2024 Q1 Form 10-K Financial Statement

#000143774924006268 Filed on March 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $76.72M $271.4M
YoY Change 26.85% 49.23%
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 $1.600M $2.596M $6.000M
YoY Change 6.67% -15.99% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $29.36M $77.81M
YoY Change 142.65% 229.79%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $26.99M $25.21M $102.7M
YoY Change 3.25% -6.19% 35.5%
Income Tax $5.423M $5.179M $20.48M
% Of Pretax Income 20.1% 20.54% 19.94%
Net Earnings $21.56M $20.03M $82.22M
YoY Change 2.8% -8.13% 34.64%
Net Earnings / Revenue 28.1% 30.3%
Basic Earnings Per Share $1.34 $5.13
Diluted Earnings Per Share $1.34 $1.25 $5.13
COMMON SHARES
Basic Shares Outstanding 16.12M 16.02M 16.02M
Diluted Shares Outstanding 16.12M 16.02M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $237.2M $130.5M
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 $50.84M $50.93M $50.93M
YoY Change -1.31% -1.06% -1.06%
Goodwill $49.47M $49.47M
YoY Change 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 $5.466B $5.353B $5.353B
YoY Change 11.64% 9.86% 9.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $106.9M $93.90M $93.90M
YoY Change 52.6% 20.06% 20.06%
Accrued Expenses $4.700M $3.700M $3.700M
YoY Change 20.51% 5.71% 5.71%
Deferred Revenue
YoY Change
Short-Term Debt $228.6M $229.7M $229.7M
YoY Change -6.56% 18.21% 18.21%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $335.5M $323.6M $323.6M
YoY Change 6.61% 313.8% 313.8%
LONG-TERM LIABILITIES
Long-Term Debt $138.9M $138.6M $138.6M
YoY Change 0.75% 0.75% 0.75%
Other Long-Term Liabilities -$1.000K
YoY Change
Total Long-Term Liabilities $138.9M $138.6M $138.6M
YoY Change 0.75% 0.75% 0.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $335.5M $323.6M $323.6M
Total Long-Term Liabilities $138.9M $138.6M $138.6M
Total Liabilities $4.929B $4.831B $4.831B
YoY Change 11.31% 9.02% 9.02%
SHAREHOLDERS EQUITY
Retained Earnings $293.6M $277.5M
YoY Change 26.46% 28.3%
Common Stock $296.1M $295.1M
YoY Change 1.56% 1.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $536.6M $522.1M $522.1M
YoY Change
Total Liabilities & Shareholders Equity $5.466B $5.353B $5.353B
YoY Change 11.64% 9.86% 9.86%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $21.56M $20.03M $82.22M
YoY Change 2.8% -8.13% 34.64%
Depreciation, Depletion And Amortization $1.600M $2.596M $6.000M
YoY Change 6.67% -15.99% 0.0%
Cash From Operating Activities $40.24M -$7.287M $66.61M
YoY Change 122.73% -119.66% -44.43%
INVESTING ACTIVITIES
Capital Expenditures $1.461M $587.0K $6.687M
YoY Change -41.75% -31.02% 121.64%
Acquisitions
YoY Change
Other Investing Activities -$11.71M -$198.3M -$389.2M
YoY Change -78.57% 287.76% -29.48%
Cash From Investing Activities -$13.17M -$198.8M -$395.9M
YoY Change -76.95% 282.35% -28.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $79.63M 70.68M $363.1M
YoY Change 33499.16% -141.02% -181.91%
NET CHANGE
Cash From Operating Activities $40.24M -7.287M $66.61M
Cash From Investing Activities -$13.17M -198.8M -$395.9M
Cash From Financing Activities $79.63M 70.68M $363.1M
Net Change In Cash $106.7M -135.4M $33.76M
YoY Change -374.75% -27.67% -103.84%
FREE CASH FLOW
Cash From Operating Activities $40.24M -$7.287M $66.61M
Capital Expenditures $1.461M $587.0K $6.687M
Free Cash Flow $38.78M -$7.874M $59.93M
YoY Change 149.25% -121.74% -48.71%

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CY2022 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1678000 usd
CY2021 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1164000 usd
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0 usd
CY2022 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
CY2021 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
1058000 usd
CY2023 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
2725000 usd
CY2022 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1901000 usd
CY2021 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
2768000 usd
CY2023 us-gaap Noninterest Income
NoninterestIncome
32143000 usd
CY2022 us-gaap Noninterest Income
NoninterestIncome
32077000 usd
CY2021 us-gaap Noninterest Income
NoninterestIncome
56220000 usd
CY2023 us-gaap Labor And Related Expense
LaborAndRelatedExpense
68801000 usd
CY2022 us-gaap Labor And Related Expense
LaborAndRelatedExpense
65124000 usd
CY2021 us-gaap Labor And Related Expense
LaborAndRelatedExpense
66447000 usd
CY2023 us-gaap Occupancy Net
OccupancyNet
9150000 usd
CY2022 us-gaap Occupancy Net
OccupancyNet
8362000 usd
CY2021 us-gaap Occupancy Net
OccupancyNet
8088000 usd
CY2023 us-gaap Equipment Expense
EquipmentExpense
3464000 usd
CY2022 us-gaap Equipment Expense
EquipmentExpense
3614000 usd
CY2021 us-gaap Equipment Expense
EquipmentExpense
3654000 usd
CY2023 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
11618000 usd
CY2022 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
12359000 usd
CY2021 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
11104000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
1565000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
1445000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
1175000 usd
CY2023 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
2258000 usd
CY2022 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1239000 usd
CY2021 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1820000 usd
CY2023 mbwm Charitable Foundation Contribution Expense
CharitableFoundationContributionExpense
666000 usd
CY2022 mbwm Charitable Foundation Contribution Expense
CharitableFoundationContributionExpense
1514000 usd
CY2021 mbwm Charitable Foundation Contribution Expense
CharitableFoundationContributionExpense
4020000 usd
CY2023 us-gaap Other Noninterest Expense
OtherNoninterestExpense
17767000 usd
CY2022 us-gaap Other Noninterest Expense
OtherNoninterestExpense
14324000 usd
CY2021 us-gaap Other Noninterest Expense
OtherNoninterestExpense
14558000 usd
CY2023 us-gaap Noninterest Expense
NoninterestExpense
115289000 usd
CY2022 us-gaap Noninterest Expense
NoninterestExpense
107981000 usd
CY2021 us-gaap Noninterest Expense
NoninterestExpense
110866000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
102699000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
75790000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
73716000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20482000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14727000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14695000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
82217000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
61063000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
59021000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.13
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.85
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.69
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.13
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.85
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.69
CY2023 us-gaap Net Income Loss
NetIncomeLoss
82217000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
61063000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
59021000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
18804000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-77990000 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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CY2023 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
18804000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-77990000 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
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CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
3950000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2023 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
3950000 usd
CY2022 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
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CY2021 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
14854000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9215000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
49806000 usd
CY2020Q4 us-gaap Stockholders Equity
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441554000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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48000 usd
CY2021 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
877000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
50000 usd
CY2021 us-gaap Stock Issued During Period Value Issued For Services
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344000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3784000 usd
CY2021 us-gaap Stock Repurchased And Retired During Period Value
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21380000 usd
CY2021 us-gaap Dividends Common Stock Cash
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18524000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
59021000 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
456559000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
456559000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
45000 usd
CY2022 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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867000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
36000 usd
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
359000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3377000 usd
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19602000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
61063000 usd
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
441408000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
441408000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
45000 usd
CY2023 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
891000 usd
CY2023 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
350000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3384000 usd
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
21004000 usd
CY2023 us-gaap Net Income Loss
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82217000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
14854000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
522145000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
82217000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
61063000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
59021000 usd
CY2023 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
11496000 usd
CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
12945000 usd
CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
13678000 usd
CY2023 mbwm Discount Accretion On Acquired Loans
DiscountAccretionOnAcquiredLoans
-0 usd
CY2022 mbwm Discount Accretion On Acquired Loans
DiscountAccretionOnAcquiredLoans
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CY2021 mbwm Discount Accretion On Acquired Loans
DiscountAccretionOnAcquiredLoans
135000 usd
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
7700000 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
6550000 usd
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2036000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2020000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
3384000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3377000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
3784000 usd
CY2023 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
350000 usd
CY2022 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
359000 usd
CY2021 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
344000 usd
CY2023 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
196217000 usd
CY2022 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
237779000 usd
CY2021 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
686418000 usd
CY2023 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
204727000 usd
CY2022 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
217030000 usd
CY2021 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
649245000 usd
CY2023 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
6532000 usd
CY2022 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
8197000 usd
CY2021 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
30402000 usd
CY2023 mbwm Net Gain Loss From Sale And Valuation Write Down Of Foreclosed Assets
NetGainLossFromSaleAndValuationWriteDownOfForeclosedAssets
419000 usd
CY2022 mbwm Net Gain Loss From Sale And Valuation Write Down Of Foreclosed Assets
NetGainLossFromSaleAndValuationWriteDownOfForeclosedAssets
69000 usd
CY2021 mbwm Net Gain Loss From Sale And Valuation Write Down Of Foreclosed Assets
NetGainLossFromSaleAndValuationWriteDownOfForeclosedAssets
78000 usd
CY2023 mbwm Net Gain Loss From Sale And Valuation Write Down Of Former Bank Premises
NetGainLossFromSaleAndValuationWriteDownOfFormerBankPremises
-2000 usd
CY2022 mbwm Net Gain Loss From Sale And Valuation Write Down Of Former Bank Premises
NetGainLossFromSaleAndValuationWriteDownOfFormerBankPremises
-275000 usd
CY2021 mbwm Net Gain Loss From Sale And Valuation Write Down Of Former Bank Premises
NetGainLossFromSaleAndValuationWriteDownOfFormerBankPremises
140000 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-471000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
36000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-246000 usd
CY2023 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1500000 usd
CY2022 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1678000 usd
CY2021 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1164000 usd
CY2023 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-0 usd
CY2022 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-0 usd
CY2021 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
1058000 usd
CY2023 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-257000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
45000 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-224000 usd
CY2023 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
4330000 usd
CY2022 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
6165000 usd
CY2021 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
30189000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
437000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12655000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
14252000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
32524000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3513000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
66613000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
119862000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
64573000 usd
CY2023 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
19941000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
107011000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
298708000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
24142000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
17984000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
80432000 usd
CY2023 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
387283000 usd
CY2022 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
462427000 usd
CY2021 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
267899000 usd
CY2023 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
0 usd
CY2022 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
281000 usd
CY2021 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
0 usd
CY2023 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
3792000 usd
CY2022 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
-0 usd
CY2021 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
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CY2023 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
3500000 usd
CY2022 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
4500000 usd
CY2021 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
2000000 usd
CY2023 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 usd
CY2022 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
628000 usd
CY2021 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 usd
CY2023 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
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CY2022 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
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CY2021 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
2679000 usd
CY2023 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
6687000 usd
CY2022 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
3017000 usd
CY2021 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
5602000 usd
CY2023 mbwm Proceeds From Sale Of Former Bank Premises
ProceedsFromSaleOfFormerBankPremises
598000 usd
CY2022 mbwm Proceeds From Sale Of Former Bank Premises
ProceedsFromSaleOfFormerBankPremises
2994000 usd
CY2021 mbwm Proceeds From Sale Of Former Bank Premises
ProceedsFromSaleOfFormerBankPremises
753000 usd
CY2023 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
531000 usd
CY2022 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
69000 usd
CY2021 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
196000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-395932000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
422781000 usd
CY2022 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-57189000 usd
CY2021 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-120512000 usd
CY2023 us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
-234674000 usd
CY2022 us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
-313193000 usd
CY2021 us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
806796000 usd
CY2023 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
35394000 usd
CY2022 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-3123000 usd
CY2021 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
79098000 usd
CY2023 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
240000000 usd
CY2022 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
28263000 usd
CY2021 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
0 usd
CY2023 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
80353000 usd
CY2022 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
94000000 usd
CY2021 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
20000000 usd
CY2023 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
14645000 usd
CY2021 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
73635000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
36000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
50000 usd
CY2023 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
45000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
45000 usd
CY2021 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
48000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
891000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
867000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
877000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
-0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
-0 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
21380000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21004000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19602000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
18524000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
363080000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-443251000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
780088000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
33761000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-878388000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
349154000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
96772000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
975160000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
626006000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
130533000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
96772000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
975160000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
72024000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
21765000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
20352000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
24850000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11200000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17550000 usd
CY2023 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
112000 usd
CY2022 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 usd
CY2021 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
30000 usd
CY2023 mbwm Transfer Of Bank Premises To Other Real Estate Owned
TransferOfBankPremisesToOtherRealEstateOwned
800000 usd
CY2022 mbwm Transfer Of Bank Premises To Other Real Estate Owned
TransferOfBankPremisesToOtherRealEstateOwned
0 usd
CY2021 mbwm Transfer Of Bank Premises To Other Real Estate Owned
TransferOfBankPremisesToOtherRealEstateOwned
0 usd
CY2023 mbwm Transfers Of Premises And Equipment To Other Assets
TransfersOfPremisesAndEquipmentToOtherAssets
0 usd
CY2022 mbwm Transfers Of Premises And Equipment To Other Assets
TransfersOfPremisesAndEquipmentToOtherAssets
2847000 usd
CY2021 mbwm Transfers Of Premises And Equipment To Other Assets
TransfersOfPremisesAndEquipmentToOtherAssets
0 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
193930000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
17438000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
379216000 usd
CY2023Q4 mbwm Number Of Unconsolidated Business Trusts Formed To Issue Trust Preferred Securities
NumberOfUnconsolidatedBusinessTrustsFormedToIssueTrustPreferredSecurities
5 pure
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<span style="text-decoration: underline; ">Use of Estimates</span>: To prepare financial statements in conformity with accounting principles generally accepted in the United States of America, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ. The allowance for credit losses and the fair values measurements are particularly subject to change.
CY2023Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
2600000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
2500000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
65843000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
573146000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
83281000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
641 pure
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
2400000 usd
CY2022Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
1000000 usd
CY2023 mbwm Interest Income On Commercial And Mortgage Loans Discontinued Period
InterestIncomeOnCommercialAndMortgageLoansDiscontinuedPeriod
P90D
CY2023 mbwm Maximum Delinquency Period For Consumer And Credit Card Loans To Be Charged Off
MaximumDelinquencyPeriodForConsumerAndCreditCardLoansToBeChargedOff
P120D
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
549000000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
66100000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
732 pure
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
573000000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
83300000 usd
CY2023Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
16900000 usd
CY2022Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
12800000 usd
CY2023Q4 us-gaap Foreclosed Assets
ForeclosedAssets
200000 usd
CY2022Q4 us-gaap Foreclosed Assets
ForeclosedAssets
0 usd
CY2023Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1253892000 usd
CY2023Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
965863000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-50487000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-65341000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3729000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
680998000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2206000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
66112000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
617092000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
685646000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
571000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
83281000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
602936000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
2729000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
14000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
546018000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
66098000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
548747000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
66112000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
57724000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
56289000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
261591000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
241758000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
279722000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
243791000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
46293000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
45281000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
680998000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
617092000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
4303758000 usd
CY2023Q4 srt Financing Receivable Before Allowance For Credit Loss To Total Percent
FinancingReceivableBeforeAllowanceForCreditLossToTotalPercent
1 pure
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3916619000 usd
CY2022Q4 srt Financing Receivable Before Allowance For Credit Loss To Total Percent
FinancingReceivableBeforeAllowanceForCreditLossToTotalPercent
1 pure
CY2023 mbwm Loans And Leases Receivable Net Of Deferred Income Increase Decrease Percentage
LoansAndLeasesReceivableNetOfDeferredIncomeIncreaseDecreasePercentage
0.099 pure
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
4303758000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3916619000 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 usd
CY2023Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
2342000 usd
CY2023Q4 mbwm Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
1073000 usd
CY2023Q4 mbwm Financing Receivable Nonaccrual Allowance
FinancingReceivableNonaccrualAllowance
241000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3415000 usd
CY2023Q4 mbwm Financing Receivable Nonaccrual Allowance
FinancingReceivableNonaccrualAllowance
241000 usd
CY2023 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
200000 usd
CY2022 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
100000 usd
CY2022Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
1313000 usd
CY2022Q4 mbwm Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
6415000 usd
CY2022Q4 mbwm Financing Receivable Nonaccrual Allowance
FinancingReceivableNonaccrualAllowance
2283000 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
7728000 usd
CY2022Q4 mbwm Financing Receivable Nonaccrual Allowance
FinancingReceivableNonaccrualAllowance
2283000 usd
CY2023Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
751371000 usd
CY2023Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
434453000 usd
CY2023Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
89819000 usd
CY2023Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
96332000 usd
CY2023Q4 mbwm Financing Receivable Term Loan
FinancingReceivableTermLoan
3591730000 usd
CY2023Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
712028000 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
4303758000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteoff
3000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
204000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
0 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
0 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
0 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
283000 usd
CY2023 mbwm Financing Receivable Term Loan Writeoff
FinancingReceivableTermLoanWriteoff
490000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Revolving Writeoff
FinancingReceivableExcludingAccruedInterestRevolvingWriteoff
373000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
863000 usd
CY2023 us-gaap Financing Receivable Revolving Converted To Term Loan During Period
FinancingReceivableRevolvingConvertedToTermLoanDuringPeriod
6400000 usd
CY2022Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1343470000 usd
CY2022Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1016338000 usd
CY2022Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
538303000 usd
CY2022Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
149061000 usd
CY2022Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
79881000 usd
CY2022Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
115181000 usd
CY2022Q4 mbwm Financing Receivable Term Loan
FinancingReceivableTermLoan
3242234000 usd
CY2022Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
674385000 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3916619000 usd
CY2022 us-gaap Financing Receivable Revolving Converted To Term Loan During Period
FinancingReceivableRevolvingConvertedToTermLoanDuringPeriod
1300000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
-2000000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
-1700000 usd
CY2023Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
5400000 usd
CY2022Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
13200000 usd
CY2023Q4 mbwm Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment
400000 usd
CY2022Q4 mbwm Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment
2600000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
42246000 usd
CY2023 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
7700000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
863000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
831000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
49914000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
35363000 usd
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
6550000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
292000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1025000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
42246000 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
37967000 usd
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-4300000 usd
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1044000 usd
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
2740000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
35363000 usd
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
11837000 usd
CY2021Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
12248000 usd
CY2023Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
28813000 usd
CY2022 mbwm Financing Receivable Modified Number Of Contracts
FinancingReceivableModifiedNumberOfContracts
10 pure
CY2022 mbwm Financing Receivable Troubled Debt Restructuring Premodification
FinancingReceivableTroubledDebtRestructuringPremodification
7351000 usd
CY2022 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
7350000 usd
CY2022 mbwm Financing Receivable Troubled Debt Restructuring Subsequent Default Number Of Contracts
FinancingReceivableTroubledDebtRestructuringSubsequentDefaultNumberOfContracts
2 pure
CY2022 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
5665000 usd
CY2023 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
2259000 usd
CY2022 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
2773000 usd
CY2023 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
2753000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
94717000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
90338000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
43789000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
38862000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
50928000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
51476000 usd
CY2023 us-gaap Depreciation
Depreciation
6000000 usd
CY2021 us-gaap Depreciation
Depreciation
5800000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y10M24D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0593 pure
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
2000000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
1300000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
1200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1127000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
720000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
651000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
570000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
380000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1316000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4764000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1072000 usd
CY2023Q4 us-gaap Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding
ContinuingInvolvementWithTransferredFinancialAssetsPrincipalAmountOutstanding
1404388000 usd
CY2022Q4 us-gaap Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding
ContinuingInvolvementWithTransferredFinancialAssetsPrincipalAmountOutstanding
1376143000 usd
CY2023Q4 mbwm Continuing Involvement With Transferred Financial Assets Custodial Escrow Balance
ContinuingInvolvementWithTransferredFinancialAssetsCustodialEscrowBalance
10100000 usd
CY2022Q4 mbwm Continuing Involvement With Transferred Financial Assets Custodial Escrow Balance
ContinuingInvolvementWithTransferredFinancialAssetsCustodialEscrowBalance
11600000 usd
CY2022 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
3184000 usd
CY2023Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
11343000 usd
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
11837000 usd
CY2022Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
0 usd
CY2023Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
19300000 usd
CY2022Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
17700000 usd
CY2023 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.11 pure
CY2023 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.0744 pure
CY2023 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Expected Credit Losses
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueExpectedCreditLosses
0.0029 pure
CY2022 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.1125 pure
CY2022 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.066 pure
CY2022 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Expected Credit Losses
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueExpectedCreditLosses
0.0028 pure
CY2023 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P8Y7M6D
CY2022 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P8Y10M24D
CY2023Q4 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
1247640000 usd
CY2023Q4 mbwm Percentage Of Non Interest Bearing Domestic Deposits To Deposits Demand
PercentageOfNonInterestBearingDomesticDepositsToDepositsDemand
0.321 pure
CY2022Q4 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
1604750000 usd
CY2022Q4 mbwm Percentage Of Non Interest Bearing Domestic Deposits To Deposits Demand
PercentageOfNonInterestBearingDomesticDepositsToDepositsDemand
0.433 pure
CY2023 mbwm Percentage Of Increase Decrease In Non Interest Bearing Demand Deposits
PercentageOfIncreaseDecreaseInNonInterestBearingDemandDeposits
-0.223 pure
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
635790000 usd
CY2023Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Checking
PercentageOfInterestBearingDomesticDepositsToDepositsChecking
0.163 pure
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
575028000 usd
CY2022Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Checking
PercentageOfInterestBearingDomesticDepositsToDepositsChecking
0.155 pure
CY2023 mbwm Percentage Of Increase Decrease Of Interest Bearing Checking Deposits
PercentageOfIncreaseDecreaseOfInterestBearingCheckingDeposits
0.106 pure
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
957434000 usd
CY2023Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Money Market
PercentageOfInterestBearingDomesticDepositsToDepositsMoneyMarket
0.245 pure
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
776723000 usd
CY2022Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Money Market
PercentageOfInterestBearingDomesticDepositsToDepositsMoneyMarket
0.209 pure
CY2023 mbwm Percentage Of Increase Decrease In Money Market Deposits
PercentageOfIncreaseDecreaseInMoneyMarketDeposits
0.233 pure
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
262566000 usd
CY2023Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Savings
PercentageOfInterestBearingDomesticDepositsToDepositsSavings
0.067 pure
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
381602000 usd
CY2022Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Savings
PercentageOfInterestBearingDomesticDepositsToDepositsSavings
0.103 pure
CY2023 mbwm Percentage Of Increase Or Decrease Of Savings Deposits
PercentageOfIncreaseOrDecreaseOfSavingsDeposits
-0.312 pure
CY2023Q4 mbwm Domestic Time Deposits Less Than100000
DomesticTimeDepositsLessThan100000
175741000 usd
CY2023Q4 mbwm Percentage Of Domestic Time Deposits Under100000
PercentageOfDomesticTimeDepositsUnder100000
0.045 pure
CY2022Q4 mbwm Domestic Time Deposits Less Than100000
DomesticTimeDepositsLessThan100000
113099000 usd
CY2022Q4 mbwm Percentage Of Domestic Time Deposits Under100000
PercentageOfDomesticTimeDepositsUnder100000
0.03 pure
CY2023 mbwm Percentage Of Increase Decrease In Domestic Time Deposits Under100000
PercentageOfIncreaseDecreaseInDomesticTimeDepositsUnder100000
0.554 pure
CY2023Q4 mbwm Domestic Time Deposits100000 Or More
DomesticTimeDeposits100000OrMore
453366000 usd
CY2023Q4 mbwm Percentage Of Domestic Time Deposits100000 And Over
PercentageOfDomesticTimeDeposits100000AndOver
0.116 pure
CY2022Q4 mbwm Domestic Time Deposits100000 Or More
DomesticTimeDeposits100000OrMore
261609000 usd
CY2022Q4 mbwm Percentage Of Domestic Time Deposits100000 And Over
PercentageOfDomesticTimeDeposits100000AndOver
0.07 pure
CY2023 mbwm Percentage Of Increase Decrease In Domestic Time Deposits100000 And Over
PercentageOfIncreaseDecreaseInDomesticTimeDeposits100000AndOver
0.733 pure
CY2023Q4 mbwm Aggregate Local Deposit Liabilities
AggregateLocalDepositLiabilities
3732537000 usd
CY2023Q4 mbwm Aggregate Percentage Of Local Deposits
AggregatePercentageOfLocalDeposits
0.957 pure
CY2022Q4 mbwm Aggregate Local Deposit Liabilities
AggregateLocalDepositLiabilities
3712811000 usd
CY2022Q4 mbwm Aggregate Percentage Of Local Deposits
AggregatePercentageOfLocalDeposits
1 pure
CY2023 mbwm Aggregate Percentage Increase Decrease In Local Deposits
AggregatePercentageIncreaseDecreaseInLocalDeposits
0.005 pure
CY2023Q4 mbwm Out Of Area Time Deposits100000 And Over
OutOfAreaTimeDeposits100000AndOver
168381000 usd
CY2023Q4 mbwm Percentage Of Out Of Area Time Deposits100000 And Over
PercentageOfOutOfAreaTimeDeposits100000AndOver
0.043 pure
CY2022Q4 mbwm Out Of Area Time Deposits100000 And Over
OutOfAreaTimeDeposits100000AndOver
0 usd
CY2022Q4 mbwm Percentage Of Out Of Area Time Deposits100000 And Over
PercentageOfOutOfAreaTimeDeposits100000AndOver
0 pure
CY2023Q4 us-gaap Deposits
Deposits
3900918000 usd
CY2023Q4 mbwm Aggregate Percentage Of Deposits
AggregatePercentageOfDeposits
1 pure
CY2022Q4 us-gaap Deposits
Deposits
3712811000 usd
CY2022Q4 mbwm Aggregate Percentage Of Deposits
AggregatePercentageOfDeposits
1 pure
CY2023 mbwm Aggregate Increase Decrease In Percentage Of Deposits
AggregateIncreaseDecreaseInPercentageOfDeposits
0.051 pure
CY2023Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
657307000 usd
CY2022Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
188887000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
61454000 usd
CY2022Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
68434000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
22830000 usd
CY2022Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
22053000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
54486000 usd
CY2022Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
30761000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
1411000 usd
CY2022Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
64573000 usd
CY2023Q4 us-gaap Time Deposits
TimeDeposits
797488000 usd
CY2022Q4 us-gaap Time Deposits
TimeDeposits
374708000 usd
CY2023Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Or Less
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess
167535000 usd
CY2022Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Or Less
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess
40538000 usd
CY2023Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Through Six Months
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsThroughSixMonths
127344000 usd
CY2022Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Through Six Months
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsThroughSixMonths
25141000 usd
CY2023Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Six Months Through12 Months
ContractualMaturitiesTimeDeposits100000OrMoreSixMonthsThrough12Months
210915000 usd
CY2022Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Six Months Through12 Months
ContractualMaturitiesTimeDeposits100000OrMoreSixMonthsThrough12Months
54394000 usd
CY2023Q4 us-gaap Contractual Maturities Time Deposits100000 Or More After12 Months
ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months
115953000 usd
CY2022Q4 us-gaap Contractual Maturities Time Deposits100000 Or More After12 Months
ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months
141536000 usd
CY2023Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
621747000 usd
CY2022Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
261609000 usd
CY2023Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
477000000 usd
CY2022Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
187000000 usd
CY2023 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 5%; margin-left: 27pt; width: 95%; font-size: 10pt; font-family: Times New Roman; text-indent: 0px;"><tbody><tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"><td style="font-family: Times New Roman; font-size: 10pt; padding: 0; margin: 0"> <p style="margin: 0pt; font-size: 10pt; font-family: Times New Roman;">(Dollars in thousands)</p> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; padding: 0; margin: 0"> </td><td colspan="2" rowspan="1" style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; padding: 0px; margin: 0px; border-bottom: 1px solid rgb(0, 0, 0); text-align: center;"><em style="font: inherit;">2023</em></td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; padding: 0; margin: 0"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; padding: 0; margin: 0"> </td><td colspan="2" rowspan="1" style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; padding: 0px; margin: 0px; border-bottom: 1px solid rgb(0, 0, 0); text-align: center;"><em style="font: inherit;">2022</em></td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; padding: 0; margin: 0"> </td></tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"><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: 0pt;">Outstanding balance at year end</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;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">229,734</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">194,340</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td></tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"><td style="font-family: Times New Roman; font-size: 10pt;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Weighted average interest rate at year end</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;">3.17</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;"> </td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">0.75</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">%</td></tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"><td style="font-family: Times New Roman; font-size: 10pt;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Average daily balance during the year</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;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">204,334</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">200,499</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td></tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"><td style="font-family: Times New Roman; font-size: 10pt;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Weighted average interest rate during the year</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;">1.33</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;"> </td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">0.15</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">%</td></tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"><td style="font-family: Times New Roman; font-size: 10pt;"> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Maximum daily balance during the year</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;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">269,324</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt;"> </td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 13%; text-align: right; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;">235,577</td><td style="width: 1%; font-family: Times New Roman; font-size: 10pt; margin-left: 0pt;"> </td></tr> </tbody></table>
CY2023Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
229734000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
194340000 usd
CY2023 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
204334000 usd
CY2022 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
200499000 usd
CY2023 us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
269324000 usd
CY2022 us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
235577000 usd
CY2023Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
903000000 usd
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
429000000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22518000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
16080000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12675000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2036000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1353000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2020000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20482000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14727000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14695000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
697000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
612000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
504000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
0 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
21567000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
15915000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
15481000 usd
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
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CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
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CY2023Q4 mbwm Deferred Tax Assets Non Accrual Loan Interest Income
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CY2023Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
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CY2023Q4 mbwm Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
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CY2022Q4 mbwm Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
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CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
779000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
494000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
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CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
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CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
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CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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CY2023Q4 us-gaap Deferred Tax Liabilities Mortgage Servicing Rights
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DeferredTaxLiabilitiesBusinessCombinationAdjustments
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CY2023Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
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CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
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19987000 usd
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DeferredTaxAssetsLiabilitiesNet
21900000 usd
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CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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0 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
393000
CY2022 mbwm Interest Expense Deferred Compensation Plan
InterestExpenseDeferredCompensationPlan
100000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16015678
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15859889
CY2023Q4 mbwm Related Party Deposits And Repurchase Agreements
RelatedPartyDepositsAndRepurchaseAgreements
20700000 usd
CY2022Q4 mbwm Related Party Deposits And Repurchase Agreements
RelatedPartyDepositsAndRepurchaseAgreements
21500000 usd
CY2023Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
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CY2022Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
1908294000 usd
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.05 pure
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2300000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
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2100000 usd
CY2023Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
19000000 usd
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
3600000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16015678
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15859889
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15986857
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.13
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.85
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.69
CY2023 us-gaap Net Income Loss
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82217000 usd
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15986857
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
12
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
446
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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16015678
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15859901
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15987303
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.13
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.85
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EarningsPerShareDiluted
3.69
CY2023Q4 mbwm Number Of Business Trusts
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5 pure
CY2023Q4 mbwm Business Combination Debt Assumed Number Of Trusts
BusinessCombinationDebtAssumedNumberOfTrusts
4 pure
CY2014Q2 mbwm Fair Value Discount Of Subordinated Debentures Related To Assumed Business Trusts At Time Af Merger
FairValueDiscountOfSubordinatedDebenturesRelatedToAssumedBusinessTrustsAtTimeAfMerger
15000000 usd
CY2014Q2 mbwm Amortization Of Fair Value Discount Related To Subordinated Debentures Of Assumed Business Trusts
AmortizationOfFairValueDiscountRelatedToSubordinatedDebenturesOfAssumedBusinessTrusts
700000 usd
CY2014Q2 mbwm Amortization Period Of Fair Value Discount Related To Subordinated Debentures Of Assumed Business Trusts
AmortizationPeriodOfFairValueDiscountRelatedToSubordinatedDebenturesOfAssumedBusinessTrusts
P21Y6M
CY2023Q4 mbwm Capital Conservation Buffer
CapitalConservationBuffer
0.025 pure
CY2023Q4 mbwm Common Equity Tier1 Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTier1RiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.07 pure
CY2023Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.085 pure
CY2023Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.105 pure
CY2023Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
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151000000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
6800000 usd
CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000 usd
CY2023 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2023Q4 mbwm Preferred Securities Of Subsidiary Trust
PreferredSecuritiesOfSubsidiaryTrust
47600000 usd
CY2022Q4 mbwm Preferred Securities Of Subsidiary Trust
PreferredSecuritiesOfSubsidiaryTrust
46900000 usd
CY2023 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 usd
CY2023Q4 mbwm Trust Preferred Securities Included In Tier One Capital
TrustPreferredSecuritiesIncludedInTierOneCapital
47600000 usd
CY2022Q4 mbwm Trust Preferred Securities Included In Tier One Capital
TrustPreferredSecuritiesIncludedInTierOneCapital
46900000 usd

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