2021 Q4 Form 10-Q Financial Statement

#000143774921025404 Filed on November 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $37.05M $35.89M $35.59M
YoY Change -1.53% 0.83% -11.71%
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 $3.480M $1.500M $1.300M
YoY Change 9.78% 15.38% 44.44%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $4.764M $6.085M
YoY Change -21.71% -30.15%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $15.22M $18.58M $13.19M
YoY Change -14.21% 40.85% -15.18%
Income Tax $3.580M $3.531M $2.507M
% Of Pretax Income 23.52% 19.0% 19.0%
Net Earnings $11.64M $15.05M $10.69M
YoY Change -17.35% 40.85% -15.19%
Net Earnings / Revenue 31.42% 41.94% 30.02%
Basic Earnings Per Share $0.74 $0.95 $0.66
Diluted Earnings Per Share $0.74 $0.95 $0.66
COMMON SHARES
Basic Shares Outstanding 15.67M 15.86M 16.23M
Diluted Shares Outstanding 15.86M 16.23M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $975.2M
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 $57.30M $57.47M $60.45M
YoY Change -2.82% -4.93% 10.74%
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 $5.258B $4.964B $4.421B
YoY Change 18.49% 12.3% 19.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.60M $25.20M $18.30M
YoY Change 1.23% 37.7% -14.49%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $197.5M $175.9M $157.0M
YoY Change 66.81% 12.04% 50.96%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $24.60M $25.20M $18.30M
YoY Change 1.23% 37.7% -14.49%
LONG-TERM LIABILITIES
Long-Term Debt $121.9M $48.10M $47.40M
YoY Change 156.09% 1.48% 1.5%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $121.9M $48.10M $47.40M
YoY Change 156.09% 1.48% 1.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.60M $25.20M $18.30M
Total Long-Term Liabilities $121.9M $48.10M $47.40M
Total Liabilities $4.801B $4.512B $3.989B
YoY Change 20.16% 13.12% 20.75%
SHAREHOLDERS EQUITY
Retained Earnings $174.5M $167.5M $124.5M
YoY Change 30.21% 34.62% 25.87%
Common Stock $285.8M $285.0M $301.9M
YoY Change -5.39% -5.59% -0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $456.6M $452.3M $431.9M
YoY Change
Total Liabilities & Shareholders Equity $5.258B $4.964B $4.421B
YoY Change 18.49% 12.3% 19.14%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $11.64M $15.05M $10.69M
YoY Change -17.35% 40.85% -15.19%
Depreciation, Depletion And Amortization $3.480M $1.500M $1.300M
YoY Change 9.78% 15.38% 44.44%
Cash From Operating Activities $45.40M -$3.010M $28.70M
YoY Change 110.48% -110.49% 362.16%
INVESTING ACTIVITIES
Capital Expenditures -$1.350M -$690.0K -$2.770M
YoY Change -24.58% -75.09% -26.13%
Acquisitions
YoY Change
Other Investing Activities -$177.7M -$121.0M -$37.55M
YoY Change -421.08% 222.21% -3.45%
Cash From Investing Activities -$179.1M -$121.7M -$40.32M
YoY Change -434.34% 201.81% -5.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 283.5M 190.5M 94.99M
YoY Change -7720.16% 100.57% -17.07%
NET CHANGE
Cash From Operating Activities 45.40M -3.010M 28.70M
Cash From Investing Activities -179.1M -121.7M -40.32M
Cash From Financing Activities 283.5M 190.5M 94.99M
Net Change In Cash 149.8M 65.82M 83.37M
YoY Change 109.77% -21.05% 6.73%
FREE CASH FLOW
Cash From Operating Activities $45.40M -$3.010M $28.70M
Capital Expenditures -$1.350M -$690.0K -$2.770M
Free Cash Flow $46.75M -$2.320M $31.47M
YoY Change 100.13% -107.37% 215.96%

Facts In Submission

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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37107000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3531000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2507000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11114000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7051000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
15051000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
10686000 USD
us-gaap Net Income Loss
NetIncomeLoss
47382000 USD
us-gaap Net Income Loss
NetIncomeLoss
30056000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.95
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.85
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.95
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.95
CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.28
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.88
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.84
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15859955
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16233196
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16084806
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16265208
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.85
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15860314
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16233666
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16085274
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16265986
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
15051000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
10686000 USD
us-gaap Net Income Loss
NetIncomeLoss
47382000 USD
us-gaap Net Income Loss
NetIncomeLoss
30056000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2281000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-675000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-7318000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2352000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-479000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-143000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1536000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
494000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1802000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-532000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5782000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1858000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13249000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10154000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
41600000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
31914000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
451888000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
13000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
237000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
50000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
448000 USD
CY2021Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
8947000 USD
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4660000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
15051000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1802000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
452278000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
441554000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
35000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
648000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
344000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
50000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1725000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
19798000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
13880000 USD
us-gaap Net Income Loss
NetIncomeLoss
47382000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-5782000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
452278000 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
us-gaap Net Income Loss
NetIncomeLoss
47382000 USD
us-gaap Net Income Loss
NetIncomeLoss
30056000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
10200000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6262000 USD
mbwm Discount Accretion On Acquired Loans
DiscountAccretionOnAcquiredLoans
102000 USD
mbwm Discount Accretion On Acquired Loans
DiscountAccretionOnAcquiredLoans
337000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-900000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
11550000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1725000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2102000 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
344000 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
394000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
509763000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
505602000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
510571000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
506683000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
23551000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
20055000 USD
mbwm Net Gain Loss From Sale And Valuation Write Down Of Foreclosed Assets
NetGainLossFromSaleAndValuationWriteDownOfForeclosedAssets
74000 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 Former Bank Premises
NetGainLossFromSaleAndValuationWriteDownOfFormerBankPremises
-243000 USD
mbwm Net Gain Loss From Sale And Valuation Write Down Of Former Bank Premises
NetGainLossFromSaleAndValuationWriteDownOfFormerBankPremises
27000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-246000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-54000 USD
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
872000 USD
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
933000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
1058000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-0 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-853000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1080000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15369000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6269000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
910000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-4147000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19169000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16306000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
129522000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
472417000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
257967000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
270119000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
77531000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
296895000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
181000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
313000 USD
mbwm Proceeds From Sale Of Former Bank Premises
ProceedsFromSaleOfFormerBankPremises
270000 USD
mbwm Proceeds From Sale Of Former Bank Premises
ProceedsFromSaleOfFormerBankPremises
162000 USD
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
2679000 USD
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
-0 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
4250000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
7201000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-316436000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-452367000 USD
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-113842000 USD
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-65389000 USD
us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
585924000 USD
us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
747039000 USD
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
57485000 USD
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
54342000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
-0 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
20000000 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
0 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
60000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
50000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
35000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
37000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
648000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
610000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19798000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6282000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13880000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13436000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
496622000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
756921000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
199355000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
320860000 USD
CY2020Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
626006000 USD
CY2019Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
233731000 USD
CY2021Q3 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
825361000 USD
CY2020Q3 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
554591000 USD
us-gaap Interest Paid Net
InterestPaidNet
15826000 USD
us-gaap Interest Paid Net
InterestPaidNet
21798000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14450000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7950000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
30000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
146000 USD
mbwm Transfer Of Bank Premises To Other Real Estate Owned
TransferOfBankPremisesToOtherRealEstateOwned
0 USD
mbwm Transfer Of Bank Premises To Other Real Estate Owned
TransferOfBankPremisesToOtherRealEstateOwned
179000 USD
CY2021Q3 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
CY2021Q3 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
49100000 USD
CY2020Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
24000000.0 USD
CY2021Q3 us-gaap Servicing Asset
ServicingAsset
1260000000 USD
CY2020Q4 us-gaap Servicing Asset
ServicingAsset
1040000000.00 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="text-decoration: underline; ">Out-of-Period Adjustment</span>: During the <em style="font: inherit;">second</em> quarter of <em style="font: inherit;">2021,</em> a formula error was identified in the spreadsheet used to calculate and record the present values of right-to-use assets consisting of several banking offices along with various printer and copy machines. As a result, Premises and Equipment, Net and Other Liabilities on our Consolidated Balance Sheets were understated by $2.8 million and $2.7 million as of <em style="font: inherit;"> December 31, 2020 </em>and <em style="font: inherit;"> March 31, 2021, </em>respectively. There was <em style="font: inherit;">no</em> impact to our Consolidated Statements of Income. We evaluated the impact, both individually and in the aggregate, and determined these out-of-period adjustments were <em style="font: inherit;">not</em> material to our Consolidated Balance Sheets in the respective impacted periods.
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
559938000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
5582000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
5956000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
559564000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
380403000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
7843000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
899000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
387347000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
341046000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
4954000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
49160000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1002000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
390206000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
5956000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
119073000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
899000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
119073000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
899000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
291 pure
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
390000000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
6000000.0 USD
CY2021Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
0 USD
CY2021Q3 mbwm Weighted Average Yield Of Securities Portfolio Due In One Year Or Less
WeightedAverageYieldOfSecuritiesPortfolioDueInOneYearOrLess
0.0225 pure
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearAmortizedCostBasis
545000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearFairValue
547000 USD
CY2021Q3 mbwm Weighted Average Yield Of Securities Portfolio Due From One To Five Years
WeightedAverageYieldOfSecuritiesPortfolioDueFromOneToFiveYears
0.0101 pure
CY2021Q3 mbwm Debt Securities Availableforsale Amortized Cost Maturity Allocated And Single Maturity Date Year One Through Five
DebtSecuritiesAvailableforsaleAmortizedCostMaturityAllocatedAndSingleMaturityDateYearOneThroughFive
187220000 USD
CY2021Q3 mbwm Debt Securities Availableforsale Fair Value Maturity Allocated And Single Maturity Date Year One Through Five
DebtSecuritiesAvailableforsaleFairValueMaturityAllocatedAndSingleMaturityDateYearOneThroughFive
188005000 USD
CY2021Q3 mbwm Weighted Average Yield Of Securities Portfolio Due From Five To Ten Years
WeightedAverageYieldOfSecuritiesPortfolioDueFromFiveToTenYears
0.0156 pure
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
266478000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
265719000 USD
CY2021Q3 mbwm Weighted Average Yield Of Securities Portfolio Due Afterten Years
WeightedAverageYieldOfSecuritiesPortfolioDueAftertenYears
0.0198 pure
CY2021Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3313709000 USD
CY2021Q3 mbwm Loan Portfolio Classes And Segments As Percentage Of Aggregate Loan
LoanPortfolioClassesAndSegmentsAsPercentageOfAggregateLoan
1.000 pure
CY2020Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3193470000 USD
CY2020Q4 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
0.038 pure
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
65896000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
65340000 USD
CY2021Q3 mbwm Weighted Average Yield Of Securities Portfolio
WeightedAverageYieldOfSecuritiesPortfolio
0.0144 pure
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
559938000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
559564000 USD
CY2021Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3310000000 USD
CY2020Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3190000000 USD
mbwm Loans And Leases Receivable Period Increase Decrease
LoansAndLeasesReceivablePeriodIncreaseDecrease
120000000 USD
mbwm Loans And Leases Receivable Percentage Period Increase Decrease
LoansAndLeasesReceivablePercentagePeriodIncreaseDecrease
0.038 pure
CY2021Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3313709000 USD
CY2021Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2020Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3193470000 USD
CY2020Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2021Q3 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
20453000 USD
CY2021Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
19102000 USD
CY2021Q3 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
18958000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
20892000 USD
CY2021Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
4326000 USD
CY2021Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
4307000 USD
CY2021Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
765000 USD
CY2021Q3 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
4703000 USD
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
3387000 USD
CY2021Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
24779000 USD
CY2021Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
23409000 USD
CY2021Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
765000 USD
CY2021Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
23661000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
24279000 USD
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
26892000 USD
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
24738000 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
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
2266000 USD
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2220000 USD
CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
551000 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
CY2020Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
29158000 USD
CY2020Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
26958000 USD
CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
551000 USD
CY2020Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
18173000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
18329000 USD
CY2021Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
400000 USD
CY2020Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
200000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
1200000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
800000 USD
CY2021Q3 mbwm Loans And Leases Receivable Nonaccrual Loans Interest Income Recognized
LoansAndLeasesReceivableNonaccrualLoansInterestIncomeRecognized
0 USD
CY2021Q3 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
100000 USD
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
200000 USD
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
35913000 USD
CY2021Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1900000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
743000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
353000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
37423000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
37967000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-900000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
865000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1221000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
37423000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
765000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
36658000 USD
CY2021Q3 mbwm Loans And Leases Receivable Net Of Deferred Income Excluding Ppp Loans
LoansAndLeasesReceivableNetOfDeferredIncomeExcludingPPPLoans
3198056000 USD
CY2021Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
23409000 USD
CY2021Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
3174647000 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
CY2020Q4 mbwm Loans And Leases Receivable Net Of Deferred Income Excluding Ppp Loans
LoansAndLeasesReceivableNetOfDeferredIncomeExcludingPPPLoans
2828211000 USD
CY2020Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
26958000 USD
CY2020Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2801253000 USD
CY2021Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
3 pure
CY2021Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
279000 USD
CY2021Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
278000 USD
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
18 pure
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
4333000 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
4329000 USD
CY2021Q3 us-gaap Deposits
Deposits
3870000000 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
mbwm Minimum Number Of Days Past Due At Period End For Loans Modified As Troubled Debt Restructurings
MinimumNumberOfDaysPastDueAtPeriodEndForLoansModifiedAsTroubledDebtRestructurings
P30D
CY2021Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 pure
CY2021Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
5000 USD
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 pure
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
5000 USD
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
CY2021Q3 mbwm Allowance For Credit Losses Troubled Debt Restructuring
AllowanceForCreditLossesTroubledDebtRestructuring
598000 USD
CY2020Q4 mbwm Allowance For Credit Losses Troubled Debt Restructuring
AllowanceForCreditLossesTroubledDebtRestructuring
467000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
94169000 USD
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
35442000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
35210000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57465000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
58959000 USD
CY2021Q3 us-gaap Depreciation
Depreciation
1500000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
1300000 USD
us-gaap Depreciation
Depreciation
4300000 USD
us-gaap Depreciation
Depreciation
3800000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
457000000 USD
mbwm Aggregate Increase Decrease In Percentage Of Deposits
AggregateIncreaseDecreaseInPercentageOfDeposits
0.134 pure
CY2021Q3 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
1647380000 USD
CY2021Q3 mbwm Percentage Of Non Interest Bearing Domestic Deposits To Deposits Demand
PercentageOfNonInterestBearingDomesticDepositsToDepositsDemand
0.426 pure
CY2020Q4 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
1433403000 USD
CY2020Q4 mbwm Percentage Of Non Interest Bearing Domestic Deposits To Deposits Demand
PercentageOfNonInterestBearingDomesticDepositsToDepositsDemand
0.420 pure
mbwm Percentage Of Increase Decrease In Non Interest Bearing Demand Deposits
PercentageOfIncreaseDecreaseInNonInterestBearingDemandDeposits
0.149 pure
CY2021Q3 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
535983000 USD
CY2021Q3 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Checking
PercentageOfInterestBearingDomesticDepositsToDepositsChecking
0.139 pure
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
473053000 USD
CY2020Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Checking
PercentageOfInterestBearingDomesticDepositsToDepositsChecking
0.139 pure
mbwm Percentage Of Increase Decrease Of Interest Bearing Checking Deposits
PercentageOfIncreaseDecreaseOfInterestBearingCheckingDeposits
0.133 pure
CY2021Q3 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
854763000 USD
CY2021Q3 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Money Market
PercentageOfInterestBearingDomesticDepositsToDepositsMoneyMarket
0.221 pure
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
611912000 USD
CY2020Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Money Market
PercentageOfInterestBearingDomesticDepositsToDepositsMoneyMarket
0.179 pure
mbwm Percentage Of Increase Decrease In Money Market Deposits
PercentageOfIncreaseDecreaseInMoneyMarketDeposits
0.397 pure
CY2021Q3 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
392298000 USD
CY2021Q3 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Savings
PercentageOfInterestBearingDomesticDepositsToDepositsSavings
0.101 pure
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
338070000 USD
CY2020Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Savings
PercentageOfInterestBearingDomesticDepositsToDepositsSavings
0.099 pure
mbwm Percentage Of Increase Or Decrease Of Savings Deposits
PercentageOfIncreaseOrDecreaseOfSavingsDeposits
0.160 pure
CY2021Q3 mbwm Domestic Time Deposits Less Than100000
DomesticTimeDepositsLessThan100000
139031000 USD
CY2021Q3 mbwm Percentage Of Domestic Time Deposits Under100000
PercentageOfDomesticTimeDepositsUnder100000
0.036 pure
CY2020Q4 mbwm Domestic Time Deposits Less Than100000
DomesticTimeDepositsLessThan100000
165548000 USD
CY2020Q4 mbwm Percentage Of Domestic Time Deposits Under100000
PercentageOfDomesticTimeDepositsUnder100000
0.049 pure
mbwm Percentage Of Increase Decrease In Domestic Time Deposits Under100000
PercentageOfIncreaseDecreaseInDomesticTimeDepositsUnder100000
-0.160 pure
CY2021Q3 mbwm Domestic Time Deposits100000 Or More
DomesticTimeDeposits100000OrMore
275623000 USD
CY2021Q3 mbwm Percentage Of Domestic Time Deposits100000 And Over
PercentageOfDomesticTimeDeposits100000AndOver
0.071 pure
CY2020Q4 mbwm Domestic Time Deposits100000 Or More
DomesticTimeDeposits100000OrMore
342633000 USD
CY2020Q4 mbwm Percentage Of Domestic Time Deposits100000 And Over
PercentageOfDomesticTimeDeposits100000AndOver
0.100 pure
mbwm Percentage Of Increase Decrease In Domestic Time Deposits100000 And Over
PercentageOfIncreaseDecreaseInDomesticTimeDeposits100000AndOver
-0.196 pure
CY2021Q3 mbwm Aggregate Local Deposit Liabilities
AggregateLocalDepositLiabilities
3845078000 USD
CY2021Q3 mbwm Aggregate Percentage Of Local Deposits
AggregatePercentageOfLocalDeposits
0.994 pure
CY2020Q4 mbwm Aggregate Local Deposit Liabilities
AggregateLocalDepositLiabilities
3364619000 USD
CY2020Q4 mbwm Aggregate Percentage Of Local Deposits
AggregatePercentageOfLocalDeposits
0.986 pure
mbwm Aggregate Percentage Increase Decrease In Local Deposits
AggregatePercentageIncreaseDecreaseInLocalDeposits
0.143 pure
CY2021Q3 mbwm Out Of Area Time Deposits100000 And Over
OutOfAreaTimeDeposits100000AndOver
23913000 USD
CY2021Q3 mbwm Percentage Of Out Of Area Time Deposits100000 And Over
PercentageOfOutOfAreaTimeDeposits100000AndOver
0.006 pure
CY2020Q4 mbwm Out Of Area Time Deposits100000 And Over
OutOfAreaTimeDeposits100000AndOver
46934000 USD
CY2020Q4 mbwm Percentage Of Out Of Area Time Deposits100000 And Over
PercentageOfOutOfAreaTimeDeposits100000AndOver
0.014 pure
mbwm Percentage Of Increase Decrease In Out Of Area Time100000 And Over
PercentageOfIncreaseDecreaseInOutOfAreaTime100000AndOver
-0.490 pure
CY2021Q3 mbwm Preferred Securities Of Subsidiary Trust
PreferredSecuritiesOfSubsidiaryTrust
46000000.0 USD
CY2020Q4 mbwm Preferred Securities Of Subsidiary Trust
PreferredSecuritiesOfSubsidiaryTrust
45500000 USD
CY2021Q3 us-gaap Deposits
Deposits
3868991000 USD
CY2021Q3 mbwm Aggregate Percentage Of Deposits
AggregatePercentageOfDeposits
1.000 pure
CY2020Q4 us-gaap Deposits
Deposits
3411553000 USD
CY2020Q4 mbwm Aggregate Percentage Of Deposits
AggregatePercentageOfDeposits
1.000 pure
mbwm Aggregate Increase Decrease In Percentage Of Deposits
AggregateIncreaseDecreaseInPercentageOfDeposits
0.134 pure
CY2021Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
202000000 USD
CY2020Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
272000000 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: Times New Roman; text-indent: 0px;"><tbody><tr style="vertical-align: bottom;"><td style="font-family: Times New Roman; font-size: 10pt;"> </td><td style="font-family: Times New Roman; font-size: 10pt;"> </td><td colspan="2" style="text-align: center; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">Nine Months</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">Ended</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">September 30,</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">2021</p> </td><td style="font-family: Times New Roman; font-size: 10pt; padding-bottom: 1px;"> </td><td style="font-family: Times New Roman; font-size: 10pt;"> </td><td colspan="2" style="text-align: center; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">Twelve Months</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">Ended</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">December 31,</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">2020</p> </td><td style="font-family: Times New Roman; 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: Times New Roman; font-size: 10pt; width: 68%;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt;">Outstanding balance at end of period</p> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">175,850,000</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">118,365,000</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"><td style="font-family: Times New Roman; font-size: 10pt;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt;">Average interest rate at end of period</p> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">0.11</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">%</p> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">0.12</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">%</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: Times New Roman; font-size: 10pt;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt;">Average daily balance during the period</p> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">151,522,000</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">132,880,000</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-family: Times New Roman; font-size: 10pt;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt;">Average interest rate during the period</p> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">0.11</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">%</p> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">0.12</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">%</p> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"><td style="font-family: Times New Roman; font-size: 10pt;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt;">Maximum daily balance during the period</p> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">195,570,000</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">173,186,000</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td></tr> </tbody></table>
CY2021Q3 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
175850000 USD
CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
118365000 USD
us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
151522000 USD
CY2020 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
132880000 USD
us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
195570000 USD
CY2020 us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
173186000 USD
CY2021Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
760000000 USD
CY2021Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
360000000 USD
CY2021Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due In Remainder Of Fiscal Year
FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRemainderOfFiscalYear
20000000 USD
CY2021Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
94000000 USD
CY2021Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
80000000 USD
CY2021Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
80000000 USD
CY2021Q3 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
50000000 USD
CY2021Q3 mbwm Federal Home Loan Bank Advance Maturity After Year Four
FederalHomeLoanBankAdvanceMaturityAfterYearFour
70000000 USD
CY2021Q3 mbwm Reserve Or Liability Balance For Financial Instruments With Off Balance Sheet Risk
ReserveOrLiabilityBalanceForFinancialInstrumentsWithOffBalanceSheetRisk
0 USD
CY2021Q3 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
1573219000 USD
CY2020Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
1430195000 USD
CY2021Q3 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
49100000 USD
CY2020Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
24000000.0 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
CY2021Q3 mbwm Trust Preferred Securities Included In Tier One Capital
TrustPreferredSecuritiesIncludedInTierOneCapital
46000000.0 USD
CY2020Q4 mbwm Trust Preferred Securities Included In Tier One Capital
TrustPreferredSecuritiesIncludedInTierOneCapital
45500000 USD
CY2021Q3 mbwm Capital Conservation Buffer
CapitalConservationBuffer
0.025 pure
CY2021Q3 mbwm Common Equity Tier1 Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTier1RiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.070 pure
CY2021Q3 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.085 pure
CY2021Q3 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.105 pure
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.29
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.29
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000.0 USD
CY2019Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000.0 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
636000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
19800000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
31.14
CY2021Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
8400000 USD

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