Robert Kaminski

Mercantile Bank Corp. (MBWM)
     MI
Total Compensation for Fiscal Year Ending in 2023: $1,477,989
Salary $665,700
Bonus $0
Value of Stock Awards $348,673
Value of Option Awards $0
Non-Equity Incentive Plan Compensation $366,135
Change in Pension Value and Deferred Compensation Earnings $270
All Other Compensation $97,211
Total $1,477,989
Mercantile Bank Corp. disclosed its CEO pay was
23
times its median employee's pay for the fiscal year ending in 2023.
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