Mercantile Bank Corp

Company Snapshot
310 Leonard Street NW
Grand Rapids, MI 49504
United States
Sector: Financial Services
Industry: Banks - Regional
Full Time Employees: 669
https://www.mercbank.com
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Company Financials

2018
2019
2020
Gross Profit
Operating Income
Net Income
$42,024,000
$49,456,000
$44,138,000
2018
Gross Profit
Operating Income
Net Income
$42,024,000
2019
Gross Profit
Operating Income
Net Income
$49,456,000
2020
Gross Profit
Operating Income
Net Income
$44,138,000
The above data on Mercantile Bank Corp came from annual proxy statements to the SEC. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov
Top Executives
Total Cash info
Equity info
Other info
Total Compensation
Top Executives
Total Compensation
Robert Kaminski
Director and President; Chief Executive Officer of the Company and Bank
$743,318
$285,431
$58,618
$1,087,367
Robert Kaminski
$1,087,367
Director and President; Chief Executive Officer of the Company and Bank
Raymond Reitsma
Executive Vice President; President of the Bank
$518,767
$202,891
$60,498
$782,156
Raymond Reitsma
$782,156
Executive Vice President; President of the Bank
Charles Christmas
Principal Accounting Officer and Treasurer; Executive Vice President and Chief Financial Officer of Company and the Bank
$504,160
$168,690
$49,875
$722,725
Charles Christmas
$722,725
Principal Accounting Officer and Treasurer; Executive Vice President and Chief Financial Officer of Company and the Bank
Lonna Wiersma
Senior Vice President and Human Resource Director of the Company and Bank
$346,324
$94,767
$40,727
$481,818
Lonna Wiersma
$481,818
Senior Vice President and Human Resource Director of the Company and Bank
Robert Worthington
Chief Operating Officer, Secretary, Senior Vice President and General Counsel of the Company and Bank
$332,563
$90,998
$27,306
$450,867
Robert Worthington
$450,867
Chief Operating Officer, Secretary, Senior Vice President and General Counsel of the Company and Bank
Mercantile Bank Corp listed the above executives on its annual proxy statement to the SEC for the fiscal year of 2020. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov

The sum of all cash payments made to an individual for services during a given year. It is comprised of yearly Base Pay and Bonuses

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The value of stock and option awards plus long term incentives granted.

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This covers all compensation that don't fit in any of these other standard categories

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