Mercantile Bank, Petoskey Branch

Name:Mercantile Bank, Petoskey Branch
Limited Service Facility Office
Location:430 E Mitchell St
Petoskey, MI 49770

Emmet County
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Branch Deposit:$497,000
FDIC Cert:#34598
Established:10/26/2021


The Bank

Name:Mercantile Bank
Concentration:Commercial Lending Specialization
Established:12/15/1997
FDIC Insurance:12/15/1997
Holden By:MERCANTILE BANK CORP
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:46, view all, view on map
Website:www.mercbank.com
Total Assets:$5,313,149,000
Total Deposits:$3,920,039,000
Total Equity Capital:$624,910,000
Total Domestic Office Deposits:$3,920,039,000
Net Income:$92,456,000
Quarterly Net Income:$22,412,000
Return on Assets:2%
Quarterly Return on Assets:2%
Return on Equity:16%
Quarterly Return on Equity:15%
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