Mercantile Bank Corporation (MBWM)

USD 45.14

(-5.88%)

Total Debt Summary of Mercantile Bank Corporation

  • Mercantile Bank Corporation's latest annual total debt in 2023 was 839.95 Million USD , up 88.39% from previous year.
  • Mercantile Bank Corporation's latest quarterly total debt in 2024 Q3 was 777.4 Million USD , down -29.83% from previous quarter.
  • Mercantile Bank Corporation reported annual total debt of 445.84 Million USD in 2022, down -10.09% from previous year.
  • Mercantile Bank Corporation reported annual total debt of 495.89 Million USD in 2021, up 12.3% from previous year.
  • Mercantile Bank Corporation reported quarterly total debt of 819.24 Million USD for 2024 Q1, down -2.46% from previous quarter.
  • Mercantile Bank Corporation reported quarterly total debt of 777.4 Million USD for 2024 Q3, down -29.83% from previous quarter.

Annual Total Debt Chart of Mercantile Bank Corporation (2023 - 1998)

Historical Annual Total Debt of Mercantile Bank Corporation (2023 - 1998)

Year Total Debt Total Debt Growth
2023 839.95 Million USD 88.39%
2022 445.84 Million USD -10.09%
2021 495.89 Million USD 12.3%
2020 441.56 Million USD 10.15%
2019 400.88 Million USD 1.18%
2018 396.19 Million USD 49.22%
2017 265.51 Million USD 20.78%
2016 219.83 Million USD 78.5%
2015 123.15 Million USD 13.51%
2014 108.49 Million USD 39.11%
2013 77.99 Million USD 12.32%
2012 69.43 Million USD -12.58%
2011 79.42 Million USD -27.66%
2010 109.79 Million USD -56.92%
2009 254.88 Million USD -20.97%
2008 322.51 Million USD 771.6%
2007 37 Million USD -71.82%
2006 131.3 Million USD -20.58%
2005 165.33 Million USD 6.95%
2004 154.59 Million USD 44.33%
2003 107.11 Million USD 587.69%
2002 15.57 Million USD -2.65%
2001 16 Million USD -0.35%
2000 16.05 Million USD 0.35%
1999 16 Million USD -5.88%
1998 17 Million USD 0.0%

Peer Total Debt Comparison of Mercantile Bank Corporation

Name Total Debt Total Debt Difference
Five Star Bancorp 249.35 Million USD -236.854%
NSTS Bancorp, Inc. 5 Million USD -16699.02%
Zions Bancorporation, National Association 4.74 Billion USD 82.283%
Richmond Mutual Bancorporation, Inc. 271.5 Million USD -209.366%
Kearny Financial Corp. 1.72 Billion USD 51.31%
Independent Bank Corporation 134.37 Million USD -525.066%
HomeStreet, Inc. 2 Billion USD 58.103%
Northrim BanCorp, Inc. 33.07 Million USD -2439.381%
MVB Financial Corp. 99.18 Million USD -746.887%
CrossFirst Bankshares, Inc. 121.76 Million USD -589.796%
First Mid Bancshares, Inc. 622.93 Million USD -34.837%
Veritex Holdings, Inc. 329.78 Million USD -154.698%
Burke & Herbert Bank & Trust Company 281.16 Million USD -198.737%
Southern Missouri Bancorp, Inc. 125.2 Million USD -570.855%
Independent Bank Corp. 1.27 Billion USD 34.104%
SR Bancorp, Inc. Common stock 2.4 Million USD -34854.266%
Peoples Bancorp Inc. 829.44 Million USD -1.267%
NB Bancorp, Inc. Common Stock 283.33 Million USD -196.448%
OptimumBank Holdings, Inc. 77.84 Million USD -978.963%
Univest Financial Corporation 499.91 Million USD -68.018%
Bank OZK 1.27 Billion USD 34.108%
OceanFirst Financial Corp. 1.13 Billion USD 26.207%
Provident Bancorp, Inc. 108.86 Million USD -671.532%
Territorial Bancorp Inc. 319.29 Million USD -163.063%
Premier Financial Corp. 379.15 Million USD -121.534%
Peoples Financial Services Corp. 86.55 Million USD -870.481%
First Guaranty Bancshares, Inc. 275.39 Million USD -204.998%
Pinnacle Financial Partners, Inc. 3.07 Billion USD 72.726%
Citizens Financial Services, Inc. 333.22 Million USD -152.068%
First Western Financial, Inc. 188.95 Million USD -344.534%
Triumph Financial, Inc. 405.41 Million USD -107.181%
ChoiceOne Financial Services, Inc. 236.21 Million USD -255.586%
Huntington Bancshares Incorporated 12.39 Billion USD 93.224%
First Bank 245 Million USD -242.836%
NBT Bancorp Inc. 665.61 Million USD -26.192%
Capital City Bank Group, Inc. 115.93 Million USD -624.508%
LCNB Corp. 216.77 Million USD -287.469%
First United Corporation 157.9 Million USD -431.941%
ESSA Bancorp, Inc. 290 Million USD -189.638%
Hawthorn Bancshares, Inc. 157.69 Million USD -432.629%
SmartFinancial, Inc. 50.09 Million USD -1576.582%
AmeriServ Financial, Inc. 115.55 Million USD -626.878%
Sandy Spring Bancorp, Inc. 1.29 Billion USD 35.181%
Preferred Bank 167.99 Million USD -399.977%
Primis Financial Corp. 145.98 Million USD -475.356%
Sound Financial Bancorp, Inc. 56.53 Million USD -1385.64%
Fulton Financial Corporation 2.58 Billion USD 67.478%
Blue Foundry Bancorp 424.27 Million USD -97.972%
Generations Bancorp NY, Inc. 23.57 Million USD -3462.586%
WesBanco, Inc. 1.73 Billion USD 51.587%
The First Bancshares, Inc. 521.67 Million USD -61.01%
Merchants Bancorp 975.37 Million USD 13.885%
Farmers & Merchants Bancorp, Inc. 334.58 Million USD -151.04%
United Bancorp, Inc. 128.33 Million USD -554.514%
SB Financial Group, Inc. 126.93 Million USD -561.697%
Commerce Bancshares, Inc. 2.91 Billion USD 71.138%
Amerant Bancorp Inc. 921.32 Million USD 8.832%
Middlefield Banc Corp. 175.42 Million USD -378.801%
Coastal Financial Corporation 53.85 Million USD -1459.566%
Wintrust Financial Corporation 3.66 Billion USD 77.071%
Glen Burnie Bancorp 30.21 Million USD -2679.546%
Northfield Bancorp, Inc. (Staten Island, NY) 955.69 Million USD 12.111%
Investar Holding Corporation 300.04 Million USD -179.943%
Southern California Bancorp 114.98 Million USD -630.507%
West Bancorporation, Inc. 596.03 Million USD -40.922%
Civista Bancshares, Inc. 455.82 Million USD -84.27%
Eagle Bancorp, Inc. 1.42 Billion USD 41.004%
Waterstone Financial, Inc. 611.05 Million USD -37.459%
Columbia Financial, Inc. 1.54 Billion USD 45.642%
First Community Bankshares, Inc. 1.73 Million USD -48200.805%
Eagle Bancorp Montana, Inc. 236.23 Million USD -255.557%
Financial Institutions, Inc. 343.32 Million USD -144.655%
TowneBank 492.58 Million USD -70.521%
Shore Bancshares, Inc. 85.15 Million USD -886.391%
Colony Bankcorp, Inc. 240.27 Million USD -249.58%
Trustmark Corporation 1.11 Billion USD 24.729%
Heritage Financial Corporation 521.76 Million USD -60.983%
Wintrust Financial Corporation 3.66 Billion USD 77.071%
Finward Bancorp 118.12 Million USD -611.076%
Eastern Bankshares, Inc. 48.21 Million USD -1642.059%
Esquire Financial Holdings, Inc. 2.18 Million USD -38376.913%
Peapack-Gladstone Financial Corporation 553.39 Million USD -51.782%
Camden National Corporation 544.36 Million USD -54.299%
Valley National Bancorp 3.7 Billion USD 77.342%
Stock Yards Bancorp, Inc. 415.07 Million USD -102.364%
BCB Bancorp, Inc. 523.75 Million USD -60.373%
Oak Valley Bancorp - USD -Infinity%
Summit State Bank 6.91 Million USD -12048.554%
CF Bankshares Inc. 130.25 Million USD -544.836%
MainStreet Bancshares, Inc. 94.54 Million USD -788.423%
Valley National Bancorp 3.7 Billion USD 77.342%
Bridgewater Bancshares, Inc. 414.51 Million USD -102.637%
United Bankshares, Inc. 2.07 Billion USD 59.58%
Chemung Financial Corporation 40.79 Million USD -1958.855%
Hancock Whitney Corporation 1.51 Billion USD 44.622%
Fifth Third Bancorp 20.03 Billion USD 95.808%
Auburn National Bancorporation, Inc. 1.99 Million USD -42002.807%
Sierra Bancorp 574.53 Million USD -46.198%
Pioneer Bancorp, Inc. 756 Thousand USD -111004.63%
QCR Holdings, Inc. 722.39 Million USD -16.274%
Pinnacle Financial Partners, Inc. 3.07 Billion USD 72.726%
ACNB Corporation 254.78 Million USD -229.665%
Fidelity D & D Bancorp, Inc. 134.12 Million USD -526.259%
Landmark Bancorp, Inc. 99.02 Million USD -748.204%
Southern States Bancshares, Inc. 184.21 Million USD -355.955%
Northeast Bank 365.44 Million USD -129.845%
City Holding Company 434.85 Million USD -93.156%
Enterprise Financial Services Corp 184.61 Million USD -354.965%
Ponce Financial Group, Inc. 717.1 Million USD -17.131%
Guaranty Bancshares, Inc. 190.28 Million USD -341.417%
Affinity Bancshares, Inc. 40 Million USD -1999.878%
Business First Bancshares, Inc. 656.23 Million USD -27.995%
Amalgamated Financial Corp. 335.57 Million USD -150.304%
Citizens Community Bancorp, Inc. 148.68 Million USD -464.935%
Meridian Corporation 233.73 Million USD -259.365%
Capitol Federal Financial, Inc. 2.17 Billion USD 61.462%
FFBW, Inc. 686 Thousand USD -122341.837%
First National Corporation 64.6 Million USD -1200.113%
Huntington Bancshares Incorporated 12.39 Billion USD 93.224%
Western New England Bancorp, Inc. 164.92 Million USD -409.28%
Mid Penn Bancorp, Inc. 356.16 Million USD -135.831%
Hingham Institution for Savings 1.69 Billion USD 50.395%
CFSB Bancorp, Inc. 11.22 Million USD -7381.527%
Carver Bancorp, Inc. 57.15 Million USD -1369.679%
Fifth Third Bancorp 20.03 Billion USD 95.808%
Bank OZK 1.27 Billion USD 34.108%
Fulton Financial Corporation 2.58 Billion USD 67.478%
Merchants Bancorp 975.37 Million USD 13.885%
Equity Bancshares, Inc. 336.92 Million USD -149.302%
Pathward Financial, Inc. 410.35 Million USD -104.689%
Independent Bank Group, Inc. 676.43 Million USD -24.173%
Bank of Marin Bancorp 49.2 Million USD -1607.079%
Carter Bankshares, Inc. 393.4 Million USD -113.511%
Renasant Corporation 729.4 Million USD -15.156%
First Citizens BancShares, Inc. 38.53 Billion USD 97.82%
1st Source Corporation 419.03 Million USD -100.449%
Old National Bancorp 5.33 Billion USD 84.244%
First Interstate BancSystem, Inc. 3.66 Billion USD 77.111%
Huntington Bancshares Incorporated 12.39 Billion USD 93.224%
Union Bankshares, Inc. 84.54 Million USD -893.555%
CNB Financial Corporation 104.88 Million USD -700.815%
Old National Bancorp 5.33 Billion USD 84.244%
S&T Bancorp, Inc. 552.34 Million USD -52.071%
PCB Bancorp 59.13 Million USD -1320.348%
Bogota Financial Corp. 167.68 Million USD -400.896%
Simmons First National Corporation 1.4 Billion USD 40.28%
WSFS Financial Corporation 895.07 Million USD 6.159%
Catalyst Bancorp, Inc. 19.37 Million USD -4234.56%
BayFirst Financial Corp. 20.95 Million USD -3907.973%
MetroCity Bankshares, Inc. 333.65 Million USD -151.745%
First Capital, Inc. 21.52 Million USD -3802.574%
Peoples Bancorp of North Carolina, Inc. 107.01 Million USD -684.92%
Ames National Corporation 164.58 Million USD -410.354%
Texas Capital Bancshares, Inc. 2.35 Billion USD 64.396%
BOK Financial Corporation 7.82 Billion USD 89.26%
The Bank of Princeton 24.28 Million USD -3359.436%
William Penn Bancorporation 56.55 Million USD -1385.246%
First Community Corporation 171.25 Million USD -390.474%
CNB Financial Corporation 104.88 Million USD -700.815%
First Merchants Corporation 1.05 Billion USD 20.089%
Medallion Bank 849 Thousand USD -98834.158%
Oconee Federal Financial Corp. 55.95 Million USD -1401.253%
Enterprise Bancorp, Inc. 109.7 Million USD -665.631%
TriCo Bancshares 761.94 Million USD -10.238%
First Business Financial Services, Inc. 330.91 Million USD -153.826%
Plumas Bancorp 116.05 Million USD -623.753%
Midland States Bancorp, Inc. 664.36 Million USD -26.43%
Bank First Corporation 128.72 Million USD -552.521%
MidWestOne Financial Group, Inc. 423.56 Million USD -98.307%
Popular, Inc. 1.23 Billion USD 31.77%
Arrow Financial Corporation 56.71 Million USD -1380.925%
Merchants Bancorp 975.37 Million USD 13.885%
Westamerica Bancorporation 76.97 Million USD -991.186%
First US Bancshares, Inc. 22.85 Million USD -3575.291%
The Bancorp, Inc. 147.86 Million USD -468.06%
Hope Bancorp, Inc. 1.9 Billion USD 55.885%
Columbia Banking System, Inc. 4.75 Billion USD 82.343%
Alerus Financial Corporation 378.87 Million USD -121.695%
ConnectOne Bancorp, Inc. 1.02 Billion USD 18.149%
John Marshall Bancorp, Inc. 93.15 Million USD -801.68%
Community West Bancshares 158.86 Million USD -428.723%
The First Bancorp, Inc. 70.3 Million USD -1094.741%
Farmers National Banc Corp. 443.66 Million USD -89.322%
First Internet Bancorp - Fixed- 719.77 Million USD -16.697%
SHF Holdings, Inc. 15.08 Million USD -5469.068%
International Bancshares Corporation 650.02 Million USD -29.217%
Washington Federal, Inc. 3.31 Billion USD 74.687%
Bank of the James Financial Group, Inc. 21.12 Million USD -3876.288%
Valley National Bancorp 3.7 Billion USD 77.342%
The First of Long Island Corporation 567.44 Million USD -48.025%
CVB Financial Corp. 2.36 Billion USD 64.495%
C&F Financial Corporation 112.41 Million USD -647.181%
USCB Financial Holdings, Inc. 194.42 Million USD -332.022%
First Financial Corporation 175.79 Million USD -377.793%
Heritage Commerce Corp 71.17 Million USD -1080.104%
First Financial Bancorp. 1.36 Billion USD 38.384%
First Guaranty Bancshares, Inc. 275.39 Million USD -204.998%
PB Bankshares, Inc. 55.1 Million USD -1424.301%
BancFirst Corporation 95.28 Million USD -781.477%
Red River Bancshares, Inc. 3.76 Million USD -22197.611%
Pathfinder Bancorp, Inc. 211.6 Million USD -296.943%
Broadway Financial Corporation 397.45 Million USD -111.33%
Lake Shore Bancorp, Inc. 35.96 Million USD -2235.338%
Virginia National Bankshares Corporation 79.92 Million USD -950.924%
TrustCo Bank Corp NY 133.46 Million USD -529.361%
Dime Community Bancshares, Inc. 1.56 Billion USD 46.454%
Rhinebeck Bancorp, Inc. 139.52 Million USD -502.003%
Hanmi Financial Corporation 501.41 Million USD -67.516%
First Bancorp 647.99 Million USD -29.624%
Fifth Third Bancorp 20.03 Billion USD 95.808%
German American Bancorp, Inc. 199.27 Million USD -321.506%
SHF Holdings, Inc. 15.08 Million USD -5469.068%
Zions Bancorporation, National Association 4.74 Billion USD 82.283%
Northwest Bancshares, Inc. 707.38 Million USD -18.741%
Greene County Bancorp, Inc. 201.29 Million USD -317.272%
First Financial Bankshares, Inc. 404.08 Million USD -107.867%
Old National Bancorp 5.33 Billion USD 84.244%
Bank7 Corp. 1.98 Million USD -42151.056%
FinWise Bancorp 6.48 Million USD -12850.216%
Hanover Bancorp, Inc. 215.36 Million USD -290.006%
OceanFirst Financial Corp. 1.13 Billion USD 26.207%
Citizens & Northern Corporation 215.32 Million USD -290.078%
Republic Bancorp, Inc. 513.15 Million USD -63.683%
Riverview Bancorp, Inc. 123.93 Million USD -577.741%
Midland States Bancorp, Inc. 664.36 Million USD -26.43%
Huntington Bancshares Incorporated 12.39 Billion USD 93.224%
Ameris Bancorp 698.42 Million USD -20.264%
Dime Community Bancshares, Inc. 1.56 Billion USD 46.454%
South Plains Financial, Inc. 119.79 Million USD -601.139%
Southern First Bancshares, Inc. 335.96 Million USD -150.011%
Cullman Bancorp, Inc. 35 Million USD -2299.86%
1895 Bancorp of Wisconsin, Inc. 71.28 Million USD -1078.234%
Home Federal Bancorp, Inc. of Louisiana 7 Million USD -11899.3%
Parke Bancorp, Inc. 170.56 Million USD -392.449%
Provident Financial Holdings, Inc. 238.5 Million USD -252.181%
RBB Bancorp 315.27 Million USD -166.418%
Pacific Premier Bancorp, Inc. 978.95 Million USD 14.199%
TFS Financial Corporation 4.79 Billion USD 82.475%
Patriot National Bancorp, Inc. 202.84 Million USD -314.077%
Wintrust Financial Corporation 3.66 Billion USD 77.071%
Mid-Southern Bancorp, Inc. 28.2 Million USD -2878.55%
FS Bancorp, Inc. 150.12 Million USD -459.516%
MainStreet Bancshares, Inc. 94.54 Million USD -788.423%
First Hawaiian, Inc. 563.83 Million USD -48.972%
Cathay General Bancorp 709.72 Million USD -18.35%
Signature Bank 12.13 Billion USD 93.079%
Zions Bancorporation, National Association 4.74 Billion USD 82.283%
United Security Bancshares 74.65 Million USD -1025.186%
Merchants Bancorp 975.37 Million USD 13.885%
Tectonic Financial, Inc. 33 Million USD -2445.306%
HomeTrust Bancshares, Inc. 467.23 Million USD -79.771%
Old Point Financial Corporation 102.74 Million USD -717.479%
CB Financial Services, Inc. 36.46 Million USD -2203.571%
Brookline Bancorp, Inc. 1.4 Billion USD 40.373%
First Savings Financial Group, Inc. 350.24 Million USD -139.819%
HBT Financial, Inc. 147.32 Million USD -470.123%
Kentucky First Federal Bancorp 68.98 Million USD -1117.532%
Fifth Third Bancorp 20.03 Billion USD 95.808%
FVCBankcorp, Inc. 113.86 Million USD -637.699%
Magyar Bancorp, Inc. 29.51 Million USD -2745.844%
Heartland Financial USA, Inc. 1.02 Billion USD 17.972%
Lakeland Financial Corporation 50 Million USD -1579.902%
OP Bancorp 114.34 Million USD -634.602%
First Merchants Corporation 1.05 Billion USD 20.089%
Third Coast Bancshares, Inc. 141.7 Million USD -492.734%
ECB Bancorp, Inc. 235.33 Million USD -256.916%
Republic First Bancorp, Inc. 11.27 Million USD -7348.355%
Bridgewater Bancshares, Inc. 414.51 Million USD -102.637%
Orange County Bancorp, Inc. 257.23 Million USD -226.527%
National Bankshares, Inc. 1.12 Million USD -74429.814%
Heartland Financial USA, Inc. 1.02 Billion USD 17.972%
Unity Bancorp, Inc. 372.08 Million USD -125.742%
Franklin Financial Services Corporation 154.47 Million USD -443.739%
HarborOne Bancorp, Inc. 592.98 Million USD -41.648%
SouthState Corporation 481.59 Million USD -74.411%
First Financial Northwest, Inc. 127.8 Million USD -557.208%
First Busey Corporation 523.57 Million USD -60.425%
Triumph Financial, Inc. 405.41 Million USD -107.181%
WesBanco, Inc. 1.73 Billion USD 51.587%
UMB Financial Corporation 4.3 Billion USD 80.479%
Texas Capital Bancshares, Inc. 2.35 Billion USD 64.396%
Timberland Bancorp, Inc. 20 Million USD -4099.755%
Capital Bancorp, Inc. 52.85 Million USD -1489.221%
Orrstown Financial Services, Inc. 190.99 Million USD -339.783%
Bankwell Financial Group, Inc. 172.85 Million USD -385.922%
BayCom Corp 87.19 Million USD -863.269%
Hancock Whitney Corporation - 6 1.51 Billion USD 44.622%
Flushing Financial Corporation 882.1 Million USD 4.779%
Banner Corporation 713.8 Million USD -17.673%
Old Second Bancorp, Inc. 516.62 Million USD -62.584%
Washington Federal, Inc. 3.31 Billion USD 74.687%
Sterling Bancorp, Inc. (Southfield, MI) 62.53 Million USD -1243.126%
Stellar Bancorp, Inc. 159.76 Million USD -425.742%
Atlantic Union Bankshares Corporation 1.11 Billion USD 24.399%
Great Southern Bancorp, Inc. 423.8 Million USD -98.192%
ConnectOne Bancorp, Inc. 1.02 Billion USD 18.149%
First Citizens BancShares, Inc. 38.53 Billion USD 97.82%
Norwood Financial Corp. 202.32 Million USD -315.149%
First Citizens BancShares, Inc. 38.53 Billion USD 97.82%
Enterprise Financial Services Corp 184.61 Million USD -354.965%
First Foundation Inc. 1.58 Billion USD 46.921%
Seacoast Banking Corporation of Florida 530.87 Million USD -58.22%
Northeast Community Bancorp, Inc. 69.19 Million USD -1113.872%
Southside Bancshares, Inc. 893.31 Million USD 5.974%
BankFinancial Corporation 48.62 Million USD -1627.548%
United Bancshares, Inc. 18.04 Million USD -4555.274%
Penns Woods Bancorp, Inc. 401.09 Million USD -109.415%
First Seacoast Bancorp 73 Million USD -1050.507%
Home Bancorp, Inc. 263.91 Million USD -218.268%
Texas Community Bancshares, Inc. 76.89 Million USD -992.321%
Bank of South Carolina Corporation 58.79 Million USD -1328.491%
First Northwest Bancorp 327.27 Million USD -156.649%
First Internet Bancorp 719.77 Million USD -16.697%
Ohio Valley Banc Corp. 54.29 Million USD -1446.928%
TC Bancshares, Inc. 13.1 Million USD -6310.653%
HMN Financial, Inc. 13.51 Million USD -6115.874%
IF Bancorp, Inc. 58.24 Million USD -1342.001%
Horizon Bancorp, Inc. 1.46 Billion USD 42.699%