-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HNQajA1bXNFpCSEtiwCxv6TVr3n974OFv6HPQvc0j4jUn1mzelOJM+MkQuekf66D 9oz6XdztTgbctbuUQItIow== 0000950124-05-004157.txt : 20050707 0000950124-05-004157.hdr.sgml : 20050707 20050707095229 ACCESSION NUMBER: 0000950124-05-004157 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050707 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050707 DATE AS OF CHANGE: 20050707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERCANTILE BANK CORP CENTRAL INDEX KEY: 0001042729 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 383360865 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26719 FILM NUMBER: 05942431 BUSINESS ADDRESS: STREET 1: 5650 BYRON CENTER AVENUE S. W. CITY: WYOMING STATE: MI ZIP: 49509 BUSINESS PHONE: 616 406-3777 MAIL ADDRESS: STREET 1: 5650 BYRON CENTER AVENUE S. W. CITY: WYOMING STATE: MI ZIP: 49509 8-K 1 k96550be8vk.txt CURRENT REPORT, DATED JULY 7, 2005 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JULY 7, 2005 -------------------- MERCANTILE BANK CORPORATION (Exact name of registrant as specified in its charter) MICHIGAN 000-26719 38-3360865 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification Number) 310 LEONARD STREET NW, GRAND RAPIDS, MICHIGAN 49504 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 616-406-3000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. ITEM 7.01. REGULATION FD DISCLOSURE Press Release. On July 7, 2005, Mercantile Bank Corporation issued a press release announcing a 5% stock dividend and related financial information. A copy of the press release is attached as Exhibit 99.1 and incorporated here by reference. The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits.
Exhibit Number Description - -------------- ----------- 99.1 Press release of Mercantile Bank Corporation announcing a 5% stock dividend and related financial information.
2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MERCANTILE BANK CORPORATION By: /s/ Charles E. Christmas ------------------------------------ Charles E. Christmas Senior Vice President, Chief Financial Officer and Treasurer Date: July 7, 2005 3 EXHIBIT INDEX
Exhibit Number Description - -------------- ----------- 99.1 Press release of Mercantile Bank Corporation announcing a 5% stock dividend and related financial information.
4 EX-99.1 2 k96550bexv99w1.txt PRESS RELEASE EXHIBIT 99.1 [MERCANTILE(R) BANK CORPORATION LOGO] FOR FURTHER INFORMATION: AT MERCANTILE BANK CORPORATION: Gerald R. Johnson, Jr. Charles Christmas Chairman & CEO Chief Financial Officer 616-726-1200 616-726-1202 gjohnson@mercbank.com cchristmas@mercbank.com MERCANTILE BANK CORPORATION ANNOUNCES FIVE PERCENT STOCK DIVIDEND Grand Rapids, MICH., July 7, 2005 -- At a meeting held July 6, 2005, the board of directors of Mercantile Bank Corporation (Nasdaq: MBWM) declared a five percent stock dividend payable on August 1, 2005 to shareholders of record as of the close of business on July 18, 2005. The stock dividend will increase shares outstanding to approximately 7,582,389. Gerald R. Johnson, Mercantile's Chairman and CEO, stated, "We are pleased to reward shareholders with our fifth annual five percent stock dividend, in addition to our regular quarterly cash dividend. The stock dividend reflects our continued commitment to maximize the value of our shareholders' investment in Mercantile through improved stock liquidity, while not placing capital constraints on our ability to grow." About Mercantile Bank Corporation Mercantile Bank Corporation is the bank holding company for Mercantile Bank of West Michigan. The Bank's primary service area is the Kent and Ottawa County area of West Michigan, which includes the City of Grand Rapids, the second-largest city in the State of Michigan. The Bank provides a wide variety of commercial banking services primarily to businesses, individuals, and governmental units through its five full-service offices in greater Grand Rapids and its Holland, Michigan office located thirty miles southwest of Grand Rapids. Mercantile Bank recently announced plans to open full-service branches in Lansing and Ann Arbor, Michigan. Mercantile Bank Corporation's common stock is listed on the Nasdaq National Market under the symbol "MBWM." Forward-Looking Statements This news release contains comments or information that constitute forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the results expressed in forward-looking statements. Factors that might cause such a difference include changes in interest rates and interest rate relationships; demand for products and services; the degree of competition by traditional and non-traditional competitors; changes in banking regulation; changes in tax laws; changes in prices, levies, and assessments; the impact of technological advances; governmental and regulatory policy changes; the outcomes of contingencies; trends in customer behavior as well as their ability to repay loans; changes in the national and local economy; and other factors, including risk factors, referred to from time to time in filings made by Mercantile with the Securities and Exchange Commission. Mercantile undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.
THREE MONTHS ENDED THREE MONTHS ENDED SIX MONTHS ENDED SIX MONTHS ENDED June 30, 2005 June 30, 2004 June 30, 2005 June 30, 2004 ------------------ ------------------ ---------------- ---------------- (Unaudited) (Unaudited) (Unaudited) (Unaudited) EARNINGS PER SHARE 1) BEFORE 5% STOCK DIVIDEND Net income $4,690,000 $3,146,000 $9,052,000 $6,119,000 Basic income per share $ 0.65 $ 0.44 $ 1.26 $ 0.85 Diluted income per share $ 0.64 $ 0.43 $ 1.23 $ 0.84 Average shares outstanding 7,218,512 7,172,633 7,212,451 7,165,744 Average diluted shares outstanding 7,353,163 7,322,474 7,368,687 7,310,298 2) AFTER 5% STOCK DIVIDEND Net income $4,690,000 $3,146,000 $9,052,000 $6,119,000 Basic income per share $ 0.62 $ 0.42 $ 1.20 $ 0.81 Diluted income per share $ 0.61 $ 0.41 $ 1.17 $ 0.80 Average shares outstanding 7,579,437 7,531,264 7,573,073 7,524,031 Average diluted shares outstanding 7,720,821 7,688,597 7,737,121 7,675,812
-----END PRIVACY-ENHANCED MESSAGE-----