MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Elizabeth Park Capital Advisors, Ltd.'s Holding History (CIK: 0001600583)

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

Q4 2025

Shares 50,971 Value ($000) $2,452 Avg Close $45.87 Range $42.41 - $50.41

Q1 2025

Shares 14,470 Value ($000) $629 Avg Close $45.00 Range $39.27 - $50.23

Q2 2015

Shares 145,486 Value ($000) $3,114 Avg Close $13.68 Range $13.02 - $14.91

Q1 2015

Shares 115,486 Value ($000) $2,258 Avg Close $12.97 Range $12.52 - $14.18

Q4 2014

Shares 104,036 Value ($000) $2,186 Avg Close $13.18 Range $12.41 - $14.87

Q3 2014

Shares 76,630 Value ($000) $1,459 Avg Close $13.06 Range $12.14 - $15.56

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	50,971	$2,452	$45.87	$42.41 - $50.41
Q1 2025	14,470	$629	$45.00	$39.27 - $50.23
Q2 2015	145,486	$3,114	$13.68	$13.02 - $14.91
Q1 2015	115,486	$2,258	$12.97	$12.52 - $14.18
Q4 2014	104,036	$2,186	$13.18	$12.41 - $14.87
Q3 2014	76,630	$1,459	$13.06	$12.14 - $15.56