MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000922127)

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

Q2 2017

Shares 1,500 Value ($000) $47 Avg Close $23.48 Range $21.84 - $25.88

Q1 2017

Shares 1,500 Value ($000) $52 Avg Close $24.07 Range $21.88 - $27.11

Q4 2016

Shares 1,500 Value ($000) $57 Avg Close $22.21 Range $18.55 - $27.62

Q3 2016

Shares 1,500 Value ($000) $40 Avg Close $18.07 Range $16.30 - $19.60

Q2 2016

Shares 1,500 Value ($000) $36 Avg Close $16.40 Range $14.56 - $17.56

Q1 2016

Shares 1,500 Value ($000) $34 Avg Close $15.54 Range $14.31 - $16.73

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	1,500	$47	$23.48	$21.84 - $25.88
Q1 2017	1,500	$52	$24.07	$21.88 - $27.11
Q4 2016	1,500	$57	$22.21	$18.55 - $27.62
Q3 2016	1,500	$40	$18.07	$16.30 - $19.60
Q2 2016	1,500	$36	$16.40	$14.56 - $17.56
Q1 2016	1,500	$34	$15.54	$14.31 - $16.73