Mount Pleasant, MI 48858
9002 E Howard City Edmore Rd
Vestaburg, MI 48891
230 Woodworth Ave
Alma, MI 48801
4699 E Pickard St
Mount Pleasant, MI 48858
7300 N Alger Rd
Alma, MI 48801
219 E Center St
Ithaca, MI 48847
1979 E Miller Rd
Fairview, MI 48621
9531 N Greenville Rd
Lakeview, MI 48850
830 W Shaw St
Howard City, MI 49329
201 W Wheatland Ave
Remus, MI 49340
202 N Dexter St
Ionia, MI 48846
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