MERCANTILE BANK
GRAND RAPIDS, MICHIGAN · FDIC Cert #34598
Capital & Safety Analysis
According to FDIC financial data, MERCANTILE BANK holds a Tier 1 capital ratio of 12.80%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MERCANTILE BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
MERCANTILE BANK shows strong financial health indicators. With $5.5B in assets and a Health Score of 78/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
MERCANTILE BANK has a Bank Health Score of B (78/100). It holds a Tier 1 capital ratio of 12.80%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
MERCANTILE BANK holds $5.5B in total assets and $4.2B in total deposits. It is located in GRAND RAPIDS, MICHIGAN (FDIC Certificate #34598).
MERCANTILE BANK has a Tier 1 capital ratio of 12.80%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.20%, and the return on assets is 2.11%.
Yes. MERCANTILE BANK is FDIC-insured (Certificate #34598). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.