Mercantile Bank Corporation MBWM Financing Receivable Revolving Converted To Term Loan During Period
Financing Receivable Revolving Converted To Term Loan During Period at other companies
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Where this comes from
Reported directly by Mercantile Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableRevolvingConvertedToTermLoanDuringPeriod.
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 financing receivable revolving converted to term loan during period?
- Mercantile Bank Corporation (MBWM) reported financing receivable revolving converted to term loan during period of $5.6M in Q1 2026.
- How has Mercantile Bank Corporation's financing receivable revolving converted to term loan during period changed year-over-year?
- Mercantile Bank Corporation's financing receivable revolving converted to term loan during period increased by 1766.7% year-over-year, from $300K to $5.6M.
- What does financing receivable revolving converted to term loan during period mean?
- Represents the total dollar volume of revolving credit lines that were converted into fixed-term loan agreements during the reporting period. This metric indicates a shift in credit product usage, reflecting how the bank manages customer credit needs as they transition from flexible borrowing to structured repayment plans.