MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

GLOBEFLEX CAPITAL L P's Holding History (CIK: 0000921531)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013

Shares 154 Value ($000) $3 Avg Close $12.77 Range $11.84 - $13.37

Q3 2013

Shares 154 Value ($000) $3 Avg Close $11.85 Range $10.54 - $13.30

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	154	$3	$12.77	$11.84 - $13.37
Q3 2013	154	$3	$11.85	$10.54 - $13.30