MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Wakefield Asset Management LLLP's Holding History (CIK: 0001600435)

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

Q4 2025

Shares 22,418 Value ($000) $1,078 Avg Close $45.87 Range $42.41 - $50.41

Q3 2025

Shares 22,630 Value ($000) $1,018 Avg Close $46.86 Range $43.03 - $49.73

Q2 2025

Shares 22,657 Value ($000) $1,052 Avg Close $42.36 Range $36.85 - $47.07

Q1 2025

Shares 22,833 Value ($000) $992 Avg Close $45.00 Range $39.27 - $50.23

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	22,418	$1,078	$45.87	$42.41 - $50.41
Q3 2025	22,630	$1,018	$46.86	$43.03 - $49.73
Q2 2025	22,657	$1,052	$42.36	$36.85 - $47.07
Q1 2025	22,833	$992	$45.00	$39.27 - $50.23