MERCANTILE BANK CORPORATION Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Prepayment Speed
MERCANTILE BANK CORPORATION (MBWM) reported Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Prepayment Speed of 9.13% for the 12-month period ending 2025-12-31, per its 10-K filed 2026-02-27.
Financial Statements › Notes › Transfers and Servicing of Financial Assets › Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value
us-gaap:ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed · last filed 2026-02-27
- MERCANTILE BANK CORPORATION servicing assets and servicing liabilities at fair value, assumptions used to estimate fair value, prepayment speed for fiscal 2025 was 9.13%, a 16.90% increase from fiscal 2024.
- MERCANTILE BANK CORPORATION servicing assets and servicing liabilities at fair value, assumptions used to estimate fair value, prepayment speed for fiscal 2024 was 7.81%, a 4.97% increase from fiscal 2023.
- MERCANTILE BANK CORPORATION servicing assets and servicing liabilities at fair value, assumptions used to estimate fair value, prepayment speed for fiscal 2023 was 7.44%, a 12.73% increase from fiscal 2022.
- MERCANTILE BANK CORPORATION servicing assets and servicing liabilities at fair value, assumptions used to estimate fair value, prepayment speed for fiscal 2022 was 6.60%, a 10.81% decline from fiscal 2021.
| Period end | Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Prepayment Speed 12 month |
|---|---|
| 2025-12-31 | 9.13% 10-K · filed 2026-02-27 |
| 2024-12-31 | 7.81% 10-K · filed 2026-02-27 |
| 2023-12-31 | 7.44% 10-K · filed 2025-03-03 |
| 2022-12-31 | 6.60% 10-K · filed 2024-03-01 |
| 2021-12-31 | 7.40% 10-K · filed 2023-03-03 |
| 2020-12-31 | 14.00% 10-K · filed 2022-03-04 |
| 2019-12-31 | 15.30% 10-K · filed 2021-03-05 |
| 2018-12-31 | 9.30% 10-K · filed 2020-03-02 |
| 2017-12-31 | 11.80% 10-K · filed 2019-03-04 |
| 2016-12-31 | 11.50% 10-K · filed 2018-03-05 |
| 2015-12-31 | 11.70% 10-K · filed 2017-03-06 |
| 2014-12-31 | 12.60% 10-K · filed 2016-03-07 |
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