{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-031198","form_type":"8-K","ticker":"MBWM","cik":"0001042729","company_name":"MERCANTILE BANK CORP","filed_at":"2024-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.471362+00:00","generated_at":"2026-05-30T14:19:02.571349+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mercantile Bank Q3 2024 EPS $1.22; loans grow 10.3% annualized, deposits up 30%","bullets":["Net income of $19.6M ($1.22 diluted EPS) vs $20.9M ($1.30) in Q3 2023; net revenue $58.0M.","Net interest margin 3.52% (down from 3.98%); provision for credit losses reduced to $1.1M from $3.3M.","Total loans increased $115M annualized 10.3% led by commercial; local deposits rose $339M (33.7% annualized).","Loan-to-deposit ratio improved to 102% from 110% at Dec 2023; nonperforming assets remain low at 0.2% of assets.","Total assets $5.92B; capital well-capitalized with total risk-based capital ratio 13.9%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-031198","json":"https://secwatch.observer/filing/0001437749-24-031198.json","markdown":"https://secwatch.observer/filing/0001437749-24-031198.md","text":"https://secwatch.observer/filing/0001437749-24-031198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042729/000143774924031198/0001437749-24-031198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042729/000143774924031198/mbwm20240822_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T14:19:02.571349+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}