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Executives say the integration of Mercantile Bank Corp. and the former Firstbank Corp. is nearly complete following their merger last summer.

Published in In the News

Increased activity in 2014 sets the stage for more bank M&A in 2015.

Published in Crystal Ball

After successfully executing its first-ever merger this summer, Mercantile Bank Corp. remains open to further deals in the future.

Published in Finance
Sunday, 12 October 2014 22:00

Fed report: Expect more community bank M&A

National survey results suggest that mergers and acquisitions involving community banks could pick up in the next year or more as institutions cope with growth pressures, high regulatory compliance costs and even “management fatigue.”

Published in Finance

Gordon Lewis worked on his first bank merger 40 years ago as a first-year associate at Warner Norcross & Judd LLP.

Published in Finance

The new financial institutions practice formed by Charter Capital Partners LLC in Grand Rapids seeks to tap into an emerging consolidation trend involving community banks.

Published in Finance

Grand Rapids-based Founders Financial Corp. had always expected Founders Bank & Trust to remain an independent community bank, but a key deal for an Ann Arbor lender in January convinced directors to re-evaluate their plans.

Published in Finance

As each envisions becoming the top community bank in Michigan, Mercantile Bank Corp. and Chemical Financial Corp. could potentially make additional acquisitions in the future to drive growth.

Published in Finance

The Grand Rapids-based Mercantile Bank reported net income of $1.3 million, or 13 cents per diluted share, for the quarter that ended June 30.

Published in In the News

The merged bank has $2.9 billion in assets and 53 offices across Michigan. Michael Price will continue as president and chief executive officer, and former Firstbank CEO Thomas Sullivan serves as chairman of the board.

Published in In the News
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