Mercantile Bank Corporation MBWM Eastern Michigan Bank — Goodwill
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Where this comes from
Reported directly by Mercantile Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Mercantile Bank Corporation's eastern michigan bank — goodwill?
- Mercantile Bank Corporation (MBWM) reported eastern michigan bank — goodwill of $24.22M in Q1 2026.
- What does eastern michigan bank — goodwill mean?
- This metric represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations specifically attributed to the Eastern Michigan Bank segment. It reflects the premium paid for intangible factors such as brand reputation, customer relationships, and market synergy within this specific geographic or operational unit. Monitoring this balance is essential for assessing potential impairment risks and the historical cost of strategic acquisitions.