2020 Q4 Form 10-Q Financial Statement

#000143774920022892 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $37.62M $35.59M $40.32M
YoY Change -4.91% -11.71% 13.61%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.170M $1.300M $900.0K
YoY Change 24.31% 44.44% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $6.085M $8.711M
YoY Change -30.15% 54.29%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $17.74M $13.19M $15.55M
YoY Change 11.92% -15.18% 24.45%
Income Tax $3.660M $2.507M $2.954M
% Of Pretax Income 20.63% 19.0% 18.99%
Net Earnings $14.08M $10.69M $12.60M
YoY Change 5.74% -15.19% 24.47%
Net Earnings / Revenue 37.43% 30.02% 31.25%
Basic Earnings Per Share $0.86 $0.66 $0.77
Diluted Earnings Per Share $0.86 $0.66 $0.77
COMMON SHARES
Basic Shares Outstanding 16.23M 16.23M 16.39M
Diluted Shares Outstanding 16.23M 16.39M

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $626.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $58.96M $60.45M $54.59M
YoY Change 2.85% 10.74% 13.47%
Goodwill $49.47M $49.47M $49.47M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $4.437B $4.421B $3.710B
YoY Change 22.14% 19.14% 12.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.30M $18.30M $21.40M
YoY Change 8.48% -14.49% 59.7%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $118.4M $157.0M $104.0M
YoY Change 15.29% 50.96% -7.47%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $24.30M $18.30M $21.40M
YoY Change 8.48% -14.49% 59.7%
LONG-TERM LIABILITIES
Long-Term Debt $47.60M $47.40M $46.70M
YoY Change 1.49% 1.5% 1.52%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $47.60M $47.40M $46.70M
YoY Change 1.49% 1.5% 1.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.30M $18.30M $21.40M
Total Long-Term Liabilities $47.60M $47.40M $46.70M
Total Liabilities $3.996B $3.989B $3.303B
YoY Change 24.23% 20.75% 13.1%
SHAREHOLDERS EQUITY
Retained Earnings $134.0M $124.5M $98.88M
YoY Change 24.3% 25.87% 23.17%
Common Stock $302.0M $301.9M $304.1M
YoY Change -0.99% -0.71% -2.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $441.6M $431.9M $407.2M
YoY Change
Total Liabilities & Shareholders Equity $4.437B $4.421B $3.710B
YoY Change 22.14% 19.14% 12.43%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $14.08M $10.69M $12.60M
YoY Change 5.74% -15.19% 24.47%
Depreciation, Depletion And Amortization $3.170M $1.300M $900.0K
YoY Change 24.31% 44.44% 0.0%
Cash From Operating Activities $21.57M $28.70M $6.210M
YoY Change -12.46% 362.16% -54.14%
INVESTING ACTIVITIES
Capital Expenditures -$1.790M -$2.770M -$3.750M
YoY Change -59.04% -26.13% 89.39%
Acquisitions
YoY Change
Other Investing Activities $55.35M -$37.55M -$38.89M
YoY Change -28.19% -3.45% -35.55%
Cash From Investing Activities $53.56M -$40.32M -$42.64M
YoY Change -26.33% -5.44% -31.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.720M 94.99M 114.5M
YoY Change -95.96% -17.07% 3630.94%
NET CHANGE
Cash From Operating Activities 21.57M 28.70M 6.210M
Cash From Investing Activities 53.56M -40.32M -42.64M
Cash From Financing Activities -3.720M 94.99M 114.5M
Net Change In Cash 71.41M 83.37M 78.11M
YoY Change 1273.27% 6.73% -270.84%
FREE CASH FLOW
Cash From Operating Activities $21.57M $28.70M $6.210M
Capital Expenditures -$1.790M -$2.770M -$3.750M
Free Cash Flow $23.36M $31.47M $9.960M
YoY Change -19.48% 215.96% -35.82%

Facts In Submission

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IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
15554000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
37107000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
44615000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2507000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2954000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7051000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8476000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
10686000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
12600000 USD
us-gaap Net Income Loss
NetIncomeLoss
30056000 USD
us-gaap Net Income Loss
NetIncomeLoss
36139000 USD
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.85
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.20
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.85
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.20
CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.28
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.27
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.84
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.79
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16233196
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16390203
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
10686000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16265208
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16415843
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16233666
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16393078
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16265986
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16420845
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-532000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
12600000 USD
us-gaap Net Income Loss
NetIncomeLoss
30056000 USD
us-gaap Net Income Loss
NetIncomeLoss
36139000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-675000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1809000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2352000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
15821000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-143000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
380000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
494000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
3323000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1429000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1858000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
12498000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10154000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14029000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
31914000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
48637000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
425221000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
12000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
206000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
45000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
736000 USD
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4474000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
10686000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-532000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
431900000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
416561000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
37000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
610000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
394000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2102000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
6282000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
13436000 USD
us-gaap Net Income Loss
NetIncomeLoss
30056000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1858000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
431900000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
400117000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
13000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
180000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
711000 USD
CY2019Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3508000 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4342000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
12600000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1429000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
407200000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
375249000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
39000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
541000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
16000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
375000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2199000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
7110000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12746000 USD
us-gaap Net Income Loss
NetIncomeLoss
36139000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
12498000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
407200000 USD
us-gaap Net Income Loss
NetIncomeLoss
30056000 USD
us-gaap Net Income Loss
NetIncomeLoss
36139000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6262000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6997000 USD
mbwm Discount Accretion On Acquired Loans
DiscountAccretionOnAcquiredLoans
337000 USD
mbwm Discount Accretion On Acquired Loans
DiscountAccretionOnAcquiredLoans
522000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
11550000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2450000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2102000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2199000 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
394000 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
375000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
505602000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
163056000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
506683000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
169661000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
20055000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
5032000 USD
mbwm Net Gain Loss From Sale And Valuation Write Down Of Foreclosed Assets
NetGainLossFromSaleAndValuationWriteDownOfForeclosedAssets
183000 USD
mbwm Net Gain Loss From Sale And Valuation Write Down Of Foreclosed Assets
NetGainLossFromSaleAndValuationWriteDownOfForeclosedAssets
132000 USD
mbwm Net Gain Loss From Sale And Valuation Write Down Of Former Bank Premises
NetGainLossFromSaleAndValuationWriteDownOfFormerBankPremises
27000 USD
mbwm Net Gain Loss From Sale And Valuation Write Down Of Former Bank Premises
NetGainLossFromSaleAndValuationWriteDownOfFormerBankPremises
559000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-54000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-5000 USD
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
933000 USD
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
3567000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1080000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
609000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6269000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7163000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-4147000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3843000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16306000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20133000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
472417000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
168412000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
270119000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
53353000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
296895000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
60617000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
313000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
632000 USD
mbwm Proceeds From Sale Of Former Bank Premises
ProceedsFromSaleOfFormerBankPremises
162000 USD
mbwm Proceeds From Sale Of Former Bank Premises
ProceedsFromSaleOfFormerBankPremises
854000 USD
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
-0 USD
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
1980000 USD
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
-0 USD
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
2500000 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
7708000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
7201000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
9109000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-452367000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-165543000 USD
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-65389000 USD
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
196035000 USD
us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
747039000 USD
us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
107348000 USD
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
54342000 USD
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
471000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
20000000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
30000000 USD
us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
60000000 USD
us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
44000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
37000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
39000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
610000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
541000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6282000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7110000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13436000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
12746000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
756921000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
298594000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
320860000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
153184000 USD
CY2019Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
233731000 USD
CY2018Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
75354000 USD
CY2020Q3 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
554591000 USD
CY2019Q3 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
228538000 USD
us-gaap Interest Paid Net
InterestPaidNet
21798000 USD
us-gaap Interest Paid Net
InterestPaidNet
23361000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7950000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8875000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
146000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
227000 USD
mbwm Transfer Of Bank Premises To Other Real Estate Owned
TransferOfBankPremisesToOtherRealEstateOwned
179000 USD
mbwm Transfer Of Bank Premises To Other Real Estate Owned
TransferOfBankPremisesToOtherRealEstateOwned
0 USD
CY2020Q3 mbwm Number Of Unconsolidated Business Trusts Formed To Issue Trust Preferred Securities
NumberOfUnconsolidatedBusinessTrustsFormedToIssueTrustPreferredSecurities
5 pure
mbwm Interest Income On Commercial And Mortgage Loans Discontinued Period
InterestIncomeOnCommercialAndMortgageLoansDiscontinuedPeriod
P90D
mbwm Maximum Delinquency Period For Consumer And Credit Card Loans To Be Charged Off
MaximumDelinquencyPeriodForConsumerAndCreditCardLoansToBeChargedOff
P120D
CY2020Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
27800000 USD
CY2019Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
5000000.0 USD
CY2020Q3 us-gaap Servicing Asset
ServicingAsset
958000000 USD
CY2019Q4 us-gaap Servicing Asset
ServicingAsset
727000000 USD
CY2020Q2 mbwm Financing Receivable Advances Under Paycheck Protection Program Liquidity Facility
FinancingReceivableAdvancesUnderPaycheckProtectionProgramLiquidityFacility
43700000 USD
CY2020Q3 mbwm Financing Receivable Advances Under Paycheck Protection Program Liquidity Facility
FinancingReceivableAdvancesUnderPaycheckProtectionProgramLiquidityFacility
0 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
305396000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
7543000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
515000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
312424000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
329979000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
5930000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1254000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
334655000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
68002000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
514000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
32000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
68034000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
515000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
32243000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
395000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
85330000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
859000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
117573000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1254000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
38 pure
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
68000000.0 USD
CY2020Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
0 USD
CY2020Q3 mbwm Weighted Average Yield Of Securities Portfolio Due In One Year Or Less
WeightedAverageYieldOfSecuritiesPortfolioDueInOneYearOrLess
0.0408 pure
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearAmortizedCostBasis
410000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearFairValue
411000 USD
CY2020Q3 mbwm Weighted Average Yield Of Securities Portfolio Due From One To Five Years
WeightedAverageYieldOfSecuritiesPortfolioDueFromOneToFiveYears
0.0163 pure
CY2020Q3 mbwm Debt Securities Availableforsale Amortized Cost Maturity Allocated And Single Maturity Date Year One Through Five
DebtSecuritiesAvailableforsaleAmortizedCostMaturityAllocatedAndSingleMaturityDateYearOneThroughFive
70413000 USD
CY2020Q3 mbwm Debt Securities Availableforsale Fair Value Maturity Allocated And Single Maturity Date Year One Through Five
DebtSecuritiesAvailableforsaleFairValueMaturityAllocatedAndSingleMaturityDateYearOneThroughFive
71694000 USD
CY2020Q3 mbwm Weighted Average Yield Of Securities Portfolio Due From Five To Ten Years
WeightedAverageYieldOfSecuritiesPortfolioDueFromFiveToTenYears
0.0189 pure
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
138085000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
141743000 USD
CY2020Q3 mbwm Weighted Average Yield Of Securities Portfolio Due Afterten Years
WeightedAverageYieldOfSecuritiesPortfolioDueAftertenYears
0.0227 pure
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
68172000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
69173000 USD
CY2020Q3 mbwm Weighted Average Yield Of Securities Portfolio
WeightedAverageYieldOfSecuritiesPortfolio
0.0195 pure
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
305396000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
312424000 USD
CY2020Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3350000000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2860000000 USD
mbwm Loans And Leases Receivable Period Increase Decrease
LoansAndLeasesReceivablePeriodIncreaseDecrease
494000000 USD
mbwm Loans And Leases Receivable Percentage Period Increase Decrease
LoansAndLeasesReceivablePercentagePeriodIncreaseDecrease
0.173 pure
CY2020Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3350544000 USD
CY2020Q3 mbwm Loan Portfolio Classes And Segments As Percentage Of Aggregate Loan
LoanPortfolioClassesAndSegmentsAsPercentageOfAggregateLoan
1.000 pure
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2856667000 USD
CY2019Q4 mbwm Loan Portfolio Classes And Segments As Percentage Of Aggregate Loan
LoanPortfolioClassesAndSegmentsAsPercentageOfAggregateLoan
1.000 pure
mbwm Loans And Leases Receivable Net Of Deferred Income Increase Decrease Percentage
LoansAndLeasesReceivableNetOfDeferredIncomeIncreaseDecreasePercentage
0.173 pure
CY2020Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
2127000 USD
CY2020Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
3348417000 USD
CY2020Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3350544000 USD
CY2020Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
1884000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
2854783000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2856667000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2020Q3 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
15774000 USD
CY2020Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
13558000 USD
CY2020Q3 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
15506000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
15459000 USD
CY2020Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
2596000 USD
CY2020Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2547000 USD
CY2020Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
910000 USD
CY2020Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2667000 USD
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2870000 USD
CY2020Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
18370000 USD
CY2020Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
16105000 USD
CY2020Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
910000 USD
CY2020Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
18173000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
18329000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
13687000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
12245000 USD
CY2019Q3 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
21098000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
17785000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
2398000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2377000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1623000 USD
CY2019Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
10798000 USD
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
10446000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
16085000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
14622000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1623000 USD
CY2019Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
31896000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
28231000 USD
CY2020Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
200000 USD
CY2019Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
500000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
800000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
900000 USD
CY2020Q3 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
100000 USD
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
200000 USD
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
100000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
32246000 USD
CY2020Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
3200000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
123000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
249000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
35572000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
23889000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
11550000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
499000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
632000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
35572000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
910000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
34662000 USD
CY2020Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3350544000 USD
CY2020Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
16105000 USD
CY2020Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
3334439000 USD
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
24053000 USD
CY2019Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
700000 USD
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
519000 USD
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
180000 USD
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
24414000 USD
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
22380000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2450000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
771000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
355000 USD
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
24414000 USD
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2345000 USD
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
22069000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2856667000 USD
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
15056000 USD
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2841611000 USD
CY2020Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
12 pure
CY2020Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
784000 USD
CY2020Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
784000 USD
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
34 pure
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
11074000 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
10478000 USD
CY2019Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
9 pure
CY2019Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
328000 USD
CY2019Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
327000 USD
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
28 pure
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
16640000 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
16938000 USD
mbwm Minimum Number Of Days Past Due At Period End For Loans Modified As Troubled Debt Restructurings
MinimumNumberOfDaysPastDueAtPeriodEndForLoansModifiedAsTroubledDebtRestructurings
P30D
CY2020Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 pure
CY2020Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 USD
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 pure
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
31000 USD
CY2019Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 pure
CY2019Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 USD
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 pure
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
6000 USD
CY2020Q3 mbwm Allowance For Credit Losses Troubled Debt Restructuring
AllowanceForCreditLossesTroubledDebtRestructuring
490000 USD
CY2019Q4 mbwm Allowance For Credit Losses Troubled Debt Restructuring
AllowanceForCreditLossesTroubledDebtRestructuring
1578000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
96887000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
92598000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
36441000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
35271000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
60446000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57327000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
1300000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
900000 USD
us-gaap Depreciation
Depreciation
3800000 USD
us-gaap Depreciation
Depreciation
2800000 USD
CY2020Q3 us-gaap Deposits
Deposits
3370000000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
682000000 USD
mbwm Aggregate Increase Decrease In Percentage Of Deposits
AggregateIncreaseDecreaseInPercentageOfDeposits
0.253 pure
CY2020Q3 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
1449879000 USD
CY2020Q3 mbwm Percentage Of Non Interest Bearing Domestic Deposits To Deposits Demand
PercentageOfNonInterestBearingDomesticDepositsToDepositsDemand
0.430 pure
CY2019Q4 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
924916000 USD
CY2019Q4 mbwm Percentage Of Non Interest Bearing Domestic Deposits To Deposits Demand
PercentageOfNonInterestBearingDomesticDepositsToDepositsDemand
0.344 pure
mbwm Percentage Of Increase Decrease In Non Interest Bearing Demand Deposits
PercentageOfIncreaseDecreaseInNonInterestBearingDemandDeposits
0.568 pure
CY2020Q3 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
439925000 USD
CY2020Q3 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Checking
PercentageOfInterestBearingDomesticDepositsToDepositsChecking
0.130 pure
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
332373000 USD
CY2019Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Checking
PercentageOfInterestBearingDomesticDepositsToDepositsChecking
0.123 pure
mbwm Percentage Of Increase Decrease Of Interest Bearing Checking Deposits
PercentageOfIncreaseDecreaseOfInterestBearingCheckingDeposits
0.324 pure
CY2020Q3 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
575077000 USD
CY2020Q3 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Money Market
PercentageOfInterestBearingDomesticDepositsToDepositsMoneyMarket
0.171 pure
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
509368000 USD
CY2019Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Money Market
PercentageOfInterestBearingDomesticDepositsToDepositsMoneyMarket
0.189 pure
mbwm Percentage Of Increase Decrease In Money Market Deposits
PercentageOfIncreaseDecreaseInMoneyMarketDeposits
0.129 pure
CY2020Q3 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
318132000 USD
CY2020Q3 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Savings
PercentageOfInterestBearingDomesticDepositsToDepositsSavings
0.094 pure
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
269318000 USD
CY2019Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Savings
PercentageOfInterestBearingDomesticDepositsToDepositsSavings
0.100 pure
mbwm Percentage Of Increase Or Decrease Of Savings Deposits
PercentageOfIncreaseOrDecreaseOfSavingsDeposits
0.181 pure
CY2020Q3 mbwm Domestic Time Deposits Less Than100000
DomesticTimeDepositsLessThan100000
173193000 USD
CY2020Q3 mbwm Percentage Of Domestic Time Deposits Under100000
PercentageOfDomesticTimeDepositsUnder100000
0.051 pure
CY2019Q4 mbwm Domestic Time Deposits Less Than100000
DomesticTimeDepositsLessThan100000
198123000 USD
CY2019Q4 mbwm Percentage Of Domestic Time Deposits Under100000
PercentageOfDomesticTimeDepositsUnder100000
0.074 pure
mbwm Percentage Of Increase Decrease In Domestic Time Deposits Under100000
PercentageOfIncreaseDecreaseInDomesticTimeDepositsUnder100000
-0.126 pure
CY2020Q3 mbwm Domestic Time Deposits100000 Or More
DomesticTimeDeposits100000OrMore
349867000 USD
CY2020Q3 mbwm Percentage Of Domestic Time Deposits100000 And Over
PercentageOfDomesticTimeDeposits100000AndOver
0.104 pure
CY2019Q4 mbwm Domestic Time Deposits100000 Or More
DomesticTimeDeposits100000OrMore
322827000 USD
CY2019Q4 mbwm Percentage Of Domestic Time Deposits100000 And Over
PercentageOfDomesticTimeDeposits100000AndOver
0.120 pure
mbwm Percentage Of Increase Decrease In Domestic Time Deposits100000 And Over
PercentageOfIncreaseDecreaseInDomesticTimeDeposits100000AndOver
0.084 pure
CY2020Q3 mbwm Aggregate Local Deposit Liabilities
AggregateLocalDepositLiabilities
3306073000 USD
CY2020Q3 mbwm Aggregate Percentage Of Local Deposits
AggregatePercentageOfLocalDeposits
0.980 pure
CY2019Q4 mbwm Aggregate Local Deposit Liabilities
AggregateLocalDepositLiabilities
2556925000 USD
CY2019Q4 mbwm Aggregate Percentage Of Local Deposits
AggregatePercentageOfLocalDeposits
0.950 pure
mbwm Aggregate Percentage Increase Decrease In Local Deposits
AggregatePercentageIncreaseDecreaseInLocalDeposits
0.293 pure
CY2020Q3 mbwm Out Of Area Time Deposits Under100000
OutOfAreaTimeDepositsUnder100000
0 USD
CY2019Q4 mbwm Out Of Area Time Deposits Under100000
OutOfAreaTimeDepositsUnder100000
0 USD
CY2020Q3 mbwm Out Of Area Time Deposits100000 And Over
OutOfAreaTimeDeposits100000AndOver
65961000 USD
CY2020Q3 mbwm Percentage Of Out Of Area Time Deposits100000 And Over
PercentageOfOutOfAreaTimeDeposits100000AndOver
0.020 pure
CY2019Q4 mbwm Out Of Area Time Deposits100000 And Over
OutOfAreaTimeDeposits100000AndOver
133459000 USD
CY2019Q4 mbwm Percentage Of Out Of Area Time Deposits100000 And Over
PercentageOfOutOfAreaTimeDeposits100000AndOver
0.050 pure
mbwm Percentage Of Increase Decrease In Out Of Area Time100000 And Over
PercentageOfIncreaseDecreaseInOutOfAreaTime100000AndOver
-0.506 pure
CY2020Q3 mbwm Aggregate Out Of Area Time Deposits
AggregateOutOfAreaTimeDeposits
65961000 USD
CY2020Q3 mbwm Aggregate Percentage Of Out Of Area Deposits
AggregatePercentageOfOutOfAreaDeposits
0.020 pure
CY2019Q4 mbwm Aggregate Out Of Area Time Deposits
AggregateOutOfAreaTimeDeposits
133459000 USD
CY2019Q4 mbwm Aggregate Percentage Of Out Of Area Deposits
AggregatePercentageOfOutOfAreaDeposits
0.050 pure
mbwm Aggregate Percentage Increase Decrease In Out Of Area Deposits
AggregatePercentageIncreaseDecreaseInOutOfAreaDeposits
-0.506 pure
CY2020Q3 us-gaap Deposits
Deposits
3372034000 USD
CY2020Q3 mbwm Aggregate Percentage Of Deposits
AggregatePercentageOfDeposits
1.000 pure
CY2019Q4 us-gaap Deposits
Deposits
2690384000 USD
CY2019Q4 mbwm Aggregate Percentage Of Deposits
AggregatePercentageOfDeposits
1.000 pure
mbwm Aggregate Increase Decrease In Percentage Of Deposits
AggregateIncreaseDecreaseInPercentageOfDeposits
0.253 pure
CY2020Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
294000000 USD
CY2019Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
320000000 USD
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 5%; margin-left: 18pt; width: 95%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px;"> <tbody> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Nine Months</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Ended</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">September 30,</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2020</p> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Twelve Months</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Ended</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">December 31,</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">2019</p> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 68%;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Outstanding balance at end of period</p> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">157,017,000</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">102,675,000</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Average interest rate at end of period</p> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">0.11</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">%</p> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">0.17</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">%</p> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Average daily balance during the period</p> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">129,091,000</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">105,234,000</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Average interest rate during the period</p> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">0.12</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">%</p> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">0.24</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">%</p> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Maximum daily balance during the period</p> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">173,142,000</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">133,411,000</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </tbody> </table>
CY2020Q3 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
157017000 USD
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
102675000 USD
us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
129091000 USD
CY2019 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
105234000 USD
us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
173142000 USD
CY2019 us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
133411000 USD
CY2020Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
737000000 USD
CY2020Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
337000000 USD
CY2020Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Remainder Of Fiscal Year
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRemainderOfFiscalYear
0 USD
CY2020Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
20000000 USD
CY2020Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
94000000 USD
CY2020Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
80000000 USD
CY2020Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
80000000 USD
CY2020Q3 mbwm Federal Home Loan Bank Advance Maturity After Year Four
FederalHomeLoanBankAdvanceMaturityAfterYearFour
120000000 USD
CY2019Q4 mbwm Reserve Or Liability Balance For Financial Instruments With Off Balance Sheet Risk
ReserveOrLiabilityBalanceForFinancialInstrumentsWithOffBalanceSheetRisk
0 USD
CY2020Q3 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
1361418000 USD
CY2019Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
1038444000 USD
CY2020Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
27800000 USD
CY2019Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
5000000.0 USD
CY2020Q3 mbwm Preferred Securities Of Subsidiary Trust
PreferredSecuritiesOfSubsidiaryTrust
45300000 USD
CY2019Q4 mbwm Preferred Securities Of Subsidiary Trust
PreferredSecuritiesOfSubsidiaryTrust
44800000 USD
mbwm Maximum Restricted Core Element Allowed In Tier One Capital Percent
MaximumRestrictedCoreElementAllowedInTierOneCapitalPercent
0.25 pure
CY2009Q4 mbwm Maximum Level Of Consolidated Aggregate Assets Allowing For Inclusion Of Trust Preferred Securities In Tier One Capital
MaximumLevelOfConsolidatedAggregateAssetsAllowingForInclusionOfTrustPreferredSecuritiesInTierOneCapital
15000000000.0 USD
CY2020Q3 mbwm Trust Preferred Securities Included In Tier One Capital
TrustPreferredSecuritiesIncludedInTierOneCapital
45300000 USD
CY2019Q4 mbwm Trust Preferred Securities Included In Tier One Capital
TrustPreferredSecuritiesIncludedInTierOneCapital
44800000 USD
CY2020Q3 mbwm Capital Conservation Buffer
CapitalConservationBuffer
0.025 pure
CY2020Q3 mbwm Common Equity Tier1 Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTier1RiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.070 pure
CY2020Q3 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.085 pure
CY2020Q3 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.105 pure
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2019Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000.0 USD
CY2020Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
222385
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
6300000 USD
CY2020Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1600000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
38900000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
24.13
CY2020Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
10100000 USD

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