The Credit Agreement is for a $30.0 million term loan to fund the purchase price and related expenses of the Merger (defined below) and for working capital purposes.
Our sweep account program entails transferring collected funds from certain business noninterest-bearing checking accounts and savings deposits into overnight interest-bearing repurchase agreements.
Our sweep account program entails transferring collected funds from certain business noninterest-bearing checking accounts and savings deposits into overnight interest-bearing repurchase agreements.
Reciprocal relationship from WTBA graph: al improvements; • Implementing layers of controls and not allowing excessive reliance on any single control; • Employing a variety of preventative and detect…
Reciprocal relationship from WTBA graph: al improvements; • Implementing layers of controls and not allowing excessive reliance on any single control; • Employing a variety of preventative and detect…
Mercantile Bank Corporation Debt Obligations
Instrument
Description
Confidence
Evidence
MBWM-DEBT
Debt stack $726.1M
90%
Market cache reports total debt of $726.1M.
Mercantile Bank Corporation Acquisitions
No acquisitions on recordNo completed or pending acquisitions found in our database for Mercantile Bank Corporation.
Mercantile Bank Corporation Ownership
Holder
Name
Confidence
Evidence
MBWM-OWNER-VANGUARD-CAPITAL-MANAGEMENT-LLC
VANGUARD CAPITAL MANAGEMENT LLC
90%
13F overlay lists VANGUARD CAPITAL MANAGEMENT LLC as top holder; 201 tracked holders.
Mercantile Bank Corporation Extended Supply Chain Network