Mercantile Bank Corp (MBWM)
Grand Rapids, MI
Total Compensation for Fiscal Year Ending in 2024: $1,181,790
| Salary | $627,500 |
|---|---|
| Bonus | $0 |
| Value of Stock Awards | $0 |
| Value of Option Awards | $0 |
| Non-Equity Incentive Plan Compensation | $458,850 |
| Change in Pension Value and Deferred Compensation Earnings | $0 |
| All Other Compensation | $95,440 |
| Total | $1,181,790 |
Mercantile Bank Corp disclosed its CEO pay was
19
times its median employee's pay for the fiscal year ending in 2024.
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