$MBWM

$60.68 -$0.47 (0.77%) Close

$MBWM Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Company Executives

$MBWM Management Team

Mr. Michael Price

Independent Chairman of the Board of the Mercantile and Bank

Age 68

Compensation $106.1K USD

Sex Male

Mr. Scott Setlock

Chief Operating Officer

Executive Vice President

Secretary of Mercantile and of the Bank

Age 43

Compensation $514.8K USD

Sex Male

Mr. Raymond Reitsma

President

Chief Executive Officer

Director

Age 62

Compensation $1.182M USD

Sex Male

Mr. Charles Christmas

Chief Financial Officer

Executive Vice President and Treasurer of Mercantile; Executive Vice President and Chief Financial Officer of the Bank

Age 59

Compensation $676.8K USD

Sex Male

Mr. Brett Hoover

Executive Vice President

Chief Human Resource Officer of Mercantile and the Bank

Age 54

Compensation $415.6K USD

Sex Male

Mr. Mark Augustyn

Executive Vice President

Chief Commercial Banking Officer of the Bank

Age 57

Compensation $654.0K USD

Sex Male

Ms. Tara Randall

Executive Vice President

Chief Experience Officer of the Bank

Age 46

Compensation -

Sex Female

Name / Title	Age	Compensation	Sex
Mr. Michael Price Independent Chairman of the Board of the Mercantile and Bank	68	$106.1K USD	Male
Mr. Scott Setlock Chief Operating Officer Executive Vice President Secretary of Mercantile and of the Bank	43	$514.8K USD	Male
Mr. Raymond Reitsma President Chief Executive Officer Director	62	$1.182M USD	Male
Mr. Charles Christmas Chief Financial Officer Executive Vice President and Treasurer of Mercantile; Executive Vice President and Chief Financial Officer of the Bank	59	$676.8K USD	Male
Mr. Brett Hoover Executive Vice President Chief Human Resource Officer of Mercantile and the Bank	54	$415.6K USD	Male
Mr. Mark Augustyn Executive Vice President Chief Commercial Banking Officer of the Bank	57	$654.0K USD	Male
Ms. Tara Randall Executive Vice President Chief Experience Officer of the Bank	46	-	Female

Board of Directors

From the proxy statement filed Apr 2, 2026

Directors

serving now

Independent

11 of 12

stated in the proxy

Average tenure

5.3 years

from year joined

CEO also chairs the board

Michael H. Price

Director	Age	On board	Independent	Committees	Other public boards	2025 pay
Michael S. Davenport	56	2020 6 years	Independent	AUDIT COMMITTEE COMPENSATION COMMITTEE GOVERNANCE & NOMINATING COMMITTEE	None stated	$78,637
Michelle L. Eldridge	60	2016 10 years	Independent	AUDIT COMMITTEE COMPENSATION COMMITTEE · Chair GOVERNANCE & NOMINATING COMMITTEE	None stated	$86,079
Joseph D. Jones	55	2025 1 year	Independent	COMPENSATION COMMITTEE	None stated	$65,849
Richard D. MacDonald	55	2025 1 year	Independent	GOVERNANCE & NOMINATING COMMITTEE	None stated	$75,261
Michael H. Price Board chair	69	1997 29 years	Independent	None stated	None stated	$113,695
David B. Ramaker	70	2020 6 years	Independent	AUDIT COMMITTEE COMPENSATION COMMITTEE GOVERNANCE & NOMINATING COMMITTEE · Chair	None stated	$83,550
Raymond E. Reitsma CEO, Executive officer	63	2023 3 years	Not independent	None stated	None stated	Paid as CEO
Nelson F. Sanchez	61	2024 2 years	Independent	AUDIT COMMITTEE COMPENSATION COMMITTEE GOVERNANCE & NOMINATING COMMITTEE	None stated	$75,261
Sara A. Schmidt	44	2025 1 year	Independent	AUDIT COMMITTEE	None stated	$75,261
Steven J. Schweihofer	54	2025 1 year	Independent	AUDIT COMMITTEE	None stated	Not stated
Amy L. Sparks	53	2023 3 years	Independent	AUDIT COMMITTEE · Chair COMPENSATION COMMITTEE GOVERNANCE & NOMINATING COMMITTEE	None stated	$92,566
Shoran R. Williams	57	2025 1 year	Independent	AUDIT COMMITTEE	None stated	$75,261

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

No related-party transactions disclosed

The proxy filed Apr 2, 2026 describes a review policy but reports no transactions.

Read the policy in the proxy

The proxy also says directors, officers or their families deal with the company in the ordinary course of business, on the same terms as others. Those are not conflicts and are not listed. Read it in the proxy

Comments

Company Executives

$MBWM Management Team

Mr. Michael Price

Mr. Scott Setlock

Mr. Raymond Reitsma

Mr. Charles Christmas

Mr. Brett Hoover

Mr. Mark Augustyn

Ms. Tara Randall

Board of Directors

Related-party transactions

No related-party transactions disclosed