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MBWM MERCANTILE BANK CORP

8-K Current Report
Filed: March 19, 2026
Financials
State Commercial Banks
MERCANTILE BANK CORP Overview

MERCANTILE BANK CORP (MBWM) 8-K current report filed with SEC EDGAR on March 19, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.

Reported 8-K Items
1 item

  • Item 5.02: Departure/Election of Directors or Officers

AI Filing Analysis
8-K

Item 5.02 · Departure/Election of Directors or Officers

  • • Mercantile adopted a 2026 executive officer cash bonus plan with target bonus pool of $1.21M, maxing at $1.81M based on performance metrics
  • • Bonus metrics include EPS, ROA, NIM, efficiency ratio, NPAs, and loans-to-deposits, with payout scaling linearly between target and max levels
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